Wall Street

The Paragon of Capitalism

by Dan Robles on December 13, 2011

Capitalism is characterized by the condition where individuals acting in their own best interest consequently act in the best interest of society.  By contrast, Socialism is characterized by the condition where individuals acting in the best interest of society consequently act in their own best interest.

Who are the Socialist?

While America espouses a capitalist system of social organization, the jobs that Capitalists create are contained in corporations that operate much closer to the socialist model of community organization.

In a corporation, employees are motivated to act in the best interest of the corporation as a means to assure their own best interest.  Resources allocation is channeled through ministers who are led by a benevolent dictator responding to the priorities of a family of stockholders.  Tasks are segmented into units of equal pay for equal work. There are limited avenues to advancement. People cannot talk freely against their employer. It is acceptable practice to banish some people for the best interest of the collective.

First Amendment To The U.S. Counterintuition

The opposite holds for the OWS movement – some say the occupiers are socialist, however, the jobs that they create are Capitalist.  There is no benevolent dictator or appointed ministers or hierarchy to allocate resources.  Anyone can join and nobody gets sent to the gulag.  Yet, everyone knows what to do like some kind of invisible hand that elevates an ideal.  Most importantly, there are unlimited avenues for advancement.

The movement was peaceful.

Buildings did not fall.  Mothers did not mourn the death of children. There was no volatility induced on the stock markets, the lawyers stayed in their offices, politicians were relatively unscathed. Those protestors who did suffer are now celebrated in the media, culture, art, music, Facebook, etc.  In short, People acting in their own best interest were in fact acting in the best interest of society.

Reoccupy Wall Street

Now that the movement has been dispersed, and the 89% who still have jobs return to occupy their respective corners of Wall Street.  The global narrative has changed for everything from warfare to environmental protection to income equality.

The products that emerge

Already, mobile apps now exceed CD/DVD sales.  Mobile computing devices will replace PCs. Television sales are going down. Many of us now own our last internal combustion automobile. Social Media Applications are mimicking financial instruments with new systems for trade, exchanges, trust, influence, and value creation.  Allocating social capital, creative capital, and intellectual capital rather than the now quaint but hopelessly static notions of land, labor, and fiat capital is producing real value.

Capitalism and socialism are simply two of many different forms of social organization.  People are reorganizing.

Read More

89% Already OWS

by Dan Robles on November 23, 2011

99% of Americans don’t have a game that they can win playing by the rules imposed on them by the other 1%.  But in order to keep this game in play, that 1% utterly depends on the remaining 89% who still have jobs to show up for work and do as they are told. The spectre of the 9% fallen is an incentive, of sorts, to those still walking.

These are the 89 percenters…

…who already occupy Wall Street with their knowledge of systems and processes to implement procedures and methods that support the connections and networks of the remaining 1%.  Without these people in place, the system will fail faster than S&P can calculate a credit score, literally.

The 89% know what each other know

The logistics manager knows whom to call when the packages are late.  The account manager knows all of the customers by name.  The service team knows exactly how to get the computer systems back online.  The loan officer knows where the money is.  But only the 1% know where the knowledge is…and where it isn’t…

Knowledge is money

As RIM recently learned, if the computers go down, all the money in the world will not bring them back.  Most companies have an off-line life span of only a few days or hours before irreparable damage occurs.  Only the right knowledge in the right place at the right time can save the firm.   This is a huge monetary vulnerability.

The Public Knowledge Inventory

I found a great picture of the Occupy Wall Street Library from here.  The great irony is that OWS felt the need to build a Library that represents the ideas that they have between their ears.  What they really need is a “Library” for the knowledge that actually lives, breaths, and acts in the minds of the 99%.  Only then can they deploy the force that they need to move enterprises.

Divide and conquer

As long as Americans are fighting with each other, there is little chance that they will organize their knowledge assets and deploy their knowledge assets in a manner that serves social priorities instead of Wall Street priorities.  This is the big shift that the World is waiting for.  As long as people fear losing their jobs, they will comply with the 1%

What scares them the most?

The greatest fear of any company is to have their key employees poached by a competitor.  Companies have gone out of their way to implement non-poaching agreements between known competitors and NDAs against unknown competitors.  Companies hide key players behind a mountain of bureaucracy, misinformation, and obscure titles and job descriptions in order to hide them from the open market; yet they willingly poach other firms when they can.

The cry of the 99% is income equality.

Let me suggest that OWS consider knowledge equality as a superior alternative.  So instead of the OWS book library, they should form a public knowledge Library.  A public knowledge inventory would make knowledge transparent to all people and all companies equally.

Then Let the Poaching begin

If the 89% were not scared heartless about getting another job, then they would be far more willing to join the movement.  In fact, the MVPs would be the most powerful voice of the movement – the top innovators and visionaries toiling their life away for a company willing to raid their pension fund or drop insurance coverage at the drop of a hat.  Nobody is going to tell them to take a bath – they are the water.

Read More

The Science of Change

October 17, 2011
Thumbnail image for The Science of Change

The key is that we need to change ourselves. We need to transform, not them. We don’t need to occupy Wall Street, we simply need to occupy Main Street because that is where they occupy us.

Read the full article →

Supply and Demand for Knowledge Assets

October 12, 2011
Thumbnail image for Supply and Demand for Knowledge Assets

If we follow the Wall Street accounting model, the supply and demand for knowledge assets are cast against the factors of production; land, labor, and capital. What happens when technology, knowledge and social media replaces land, labor, and capital

Read the full article →

A Better Way To Occupy Wall Street

October 10, 2011
Thumbnail image for A Better Way To Occupy Wall Street

All we need to do is shift the factors of production to something else. We don’t actually need to shift Wall Street, we need to shift ourselves.

Read the full article →

New Economies; May The Best Street Win

September 7, 2011
Thumbnail image for New Economies; May The Best Street Win

For the exact same effect as a Groupon, people can trade options on goods and services while hedging against Wall Street and restoring community Values. Don’t just change the game, just change the street that it is played on….

Read the full article →

Reverse Economics And True Value Social Games

November 11, 2010
Thumbnail image for Reverse Economics And True Value Social Games

With a high velocity and frictionless payment processing system, the economy should be able to operate in “reverse” just as easily – if not better than – it operates in so-called “forward”. Here is why:

Read the full article →

The Social Value Index

November 2, 2010
Thumbnail image for The Social Value Index

The future of money will likely arise from entrepreneurs influencing the social value index with thousands of new business models rather than with some new currency. The ratio between financial currency and social currency may in fact become that “new currency” standard.

Read the full article →

80/20 Rule: The Value of Human Interaction

October 25, 2010
Thumbnail image for 80/20 Rule: The Value of Human Interaction

Viewpoints in this riddle differ based on the perceived definition of money and value. Wall Street would say “Yes”, but Main Street would say “No”. In fact this brings into question the order of how we assign value in our world.

Read the full article →

The Social Value Game

October 19, 2010
Thumbnail image for The Social Value Game

Most applications of game theory are controlled from in-house or deployed against a competitive landscape. The Value Game is deployed external to the corporation and in a cooperative landscape where rewards are given to those who organize people around a “highly leveraged product” in valuable ways.

Read the full article →

Calculus for Dummies and Capitalists

September 20, 2010
Thumbnail image for Calculus for Dummies and Capitalists

everyone already knows Calculus, they solve differential equations all day long – they just don’t know that they already know

Read the full article →

Intellectual Property In the Cloud

August 31, 2010

Wall Street is quite happy collecting the royalties of the creative people in America – those people who actually produce something real and tangible. Social media is a social contract and Intellectual Property is our tangible currency.

Read the full article →

Social Capitalism and The Innovation Bond

August 18, 2010

It follows to reason that all of the innovation that could return somewhere between 10% and 1000% goes largely un-capitalized. Now, suppose that an innovation bond were to come along which produces a risk adjusted return of, say only, 15% per year denominated in a fungible currency, investors would seek refuge in the Innovation Bond.

Read the full article →

What is Social Capitalism?

July 19, 2010

Social Capitalism is where factors of production in an economy are purely human and technological and less structural:. Specifically, social capital, creative capital, and intellectual capital deployed outside the construct of the prevailing corporations or governments.

Read the full article →

Stock Harmony; Exchange of Social Value

July 14, 2010

So this is what makes Stock Harmony interesting. The successful “next currency” will be the one which best represents human productivity.

Read the full article →

Will Social Capitalism Replace Market Capitalism? (Parts 1&2)

June 21, 2010

This video describes a set of predictions for 2020 based on an entirely new form of capitalism whose velocity and voracity will take the world completely by surprise. Nothing is sacred and nobody is immune, not Facebook, not Google, not Wall Street, not even Governance itself….

Read the full article →

Future of Money and Technology Summit; Non-Quantifiable Exchanges

May 8, 2010

Very few discussions about the future of money approach the subject with as much experience, introspection, and clarity as this historic panel has. This is not another doom-gloom room – but a truly optimistic model of a future financial system built on a platform of social media. These panelists represent some of the top thought leaders, visionaries, and practitioners in the area of “Local Social” – where nothing happens until the rubber meets the road.

Read the full article →

Two Sides Of The Social Value Equation

May 7, 2010

There are two sides to the Social Value Equation – the creation of social value and the destruction of social value. There are countless examples where innovation destroys the value of prior technologies. There are also many instances where “progress”, perhaps in the form of a freeway or public structure, divides a community where strong social bonds once acted.

Read the full article →

Facebook Derivatives

May 5, 2010

It seems ironic that people are using Facebook to urge others to quit Facebook. If they take their own advice, they would no longer be able to give their golden advice to others. If we took their advice, we would not be able to heed the advice of others in this matter. Is Facebook too [...]

Read the full article →

The 1:1000 Rule; A Social Currency Imperative

April 22, 2010

The problem arises because our financial system is not able to articulate true value of social currency using a dollar denominated currency so social value remains invisible, not non-existant. Maybe the financial system does not want to articulate social value. After all, dollar denominated currency represents control of social value at a ratio of 1000:1

Read the full article →

Innovation Suicide

April 9, 2010

Any definition is supposed to give the reader enough information to duplicate, recognize, and identify instances of the subject – Preferably before the event has ended. Think about it – if the definition for Innovation were clear, nobody would be asking this question.

Read the full article →

The Brain-Picking Economy

April 8, 2010

[People who ask to pick your brain are either asking you to work for free or they are trying to bypass the very hard work required to build a social network by asking for your referrals].

Read the full article →

Engineers Are Money

April 3, 2010

China and India are producing millions of engineers as part of their global economic dominance strategy. Engineers increase productivity and productivity creates wealth. Why? Because money is only a means for storage and exchange of value and engineers create the value.

Read the full article →