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The Wealth of Networks (2006) by Mind Map: The Wealth of Networks (2006)
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The Wealth of Networks (2006)

Chapter 1: Opportunities and Challenges

Four Methodological Comments

1. Technological determinism (NOT!)

2. Economic Analysis & Methodological Individualism

3. Economic Structure in Liberal Political Theory

4. Whiter the State?

Critical Culture & Networked Social Relations

emergence of critical, self-reflective culture

1. makes culture more transparent

2. makes culture more mallable

the new folk culture

strengthening strong ties

longer range and more diverse weak ties

Justice and Human Development

peer production allows for economic opportunity and human development

creates avenues to address and construct basic requirements

finished good = better opportunities e.g. OLPC

Democracy: The Networked Public Sphere

Public Spheres: From mass-mediated to networked

1st Gen Critique: Babel Objection

2nd Gen Critique: Power Law online

Failure of $$$ mass media for public discourse

Enhanced Autonomy

1. individuals can do more by themselves

2. do more in loose commonality with others

3. do more for non-market organizations

Liberal, Democratic Societies

Individual freedom

genuinely participatory politics

critical culture

social justice

Unlimited potential vs. productive systems

Observations of Emerging Information Production System

1. Non-material = non-proprietary, non-market production

2. Aggregation of unconscious information goods

3. Peer production of info, knowledge, culture

e.g. open-source Linux, Wikipedia, SETI@Home

"Networked Information Economy"

1. New economy

2. Cheap, powerful, networked processors

traditional communications technology



The Wealth of Nations by Adam Smith (1776)

Themes: Invisible Hand Meritocracy

A Theory of Justice by John Rawls (1971)

The Rise of the Network Society by Castells (1996)

Coarse's Penguin by Benkler (2002)

Sharing Nicely by Benkler (2004)

Democratizing Innovation by Eric Von Hippel (2005)




Peer Production


Human Ethics

Information Economy

Individualism = The New Collectivism ?







Export to World


Open Source ain't what it used to be

Open source ain't what it used to be

Battle over Institutional Ecology of Digital Environment

Elements of free vs. proprietary

Trust: traditional fixed vs. new unlimited

Property: institutional component of markets

Contracts: institutional element of liberal societies

Commons: institutional component of freedom of action

e.g. Spectrum Commons, DMCA, P2P

Part One: The Networked Information Economy

1. Outputs of Advanced Information Economy = human meaning & communication

2. Basic physical capital required = connected PC