Jointly authored by Divya Siddarth, Matthew Prewitt,and Glen Weyl, this paper provides a framework for thinking beyond the traditional economic approach of public vs private goods. The paper argues for funding mechanisms that take into account “supermodular” goods, which encompass everything under the familiar umbrella of “public goods”, but also include private or excludable systems that become more effective when provided to more people.

It is fiendishly difficult to get lots of people to make decisions and work together both non-hierarchically and effectively. Because blockchain technology enables decentralized consensus at scale, the implications for human decision-making and coordination are immensely promising; if we can use it to scale decentralized governance, this could be a paradigm shift in how most of us live and work together.