Facebook capitalism
Originally submitted by Joe Ravetz
last updated by Rafael Popper
Wild Card's progress: advanced
This Wild Card came from:
European Commission Framework Programme for RTD
The theme/scheme related to this Wild Card:
Theme 8 - Socio-economic Sciences and the Humanities
The sub-theme that best relates to this Wild Card:
Diversities and commonalities in Europe
Likelihood timeframe and scenario features :
now-2025
Wild Card's description
Conventional market systems based on price and demand, are suddenly giving way to online networks for supply, demand and the all-important ‘choice editing’. Half the FTSE firms lose half their value and are bought by new Web 2.0 startups.
