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Economic Direct Democracy: A Framework to End Poverty and Maximize Well-Being

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Abstract

In Economic Direct Democracy: A Framework to End Poverty and Maximize Well-Being, John Boik proposes an innovative social framework that enables communities to strengthen local economies, and take meaningful action on infrastructure, debt, income inequality, health care, climate change, and environmental degradation. He challenges us to examine the basic purpose of an economic system, and to consider that human nature drives individuals toward deeper cooperation. Boik's proposal integrates multiple local movement, participatory democracy, and open society initiatives into a single framework that helps organize and enhance existing city, county, and regional economies. By infusing a local economy with 21st century direct democracy, the system empowers local areas to take the lead in making real change. The hopeful message is that we can increase incomes, end poverty, reach full employment, and address major social and environmental problems, in our lifetime.

Suggested Citation

  • John C. Boik, 2014. "Economic Direct Democracy: A Framework to End Poverty and Maximize Well-Being," Book, Principled Societies Project, number 0004.
    • Handle: RePEc:psp:bookss:0004
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    File URL: https://principledsocietiesproject.org/RePEc/files/Economic_Direct_Democracy_Donation_Version_05-30-2014.pdf
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    References listed on IDEAS

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    1. Fredrik Hedenus & Stefan Wirsenius & Daniel Johansson, 2014. "The importance of reduced meat and dairy consumption for meeting stringent climate change targets," Climatic Change, Springer, vol. 124(1), pages 79-91, May.
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    Citations

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    Cited by:

    1. John C. Boik, 2021. "Science-Driven Societal Transformation, Part III: Design," Sustainability, MDPI, vol. 13(2), pages 1-26, January.
    2. John C. Boik, 2016. "Optimality of Social Choice Systems: Complexity, Wisdom, and Wellbeing Centrality," Working Paper 0005, Principled Societies Project, revised Mar 2017.
    3. Economou, Emmanouel/Marios/Lazaros & Kyriazis, Nicholas, 2019. "Boeotians, Achaeans and Europeans. Can we learn from the ancient Greek federal experience?," MPRA Paper 91442, University Library of Munich, Germany.
    4. John C. Boik, 2020. "Science-Driven Societal Transformation, Part II: Motivation and Strategy," Sustainability, MDPI, vol. 12(19), pages 1-23, September.
    5. John C. Boik, 2020. "Science-Driven Societal Transformation, Part III: Design," Working Paper 0012, Principled Societies Project.
    6. John C. Boik, 2014. "First Microsimulation Model of a LEDDA Community Currency-Dollar Economy," Working Paper 0001, Principled Societies Project, revised Oct 2014.

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    More about this item

    Keywords

    LEDDA; token; TES; sustainability; agent-based; stock-flow consistent; simulation; local currency; community currency; complementary currency; e-currency; economic democracy; economic direct democracy;
    All these keywords.

    JEL classification:

    • B59 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Other
    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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