The challenge of abundance

by Michel Bauwens

I'm a little of an outsider in this crowd, but I reacted to Randolph's invitation and thought I would have a go at challenging not just capitalism 1.0, but capitalism as such. And not from a capitalism 2.0 point of view, but from a capitalism 3.0 point of view, as outlined by Peter Barnes in the book of the same name.

What I would like to do in the next few weeks is to point to a few 'challenges' that current technological affordances are creating for the system as is, such as the challenge of abundance, of openness, of the demands for participation, and from commons-oriented approaches.

Let's start with the challenge of abundance.