Encouraged by the University of California's widely-discussed decision to push back against Elsevier:https://www.chronicle.com/article/U-of-California-System/245798 …
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Yeah, very much so. Though of course capitalism has found a lot of really interesting ways round that problem. Even interest rates are an example, not to mention venture capital, insurance, and lots of other tools all aimed squarely at that.
In general, I wonder a lot at the possibility of creating new types of market that help address some of this problem.
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Such as quadratic voting as described in
@glenweyl 's Radical Markets for allocation of collective resources to many initiatives? -
Yes. Or dominant assurance contracts & elaborations. Or by taking the Ostrom principles much more seriously. Or ideas futures markets. Or ... [etc etc etc]
End of conversation
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