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The Next Democracy

Reimagining How We Govern Ourselves Through the Power of Data and Markets

Erdem Ovacik (Donkey Republic)

$49.95

Hardback

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English
John Wiley & Sons Inc
27 June 2025
Explore why we feel stuck with our democracies, and radical new visions for governing ourselves and the planet

In The Next Democracy, social entrepreneur and Founder of Donkey Republic, Erdem Ovacik, delivers a startlingly insightful discussion of a new collective governance model based on markets and data that can improve our wellbeing as individuals, and as a society.

The author explains how we can develop the next generation of government that is data-driven, iterative, transparent, and that we decentrally and directly make laws online using prediction markets and delegate voting.

Using same principles of data and market, the author also explores delivery of public goods, where we link products and services' externalities to measurable metrics we collectively care about altering business models, and removing the dichotomy of consumerism and public service.

You'll explore how we can assign real value to our public goods, changing the way we think about valuation and budgets for public spending. Filled with case studies, illustrations, new governance models and frameworks, and key takeaways and summaries of each chapter, you'll also find:

A comprehensive explainer of the challenges caused by a collective inability to protect and deliver public goods Discussions of how to develop transparent, decentralized institutions that align private and collective interests to deliver public goods using markets and data An exploration of “Merit Democracy,” a radically new form of democracy

Perfect for citizens who seek fresh visions for democracy, and young professionals and impact entrepreneurs who want to work towards creating impact. The Next Democracy is also a must-read for those who seek change through their investments to see the role they can play for a clear vision for a world we can all happily live in.
By:  
Imprint:   John Wiley & Sons Inc
Country of Publication:   United States
Dimensions:   Height: 234mm,  Width: 158mm,  Spine: 28mm
Weight:   499g
ISBN:   9781394315383
ISBN 10:   1394315384
Pages:   304
Publication Date:  
Audience:   General/trade ,  ELT Advanced
Format:   Hardback
Publisher's Status:   Active

ERDEM OVACIK is the Co-founder of Donkey Republic, the world’s first app-based bike share. He is a vocal advocate for more sustainable mobility. Ovacik holds a master’s degree in public policy and is a social entrepreneur on a mission to bring humanity onto a path of sustainable growth. He has worked with direct democracy initiatives, outcome-based payment schemes, and micro-loan organizations in Africa.

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