In a well-run society, it is not clear that it is trivial to distinguish between "government" and "non-government" - witness the role of labour unions as a kind of quasi-government in 20th century Scandinavia. So what I meant to say was "should be run by an entity that's more state and/or collective than private and/or individual." Your model would certainly qualify as that. Although I'm not convinced that it's necessarily the optimal model for things like water and railroads (and to some degree electricity) which are by their very nature large, integrated systems that must be micromanaged to a considerable extent by a central hub.
- Jake If you only spend 20 minutes of the rest of your life on economics, go spend them here.
Your model would certainly qualify as that. Although I'm not convinced that it's necessarily the optimal model for things like water and railroads (and to some degree electricity) which are by their very nature large, integrated systems that must be micromanaged to a considerable extent by a central hub.
Ummm...good point, but a strong management core need not necessarily mean hierarchy,just a much more significant node on the network. "Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky
It's about direct routing of information, disintermediation, and flat, rather than multi-level structures. "Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky
The enterprise model - legal XML, if you like - is only just beginning to adapt to this.
For physical networks, different rules apply. "Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky
