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140a. Political economy pt. I: The Social Order of the Underworld

Education Bookcast

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What Does Governance Give You?

governance gives you property rights that can be actually enforced it means people won't steal your things or be violent to you. It helps people secure the benefits of trade uh by keeping people honest essentially again and being able to punish people who who perform badly. The third thing is to help people work together or to help people act collectively so with those things in mind we need to think about ways that governance can work now government is one form of governance but it's not really the whole thing i mean each little organization that you might be part of may have its own rules like a ping pong club, for example.

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