Knowledge Meritocracy & Economics : Governance for Sustainable Progress

Abstract

Climate change is one of the biggest threats our civilization and life in our planet as we know it. Our governments have known about this problem for many decades, but have failed to implement any effective solutions to it. On the other hand, our economies seem to be at the service of finances instead of our own wellbeing. Thanks to technology and redesigning governance, today our societies can represent themselves more effectively than any political party will ever be able to. Knowledge Meritocracy provides a paradigm shift in governance to all countries that implement it and these countries will become Progressive Nations. With help of the Civic Network, this system accomplishes resilience in governance by distributing the decision making power from a small number of decision makers to a much larger number of qualified stakeholder citizens. In this interconnected platform, all qualified citizens will have the opportunity to actively participate in making the decisions that will shape the future of our societies. The economic strategy that a nation uses to generate can also be considered as governance. For this reason I decided to propose an economic model that compliments the Distributive Meritocracy that the Progressive Nations implement as their governance system. This economic model is focused on generating social value and it combines the availability of technology, the population and the sustainable infrastructure that governments provide to their citizens, to produce the Living Standards Curve. This curve will determine the rate at which society will progress and the parameters by which this economic model functions, will ensure trans-generational equity and wellbeing.