The $100bn Facebook question: Will capitalism survive ‘value abundance’? by Michel Bauwens, Aljazeera: [...] Open-source software, shared innovation and crowd-sourced manufacturing threaten capitalism as we know it. Not only is the world faced with a global resource crisis, it is also facing a crisis of intensive development, because value creators are increasingly income-less. The knowledge economy turns out to be a pipe dream, because what is abundant cannot sustain market dynamics.
Thus we have an exponential rise in the creation of use value, but only a linear increase in the creation of monetary value. Continue reading