by Alan Forester-Kaiser | Jun 16, 2016 | bookchin, confederalism, platform
Murray Bookchin Few arguments have been used more effectively to challenge the case for face-to-face participatory democracy than the claim that we live in a “complex society.” Modern population centers, we are told, are too large and too concentrated to allow for...
by Alan Forester-Kaiser | Jun 15, 2016 | dao, merkle, platform
Anyone can propose a bill at any time. All proposals are reviewed equally, without bias. Proposals that improve the general welfare (according to the prediction market’s evaluation of the publicly known metric for the general welfare) will be adopted. The mechanism by...
by Alan Forester-Kaiser | Jun 15, 2016 | dao, merkle, platform
Most democracies have an Executive Officer, such as the President of the United States, typically elected either directly or indirectly by the people. In a DAO Democracy, assuming we retain the Executive Branch in more or less its current form, the simplest approach...
by Alan Forester-Kaiser | Jun 15, 2016 | dao, merkle, platform
Another problem with evaluating collective welfare is membership in the collective: who do we add and who do we remove? We consider criteria that are suitable for membership in a nation (in contrast with membership in the local chess club, or a student in a school, or...
by Alan Forester-Kaiser | Jun 15, 2016 | dao, merkle, platform
We now give an example of how to buy and sell DCWi in a prediction market. First, a trader purchases a pair of conditional bearer bonds from a bank for $1 in the year 2016. The first says “Pay to bearer $1 times DCW2016” The second says “Pay to bearer $1 times...
by Alan Forester-Kaiser | Jun 15, 2016 | dao, merkle, platform
– Ralph Merkle State of Satisfaction. Annually, all citizens are asked to rank the year just passed between 0 and 1 (inclusive). If you wish, you can think of this as a poll of each citizen’s individual welfare, where 0 means the welfare of the citizen that...