The cost of the central authority via /r/economy


The cost of the central authority

OpenBazaar is a free platform for peer to peer trade. In a series of articles I will try to encourage debates regarding the effect of free decentralized platforms such as OpenBazaar on societies and governance in general. This is the first article which is about social institutions:

"… Institutions may reach to a point, says Locke (one of the main contributors to the theory of the social contract, not an anarchy) where revolution becomes an obligation. The social contract states that governance is a service society should pay for by abandoning a portion of their freedoms. What specifies the price? Can I say, at some point, well no thank you? "

This is the link to the full article: https://bitrump.org/2018/11/20/openbazaar-and-institution-the-cost-of-the-central-authority/ Thanks

Submitted November 21, 2018 at 07:02AM by AliRastgar
via reddit https://www.reddit.com/r/economy/comments/9z2ms3/the_cost_of_the_central_authority/?utm_source=ifttt

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