By David Silver – Social Media Games Divide; Rituals Unite

From Monetizing Social Neworks by David Silver. This book tells me how to make our online psych survivor community economically self-sustaining. — Corinna West

“In a capitalistic society, everything eventually becomes a derivative,” Karl Marx wrote in Das Kapital.

We have seen that in the financial market with credit default swaps. And heck, what is a share of common stock anyway?

Now, we see Farmville, a social media game, grossing an estimated $200 millian a year in revenues from the sale of synthetic currency used to buy tractors, goats, sheep, cows and chickens.  Yet social games like this are purposeless derivatives.

Social

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