Liquid democraty
Decentralized decision-making system
Delegative democracy, also known as liquid democracy, is a form of democratic control whereby an electorate vests voting power in delegates rather than in representatives. The term is a generic description of either already-existing or proposed popular-control apparatuses.
Proxy voting is a form of voting whereby some members of a decision-making body may delegate their voting power to other members of the same body to vote in their absence, and/or to select additional representatives. A person so designated is called a "proxy" and the person designating him or her is called a "principal". Proxy appointments can be used to form a voting bloc that can exercise greater influence in deliberations or negotiations. Proxy voting is a particularly important practice with respect to corporations; in the United States, investment advisers often vote proxies on behalf of their client accounts.
Publications
Delegative democracy: democracy is the best of the 21st century
Delegative democracy - voting is an effective model for collective decision-making in large communities. It combines the advantages of direct and representative democracy, representing a truly democratic voting system, which allows people to vote on a particular issue or directly transmit your voice trustee. Read more...