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Business Around the Commons

After a long hiatus, in which I’ve been swamped with a whole wide range of opportunities, obligations, and obsessions, I have been moved to write a short introduction to a real HUGE find!

The page that introduces this video says:

What are young adults thinking about money and value? How can we create new systems of wealth generation and abundance? What does the future hold for banks and other financial institutions in the wake of massive peer to peer exchange?

“The Future of Money” begins a conversation on these topics and invites your participation (twitter hashtag #futureofmoney)

I’ve been observing over the past few years that youth around the world are gradually becoming aware that their ability to use new media and network capabilities – particularly social media and Web applications – in ways not imagined by their “mature” adult creators.  To these youth, these tools provide them the power to create and exchange wealth without relying on the currency exchanges that have been the predominant metaphors for trading value for the past few centuries.  Rather than relying solely on money to trade value, they will share and distribute valuable goods, services, knowledge, and – most importantly – ideas and connections, through their trusted networks.  In doing so, they reduce the presumed value of money, instead shifting the represented value on the real opportunities and rewards themselves.

This phenomena is NOT a semantic or rhetorical exercise by academics, but a real global shift that is taking place.  I’ve been working in the field of learning in and around the commons for my entire adult life.  I’ve trusted that this is happening before it started to “happen.”  I am elated. Watch, but more importantly, listen, feel, and act!  The joy of living is always in the present!

The Future of Money from KS12 on Vimeo.

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