Sustainably Decentralizing Power, Using the Blockchain?

Private property, modern liberalism, the worldwide web – all of these inventions were supposed to be about decentralizing power, but with every single one we have seen reconcentrations of power.

Glen Weyl is Microsoft’s principal researcher; a visiting research scholar at Princeton’s Woodrow Wilson Schools. He is a political economist and social technologist; his book Radical Markets proposes to abolish private property using blockchain technology. He argues that by thinking through the social and economic dynamics of decentralization, we might be able to build rules into a decentralized system to make it last.

Blockchain 11: Decentralized Autonomous Organizations

This video explains the idea of a Decentralized Autonomous Organization (DAO) and talks about the current context surrounding the term.

A decentralized autonomous organization is an organization that is run by rules that are created by their members through a consensus process and then written into a set of contracts that are run via computer code, thus enabling the automated management of a distributed organization.