Radical Markets

From earlier notes:

• Auctions as free markets- used everyhwhere from ads to spectrum
• Moral economies were the norm before. Superior to market economy in many ways but do not scale past trust/gossip/community
• Markets must be free, competitive, and open
• Two problems - market power, and lack of markets
• Monopoly power is everywhere - individual land owners, etc
  • Monopoly game was developed to share this idea
• Corporations skirt this by owning many assets
• Voting
  • You should have to pay for what your vote denies someone else (the way buying a good denies them that good)
  • Y