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The Future of Economics?

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current event by NomadSoul on 19 June 2008, tagged as economics, open source, wikipedia, collaboration, social change, and file sharing

A July 2005 lecture, recently posted on YouTube from the TED talks, discusses the future of economics and society in general in a world where the power of the web is putting the means of production in the hands of more people than ever before.

From the YouTube description: "Law professor Yochai Benkler explains how collaborative projects like Wikipedia and Linux represent the next stage of human organization. By disrupting traditional economic production, copyright law and established competition, they're paving the way for a new set of economic laws, where empowered individuals are put on a level playing field with industry giants."

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