Communities worldwide want economies that are stronger, greener, fairer, more resilient, more democratic, and more diverse. Jobs must be created, climate change addressed, infrastructure repaired, schools upgraded, and more. The LEDDA economic direct democracy framework, now under development, offers a bold yet practical solution.
The LEDDA framework provides greater organization to a local economy, one hard-wired for cooperation and steeped in democratic decision-making processes. A complete description is given in the book Economic Direct Democracy: A Framework to End Poverty and Maximize Well-Being.
Chesky argues that the ability to profit from sharing assets is a business model both resistant to recession and to the coming robot work-apocalypse.
Airbnb CEO spells out the end game for the sharing economy, in 7 quotes
VentureBeat, 2 July 2014
T-Mobile took ’100s of millions of dollars’ from bogus txt charges – Feds
Network CEO slams FTC, FCC allegations as baseless
>By Shaun Nichols
The Register, 1 Jul 2014
T-Mobile US was accused today of slapping bogus text-message charges worth hundreds of millions of dollars on customers’ bills.
Airbnb does business in 34,000 cities, has a valuation of over 10 billion dollars, and in a very short time has disrupted the world of hospitality and travel. Its co-founder and CEO Brian Chesky envisions the future city as a place where sharing is front and center — where people become micro-entrepreneurs, the local mom and pops will flourish once again, where space isn’t wasted, but shared, and more of almost everything is produced, except waste. But the journey from here to there won’t be all smooth sailing. What are the ups and downs of the sharing economy, as businesses like Airbnb confront critiques about regulation, economic development, and fairness? What role might businesses play in creating more shareable, more livable cities? How will the sharing economy, with its de-emphasis on ownership, be a tool for addressing urban inequality?