I've been rather listlessly reading the news aggregator tonight and found some that needed attention and few that I actually wanted to comment on. The theme of the most interesting items seemed to be on economics and politics: two subjects I don't feel like arguing about tonight.
What there is of interest come from Arts and Farces (follow the links to read the original essay about the new economy by John Robb.
John Robb on the new economy.
John Robb, president of UserLand Software—the company that makes the software on which ARTS & FARCES internet runs—has published two interesting and insightful essays about the new economy enabled by the Internet: “The New Economy” and “The New Economy II.” His basic premise is that improved information flow—mostly due to the Internet—has reversed the power relationship between individuals and corporations. While that may be happening, it is premature to claim it has happened.
Robb is generally on the mark with these essays when he states that the new economy isn’t the new economy that corporate America expected. It’s surely dawned on just about everyone with enough eye-hand coordination to wield a mouse that the Internet isn’t a new market, nor strictly a new medium in the most traditional sense.
While agreeing with most of Robb’s comments, I take issue with two of his points: that “wages are up and increasing” and that the market is “merely an abstraction of the wealth creation process.”
Read more.... [ARTS & FARCES internet]
1:36:27 AM
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