Even the most successful players of the game are gradually undermining the core of their own wealth. Capitalism only works if there are enough successful people to be the customers. A market system can only be sustainable when the accounting is through enough to reflect where value comes from, whic…
If information age accounting were complete and honest, as much information as possible would be valued in economic terms. If, however, "raw" information, or information that hasn't yet been routed by those who run the most central computers, isn't valued, then a massive disenfranchisement will tak…
We will float from joy to joy, even the poorest among us living like a sybaritic magician.
An amazing number of people offer an amazing amount of value over networks. But the lion's share of wealth now flows to those who aggregate and route those offerings, rather than those who provide the "raw materials." A new kind of middle class, and a more genuine, growing information economy, coul…