
Our Unpleasant Privatized Reality



[J]ust imagine taking [privatization] to its absurd extreme. Imagine if we could privatize city streets and create ownership rights for the air. Every time you walked out your door, you would have to pay some fraction of a cent for the privilege. Every time you took a breath, you would pay a far tinier fraction for the chemical changes caused by yo... See more
Noah Smith • Web3 had better not be Transaction Cost Hell
This thought led Walker to the observation that America was becoming privatized now. The American public had their big conversation out there in the messy democracy, and the elite had its own ongoing intramural chat. He mentioned the proliferation of idea salons in his social universe. He brought up the people who spend tens of thousands of dollars
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