Wednesday, April 6, 2011

#11 Commercial VS. Shared

     Throughout this chapter Lessig makes it very clear the differences between a commercial economy and a shared economy. Both are a large part of today's world and work very well for what they are meant for. A commercial economy is where a type of money, or appropriate currency, is exchanged for a good or a service. A simple example of this would be paying for groceries in a grocery store. A shared economy is where only goods and services are traded and no money is involved in the exchange. An example of this would be two farmers exchanging crops that the other does not grow, both help each other and benefit from the exchange in goods. A sharing economy is based around the idea that people in a community give/exchange goods/servies with others because of a kind of personal benefit that a person gets in helping out others. Money in a sharing economy is unneeded and unnecessary.  Lessig furthers this explanation of a sharing economy by giving two subcategories which are 'thin-sharing economies' and 'thick-sharing economies.'  The difference between the two is basically how much personal benefit will be gained during the contribution or exchange.
     Finally, Lessig argues that as our world is becoming technologically based that there will be a need for a hybrid of the two economies.  Lessig claims that RO and RW cultures will be a large part of our worlds future and will be ruled by the internet.  A good understanding of these two economies and the ability to grasp how they can be fused together will be what it takes for business/personal success in the future.

1 comment:

  1. you kind of hit the "so what" in the last sentence here: A good understanding of these two economies and the ability to grasp how they can be fused together will be what it takes for business/personal success in the future.

    But, you almost covered the "so what" even moreso in Post #10 (even though it wasn't intentional). Remix will likely be decriminalized if there is money to be made off of it. In theory...

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