Status, Wealth, & Power: Network Effects Demand A New Social Contract

But as we’ve seen, monetization is only one dimension to the platform legitimacy crisis. It’s not just about money: it’s about agency and autonomy, and having the opportunity to participate in decisions that directly impact your livelihood. It’s about breaking the unilateral power that platforms hold as centralized points of control in the ecosyste... See more

One such protection would be a Social Accountability Act stipulating that every corporation be graded according to an index of social worthiness, to be compiled by panels of randomly selected citizens, the equivalent of juries, chosen from a diverse pool of stakeholders: the company’s customers, members of the communities it affects, and so on. If ... See more