John Wiley & Sons Inc The Next Democracy (3, 2025) | Erdem Ovacik

Explore why we feel stuck with our democracies, and radical new visions for governing ourselves and the planet In The Next Democracy , social entrepreneur and Founder of Donkey Republic, Erdem Ovacik, delivers a startlingly insightful discussion of a new collective governance model based on markets and data that can improve our wellbeing as individuals, and as a society. The author explains how we can develop the next generation of government that is data-driven, iterative, transparent, and that we decentrally and directly make laws online using prediction markets and delegate voting. Using same principles of data and market, the author also explores delivery of public goods, where we link products and services' externalities to measurable metrics we collectively care about altering business models, and removing the dichotomy of consumerism and public service. You'll explore how we can assign real value to our public goods, changing the way we think about valuation and budgets for public spending. Filled with case studies, illustrations, new governance models and frameworks, and key takeaways and summaries of each chapter, you'll also find: A comprehensive explainer of the challenges caused by a collective inability to protect and deliver public goods Discussions of how to develop transparent, decentralized institutions that align private and collective interests to deliver public goods using markets and data An exploration of “Merit Democracy,” a radically new form of democracy Perfect for citizens who seek fresh visions for democracy, and young professionals and impact entrepreneurs who want to work towards creating impact. The Next Democracy is also a must-read for those who seek change through their investments to see the role they can play for a clear vision for a world we can all happily live in.