This system doesn’t seem to weigh in money. We use money as a general stand-in for societal debt/value, and so richer people should be given some preference in resource allocation schemes, otherwise the whole concept of money will become meaningless and people will just start accruing political power instead of a defanged currency.
It also looks impossible for our current competence. You should probably think of much smaller markets for which this strategy might work first. We have nothing currently like this. The nearest things are democratic elections which suck, and we use them because we have nothing better. Heck, the current housing market is strongly limited by government regulation; What makes you think the political institutions wouldn’t mess up this voting system even worse? (E.g., they can give preference to certain needs, such as medical facilities. This will allow the system to essentially change the allocations at will by micromanaging the priorities.)
This system doesn’t seem to weigh in money. We use money as a general stand-in for societal debt/value, and so richer people should be given some preference in resource allocation schemes, otherwise the whole concept of money will become meaningless and people will just start accruing political power instead of a defanged currency.
It also looks impossible for our current competence. You should probably think of much smaller markets for which this strategy might work first. We have nothing currently like this. The nearest things are democratic elections which suck, and we use them because we have nothing better. Heck, the current housing market is strongly limited by government regulation; What makes you think the political institutions wouldn’t mess up this voting system even worse? (E.g., they can give preference to certain needs, such as medical facilities. This will allow the system to essentially change the allocations at will by micromanaging the priorities.)