A complex counterintuitive subject. When Capitalism and “free-market” stop being the trust that glues society together. You are left with social data and who controls it. Open or closed becomes the choice we face.
Open it’s a shared commons.
Closed its something else.
The closed path of the #encryptionists for the last 10 years. The open path of the #fediverse for the last 5 years.
Interestingly the fediverse was built as a lie as a hybrid open/closed. It feeds this lie to grow. In fact its nieverly open which is why it grew so strong so fast. Goda’s respect a good social con. But learn the right lesson, that open rather than closed is the path.
PS. and YES before you comment it’s a balance not one or the other.
B. Explain the three basic questions that all economic systems attempt to answer. What goods and services should be produced? How will goods and services be produced? Who will consume goods and services?