
#43 – Glen Weyl on Pluralism, Radical Markets, and Social Technology
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Is Capitalism Consistent With Efficiency?
Capitalism can't be consistent with efficiency n in the cases that were really interested in, these cases, expidential technologies. But having sim ultenative like quadratic funding, does getthe the efficient oroptimal thing. Just to kind of draw out that wilomeanin, my favorite example is media. So media is a classic increasing returns phenomena.
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