Monopoly Redesign: High Finance Edition

Studio 360 Redesign

Friday, April 22, 2011

Free parking is a thing of the past. And Atlantic City no longer has much cachet in the eyes of real estate moguls; even the Miss America pageant moved to Vegas back in 2006. Capitalism and real estate have changed a lot since the board game Monopoly was first sold by Parker Brothers in the 1930s. So Studio 360 is giving the classic game an overhaul.

We're assembling a top-notch team of advisers for our Monopoly redesign. This week Kurt Andersen called finance expert William Cohan to find out how to make the rules of the game more representative of capitalism in the 21st century. Cohan is a former investment banker and the author of Money and Power: How Goldman Sachs Came to Rule the World. He's also written about the collapse of Bear Stearns, so his suggestions shouldn't be too surprising. His version of Monopoly would have government bailouts, leveraged holdings, and a bank with vested interests.

We'll send Cohan's suggestions to game design guru Brenda Brathwaite, who's creating our new-and-improved (if unofficial) Monopoly. We need your suggestions too. Let us know how you would redesign Monopoly by May 3.

 

 

Bonus Track: Kurt Andersen's full conversation with William Cohan

 

Should Atlantic City's Boardwalk be the most valuable property in a 21st-century Monopoly?
(Rich Brooks/flickr)

    Music Playlist
  1. Under the Boardwalk
    Artist: The Rolling Stones
    Album: 12 X 5
    Label: Abkco
    Purchase: Amazon
  2. Monopoly Money
    Artist: Random Item Songs
    Album: V-SO Hott

Guests:

William Cohan

Produced by:

Michael Guerriero

Comments [2]

Earthkeeper from easthampton, MA

Gee, we redesigned Monopoly in the 60s in Berkeley, and everyone had a great time. In addition to some money in Free Parking, we would place a lovingly rolled joint. When someone hit free parking, it was light up time, and everyone was a winner! After a couple of times... well we actually would never finish the game, but no one cared.... so much for capitalism in the old days.

Apr. 23 2011 05:25 PM
Isaiah John from Saint Louis, MO

With regards to the bailout, it may be important to include a "Last Chance" deck that includes options like government help to, who knows, rolling a die to see if the player's insurance scam of burning down a property works. And to allow for more uses of land that have different effects, and let some of them be detrimental, i.e., setting up a factory gains you a steady income that doesn't demand other players landing, "and" it severely reduced the value of its neighbor properties, unless they are industrial, too, so you can ruin someone's burgeoning loft or hotel district with a big old factory. By making land values the basis of rent, and letting those land values be affected by how the surrounding land is used, could make the game more interactive and cutthroat. And, perhaps, allow for players to invest in one another's ventures, or even "take over" them.

Apr. 23 2011 03:15 PM

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