What exactly will people produce in Social Capitalism and from what raw materials?
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The Next Economic Paradigm
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by Dan Robles
What exactly will people produce in Social Capitalism and from what raw materials?
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by Dan Robles
Money is a convenient way to store and exchange value. Unless the world enters into a free trade agreement with Martians, Earth is the physical boundary of all existing value.
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by Dan Robles
In Tara’s book, Whuffie is roughly synonymous with ‘new’ social capital – a hugely complex financial instrument that is currently emerging before the eyes of all practitioners of social media. In 2010, almost everyone still struggles to articulate social capital with a 1999 vocabulary of new conversations living in old financial markets
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by Dan Robles
I am astonished that people willingly and freely give up huge volumes of information about themselves when they really don’t have to. In earlier times, marketers and advertisers would pay a great deal of money for far less information that people give them for free. People do not understand the value that is stored between their ears or how easy it would be to set up an alternate economy that trades in social currencies.
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by Dan Robles
The Ingenesist Project posits that trillions upon trillions of dollars worth of value that is being transferred to social media from a legacy economy stifled by insurmountable debt. These numbers are indeed spectacular because they account for the value “lost”, and most importantly, the calculations provides clues on how to “find” it again.
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by Dan Robles
There is no shortage of entrepreneurs in this world. 6 Billion of them wander the Earth looking for assets that exists at a low state of productivity waiting to be elevated to a higher state of productivity.
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by Dan Robles
In this module, we will discuss the institutions in social media that could keep an Innovation Economy, free, fair, and equitable.
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by Dan Robles
Most companies have an inventory of every nut, bolt, rivet, or panel that they need to build something tangible. In innovation economy, we will need to have an inventory to assemble knowledge assets so that we can build something tangible
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by Dan Robles
Everywhere people are trading information and ideas with each other at an incredible rate. All of this information adds up to something because obviously things get built and stuff rolls off the assembly lines. People act on information obtained from each other to produce things.
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by Dan Robles
[In earlier post we identified the 5 essential elements of a market economy. What would be the currency of an innovation economy? Currency is anything that serves as a medium of exchange, a stored value, and a standard of value. Basically we are asking; What are those things that people are out in the World [...]
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by Dan Robles
Social Network will become the corporate structure of the future. They will spit out start-ups at an astonishing rate.
The “resume system” will be banished forever possibly earning the title of the cruelest human invention since the lobotomy.
The University System will be challenged – the relevance of the college degree will be questioned in an [...]
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by Dan Robles
With a computer readable knowledge inventory, local communities of practice, a percentile search engine algorithm, and the virtuous circle of finance, then future innovation cash flows can be predicted much more accurately and with far lower risk than with, say, the venture capitalists acting alone.
Were risk is predictable, cash flows are predictable and the portfolio [...]
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by Dan Robles
We have set up a new game for entrepreneurs to play called Innovation Economics. We have defined a currency and an inventory where knowledge is visible outside the construct of the corporation – and resident in social networks. We have also described a way for entrepreneurs to visualize the knowledge asset and the supply and [...]
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