by jmarshallroberts on January 22, 2012
Money is purely symbolic stuff. It consists of paper, round metal discs and digital numbers in a database which can be passed back and forth between people and organizations. It does not have any intrinsic value and, in fact, derives it’s value completely from implicit social agreements between parties exchanging it.
Value is the stuff of [...]
by jmarshallroberts on September 30, 2009
Material things, like money, diamonds, and fossil fuels are scarce. They derive their value from their scarcity. That is how the laws of the material social world work.
Mental things — like ideas and inspiration are abundant. They derive their value from being shared and strengthened in the minds of other people. This is how the laws of the mental world work.
The real trick for today’s aspiring capitalists is to bridge these two realms — the mental and the material–by first tapping into the limitless abundance of the mental realm, and then harnessing this enthusiasm to inspire real world monetary exchange, in a spirit of trust and generosity.
Let’s face. The days of the zero-sum, top down corporate
