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Mapping Wild Cards

Inspired by: FP7 » Facebook capitalism

version: 1 / created: 2009-11-23
id: #313 / version id: #313
mode: VIEW

Originally submitted by: Joe Ravetz
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Last changed by: Joe Ravetz
WI-WE status:
submitted unpublished archived

Source of inspiration

European Commission Framework Programme for RTD (FP7)

Theme/activity of inspiration

Theme 8 - Socio-economic Sciences and the Humanities

Sub-theme/area of inspiration

Diversities and commonalities in Europe

Headline

(max. 9 words)

Facebook capitalism

Description

(approx. 150 words)
Please describe the Wild Card (approx. 150 words)
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.

Keywords

capitalism, Facebook, market, Web 2.0, online

Likelihood

Closest timeframe for at least 50% likelihood
Please use one of the following options:
now-2025

Type of event

Unplanned consequence of events/trends/situations (e.g. financial crisis, accidental breakthrough)

Type of systems affected

Human-built Systems - E.g. organisations, processes, technologies, etc.

Classification

Uncertain

Importance

please specify:
please select
Level 1: important for a particular country USA
Level 3: important for the European Union
Level 4: important for the whole world

Manifestation phase

Type of manifestation

Very uncertain