{"id":222,"date":"2004-08-11T17:10:19","date_gmt":"2004-08-12T00:10:19","guid":{"rendered":"http:\/\/www.smallchangenews.org\/wordpress\/?p=222"},"modified":"2004-08-11T17:10:19","modified_gmt":"2004-08-12T00:10:19","slug":"oh-my-markets","status":"publish","type":"post","link":"https:\/\/www.michaelherman.com\/wordpress\/archives\/2004\/08\/11\/oh-my-markets\/","title":{"rendered":"Oh my, Markets!"},"content":{"rendered":"<p><!--109226305921166865--><\/p>\n<p>Tech guru Howard Rheingold recently spoke with Robert D. Hof, BusinessWeek&#8217;s Silicon Valley bureau chief&#8230;  <\/p>\n<blockquote><p>Q: Where do you see the social revolution you&#8217;ve been talking about going next?<br \/>A: It&#8217;s too early to say. The question is: What does it point toward? Some kind of collective action&#8230;in which the individuals aren&#8217;t consciously cooperating. A market is a great example as a mechanism for determining price based on demand. People aren&#8217;t saying, &#8220;I&#8217;m contributing to the market,&#8221; [they say they&#8217;re] just selling something. But it adds up.<\/p>\n<p>Q: Can you give me some specific examples of what you mean, beyond the market?<br \/>A: Google is based on the emergent choices of people who link. Nobody is really thinking, &#8220;I&#8217;m now contributing to Google&#8217;s page rank.&#8221; What they&#8217;re thinking is, &#8220;This link is something my readers would really be interested in.&#8221; They&#8217;re making an individual judgment that, in the aggregate, turns out to be a pretty good indicator of what&#8217;s the best source.<\/p>\n<p>&#8230;more at <a href=\"http:\/\/english.ohmynews.com\/TALK_BACK\/bbs_view.asp?ba_code=63&#038;bb_code=171293\">OhmyNews<\/a><\/p><\/blockquote>\n<p>As markets are at the center of the <a href=\"http:\/\/www.globalchicago.net\/wiki\/wiki.cgi?OpenSpaceTech\">Open Space Technology<\/a> and <a href=\"http:\/\/www.globalchicago.net\/wiki\/wiki.cgi?InvitingOrganizationEmerges\">Inviting Organization<\/a> stories I&#8217;ve been telling for some time now, I&#8217;m looking for Rheingold&#8217;s <span style=\"font-style:italic;\">Smart Mobs.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tech guru Howard Rheingold recently spoke with Robert D. Hof, BusinessWeek&#8217;s Silicon Valley bureau chief&#8230; Q: Where do you see the social revolution you&#8217;ve been talking about going next?A: It&#8217;s too early to say. The question is: What does it point toward? Some kind of collective action&#8230;in which the individuals aren&#8217;t consciously cooperating. A market &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.michaelherman.com\/wordpress\/archives\/2004\/08\/11\/oh-my-markets\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Oh my, Markets!&#8221;<\/span><\/a><\/p>\n","protected":false},"author":88889,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[52],"class_list":["post-222","post","type-post","status-publish","format-standard","hentry","category-miscellany","tag-miscellany"],"_links":{"self":[{"href":"https:\/\/www.michaelherman.com\/wordpress\/wp-json\/wp\/v2\/posts\/222"}],"collection":[{"href":"https:\/\/www.michaelherman.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.michaelherman.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.michaelherman.com\/wordpress\/wp-json\/wp\/v2\/users\/88889"}],"replies":[{"embeddable":true,"href":"https:\/\/www.michaelherman.com\/wordpress\/wp-json\/wp\/v2\/comments?post=222"}],"version-history":[{"count":0,"href":"https:\/\/www.michaelherman.com\/wordpress\/wp-json\/wp\/v2\/posts\/222\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.michaelherman.com\/wordpress\/wp-json\/wp\/v2\/media?parent=222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.michaelherman.com\/wordpress\/wp-json\/wp\/v2\/categories?post=222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.michaelherman.com\/wordpress\/wp-json\/wp\/v2\/tags?post=222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}