Posts Tagged ‘corporation’

What if Everyone Were a Corporation?

A corporation exists in the form of a bits and bytes simulating a folder of papers in a virtual file cabinet. A corporation gets to deduct all of their expenses from their taxes. A corporation can borrow money. Corporation garner social respect. In fact, the cards are stacked in favor of the corporation over the worker. We teach our kids to be good employees, not to become good corporations.

Social Media as a Vetting Mechanism

Where the vetting mechanism fails, the system fails. This has happened in countless instances from the current financial crisis to nearly every product, market, environmental calamity, or political failure in recorded history – the referees who were supposed to keep their eye on the ball, did not. Likewise, where a vetting mechanism is effective, the system is efficient.

5 Social Media Predictions for 2011

The interest coming due on our national debt will consume increasingly more of the money that institutions need to provide basic services. As these institutions weaken, they will increasingly be replaced by social media enterprise. The structurally weakened economy will drive social media innovation more than any other factor.

Diversity in Innovation

Most literature on the subject of Innovation cites diversity as an important component of the innovation enterprise. Unfortunately diversity rides a political narrative rather than practical applications. Polarization is the death of diversity and the political narrative that plagues our country also plagues our ability to innovate.

If it Ain’t A Broker, Don’t Fix it

The promise of the social media in an innovation economy is the vast improvement of information. This has the derivative effect of improving knowledge which, by definition, fuels more innovation. Monetization is easy if we simply improve information between any buyer and any seller in any market, anywhere.