Economic theory from Glen Weyl on superlinear returns to scale has influenced a shift away from strict property rights toward openness, strengthening the rationale for adopting copyleft
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The third factor driving Buterin’s shift is rooted in economic theory. Drawing on ideas from radical markets economist Glen Weyl, he argued that in industries with superlinear returns to scale, strict property rights lead to a concentration of power.
Third, Glen Weyl-style economic arguments have convinced me that, in the presence of superlinear returns to scale, the optimal policy is actually NOT Rothbard/Mises-style strict property rights. Rather, the optimal policy does involve some nonzero amount of more actively pushing projects to be more open than they otherwise would be.
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