The Nature of Monopoly Theory

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Network effects, like metcalf's law, didn't exist when the scottish enlightenment was coming up with its ideas of capitalism and market. Adam smith did not get to think about those things. And this is one of the reasons that we see these natural monopoly formations within these categories of te. This also means that when we created the laws around monopolies, they don't apply to this thing. But it's able to grow much faster than law is able to figure out how to deal with it - or economic theory can change itself.

We’ve explored many different problems on Your Undivided Attention — addiction, disinformation, polarization, climate change, and more. But what if many of these problems are actually symptoms of the same meta-problem, or meta-crisis? And what if a key leverage point for intervening in this meta-crisis is improving our collective capacity to problem-solve?

Our guest Daniel Schmachtenberger guides us through his vision for a new form of global coordination to help us address our global existential challenges. Daniel is a founding member of the Consilience Project, aimed at facilitating new forms of collective intelligence and governance to strengthen open societies. He's also a friend and mentor of Tristan Harris.

This insight-packed episode introduces key frames we look forward to using in future episodes. For this reason, we highly encourage you to listen to this unedited version along with the edited version.

We also invite you to join Daniel and Tristan at our Podcast Club! It will be on Friday, July 9th from 2-3:30pm PDT / 5-6:30pm EDT. Check here for details.