Status, Wealth, & Power: Network Effects Demand a New Social Contract
&gt; And we believe it’s up to tech Founders, VC’s and employees to do something about it. It’s up to us. Governments and other traditional forms of hierarchical power are ill-equipped to understand the network economy and evolve the new social contract.<p>Hard pass, I&#x27;ll take a social contract defined through democracy every time.<p>Founders and investors, in particular, are uniquely unqualified to evolve the social contract because they have overwhelming financial interests.