Saturday, July 16, 2016

The great value shift of our time

See this article and the video below. An excerpt from the former; please read it for more details.

"Michel Bauwens recently spoke at the Harvard Berkman Center to give his big-picture analysis of the economic and social transition now underway.  The hour-long video of his talk provides a clear explanation for why peer production is flourishing and out-competing conventional business models and markets.  It’s all part of an epochal shift in how value is created, argues Bauwens. Citing major transitions of the past – from nomadic communities to clans; from clans to class-based, pre-capitalist societies; from pre-capitalism to capitalism – Bauwens said, 'We’re in a period of history in which a marginal system of value is moving to the center of value-creation.'”

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