Radical Markets

Radical Markets: Uprooting Capitalism for a Just Society is a 2018 book by E. Glen Weyl and Eric A. Posner that challenges conventional economic thinking by proposing radical reforms to market mechanisms and property rights. The authors argue that modern capitalism has become dominated by monopolies and extractive practices, and they propose novel solutions including quadratic voting (a voting mechanism weighted by intensity of preference), Harberger taxes (self-assessed property taxes), and data as labor. The book combines economic theory, political philosophy, and practical policy design to argue that markets can be restructured to be more competitive, democratic, and equitable. It has influenced discussions in tech policy, economics, and political theory, particularly among technologists and reformist policymakers interested in mechanism design.