Tuesday, October 05, 2004

Notes from Market Economies
Markets are conceived as systems of exchange.

How can we use this efficiency to create positive social change?

Kyoto Protocol created an emmission gas trading market, a designed market.

Walmart is a perfect distribution system. They do not manufacture anything, but they have created an efficient system.

Visa does $2.5 trillion/year in transactions. When it was designed, Dee Hock had to design a new system, and looked to nature. It is a self-regulating system, where each office is cooperates and competes, a decentralized network.

The Chaordic Commons
The Chaordic Design Process

Possible Questions/Activities
1. How do you feel that you have to use a swipe card to hear the stories? Do you like this technology?

2. Let's listen to this story together. ... How was this system of exchange designed? What would you do differently?

3. How does understanding the design of a market system make you feel about the world and how it works today?

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