The Next Democracy

In The Next Democracy, social entrepreneur Erdem Ovacik delivers a startlingly insightful discussion of a new collective governance model based on markets and data that can improve our wellbeing as individuals, and as a society. The author explains how we can develop the next generation of government that is data-driven, iterative, transparent, and that allows us to decentrally and directly make laws online using prediction markets and delegative voting. Using the same data and market principles, the author also explores the delivery of public goods. You'll explore how we can assign real value to our public goods, changing the way we think about valuation and budgets for public spending. Filled with case studies, new governance models and frameworks, and key takeaways and summaries of each chapter, you'll also find ? A comprehensive explainer of the challenges caused by a collective inability to protect and deliver public goods ? Discussions of how to develop transparent, decentralized institutions that align private and collective interests to deliver public goods using markets and data ? An exploration of "Merit Democracy," a radically new form of democracy