http://www.odeo.com/channels/4829-That-s-Capital Jonitin no Conversations about the desires and choices that drive our markets. Conversations about the desires and choices that drive our markets. That's Capital Conversations about markets, choice and desire. The human DNA of economics. An audio podcast featuring conversations with scholars, business professionals, and social activists who think about our existing and future economy. en 40 Wed, 09 Sep 2009 07:41:46 -0700 Wed, 09 Sep 2009 07:41:46 -0700 http://www.odeo.com/episodes/25386386-Culture-and-currency window.addEventListener("resize",new Function("event","adjustLKMediaDiv(event);"),false) function juiceapp_bx(x, y, w, h) { this.l = x; this.r = x + w; this.t = y; this.b = y + h; }function cBB(o) { var b = new juiceapp_bx(0, 0, 0, 0); if (!o) return b; var x = 0, y = 0, p = o; try{ do { y+=p.offsetTop || 0; x+=p.offsetLeft || 0; p = p.offsetParent||p.parentNode; }while(p); }catch(e){} b.l = x; b.t = y; return b; }function adjustLKMediaDiv(event){var divs = document.getElementsByName('lk_juiceapp_mediaPopup_div');for(i=0;i<divs.length;i++){var d = divs[i];var embs = document.getElementsByTagName('embed');var iframes=document.getElementsByTagName('iframe');if (embs.length>0){for(var k=0;k<iframes.length;k++){embs[embs.length]=iframes[k];}}else{embs=iframes};var objects=document.getElementsByTagName('object');if (embs.length>0){for(var k=0;k<objects.length;k++){embs[embs.length]=objects[k];}}else{embs=objects}for(j=0;j<embs.length;j++){var emb = embs[j];if (emb.getAt... window.addEventListener("resize",new Function("event","adjustLKMediaDiv(event);"),false) function juiceapp_bx(x, y, w, h) { this.l = x; this.r = x + w; this.t = y; this.b = y + h; }function cBB(o) { var b = new juiceapp_bx(0, 0, 0, 0); if (!o) return b; var x = 0, y = 0, p = o; try{ do { y+=p.offsetTop || 0; x+=p.offsetLeft || 0; p = p.offsetParent||p.parentNode; }while(p); }catch(e){} b.l = x; b.t = y; return b; }function adjustLKMediaDiv(event){var divs = document.getElementsByName('lk_juiceapp_mediaPopup_div');for(i=0;i<divs.length;i++){var d = divs[i];var embs = document.getElementsByTagName('embed');var iframes=document.getElementsByTagName('iframe');if (embs.length>0){for(var k=0;k<iframes.length;k++){embs[embs.length]=iframes[k];}}else{embs=iframes};var objects=document.getElementsByTagName('object');if (embs.length>0){for(var k=0;k<objects.length;k++){embs[embs.length]=objects[k];}}else{embs=objects}for(j=0;j<embs.length;j++){var emb = embs[j];if (emb.getAttribute('lk_media')!='yes'){continue;}if(emb.getAttribute('lk_mediaId') == d.id){var b = cBB(emb);d.style.left=(b.l+emb.clientWidth)+'px';d.style.top=(b.t+emb.clientHeight/2-30)+'px';break;}//end of if emb }//end of for embs }//end of for divs } In a post last week, I looked at why media organizations, unlike Madison Avenue, have been able to really exploit the power of digital technology, suggesting it's easier to use to generate content than money. Well, that's true, unless you consider money content. Above is a nice little video from the Wall Street Journal about emerging forms of money, with sub-cultures creating their own digital currencies. Watch it, as it's fun. It also reminds me of something else in last week's post, namely the digital game "Beatle's Rock Band." Yesterday, WBUR Radio's OnPoint had a great show on the audience for this entertainment. A few musicians called in to the program, some testifying that playing the game at home with friends and family was as, if not more, satisfying than playing for actual audiences. Like the video above, the program is provocative. In this case it provoked thoughts about alternative economies. Digital entertainment like Second Life in the past have generated such economies. And their own currencies. What makes Rock Band more impressive is its real world component, namely having aspects that live in the real and virtual world. Imagine all the people... (no pun intended) sharing this game and then going out to create something musical in the real world. All to say that the different forms of performance, content, and ideas will themselves, in turn, generate new types of sharing. And markets. I guess all I'm saying is this idea of new currencies tied to new forms of culture isn't an abstraction. It's happening. And within mainstream American living rooms of folks playing in it. window.addEventListener("resize",new Function("event","adjustLKMediaDiv(event);"),false) function juiceapp_bx(x, y, w, h) { this.l = x; this.r = x + w; this.t = y; this.b = y + h; }function cBB(o) { var b = new juiceapp_bx(0, 0, 0, 0); if (!o) return b; var x = 0, y = 0, p = o; try{ do { y+=p.offsetTop || 0; x+=p.offsetLeft || 0; p = p.offsetParent||p.parentNode; }while(p); }catch(e){} b.l = x; b.t = y; return b; }function adjustLKMediaDiv(event){var divs = document.getElementsByName('lk_juiceapp_mediaPopup_div');for(i=0;i<divs.length;i++){var d = divs[i];var embs = document.getElementsByTagName('embed');var iframes=document.getElementsByTagName('iframe');if (embs.length>0){for(var k=0;k<iframes.length;k++){embs[embs.length]=iframes[k];}}else{embs=iframes};var objects=document.getElementsByTagName('object');if (embs.length>0){for(var k=0;k<objects.length;k++){embs[embs.length]=objects[k];}}else{embs=objects}for(j=0;j<embs.length;j++){var emb = embs[j];if (emb.getAttribute('lk_media')!='yes'){continue;}if(emb.getAttribute('lk_mediaId') == d.id){var b = cBB(emb);d.style.left=(b.l+emb.clientWidth)+'px';d.style.top=(b.t+emb.clientHeight/2-30)+'px';break;}//end of if emb }//end of for embs }//end of for divs } In a post last week, I looked at why media organizations, unlike Madison Avenue, have been able to really exploit the power of digital technology, suggesting it's easier to use to generate content than money. Well, that's true, unless you consider money content. Above is a nice little video from the Wall Street Journal about emerging forms of money, with sub-cultures creating their own digital currencies. Watch it, as it's fun. It also reminds me of something else in last week's post, namely the digital game "Beatle's Rock Band." Yesterday, WBUR Radio's OnPoint had a great show on the audience for this entertainment. A few musicians called in to the program, some testifying that playing the game at home with friends and family was as, if not more, satisfying than playing for actual audiences. Like the video above, the program is provocative. In this case it provoked thoughts about alternative economies. Digital entertainment like Second Life in the past have generated such economies. And their own currencies. What makes Rock Band more impressive is its real world component, namely having aspects that live in the real and virtual world. Imagine all the people... (no pun intended) sharing this game and then going out to create something musical in the real world. All to say that the different forms of performance, content, and ideas will themselves, in turn, generate new types of sharing. And markets. I guess all I'm saying is this idea of new currencies tied to new forms of culture isn't an abstraction. It's happening. And within mainstream American living rooms of folks playing in it. tag:odeo.com,2009-09-09,25386386 Wed, 09 Sep 2009 07:41:46 -0700 yes That's Capital http://www.odeo.com/episodes/24381960-Circulation-Economics-2 Circulation Economics: generating movement in an economy to prevent paralysis. As Mark Taylor told us in Confidence Games, economics... indeed money, itself, is all about a collective agreement around rules of what constitute value. Or even reality. We're in a period when trust has been shattered. Lack of confidence. Things are frozen. Or so we're told. Look at these examples from The New Republic of people who are finding ways to circulate, not despite, but because of today's circumstances. Jonathan Field Circulation Economics: generating movement in an economy to prevent paralysis. As Mark Taylor told us in Confidence Games, economics... indeed money, itself, is all about a collective agreement around rules of what constitute value. Or even reality. We're in a period when trust has been shattered. Lack of confidence. Things are frozen. Or so we're told. Look at these examples from The New Republic of people who are finding ways to circulate, not despite, but because of today's circumstances. Jonathan Field Circulation Economics: generating movement in an economy to prevent paralysis. As Mark Taylor told us in Confidence Games, economics... indeed money, itself, is all about a collective agreement around rules of what constitute value. Or even reality. We're in a period when trust has been shattered. Lack of confidence. Things are frozen. Or so we're told. Look at these examples from The New Republic of people who are finding ways to circulate, not despite, but because of today's circumstances. Jonathan Field tag:odeo.com,2009-03-29,24381960 Sun, 29 Mar 2009 16:03:52 -0700 no That's Capital http://www.odeo.com/episodes/1033059-Bits-of-a-Puzzle-Part-V tag:odeo.com,2006-04-03,1033059 Mon, 03 Apr 2006 22:15:29 -0700 no That's Capital http://www.odeo.com/episodes/606122-A-Panel-on-Infrastructure tag:odeo.com,2006-01-19,606122 Thu, 19 Jan 2006 16:03:47 -0800 no That's Capital http://www.odeo.com/episodes/393321-Infrastructure-The-Military tag:odeo.com,2005-11-08,393321 Tue, 08 Nov 2005 21:08:23 -0800 no That's Capital http://www.odeo.com/episodes/184177-30-Lies-About-Money tag:odeo.com,2005-08-25,184177 Thu, 25 Aug 2005 22:00:13 -0700 no That's Capital http://www.odeo.com/episodes/109470-Bill-Maurer-Talks-Money tag:odeo.com,2005-07-18,109470 Mon, 18 Jul 2005 16:49:00 -0700 no That's Capital http://www.odeo.com/episodes/948487-Money-Trust-four-parts tag:odeo.com,2005-07-16,948487 Sat, 16 Jul 2005 17:24:16 -0700 no That's Capital