“How to Govern the New Digital Domain” (Project Syndicate)
Oscar Jonsson and Taylor Owen
October 20, 2020
Image: Project Syndicate
In an increasingly digital political and social terrain, tangible assets are being traded for digital assets in the form of data, algorithms, and intellectual property. But, as Centre Director Taylor Owen and Oscar Jonsson point out, “[o]ur global governance system was built for the tangible world, and governments have been far too slow to adapt laws and regulations to build an equitable digital economy.”
They outline three policy responses for governments to carry out to mitigate the inequities of the digital economy:
Create new global governance models for the digital economy.
Create new economic governance models.
Create a new social contract to end the social fracture and polarization of politics.
