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402. Replacing Democracy with Epistocracy feat. Jason Brennan

unSILOed with Greg LaBlanc

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Exploring the Limits of Crowd Wisdom and Deliberative Democracy

The chapter delves into the application of the wisdom of the crowd in decision-making, using examples from financial markets to politics while discussing its limitations. It explores deliberative democracy, analyzing the challenges of achieving consensus through reasoned debate and the practicality of implementing such ideals in real-world democracies. The debate between experts and the general public in governance decision-making is also examined, proposing methods like enlightened preference voting and crowd-generated quizzes to enhance decision-making processes.

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