Interest misalignment is a core component of society’s systematic inequality. Blockchain networks offer a new incentive structure that can better align interests in which “employees” and “shareholders” are one-in-the-same. This better interest alignment could be a solution to today’s inequality.

In our modern capitalist economy, parties can be broadly categorized into three buckets: managers, employees, and shareholders. Each of these groups have fundamentally contradictory interests. Shareholders want to reduce employee and manager income to maximize profit. Lower incomes and fewer benefits can mean more corporate earnings and higher returns for shareholders. According to the Economic Policy Institute, while productivity has…

Alex Witt

Finance @ cLabs, shaping Celo

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