Monday, 28 July 2003

Markets and Antimarkets

Abe Burmeister, on the Emergent democracy list, points to an interesting 1996 essay by Manuel DeLanda
called Markets and Antimarkets in the World Economy.
It reminds me a bit of my father's 1985 Two Kinds of Order paper.

Delanda talks of how bottom-up emergent meshwork markets compete with top-down hierarchic anti-markets, discusses historic exmples, and ends on this note:
Computers, in the form of embedded intelligence in the buildings that house small firms, can aid this catalytic process, allowing the firm's members to reach some measure of self-organization. Although these efforts are in their infancy, they may one day play a crucial role in adding some heterogeneity to a world-economy that's becoming increasingly homogenized.

As David Weinberger succinctly put it -'Hyperlinks subvert hierarchy'

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