Throwing Rocks at the Google Bus: How Growth Became the Enemy of Prosperity (33 page)
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Authors: Douglas Rushkoff
8
. Janine Marchessault,
Marshall McLuhan
(London: Sage Publications, 2005).
9
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Rerum Novarum
.
10
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Laudato Si’
, paragraph 114.
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The page numbers in this index refer to the printed version of this book. The link provided will take you to the beginning of that print page. You may need to scroll forward from that location to find the corresponding reference on your e-reader.
acquisitions,
78
advertising,
20
–21.
See also
marketing
big data and,
42
“likes” economy and,
35
–37
AFL-CIO Housing Investment Trust,
210
Agency.com,
196
destructive destruction and,
100
peer-to-peer commerce enabled by,
45
,
46
algorithmic trading,
179
–84
Alphabet,
78
destructive destruction and,
100
highly centralized sales platform of,
29
as platform monopoly,
87
–90
Amazon Associates,
89
Amazon Mechanical Turk,
49n
,
50
,
90
,
214
,
222
Amazon Prime,
90
Amsted Industries,
117
Andreessen, Marc,
191
–92
AngelList,
201
Aoki, Steve,
36
Ariel,
209
–10
aristocracy,
17
–18,
22
,
70
,
128
–29,
133
,
230
Aristotle,
69
artificial intelligence,
90
–91
artisanal economy,
16
–18,
21
,
22
,
226
,
233
–34
arts, funding of,
236
Atkinson, Anthony B.,
65
austerity,
136
–37
auto attendants,
14
Bandcamp,
29
–30
Barber, Brad,
177
barter,
127
barter exchanges,
159
Basecamp,
59
–60
BASF,
107
Battle-Bro,
121
Bauwens, Michael,
221
bazaars,
16
–18
money and,
127
obsolescence of, caused by corporations,
70
–71
Bell, Daniel,
53
Belloc, Hilaire,
229
benefit corporations,
119
Benna, Ted,
171
BerkShare,
154
–55
Best Buy,
90
Biewald, Lukas,
49
–50
big data,
39
–44
data point collection and comparisons of,
41
–42
game changing product invention reduced by reliance on,
43
predicting future choices, as means of,
41
,
42
–43
reduction in spontaneity of customers and,
43
social graphs and,
40
suspicion of, as increasing value of data already being sold,
43
–44
traditional market research, distinguished,
41
Big Shift,
76
biopiracy,
218
biotech crash of 1987,
6
Bitcoin,
143
–49,
150
–51,
152
,
219
,
222
Blackboard,
95
–96
Blackstone Group,
115
black swans,
183
Bitcoin,
144
,
145
,
146
,
147
,
149
,
222
decentralized autonomous corporations (DACs) and,
149
–50
Bloomberg,
182
Bodie, Zvie,
174
bot programs,
37
bounded investing,
210
–15
Bovino, Beth Ann,
81
–82
Brand, Russell,
36
branding,
20
social, and “likes” economy,
35
–37
Branson, Richard,
121
Brin, Sergey,
92
–93
Bristol Pounds,
156
British East India Company,
71
–72
Brixton Pounds,
156
brokered barter system,
127
burn rate,
190
Bush, Jeb,
227
–28
Calacanis, Jason,
201
Calvert,
209
–10
Campbell Soup Company,
119
capital.
See
money
Capital in the Twenty-First Century
(Piketty),
131
capitalism,
124
–25
captology,
91
Caring Relationship Tickets (Fureai Kippu),
162
Case, Steve,
186
central currency system,
124
–26,
128
–39
abolishing of local moneys in favor of,
128
–29
alternatives to,
154
–67
austerity and,
136
–37
complementary systems,
164
–65
crash of 2007 and,
133
–34
creation of, by lending it into existence,
129
–30
credit as product,
132
–33
debasements, taxation through,
130
Federal Reserve policies and,
137
–38
growth trap and,
133
–34
interest on,
129
–31
Mill’s stationary state and,
135
–36
operating system nature of,
125
–26
outlawing of local currencies and replacement with,
128
–29
putting more into circulation, through government taking on debt and paying workers,
137
–38
stimulative policies and,
136
,
137
taxation through debasement of,
129
Charles Schwab,
176
chartered monopolies,
18
,
56
,
70
,
101
,
125
,
131
Chen, Perry,
198
Chesterton, G. K.,
229
Circuit City,
90
Citizens United
case,
72
Claritas,
32
click workers,
50
coin of the realm,
128
–29
collaboration as corporate strategy,
106
–7
colonialism,
71
–72
commons,
215
–23
co-owned networks and,
220
–23
history of,
215
–16
projects inspired by,
217
–18
successful, elements of,
216
–17
tragedy of,
215
–16
worker-owned collectives and,
219
–20
competencies, of corporations,
79
–80
Connect+Develop,
107
Consumer Electronics Show,
19
Consumer Reports,
33
contracting with small and medium-sized enterprises,
112
cooperative currencies,
160
–65
favor banks,
161
LETS (Local Exchange Trading System),
163
–65
time dollar systems,
161
–63
co-owned networks,
220
–23
corporations,
68
–82
acquisition of startups, growth through,
78
Big Shift and,
76
competency of,
79
–80
cost reduction, growth through,
79
–80
decentralized autonomous corporations (DACs),
149
–50
Deloitte’s study of return on assets (ROA) of,
76
–77
distributive alternative to platform monopolies,
93
–97
evaluation of,
69
–74
extractive nature of,
71
–72,
73
,
74
,
75
,
80
–82
growth targets, meeting,
68
–69
income inequality and,
81
–82
limits to corporate model,
75
–76,
80
–82
managerial and financial methods to deliver growth by,
77
–79
monopolies (
See
monopolies)
obsolescence created by,
70
–71,
73
offshoring and,
78
–79
repatriation and,
80
retrieval of values of empire and,
71
–72,
73
as steady-state enterprises,
97
–123
Costco,
74
cost reduction, and corporate growth,
79
–80
Couchsurfing.com,
46
crashes
of 1929,
99
of 2007,
133
–34
biotech crash, of 1987,
6
flash crash,
180
Creative Commons,
215
creative destruction,
83
–87
credit,
132
–33
credit-card companies,
143
–44
crowdsharing apps,
45
–49
crowdsourcing platforms,
49
–50
Crusades,
16
Cumbrian Pounds,
156
Curitiba, Brazil modified LETS program,
164
–65
Daly, Herman,
184
data
big,
39
–44
getting paid for our own,
44
–45
in pre-digital era,
40
Datalogix,
32
da Vinci, Leonardo,
236
debt,
152
–54
decentralized autonomous corporations (DACs),
149
–50
deflation,
169
Dell,
115
–16
Dell, Michael,
115
–16
Deloitte Center for the Edge,
76
–77
destructive destruction,
100
Detroit Dollars,
156
digital distributism,
224
–39
artisanal era mechanisms and values retrieved by,
233
–34
developing distributive businesses,
237
–38
digital industrialism compared,
226
digital technology and,
230
–31
historical ideals of distributism,
228
–30
leftism, distinguished,
231
Pope Francis’s encyclical espousing distributed approach to land, labor and capital,
227
–28
Renaissance era values, rebirth of,
235
–37
subsidiarity and,
231
–32
sustainable prosperity as goal of,
226
–27
digital economy,
7
–11
big data and,
39
–44
destabilizing form of digitally accelerated capitalism, creation of,
9
–10
digital marketplace, development of,
24
–30
digital transaction networks and,
140
–51
disproportionate relationship between capital and value in,
9
distributism and,
224
–39
externalizing cost of replacing employees in,
14
–15
industrialism and,
13
–16,
23
–24,
44
,
53
–54,
93
,
101
–2,
201
,
214
,
226
industrial society, distinguished,
11
“likes” and similar metrics, economy of,
30
–39
platform monopolies and,
82
–93,
101
digital industrialism,
13
–16,
23
–24,
101
–2,
201
digital distributism compared,
226
diminishing returns of,
93
externalizing costs and,
14
–15
human data as commodity under,
44
income disparity and,
53
–54
labor and land pushed to unbound extremes by,
214
“likes” economy and,
33
reducing bottom line as means of creating illusion of growth and,
14