Ep. 31: Max Borders on Decentralization, Social Evolution and New Organisational Models for Firms, DAOs and Countries
Stranded Technologies Podcast
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The Theory of the Firm
The idea of sub done bar socialism is kind of what we're evolved to do right at work but absolutely number. And above that, when you have pooled resources with people that you don't know or see that mechanism. I think we know very much from history doesn't work. Right, so you need to use technologies like money like for profit organizations and things like that. As we discover these technological and philosophical even means of arranging ourselves for some mission, where mission is the important piece in this, we will start to see changes in transaction costs,. i.e. they will be reduced on net, like over time transaction costs come down.
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