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Wild Crazy Ideas About the Relationship Between Social Media and Economics

July has been my slowest posting month here since August of 2008. But it’s not from a lack of writing. I was on vacation last week and got a lot of writing done on The Book. Not as much as I would like but still quite a bit. As I have done all along the way, I would love your feedback. I have just posted two posts that make up a pretty major theory of the book and I would like you to tear it apart please.

Is Capitalism Failing Us? Or Are We Failing Capitalism? Capitalism Needs to Get Social.

The Relationship Between Social, Human and Financial Capital

Some of the content will be obviously leveraged from previous posts bit that’s part of the process for me. If you haven’t been following along and the posts don’t make total sense please see a few of the previous posts under The Book category.

Photo by By pasukaru76

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About Tac

Social media anthropologist. Communications strategist. Business model junkie. Chief blogger here at New Comm Biz.

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  • Dan

    Tac;

    Social media is an economy - if it were not, people would not be participating in it - even if they do not explicitly know why. Markets are complex and to articulate them in social media will also be complex. Paradoxically, this complexity - “the institutions” - is necessary in order to make the actual transactions very simple and acceptable to everyone who participates in social capitalism with a social currency…especially entrepreneurs.

    I just posted a video called “The Knowledge Inventory: You can't make a bet without odds”. http://www.youtube.com/watch?v=OCLufY6BV38 It talks about extracting and liberating the knowledge inventory that corporations withhold from society.

    Another video called WIKiD Tools discusses what this Knowledge Inventory would produce to add value. http://www.youtube.com/watch?v=1jCDExxdTAM.

    Next I'll discuss the algorithm. After that, I'll discuss capitalization and securitization of knowledge assets. I'll keep you posted

  • http://www.newcommbiz.com tacanderson

    Great stuff Dan. Thanks.

  • http://www.newcommbiz.com/the-relationship-between-social-human-and-financial-capital/ The Relationship Between Social, Human and Financial Capital | New Comm Biz

    [...] is part one of these two posts. Please see this post for more [...]

  • http://www.newcommbiz.com/is-capitalism-failing-us-or-are-we-failing-capitalism-capitalism-needs-to-get-social/ Is Capitalism Failing Us? Or Are We Failing Capitalism? Capitalism Needs to Get Social. | New Comm Biz

    [...] is part one of two posts. Please see this post for more [...]

  • http://onetribenashville.com/?p=3934 Will social capitalism replace the corporation? ‹ onetribenashville.com

    [...] Wild Crazy Ideas About the Relationship Between Social Media and Economics (newcommbiz.com) [...]

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