Sunday, May 21, 2017

Loomio in Taiwan

Anyone who has read my series on how I think economies operates knows that I think large (national) economies organized in adherence to a particular economic system will always result in an imbalance of power and eventually collapse. To my mind, economies should emerge from local needs and skills to meet the wellbeing of all participants. The key to not allowing power to concentrate is information transparency; the degree and extent of which must evolve and change according to economic demands. The goal is to maximize transparency without inhibiting economic transactions.

In the second half of the April 21 podcast of Economic Update, Enabling Worker Co-ops, Richard Wolff interviews Richard Bartlett who started Loomio, a 'software worker-cooperative that is using groundbreaking collective decision-making strategies'. He describes how the citizens of Taiwan were able to use this type of decision making process to effect their will on government policy... and this is ongoing. This may be the best modern example of 'evolving' policy making to be had on a governing level.


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