Douglas Rushkoff gave a talk on [Open Source Democracy] as the new Re Naissance - similar to z2008-07-15- Rushkoff Personal Democracy Next Renaissance.

• still rewriting Corporat Ism (done last year, keeps obsoleting)

• 1st book Cyberia cancelled bc publisher thought Internet would be passe in a year

• Internet has just been a tool for business creation and growth

• does today (11/05/2008) change anything?

  • Generation X arrival

    • Barack Obama our first president

    • [Matt Groenig], [Ren And Stimpy], etc.

    • had bad rep but was actually more engaged than previous

    • just rejected [BoBo] legacy, and Advertis Ing stimulus

    • Advertis Ing just skipped them and went on to Generation Y

    • Generation X hero: [Kurt Cobain]

      • tried to make popular music but without being pop star

      • failed: got made into star by his label

    • Doug sad/glad not to be Malcolm Gladwell

  • media breakthroughs

    • beware Technological Determinism

    • but new media can be strong Meta Phor for concurrent CultUre change

  • Credit Crisis2008 is just other-shoe of DotCom [Bubble Burst]

    • too much capital, not enough to do with it(?)

    • we're not comfortable letting [Econom Ic] value get created at the edge

    • established business: Economics Of Scarcity

    • Inter Net: Economics Of Abundance

      • this is more natural, but we haven't done it for 400yrs

• last 400 years

  • Re Naissance

    • we think of it as saving us from Dark Ages

    • really just a deal

      • dying [Aristocra Cy]

      • growing/enriching [Merchant Class]/Bourge Ois

      • both afraid of new entrants

      • solution: [Chartered Corporation]

        • granted Mono Poly

    • late Middle Ages was good time

      • women in England tallest until 1970s

      • Life Expectancy still bad because of disease

      • small towns had wealth

        • built cathedrals with their own funding

        • they had local Curren Cy

          • backed by agriculture output

          • lost value over time: inventory cost, wastage, etc

            • therefore high velocity

            • excess went into cathedrals as TourIsm attraction

    • long-distance Curren Cy needed by corporations for international trade

      • kings made local currency illegal

    • American Revolution really driven by trade rules

      • we weren't allowed to make clothes with the cotton we grew

• end-days of [Hyper Capitalism]

  • more MonEy driven by investment/speculation than real business

    • hmm GDP stats?

  • DotCom was really companies created as investment targets

  • PayPal was going to be free

    • blocked by ____?

  • ran out of people to loan money to

    • George W Bush [Ownership Society]

    • end of [Glass Steagall]

    • kill consumer Bank Ruptcy protection

      • corporations still have it

• Barack Obama

  • campaign very decentralized

  • what about his governing?

    • impossible

      • see June Rushkoff article Beyond Brand Obama

      • central government can't/shouldn't do that

    • but we can do that

      • Obama needs to kill the regulations that make roadblocks

      • we need to find needs to take care of

        • Real World direct Collective Action: not websites where people can take care of needs

        • [Comfort Dollars] LETS link

          • organic restaurant raising money for new location

            • give him $100, get $120 [Comfort Dollars] to spend in restaurant

          • [Hastings On Hudson]

        • Japan [Elder Care Dollars]

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