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What Is Truly "New" About Our "New Economy"?

-- Bradford DeLong (delong@econ.berkeley.edu), May 04, 2000

Answers

For what it is worth, most of my friends who are not residing in NYC generally seem to feel that a Fortune column has more impact than a New York Times Business Section column. I am still uncertain, but I thought I would pass it along.

-- Anonymous (anonymous@nowhere.org), May 04, 2000.

I enjoy your e-mail column and found your recent article Speculative Microeconomics in First Monday very useful. In your column today you refer to Clayton Christensen's Innovator's Dilemma; disruptive technologies......but I think the real enabling power is disruptive ideas, for these have a different time dimension and we are moving into a virtual world where space is not limited. This changes organizational relationships with consumers and markets. Organizations must now focus on facilitating the evolution of markets. Organizations that mediate space or seek control of closed data-mines will fail.

Thus I've recently had a go at a possible new ecology; one in which communities of consumers take control of their personal information assets. The knowledge economy is changing information asymmetries in favor of consumers. I've captured this in "The COMsumer Manifesto", published at http://www.firstmonday.org/issues/issue5_5/henshall/index.html I've had some very positive feedback and looking for both new opportunities, ways to test it and input into COMsumers.

I'm not an economist, but a marketer. I'd certainly appreciate any thoughts / comments you might have.

Best regards

Stuart Henshall GBN Global Business Network 510-547-6822

-- Stuart Henshall (henshall@gbn.org), May 13, 2000.


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