RE: Unreal Economics

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RE: Unreal Economics

aussieninja in Finance and Economy • 4 months ago

I was thinking through an idea a long time ago about using blockchain technology to allow citizens to vote on policies that affect them so they wouldn't have to rely on politicians... but I think this is the reason why it wouldn't work - how could I vote if my city budget should be spent on building a new intersection when I don't know anything about road construction, city budgets, tenders, trustworthy contractors, traffic flow, etc etc etc. Obviously things get way more complex when talking about state or federal policy.

I think ultimately we have to find experts and institutions that we can trust because I can barely keep on top of the things people trust me for, let alone all the areas I don't know.

4 months ago in Finance and Economy by aussieninja

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tarazkp 4 months ago

Rather than voting on a political party, you could be given a 100 point checklist of importance, and (using that web of trust for personal weighting) choose what is important to you. Then, once they are all compiled, there is a clear way forward based on the opinions of the people, and then it runs like a business - the best people for the role get hired. You don't need to know anything about how to build an iphone to buy one.

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aussieninja 4 months ago (edited)

But who chooses the best people for the role? Are people voting on all the candidates or is there an elected administrator? If there is an elected administrator, how can we be sure they don't just pick their cousin or someone who bribes them?

Who decides on the actual solutions for the items of importance? How are budgets divided up, who approves that?

A political party doesn't just set overall policy, they do a lot of the administration as well. If there are agencies involved, they'll report into the political party's administrators to work on the detail. This is why I don't think this could work... the level of decision-making required is almost infinite - the public doesn't know enough to make those decisions.

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