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Money systems are being rebuilt – who’s in control?

Organisations like openDemocracy and our reader community can participate in shaping what monetary forms prevail

Money systems are being rebuilt – who’s in control?
We can design systems that improve how people behave and are rewarded online | Chris Rout / Alamy Stock Photo
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The internet started out as a richly utopian prospect. Free and fast information for all would flush out falsehood and produce optimally informed citizens, so they said. It would be a lot of fun too!

That dream has long since soured and the world seems to be engulfed by gales of deviant data.

In response we call tirelessly for regulation and plead for virtuous behaviour from corporations who are constitutionally incapable of detoxifying their products. The incentives are wrong: earnings are fattest when they leverage human psychology to drive dependency and inflamed emotion on their platforms.