Rentier capitalism turbo-charged by technology has profited the few; negatively impacted politics, mental health and the environment and constrained economic outcomes to silo’d local optimums. The future is in fact more capitalism, and as with most of the future its already here just not evenly spread. The secret is ‘digital ownership’. Belonging, skin-in-the-game, a share in the upside. There is ‘virtue in selfishness’...it is fundamental to family, to society (the ‘virtue of selfishness’) and it turns out we now have the technology to make them fundamental to business also. A better, more benevolent form of business.
Covid-19 left many out of work, generating yield in blockchain games has provided them with some respite, but this is just the beginning of a new paradigm that rewards participants for their efforts.