TED talk on quadratic funding, a non-market mechanism that a postcapitalist society could use to support a decentralized ecosystem of public goods available to each according to need

“How Quadratic Funding Could Finance Your Dreams | Kevin Owocki | TED”

https://youtu.be/1GRt0j698T4

This mechanism could be used to solve funding issues in public goods such as journalism and FOSS.

Please ignore the reference to crypto. This could be incorporated into today’s voting process

@socialism

  • J Lou@mastodon.socialOP
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    6 hours ago

    A variant of this should replace non-profit tax exemptions and all campaign finance rules.

    The way to prevent bribing is secret and anonymous contributions. You could, for example, imagine including these contributions to your favorite media and FOSS organizations as part of your ballot.

    This could be implemented by a federation of worker coops to fund local public goods that all the member coops benefit from with the matching pool coming from membership fees and Harberger leases

    @socialism