Steve Randy Waldman
@interfluidity.com

I really like Western ideas of individual enterprise free from the guidance of authority! But we can adapt them to alternative institutions! 1/

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Steve Randy Waldman
@interfluidity.com

@vitalik.ca for example has had interesting ideas about decentralized ex post finance of public goods. Treat innovation as a public good, and let a diverse range people allocate state funds to the ones they perceive has having been very valuable. 2/

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Steve Randy Waldman
@interfluidity.com

@deanbaker13.bsky.social has suggested giving all citizens a right to allocate sum of state money they can allocate to journalistic organizations that do not paywall. 3/

in reply to self
Steve Randy Waldman
@interfluidity.com

Even institutions where the state does play a formal role can be reformed to be much less discriminatory. Subsidies of fixed capital can be granted on the basis of proof that capital will be fixed and there's a plausible business plan to try to use it, without playing sectoral favorites. 4/

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Steve Randy Waldman
@interfluidity.com

In general, the barriers to entry to granting systems, and the returns to connections or experience or expert-knowledge in applying for grants, can be diminished, and the range of activities for which grants can be offered can be made very broad. /fin

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