The Evolutionarily Stable Strategy

A strategy is evolutionarily stable when, once common, no rare alternative can invade it. Representative democracy has passed that test for two and a half centuries. The claim of this course is that an Ownership Society is the next stable mutation of it.

• —Define an ESS and apply the invadability test.
• —Explain why command economies were invadable from within.
• —State the Ownership Society claim in ESS terms.