The Ingenesist Project
 
 
 
The New Definition Of Social  Capitalism

 
 
 
 
by Dan Robles on July 22, 2014
 

 (http://www.ingenesist.com/wp-content/uploads/2014/07/SocIntCreaCap.png) 






About 3 months ago, I received a cryptic email from  what sounded like a 
war-weary Wikipedia Editor pinned down in the trenches by  enemy cross-fire.  
His message was stark;  Wikipedia  will delete “Social Capitalism”, you are 
in the best position to save  it”. 
Since the dawn of Social Media, many people in the  Social Capital domain, 
including myself, had been contributing references,  material, ideas, and 
theoretical constructs to the doomed Wikipedia article in  naive optimism that 
Social Capitalism may indeed be a new form of social  organization.  So, 
upon receiving the desperate plea from the front lines  of Wikipedia D-day, I 
jumped in and submitted argument after argument to an  already formidable 
defense deploring the powerful Wikipedia Editors to preserve  the article, the 
idea, the possibility… 
But alas, we failed.  Perhaps we did not have  proper academic credentials. 
Maybe we were not widely cited by important people.  Our oppressors 
eventually provided a weak explanation related to social systems  and 
economics, 
etc., but in retrospect, I think the real problem was that we  were trying to 
define something that did not yet exist despite nearly 30 million  Google 
search returns. 
I have to admit that I agree with the Wikipedia  editors. In reviewing that 
experience recently, I turned to the definition for  “Capitalism 
(disambiguation)” in Wikipedia: 
_Wikipedia defines Capitalism_ 
(http://en.wikipedia.org/wiki/Capitalism_(disambiguation))  as an “economic  
and social system in which the means of 
production are privately  controlled”.  
_Factors of Production (from classical  economics) _ 
(http://en.wikipedia.org/wiki/Factors_of_production) are presumed to be  
something like “land, 
labor, and capital”.  Now, consider that modern day  factors of production are 
increasingly cited as: “Social Capital, Intellectual  Capital, and Creative 
Capital” of people and their relationships.  After  all, these are the 
assets that are deployed in order to produce the proverbial  “basket of goods” 
upon which most global currencies are compared.   
This  is not trivial. Since these modern factors of production exist  
between the ears of each individual person, they are, by definition “privately  
controlled” and readily exchanged for economic outcomes among people  in 
social networks.
 
 
If the US Supreme Court agrees that corporations are  people, then it is 
equally valid that people  are corporations too. Taken together: 
Social Capitalism refers to the economic and social  system in which the 
means of production are social, creative, and intellectual  assets.   
However, (and a big however), in order for Social  Capitalism to become the 
dominant form of social organization, quite literally,  society _must 
reorganize itself_ (https://www.youtube.com/watch?v=m_-JkUI5ATE)  to  account 
for 
exchange and trade  of intangibles. Then, all  the decentralized 
innovations that we call the “Social Capital Domain” can  integrate, unify, and 
dominate. Everything will change. 
Perhaps then we’ll finally have a Wikipedia  article for Social Capitalism 
like those clear, present, and magnificently  organized warriors behind such 
economic facts as  _Corporate  Personhood._ 
(http://en.wikipedia.org/wiki/Corporate_personhood) 

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