In this Book

Radical Markets: Uprooting Capitalism and Democracy for a Just Society

Book
Eric A. Posner and E. Glen Weyl With a new foreword by Vitalik Buterin and Jaron Lanier and a new afterword by the authors
2019
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summary

Revolutionary ideas on how to use markets to achieve fairness and prosperity for all

Many blame today's economic inequality, stagnation, and political instability on the free market. The solution is to rein in the market, right? Radical Markets turns this thinking on its head. With a new foreword by Ethereum creator Vitalik Buterin and virtual reality pioneer Jaron Lanier as well as a new afterword by Eric Posner and Glen Weyl, this provocative book reveals bold new ways to organize markets for the good of everyone. It shows how the emancipatory force of genuinely open, free, and competitive markets can reawaken the dormant nineteenth-century spirit of liberal reform and lead to greater equality, prosperity, and cooperation.

Only by radically expanding the scope of markets can we reduce inequality, restore robust economic growth, and resolve political conflicts. But to do that, we must replace our most sacred institutions with truly free and open competition—Radical Markets shows how.

Table of Contents

Cover

Title, Copyright, Dedication

pp. i-vi

Contents

pp. vii-viii

Acknowledgments

pp. ix-xii

Preface: The Auction Will Set You Free

pp. xiii

Foreword

pp. xxiii-xxxii

Introduction: The Crisis of the Liberal Order

pp. 1-29

1 Property Is Monopoly

pp. 30-79

2 Radical Democracy

pp. 80-126

3 Uniting the World’s Workers

pp. 127-167

4 Dismembering the Octopus

pp. 168-204

5 Data as Labor

pp. 205-249

Conclusion: Going to the Root

pp. 250-276

Epilogue: After Markets?

pp. 277-294

Afterword

pp. 295-304

Notes

pp. 305-328

Index

pp. 329-350
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