12.29.07
Technology as an aid to the creation of collaborative value
“It is risky to use concepts like commons and non-commodified relations to describe a superior
form of economic organization for early-21st century America. It runs into the teeth of the dominant
analytic paradigm, which relies on neoclassical economics to press for the strengthening and extension
of exclusive property rights–the antithesis of a commons—in all aspects of economic life. Yet, the
interest in these phenomena is driven by empirical facts that are impossible to disregard, and risky in
their own right to ignore.” from a Stanford Cyberlaw research report on collaborative economics by Mark Cooper (to get the report you have to scroll down through his blog)
Soft things like the increasing value of collaboration are getting easier to measure because of fundamental principles by which digital information now has to be shared and processed. The technological aspect of the new social value creation is a key element, and will guide the design and prospects for success of any social stock exchange that arises. Cooperation is now a new means of production; there is a lot of interesting thinking going on about how the new medium changes the way we work and makes sharing fundamentally more valuable because digital goods are not scarce and actually increase in value as they are shared.