Chapter
Protecting Minorities in Democracy
1:05:13 - 1:10:35 (05:22)
The challenge with democracy is that the majority can take things away from the minority, but one principle of political science is to protect a minority that funds a state's budget by preventing the majority from discriminating against them.
Clips
In a democracy, the majority can pass laws that may take away from the minority.
1:05:13 - 1:07:34 (02:21)
Summary
In a democracy, the majority can pass laws that may take away from the minority. The challenge is to find a political science principle that protects the minority from having their funds and rights stripped away.
ChapterProtecting Minorities in Democracy
EpisodeE28: Current state of public & private markets, Archegos debacle, US debt issues, wealth tax & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
There is a shortage of clean water in California's Central Valley, with some residents having to buy expensive jugs of already bottled water due to contamination.
1:07:35 - 1:08:30 (00:55)
Summary
There is a shortage of clean water in California's Central Valley, with some residents having to buy expensive jugs of already bottled water due to contamination. For just two and a half million dollars, 5000 people could have access to clean water through a new project.
ChapterProtecting Minorities in Democracy
EpisodeE28: Current state of public & private markets, Archegos debacle, US debt issues, wealth tax & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The ability to talk directly to people and allow them to underwrite their truth against yours is the modern power.
1:08:30 - 1:10:35 (02:05)
Summary
The ability to talk directly to people and allow them to underwrite their truth against yours is the modern power. Rather than fighting back against bills that impose taxes on social media companies, we should focus on aggregating distribution power to replace the tax and seek success.