You cite a great example of central planning gone wrong. They had a creative strategy to run the company and it clearly didn't work.
What if someone could "fork" Sears and have the exact same business, except take things in a different direction (in parallel). Of course, that is impossible since Sears is not a digital product operated by a DAO. However, that is precisely why I claim "DAOs change everything". I lay out what I believe are the necessary conditions for this to work toward the end of the essay.
You cite a great example of central planning gone wrong. They had a creative strategy to run the company and it clearly didn't work.
What if someone could "fork" Sears and have the exact same business, except take things in a different direction (in parallel). Of course, that is impossible since Sears is not a digital product operated by a DAO. However, that is precisely why I claim "DAOs change everything". I lay out what I believe are the necessary conditions for this to work toward the end of the essay.