Friedrich Hayek and the Collective Brain
The way I see it, democracy and markets are opposed to each other.<p>Democracy: One person one vote.<p>Markets: Each person has tiny micro-votes, and they can get more votes by supporting initiatives that pan out. One individual with millions of micro-votes can easily out-vote a million individuals with less votes.<p>It&#x27;s interesting to see just how &quot;cargo cult&quot;-like the practice of voting has become in many places.