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- Oct 2020
For all systems of structural incentive, the incentive of any actor (individual or group), must be rigorously aligned with the well-being of all other agents in the system and of the commons writ large. Ie, all externalities must be internalized – all the consequences of activity within the system must be included in the system’s accounting.
This is a bit "I want a million dollars"
You can write this down and the devil is in how to implement it.