Social revolution. What’s, how’s and why’s.

August 17, 2008

The way people behave themselves in Internet clearly illustrates that they are willing to collaborate, even driven by non-financial motivations only. What impact on the economy could it have, if any?

People are natively good at working in groups. The lowering of transaction costs as the main amplifier of group communications not only helps people act together but also makes them realize the power they have. Would it lead to unlimited and unreasonable attempts to “change the World” by smaller groups of people?

Nowadays, a single person with a laptop or a cell phone can spark huge movement (like the one for Airlines Passengers’ Bill of Rights) that can go far beyond the most optimistic expectations. Who would take the responsibility if something goes wrong?


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