Discover and read the best of Twitter Threads about #plutocracy

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We as an industry need to make explicit a key point about the #governance space:

*In our 500,000 years of being humans we have learned less about coordination systems than we will learn in the next 5-10 years.*

@lrettig @MolochDAO @cburniske @AragonProject @daostack @nc0we 👇
First and foremost, if you are designing *governance systems* and you’re not up to speed on our 200+ years of quantitative research in this area, consider researching this body of work.

Here is a resource to get you started, first tweeted in 2017:

Secondly, by and large, we collectively have at most a few years of experience with on-chain voting systems.

Voting is just one way to coordinate.

Everything is an experiment.

Governance of networks, upgrades, DAOs, nonprofits, public co’s does not & should not look the same.
Read 14 tweets
@ParthapratimKh3 @AkbAsis @barua_ashish @PaulGambles2 @RonnieChopra1 @Burke_Esq @mektronik @MonetaryWonk @askeamonn If people can only get into the US #Senate with millions of campaign-funds the system is broken. Also see the multi-million $-villas US career-politicians have.
The are really lobby-agents for their donors. It is a bought #democracy!
#US #Trump #Obama #Clintons
@ParthapratimKh3 @AkbAsis @barua_ashish @PaulGambles2 @RonnieChopra1 @Burke_Esq @mektronik @MonetaryWonk @askeamonn 2. #Obama has worked as a lawyer for a short time, thereafter politics, but is worth millions.
The #Clintons broke after Bill was no longer #president (legal fees), years later worth $200 millions (with $330 to 400K speaking-fees = bribe-money).
@ParthapratimKh3 @AkbAsis @barua_ashish @PaulGambles2 @RonnieChopra1 @Burke_Esq @mektronik @MonetaryWonk @askeamonn 3. The "lefty" #BernieSanders owns 3 villas.

This is a regime of lobbycrats serving mainly the 1%.

Only solution: Limit donations to an amount not exceeding $1.000. Also ensure that all business-dealings of active politicials are made public. Non-discosure mustcarry penalties.
Read 6 tweets

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