3min chapter

Clearer Thinking with Spencer Greenberg cover image

Crumbling institutions, culture wars, and the dismissal economy (with Ashley Hodgson)

Clearer Thinking with Spencer Greenberg

CHAPTER

The Economic Paradigm Shift

The way I see economics here is I think there's game theory going on when it comes to markets and firms and corporations. The more that happens, the worse it will be from a monopoly sort of standpoint. It's going to be like a natural progression of power to the powerful in the corporate sector. But if they use technology or if we redesigned institutions, say through Web 3.0 or through just creative design for communities in a variety of ways, I think there could be ways of solving those game theory problems.

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