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The expansion of our society since industrialization has been characterized by the gradual, but systematic, replacement of implicit social capital with explicit
by InitialLastName 6y ago
The expansion of our society since industrialization has been characterized by the gradual, but systematic, replacement of implicit social capital with explicit economic capital. It's been great for a subset of people (the economic capitalists and those who, for one reason or another, are unable to build social capital) but it's hard to pretend there haven't been costs for everyone.
- clairity 6y agoyah, i like to think of it as the esteem economy, something that's even more intimately tied with human societies and our evolutionary survival. polico-economic systems are simply models on top of this underlying esteem economy, and over history, we've jumped from one polico-economic theory to the next, without earnestly acknowledging and perhaps even venerating this simple connection. how social networks could potentially better model the esteem economy is what most interests me about them, but so far, likes and follows don't seem to do a good enough job in general at revealing the truly estimable from the randomly popularized background meme.