Parecon. Right now the free market idea is there are only two parties, buyer and seller, to set prices. That's totally flawed, and that's why we inject a 3rd pa

Parecon. Right now the free market idea is there are only two parties, buyer and seller, to set prices. That's totally flawed, and that's why we inject a 3rd party into this process in the form of regulation. But regulation is slow and prone to corruption, and itself rarely accounts for externalities. It's just a guy on a horse asking for his cut, not much different from feudal days. What's needed is an innovation to inject a more reliable 3rd party to deal with externalities, like Amnesty International would be one of many possible such contra parties. Or redistribute 99% of the top 1% wealth, and give it to the bottom x% such that suddenly there's only middle class and better. What that does is poor are no longer so poor that they always have to say yes to getting one more dime, they'd have the option to say no to things like digging in a dangerous mine. That doesn't mean digging in a dangerous mine becomes illegal, it means it becomes expensive, maybe $40 an hour instead of 5 cents a day.