Posts tagged 1%

The Locust Economy

locust, economics, p2p, long tail, resilience, politics, 99%, 1%, eviscerated middle

What’s really going on is that software-enabled human locust swarms are eating everything they can access. Which generally means small business front-end layers wrapped around larger platforms. The locust swarms cannot actually take on true Big Industry unaided, for the most part. When Big Industry owns its own last mile (think McDonald’s) it is rarely stupid enough to offer up lunch for locusts.

http://www.ribbonfarm.com/2013/04/03/the-locust-economy/