We have specified a structure for a new economic paradigm by simply integrating the the knowledge economy into the same structure as the financial system. The result is a completely new way for entrepreneurs to create wealth.
Posts Tagged ‘hedge’
The Shift to Social Capitalism
As computer enabled society marches toward social capitalism as a result of overburdened financial institutions, a new generation of social media applications will form to emulate those institutions. Social capital, creative capital, and intellectual capital will increasingly behave like tangible assets.
As an example, this article compares the concept of the financial credit score with an [...]
Social Media; An Alternate Universe of Wealth Creation
The trick is for society to organize itself in a slightly different way – this is where Social Media needs to position itself with the next generation of applications. If so, the business model for social media will become hugely important to an innovation economy – too important to fail.
That Pesky Little problem With Market Capitalism
Technological change must always precede economic growth. We are going about the process of market capitalism as if economic growth can precede technological change. Somewhere along the line we have gotten the cart in front of the mule.
It seems that this situation can be fairly easily corrected – after all, it’s the same cart and [...]
Social Media; the Integrator of the Innovation Economy
Where are the gray suited diplomats holding each others forearms against a world map backdrop vowing to correct the world’s innovation system? Where are the politicians joining across party lines about how to inject 700 billion dollars to fix the nation’s innovation system? When will the Federal Reserve Chairman find the flaw in our national [...]