AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Flaws of Democracy and Competent Hierarchies
This chapter examines the weaknesses of democracy and suggests the implementation of checks and balances to prevent exploitation. It also explores the concept of hierarchy, advocating for competent hierarchies like free markets to replace dominant hierarchies. The chapter emphasizes the shift towards rational interactions and compares the positive sum game of free markets with the zero sum game of political games and war. Additionally, it includes sponsor ads for NetSuite and Icoin Technologies.