What many people do not yet realize is that as the old economy weakens a new one is emerging in lockstep. The five pillars of a capitalist economy are being replicated in the social media movement:
Let me start in reverse:
5: Entrepreneurs do the fuzzy math – Search Engine Optimization
4: The business model is buy low, sell high – communities elevate social priorities
3: An Accounting system – trust, reputation, family, community, and influence
2: vetting institutions: Twitter, Yelp, G+, Quora, and many many more.