6min chapter

The Blockchain Socialist cover image

Overthrowing The Network State: Untangling Balaji's Helical Theory of History

The Blockchain Socialist

CHAPTER

The Future of Cryptocurrency in the 21st Century

Eleanor Ostrom won a nobel prize in economics for her work on developing this idea of polycentric governance it's actually her her husband Vincent Ostrom that came up with the idea but she'd always work around it. There is no one simple answer to polycentric governance that's what makes it work and we have an opportunity to think about nested interlocking multi scaler organizations, says Ostrom. We're not trapped into the kinds of conclusions that biology wants us to think that we’re trapped according to Richard Stallman.

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