Tag Archives | economics

2006: The Tipping Point?

If 9/11/2001 was the catalyst for the end-game of Western Civilization, 11/2/2006 could arguably be considered the tipping point, when the transformation became both obvious and inevitable.  For the first time in a generation, political spending on television had little to no impact on electoral results.  The masses couldn’t be scared, intimidated, or lied into […]

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Principles of The New Deal

Given what we know about the needs of artists, the demands of the market, and the nature of our networked society, we can easily imagine deals that work to the mutual benefit of all involved, fairly compensating everyone for their contributions in a timely and appropriate manner.  Other disciplines and industries have found great profit […]

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Defining the Post-Modern Media Label

Just because there are no smart, modern recording labels, doesn’t mean we don’t know what one looks like.  First and foremost, a successful label requires expertise in selling music, and some objective means of connecting artists to fans.  To this end, the label must know who the leaders are in every aspect of retail sales, […]

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Flexibility and Compensation in the Network/Data Age

Lets start with the obvious, easy changes afforded by a wired economy.  Many people have no reason to perform their job from a desk at headquarters.  Phone and cable service costs less to your home than your desk at work.  Most people already have one or both, and would be happy to pass on those […]

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Why We’re Letting Go

As we’ve already made clear, our economy is now network-driven, and since bits are increasingly as valuable as atoms, one’s capacity to generate or deliver bits establishes one’s net “info-worth”.  The best bits (i.e. bits with inherent value) are still those made the old-fashioned way: some human being must create them.  Setting aside differences of […]

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Microeconomic Shift: Reinventing the Workplace

After the terrorist attacks of 9/11/2001 it’s curious that so many American jobs have moved overseas, while US corporations seem only interested in service jobs, like retail and data centers.  Large concentrations of people mean large targets, and larger liabilities.  Yet these represent the kinds of jobs being created today.  The off-shoring of jobs is […]

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The Data Economy

While we have spent a lot of time discussing new media, we’ve devoted relatively little to it’s interface with the new networked information economy.  As in design, data is reshaping the flow of value and money.  The most radical notion: the most valuable things are those which cost the least!  Ubiquity, not scarcity, is a […]

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