Many if not most — or even all? — (educated) people have probably heard of supply and demand before — and perhaps also that they are the basic building blocks of free markets. Likewise, many may be familiar with the expression “supply creates its own demand” (which is a sort of shorthand for views expressed… Continue reading Supply, Demand, Natural Language & Free Markets — Some Preliminary Thoughts & Ideas
At this moment in Germany, perhaps the very last “department store” chain is on the verge of bankruptcy. That isn’t very remarkable — unless you consider that the business model is essentially the same as the business model which is replacing it: Amazon is basically a department store. The main advance in technology introduced by… Continue reading Decentralization of Marketplaces
Over the past few weeks, I have asked my readers to come along on rather intellectual exercises. Now I feel the time is right to begin turning our fitness journey towards some practical, “real life” results — basically applications and insights into the way the world actually works (according to my theories 😉 ). Note… Continue reading Some Market Price is Probably More or Less Accurate at Some Moment in Some Marketplace (& Socio BIZ Rule #2)
Over the weekend, I spent an entire day working on what I will present today as Socio BIZ Rule #1 for Social Business — but first let me backtrack a little bit about how I got to this place. If you have been following along with chapters 1-20, then you are already quite up to… Continue reading Social Business Regulation: Introduction & Socio BIZ Rule #1
I want to pick up where we left the discussion at the conclusion of the last chapter … in the next chapter. Here and now I would like to attempt a first approximation of the primary goal of “social business”. Let me point out that I do not “own” this phrase — except and insofar… Continue reading What is the Primary Goal of Social Business?