American RadioWorks |
The campus of the University of Chicago. Kevin Carey says most students of the future won't be going to traditional college campuses. Photo: Wikipedia.

The End of College or the University of Everywhere

When education policy wonk Kevin Carey looks into the future, he sees the end of traditional colleges and universities and he says that's a good thing.

Recent Posts

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    Today older Americans are heading back to school in record numbers. Many have already started a career, but want to gain knowledge or skills that can make them more competitive in the workplace. Colleges and universities are grappling with the needs of a changing population of students.
  • 03.11.15

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in collaboration with Spotlight on Poverty and Opportunity

Institute an alternate economic system

File under: Alternate economy, social capitalism, social currency, knowledge asset, education, mentorship, social entrepreneur, small business, social media, other

4 (6 votes)

From: Daniel R., Edmonds, WA

The Ingenesist Project specifies an alternate economy that closely resembles market capitalism except that factors of production are not land, labor, and financial capital. They are social, creative, and intellectual capital. These are the things that social entrepreneurs will allocate in the production of goods and services. This is called "Social Capitalism."

Social capitalism requires a standardized (normalized) community knowledge inventory and a social media application that allows millions of social entrepreneurs to match most worthy knowledge surplus with most worthy knowledge deficit within a geographical area (i.e., a neighborhood or community).

Since we use the same calculus as Wall Street, we can estimate the likelihood that an entrepreneur will return a social profit. All predicted social profits can be combined into a social "cash" flow and securitized as innovation bonds. The innovation bonds will be traded as a social currency to hedge the dollar.

Debt is a promise against future productivity. The innovation bond is also a promise against future productivity. Therefore, an innovation bond and debt denominated dollar would be fully convertible. That would end poverty in a hurry. Please see the Ingenesist website for an informative video series.


Comments:

Keith A.
From , IL

So . . . people should . . . THINK food onto the table? I fail to see how your "social capitalism" will feed, clothe or house people who lack these things.


Dan R.
From Seattle, WA

@Kieth A; Yes, people will think and food, clothes, houses, airplanes, and software will get produced. How do you believe that happens now...bankers? Ingenesist is an exact duplicate of the same exact system that can now read a strip of magnetic carbon laminated to a piece of plastic which allows you to carry groceries out of a store. The exception are "the factors of production" If you don't understand how that system works, it will be difficult for you to understand how The Ingenesist Project will accomplish the exact same outcome, except where the human is the item of permanence rather than the environment, machinery, and a debt based currency.


American RadioWorks |
The campus of the University of Chicago. Kevin Carey says most students of the future won't be going to traditional college campuses. Photo: Wikipedia.

The End of College or the University of Everywhere

When education policy wonk Kevin Carey looks into the future, he sees the end of traditional colleges and universities and he says that's a good thing.

Recent Posts

  • 03.18.15

    UnRetirement

    Today older Americans are heading back to school in record numbers. Many have already started a career, but want to gain knowledge or skills that can make them more competitive in the workplace. Colleges and universities are grappling with the needs of a changing population of students.
  • 03.11.15

    The Test

    In her new book,“The Test: Why Our Schools are Obsessed with Standardized Testing–But You Don’t Have to Be,” NPR Education Blogger Anya Kamenetz examines the role testing plays in American public education.
  • 03.04.15

    An Administrator Responds to Adjunct Protests

    Last week, we talked about growing dissent among adjunct college instructors who claim they’re not getting compensated fairly for the work they do. This week we’ll hear from someone who has dealt with this issue from the administration side.
  • 02.26.15

    Adjunct voices

    Ahead of National Adjunct Walkout Day on February 25th, American RadioWorks asked adjunct professors around the country how things are going for them. The short answer? Not well.