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Maybe a little tangential to recent discussion
on 'transition and personal networks' but does
link to Barry Wellman's conjecture on network size
and GNP.

Consider the recent decline in US and UK
stockmarket indices - plenty of sound, traditional
reasons for this (today: AOL/TimeWarner...wow!)
But given the rise of network economy
- with the proliferation of SMEs -
has this structural change meant a redistribution
of profits from larger public corporations
to privately owned firms (who are leaner,
more flexible, and so on, ...).
Are we at a tipping point in the evolution
of Capitalism?

Thoughts?

best, nick

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