Economy Circle


Economy Circle

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Discussion


Join the discussion on complexity and economics in our Slack workspace.fusion-builder-column-37 .hover-type-liftup:before{border-radius:4px 4px 4px 4px;;}



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Members


See all individual and organizational members of this circle.fusion-builder-column-38 .hover-type-liftup:before{border-radius:4px 4px 4px 4px;;}



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Organizors


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The Industrial Economy

During the past decades, we have begun in very significant ways the transition from an industrial economy to an information networked economy. With current developments we are moving in a very concrete way into the Information and Knowledge Age, an idea that has to date been mostly an academic and theoretical concept is rapidly becoming a reality and this transformation is reshaping all areas of society, economy, and technology infrastructure. The complexity of this environment goes beyond the capacities of the systems of organization that we developed during the industrial era, rendering these centralized systems inert and stalling.

The Information Economy

The next generation of web technologies allows for radical innovation in the foundation of our economic systems of organization. This opens up the debate surrounding how we defined and exchange value, how we coordinate production and orchestrate capabilities within society. Supported by decentralized technologies people can now set up their own networks for value creation and exchange independent of traditional centralized organizations. What we see is that this technology is really the tool for moving the global economy to become mediated directly through distributed internet protocols and algorithms. The distributed Web that enables peer-to-peer secure automated exchanges of value will be a key component in merging internet networks with economic organization, as the flow of information and economic value becomes closer to being one and this flows become channeled in new ways through information networks.

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Systems Innovation

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