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152 - Why Can't We Have Nice Things | Liv Boeree

Bankless

CHAPTER

Understanding Moloch: Competition and Coordination Failure

This chapter introduces the concept of Moloch as a representation of coordination failures and how unhealthy competition manifests in social dynamics. It explores the implications of technology and societal pressures through examples like social media's beauty filters and the prisoner's dilemma. The discussion emphasizes the need for wisdom in decision-making to counteract Moloch's destructive influences and promote healthier cooperation.

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