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Will Peer-to-Peer and Equity Crowdfunding Be Different?

  • Joel Magnuson
Chapter
Part of the Palgrave Insights into Apocalypse Economics book series (PIAE)

Abstract

In the discourse on climate change, resource depletion, and political instability arising from widening inequality, there is a tendency to hitch a happy ending to the stories. There is an unwritten rule that one is not allowed to engage in this discourse unless one has a solution in hand, even if it is completely delusional. Most advocates of social change in America demand a happy ending, particularly one that arises from individual choices and initiatives, technological innovation, and win-win scenarios in which people can simultaneously do good and do well. That is, even the most progressively minded are more likely to get behind a model for change if it includes promises of making money while saving the world through entrepreneurship, shopping strategies, and no real change to already long-established habits and expectations.

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Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Joel Magnuson
    • 1
  1. 1.Independent ResearcherTualatinUSA

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