Part 7/14:
- This decentralized approach resists technofudalism—concentrations of power—by empowering democratic communities to hold ownership, manage wealth, and make decisions aligned with local assets.
Aligning Incentives and Combating Elite Capture
A significant concern addressed is elite capture—the risk that wealthy actors will monopolize assets, eroding the broader ownership base and undermining demand resilience.
Distributed ownership ensures that demand remains rooted in community and household assets, thwarting monopolistic accumulation.
Market health depends on the spread of ownership, which sustains steady demand and reduces inequality-driven volatility.