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Explore why we feel stuck with our democracies, and radical new visions for governing ourselves and the planet
In The Next Democracy, social entrepreneur and Founder of Donkey Republic, 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 we decentrally and directly make laws online using prediction markets and delegative voting.
Using same principles of data and market, the author also explores delivery of public goods, where we link products and services' externalities to measurable metrics we care collectively care about altering business models, and removing the dichotomy consumerism and public service.
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, illustrations, 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
Perfect for citizens who seek fresh visions for democracy, and young professionals and impact entrepreneurs who want to work towards creating impact. The Next Democracy is also a must-read for those who seek change through their investments to see the role they can play for a clear vision for a world we can all happily live in.
Explore why we feel stuck with our democracies, and radical new visions for governing ourselves and the planet
In The Next Democracy, social entrepreneur and Founder of Donkey Republic, 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 we decentrally and directly make laws online using prediction markets and delegative voting.
Using same principles of data and market, the author also explores delivery of public goods, where we link products and services' externalities to measurable metrics we care collectively care about altering business models, and removing the dichotomy consumerism and public service.
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, illustrations, 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
Perfect for citizens who seek fresh visions for democracy, and young professionals and impact entrepreneurs who want to work towards creating impact. The Next Democracy is also a must-read for those who seek change through their investments to see the role they can play for a clear vision for a world we can all happily live in.
Introduction 1
Chapter 1 Exodus From Populism 7
The Growing Mistrust in Public Governance 15
Digging Into the Representation Problem 24
Qualities of Good Governance 32
Excessive Inequality Undermines Democracy 41
Public Goods: What Money Can't Buy 50
When Money No Longer Means Value 55
Tech Will Save Us: The Tech-Naive Story 58
Filling the Void? Charity, Impact-investing, Corporate Social Responsibility 64
Our Four Economic Hats: The Consumer, Investor, Laborer, and the Citizen 70
Chapter 2 Democracy's Crossroads: Innovate Or Die 75
Innovating Companies Win, Big Time 80
Evolution Thrives with Experimentation 82
Getting Innovation into the Government 86
Dystopian Outcomes of Dysfunctional Democracies 94
Chapter 3 Brewing Change for Legislation 97
Experiments with Voting 101
Participatory Budgeting 104
Citizen Assemblies 107
Digital Changemakers from WikiLeaks to Liquid Democracy 110
DAOs - Decentralized Autonomous Organizations 114
Chapter 4 The Struggle to Deliver Public Goods 121
How Did We Get Here? 124
From Leading to Fire-fighting 127
The Move Toward Privatization 129
Rethinking Public Procurement 131
Efficient but Not Effective 133
Buying Goods from Companies Based on Outcomes 135
Pricing What Matters 139
Beyond ESG and CSRD 143
Chapter 5 Merit Democracy: the Way Forward 147
Holding Ourselves Accountable 150
Experimenting Over Forecasting 152
Embracing Markets for Public Goods 159
Empowering Public Goods with (Big) Data 164
Transparency Breeds Legitimacy 167
An Open and Inclusive Design 169
Chapter 6 Merit Democracy in a Bicycle 173
The Front Wheel: Legislation in Merit Democracy 176
Betting Can Save Our Democracy 178
The Economy of Citizen Credits 185
Legitimacy Through (Liquid) Voting 190
Measurement as Underlying Enabler 195
Envisioning a Policy Market to Overcome Loneliness 197
The Back Wheel: Delivery of Public Goods in Merit Democracy 200
Money-Value Alignment 200
Unleashing New Business Models 205
How to Fund Public Goods 208
Envisioning a Mobility Impact Market to Overcoming Car Dependency 210
Envisioning a Media Impact Market to Overcome Click Bait Culture 214
The Handlebar: Taking Ownership of Our Challenges 217
City, National/Federal, Global 220
The Bike Frame: Role of State in Merit Democracy 224
Chapter 7 Reasons to Remain Cautious 227
Digital Literacy and Access 228
Losing the Personal Touch 229
Limits to Measuring 230
We Should Focus on Degrowth 233
Fighting the Enemy Is Priority 234
Prone to Manipulation 236
Privacy and Data Safety 237
Trapped in Siloed Thinking 238
Experimentation Is Well Worth the Risks 239
Chapter 8 The Mission Ahead: Bend Not Break 243
Change from Within 246
Digital-born Alternatives 251
But What Can I Do? 252
Getting Political 256
One Day in Not So Distant Future 259
Notes 265
References 267
Index 279
| Erscheinungsjahr: | 2025 |
|---|---|
| Fachbereich: | Management |
| Genre: | Importe, Wirtschaft |
| Rubrik: | Recht & Wirtschaft |
| Medium: | Buch |
| ISBN-13: | 9781394315383 |
| ISBN-10: | 1394315384 |
| Sprache: | Englisch |
| Einband: | Gebunden |
| Autor: | Ovacik, Erdem |
| Hersteller: | Wiley |
| Verantwortliche Person für die EU: | Libri GmbH, Europaallee 1, D-36244 Bad Hersfeld, gpsr@libri.de |
| Maße: | 234 x 157 x 28 mm |
| Von/Mit: | Erdem Ovacik |
| Erscheinungsdatum: | 17.06.2025 |
| Gewicht: | 0,499 kg |
Introduction 1
Chapter 1 Exodus From Populism 7
The Growing Mistrust in Public Governance 15
Digging Into the Representation Problem 24
Qualities of Good Governance 32
Excessive Inequality Undermines Democracy 41
Public Goods: What Money Can't Buy 50
When Money No Longer Means Value 55
Tech Will Save Us: The Tech-Naive Story 58
Filling the Void? Charity, Impact-investing, Corporate Social Responsibility 64
Our Four Economic Hats: The Consumer, Investor, Laborer, and the Citizen 70
Chapter 2 Democracy's Crossroads: Innovate Or Die 75
Innovating Companies Win, Big Time 80
Evolution Thrives with Experimentation 82
Getting Innovation into the Government 86
Dystopian Outcomes of Dysfunctional Democracies 94
Chapter 3 Brewing Change for Legislation 97
Experiments with Voting 101
Participatory Budgeting 104
Citizen Assemblies 107
Digital Changemakers from WikiLeaks to Liquid Democracy 110
DAOs - Decentralized Autonomous Organizations 114
Chapter 4 The Struggle to Deliver Public Goods 121
How Did We Get Here? 124
From Leading to Fire-fighting 127
The Move Toward Privatization 129
Rethinking Public Procurement 131
Efficient but Not Effective 133
Buying Goods from Companies Based on Outcomes 135
Pricing What Matters 139
Beyond ESG and CSRD 143
Chapter 5 Merit Democracy: the Way Forward 147
Holding Ourselves Accountable 150
Experimenting Over Forecasting 152
Embracing Markets for Public Goods 159
Empowering Public Goods with (Big) Data 164
Transparency Breeds Legitimacy 167
An Open and Inclusive Design 169
Chapter 6 Merit Democracy in a Bicycle 173
The Front Wheel: Legislation in Merit Democracy 176
Betting Can Save Our Democracy 178
The Economy of Citizen Credits 185
Legitimacy Through (Liquid) Voting 190
Measurement as Underlying Enabler 195
Envisioning a Policy Market to Overcome Loneliness 197
The Back Wheel: Delivery of Public Goods in Merit Democracy 200
Money-Value Alignment 200
Unleashing New Business Models 205
How to Fund Public Goods 208
Envisioning a Mobility Impact Market to Overcoming Car Dependency 210
Envisioning a Media Impact Market to Overcome Click Bait Culture 214
The Handlebar: Taking Ownership of Our Challenges 217
City, National/Federal, Global 220
The Bike Frame: Role of State in Merit Democracy 224
Chapter 7 Reasons to Remain Cautious 227
Digital Literacy and Access 228
Losing the Personal Touch 229
Limits to Measuring 230
We Should Focus on Degrowth 233
Fighting the Enemy Is Priority 234
Prone to Manipulation 236
Privacy and Data Safety 237
Trapped in Siloed Thinking 238
Experimentation Is Well Worth the Risks 239
Chapter 8 The Mission Ahead: Bend Not Break 243
Change from Within 246
Digital-born Alternatives 251
But What Can I Do? 252
Getting Political 256
One Day in Not So Distant Future 259
Notes 265
References 267
Index 279
| Erscheinungsjahr: | 2025 |
|---|---|
| Fachbereich: | Management |
| Genre: | Importe, Wirtschaft |
| Rubrik: | Recht & Wirtschaft |
| Medium: | Buch |
| ISBN-13: | 9781394315383 |
| ISBN-10: | 1394315384 |
| Sprache: | Englisch |
| Einband: | Gebunden |
| Autor: | Ovacik, Erdem |
| Hersteller: | Wiley |
| Verantwortliche Person für die EU: | Libri GmbH, Europaallee 1, D-36244 Bad Hersfeld, gpsr@libri.de |
| Maße: | 234 x 157 x 28 mm |
| Von/Mit: | Erdem Ovacik |
| Erscheinungsdatum: | 17.06.2025 |
| Gewicht: | 0,499 kg |