Crowdfunding and co-op capitalism and social collaboration movements

Noreena Hertz writes about co-op capitalism: a new economic model from the carnage of the old (download here) She calls the current system Gucci capitalism – which overvalues status and undervalues equity. We are only interested in maximising our income and owning status brands and are willing to go into debt to buy status items. … Continue reading

Wikinomics – Crowdfunding as collective collaboration

Consider this definition Crowdfunding is the collective¬†cooperation by people who network and pool their money together to make a venture happen Crowdfunding is different to other widespread online donation or investment models (e.g. Just Giving or online share sites) because of the collective collaboration model. Traditional fundraising does not necessarily rely on collaboration between donor … Continue reading