Comments on: Social Media, Social Capital and the Future of Capitalism http://www.newcommbiz.com/social-media-social-capital-and-the-future-of-capitalism/ Ideas for Social Media Strategists, Business Innovators & Disruptors. Sat, 11 Feb 2012 23:33:00 +0000 hourly 1 By: tacanderson http://www.newcommbiz.com/social-media-social-capital-and-the-future-of-capitalism/comment-page-1/#comment-29774 tacanderson Tue, 29 Jun 2010 02:50:05 +0000 http://www.newcommbiz.com/?p=3474#comment-29774 I think a weekend away helped my place why I can't think of Time as a form of Capital. See coming post :) I think a weekend away helped my place why I can't think of Time as a form of Capital. See coming post :)

]]> By: Antoine Didienne http://www.newcommbiz.com/social-media-social-capital-and-the-future-of-capitalism/comment-page-1/#comment-29772 Antoine Didienne Sun, 27 Jun 2010 02:16:40 +0000 http://www.newcommbiz.com/?p=3474#comment-29772 Social Capital is vital for human interaction and society, but it depends what facet of it you are looking at. I think It depends if you are a follower of gurus such as Richard Stallman, or if you are a Jaron Lanier kind of person.<br><br>I think it is easier (less work) to be a Stallman guy, where you can believe that data (social capital is data) is free to have, exchange, and modify. This means that music, movies, books, software, etc are all free. awesome... Theoretically.<br><br>But without being an alarmist, it seems to me that we are engaging on a very slippery road. Without careful monitoring of our actions of the Internet, the web 2.0 will be paving the way for the disappearance of trust, and creativity. The web rewards online engagement and discussion, but most of all: free work (i.e. Wikipedia, Linux, etc). Yes, we have social capital, and we might be on the verge of changing the economic system that governs our world, but with free labor, how will we provide for our families?<br><br>Moreover, this new system might work for those connected to the network, but of what of the millions who still need to work for a living? Social Capital is vital for human interaction and society, but it depends what facet of it you are looking at. I think It depends if you are a follower of gurus such as Richard Stallman, or if you are a Jaron Lanier kind of person.

I think it is easier (less work) to be a Stallman guy, where you can believe that data (social capital is data) is free to have, exchange, and modify. This means that music, movies, books, software, etc are all free. awesome… Theoretically.

But without being an alarmist, it seems to me that we are engaging on a very slippery road. Without careful monitoring of our actions of the Internet, the web 2.0 will be paving the way for the disappearance of trust, and creativity. The web rewards online engagement and discussion, but most of all: free work (i.e. Wikipedia, Linux, etc). Yes, we have social capital, and we might be on the verge of changing the economic system that governs our world, but with free labor, how will we provide for our families?

Moreover, this new system might work for those connected to the network, but of what of the millions who still need to work for a living?

]]> By: Jill http://www.newcommbiz.com/social-media-social-capital-and-the-future-of-capitalism/comment-page-1/#comment-29770 Jill Sat, 26 Jun 2010 07:45:45 +0000 http://www.newcommbiz.com/?p=3474#comment-29770 I also gave this topic some additional thought, Tac and while I am still confused I thought that I would share some of my thoughts. As we build/develop our social networks/relationships we're (or at least I am) willing to give more time (I know that you said we can't create more of TIME) but we can GIVE more time to things that matter to my network/causes/relationship/etc.. So here I am at 10:30 at night responding to your post (a few days late) and I spend a lot of my time helping to promote Seth Godin's road trip. Why do I do this? Because, I believe in you (& Seth) and it's important to me to give what I can. So, is this measurable? You build trust/knowledge and in turn you EARN my attention (& more of my time). Right? Good luck with all of this....it's a hard one. I also gave this topic some additional thought, Tac and while I am still confused I thought that I would share some of my thoughts. As we build/develop our social networks/relationships we're (or at least I am) willing to give more time (I know that you said we can't create more of TIME) but we can GIVE more time to things that matter to my network/causes/relationship/etc.. So here I am at 10:30 at night responding to your post (a few days late) and I spend a lot of my time helping to promote Seth Godin's road trip. Why do I do this? Because, I believe in you (& Seth) and it's important to me to give what I can. So, is this measurable? You build trust/knowledge and in turn you EARN my attention (& more of my time). Right? Good luck with all of this….it's a hard one.

]]> By: tacanderson http://www.newcommbiz.com/social-media-social-capital-and-the-future-of-capitalism/comment-page-1/#comment-29743 tacanderson Wed, 23 Jun 2010 21:04:05 +0000 http://www.newcommbiz.com/?p=3474#comment-29743 Awesome, thanks Dan. I'll check it out for sure. Awesome, thanks Dan. I'll check it out for sure.

]]> By: Dan http://www.newcommbiz.com/social-media-social-capital-and-the-future-of-capitalism/comment-page-1/#comment-29742 Dan Wed, 23 Jun 2010 18:19:08 +0000 http://www.newcommbiz.com/?p=3474#comment-29742 The Ingenesist Project specifies an alternate economy built on social capitalism. Not what you would expect so please visit <a href="http://Ingenesist.com" rel="nofollow">Ingenesist.com</a> or several videos on YT channel "Ingenesist"<br><br>Their work is influenced by Putnam, Florida, Jacobs, Schumpater, etc - so not a flower child manifesto by any means. <br><br>Yes you can measure it..... The Ingenesist Project specifies an alternate economy built on social capitalism. Not what you would expect so please visit Ingenesist.com or several videos on YT channel “Ingenesist”

Their work is influenced by Putnam, Florida, Jacobs, Schumpater, etc – so not a flower child manifesto by any means.

Yes you can measure it…..

]]> By: Taylor Davidson http://www.newcommbiz.com/social-media-social-capital-and-the-future-of-capitalism/comment-page-1/#comment-29741 Taylor Davidson Wed, 23 Jun 2010 04:28:28 +0000 http://www.newcommbiz.com/?p=3474#comment-29741 We value what we can measure. <br><br>Externalities (unvalued and unaccounted side effects of a decision, both benefits and costs) lead to inefficient decisions. Measuring "social capital" (or, the full social impact of a business decision) is one of the keys for creating a more sustainable economic system.<br><br>How do we do that? That's the fun. And the opportunity :) We value what we can measure.

Externalities (unvalued and unaccounted side effects of a decision, both benefits and costs) lead to inefficient decisions. Measuring “social capital” (or, the full social impact of a business decision) is one of the keys for creating a more sustainable economic system.

How do we do that? That's the fun. And the opportunity :)

]]> By: Mark Essel http://www.newcommbiz.com/social-media-social-capital-and-the-future-of-capitalism/comment-page-1/#comment-29738 Mark Essel Tue, 22 Jun 2010 20:33:45 +0000 http://www.newcommbiz.com/?p=3474#comment-29738 Keep asking yourself the right questions Tac, good read.<br>Imagine a way to convert cash (liquid capital) to social capital and vice versa. Is such a thing even possible, or desirable? Keep asking yourself the right questions Tac, good read.
Imagine a way to convert cash (liquid capital) to social capital and vice versa. Is such a thing even possible, or desirable?

]]> By: jason moriber http://www.newcommbiz.com/social-media-social-capital-and-the-future-of-capitalism/comment-page-1/#comment-29736 jason moriber Mon, 21 Jun 2010 18:38:58 +0000 http://www.newcommbiz.com/?p=3474#comment-29736 Tac,<br><br>Nice! I was working on my reply to your last post and BOOM, you drop this one. I found this quote, though it's rooted to journalism, I think it touches on your take on Social Captial..."In this hybrid era of straddling print and digital publishing, the role of the gatekeeper has markedly morphed. It’s shifted from “us” to “them,” but “them” includes a lowercase version of “us,” too. Gatekeeping is now a collective pursuit; we’ve become our own and each other’s editors."<br><br><a href="http://www.niemanlab.org/2010/06/what-does-the-shift-from-editor-as-gatekeeper-to-a-collective-pursuit-mean-for-the-news-industry/" rel="nofollow">http://www.niemanlab.org/2010/06/what-does-the-...</a><br><br>(more sooner!)<br><br>-J Tac,

Nice! I was working on my reply to your last post and BOOM, you drop this one. I found this quote, though it's rooted to journalism, I think it touches on your take on Social Captial…”In this hybrid era of straddling print and digital publishing, the role of the gatekeeper has markedly morphed. It’s shifted from “us” to “them,” but “them” includes a lowercase version of “us,” too. Gatekeeping is now a collective pursuit; we’ve become our own and each other’s editors.”

http://www.niemanlab.org/2010/06/what-does-the-…

(more sooner!)

-J

]]> By: Tweets that mention Social Media, Social Capital and the Future of Capitalism -- Topsy.com http://www.newcommbiz.com/social-media-social-capital-and-the-future-of-capitalism/comment-page-1/#comment-29731 Tweets that mention Social Media, Social Capital and the Future of Capitalism -- Topsy.com Mon, 21 Jun 2010 02:41:30 +0000 http://www.newcommbiz.com/?p=3474#comment-29731 [...] This post was mentioned on Twitter by Tac Anderson, Craig M. Jamieson, mo' stash, JasKeller, SocialMedio and others. SocialMedio said: Social Media, Social Capital and the Future of Capitalism http://bit.ly/bDTmES [...] [...] This post was mentioned on Twitter by Tac Anderson, Craig M. Jamieson, mo' stash, JasKeller, SocialMedio and others. SocialMedio said: Social Media, Social Capital and the Future of Capitalism http://bit.ly/bDTmES [...]

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