Facebook capitalism

Facebook capitalism

Originally submitted by Joe Ravetz
last updated by Rafael Popper

Wild Card's progress: advanced

This Wild Card came from: 
European Commission Framework Programme for RTD

The theme/scheme related to this Wild Card: 
Theme 8 - Socio-economic Sciences and the Humanities

The sub-theme that best relates to this Wild Card: 
Diversities and commonalities in Europe

Likelihood timeframe and scenario features : 
now-2025

Wild Card's description 
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.