digital goods have three characteristics that are very different from previous goods. They’re virtually free, perfect and instant. What that means is the cost of making an additional copy of a digital good is basically zero; each copy is an identical, perfect replica of the original; and they can be distributed anywhere in the world […]
Too Much of the Economy is Powerless
” We define market power as “the ability to skew market outcomes in one’s own interest, without creating value or serving the public good.” ECONOMIC INCLUSIONECONOMY & GROWTH By Marshall Steinbaum Today, the Roosevelt Institute released Powerless: How Lax Antitrust and Concentrated Market Power Rig the Economy Against American Workers, Consumers, and Communities, a report I wrote […]
FREE MONEY: THE SURPRISING EFFECTS OF A BASIC INCOME SUPPLIED BY GOVERNMENT
This is an interesting signal related to idea of universal basic income and uses a decades old effort as an exemplar – well worth the read. The casino money made it possible for him to support his young family, but the money his children will receive is potentially life-altering on a different scale. “If you’ve […]
Re-imagining Value: Insights from the Care Economy, Commons, Cyberspace and Nature
A 62 page Deep Dive hosted by Commons Strategies Group in cooperation with the Heinrich Böll Foundation and David Graeber. What is “value” and how shall we protect it? It’s a simple question for which we don’t have a satisfactory answer. For conventional economists and politicians, the answer is simple: value is essentially the same […]
How the Trump regime was manufactured by a war inside the Deep State
A 40 min must read – Illuminating the emerging visibility of the very complex domain of politics – the context within which people must solve global & local problems. President Donald Trump is not fighting a war on the establishment: he’s fighting a war to protect the establishment from itself, and the rest of us. At […]