Economic growth: inclusive, green, no-cost.

ABOUT: 25 years preparation

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Shadow montage 2Could governments initiate empowering new markets? It’s a question at the intersection of emerging technology, politics, business and policy. We have spent decades pursuing answers.

 

A road less travelled

Policy entrepreneurship runs through the history of technology. To take one example: As motorized vehicles appeared, New Yorker William Phelps Eno invented traffic management, unpaid and uninvited. His 1900 article “Reform in Our Street Traffic Most Urgently Needed” led to internationally self-published books like “Rules for Driving”. Undeterred by official opposition he unilaterally erected his own standardized road signs. The courts ruled his orders for traffic to stop at junctions a violation of individual rights. But, over decades, Eno’s common-sense rules became law in country after country.

Pioneers like Eno inspired thinking about new types of market. The idea of an officially backed vision to democratize new trading technologies was an outlier when first developed between 1994-2000. To get something going, emphasis shifted to a small part of the vision: encouraging public employment agencies to launch empowering platforms for hourly labor. The technology was eventually built and markets launched in the UK then the US. This as “gig work” became a politically charged issue.

We are a British non-profit dedicated to open-sourcing our technology and learning. There are partnerships with US non-profits. It’s been a checkered journey so far; but we live in volatile times. The full vision seems increasingly relevant, palatable, even overdue. It could ignite at any time.

 

In this section:

History: Out of tune with the times, a shift to improving “gig work”.

What now?: An organization to promote Modern Markets for public benefit.

Contact: With limited resources, it’s clear who we need to talk with.