3.D

Resources and Financing

Liquid democracy channels a great deal of human energy into civic decision-making, on a volunteer (unpaid) basis. This human civic energy is mostly untapped today, used only for commentary most of the time. Bringing it to bear on important matters unlocks a new resource at essentially no cost.

One great strength of a global democracy is its ability to raise revenue on a global basis, because the sovereign borders that enable tax havens are eliminated. At least $21 trillion currently hidden in such places will come newly within reach of taxation, both to fund government operations and programs such as education, and for redistribution to reduce inequality.

Taxes can be structured in various ways, some of them socially beneficial, such as a tax on carbon emissions (to mitigate climate change), and a tax on securities trades (to discourage excess financial speculation).

One key resource that must be funded is the distributed computational power to support all the voting on a blockchain. This will be incentivized through a “mining” system, as with Bitcoin and Ethereum today, supported as necessary by tax revenues.

Vast resources are saved by eliminating nearly all military forces, which will no longer be needed once our global democracy phases in and countries phase out.

Index

1 – Abstract
2 – Description of the Model
2.1 – Separate Countries are Failing Us
2.2 – We Need a Global Democracy
2.3 – How is this Possible? Through Two New Technologies
2.4 – Blockchains for Security
2.5 – Critical Success Factors
2.6 – Design
2.7 – Liquid Democracy
2.8 – Deliberation
2.9 – The Right to Information
2.10 – Subsidiarity: Localizing Decisions Whenever Possible
2.11 – Who Frames the Questions?
2.12 – Language Barriers
2.13 – Constitutional Guarantees to Protect Rights
2.14 – Constitutional Court
2.15 – Enforcement
2.16 – Phasing In
2.17 – Can We Really Unify Separate Countries?
2.18 – Worldwide Public Opinion
2.19 – Realistically, How Can We Get There?
3 – Argumentation
3.A – Core Values
3.B – Decision-Making Capacity
3.C – Effectiveness
3.D – Resources and Financing
3.E – Trust and Insight
3.F – Flexibility
3.G – Protection Against the Abuse of Power
3.H – Accountability