The Secrets of Intangible Wealth

[Joshua Callman]

There is a short article that discusses how international differences in worker productivity and national wealth can be attributed to intangible factors (e.g., "...trust among people in a society, an efficient judicial system, clear property rights and effective government"):

http://reason.com/news/show/122854.html

I thought members of this group might find it of interest.

Josh Callman

____________________________________________________________________________________
Looking for a deal? Find great prices on flights and hotels with Yahoo! FareChase.
http://farechase.yahoo.com/

[David Meggitt]

Josh, spot on!

It takes a long time to develop the infrastructure that fosters
intangibles according to the Rostow Curve...some 250 years or so!

I often think of the UK as being overdeveloped in the sense that as
soon as someone proposes doing something, a dozen independent (not
state or party controlled) interest groups spring up from nowhere to
counter it.

I am beginning to group most of these into the concept of the fitness
landscape when viewed from the perspective of a business undergoing
trade. As and when, specific groups emerge.

At a national planning level, I have also noticed that expert
consultants can do a great job in preparing a national plan, which can
just lie on the shelves until the next one is prepared! Nothing much
seems to have happened in the interim.

David Meggitt

[Nikolay Kryachkov]

The wealth mostly depends on printing money. Money is a sort of
intangibles. This article says nothing about it.

Nikolay

http://knowledgeperson.blogspot.com/

[David Meggitt]

>From an economic point of view based only on money, I guess that would
follow, Nikolay..

However, from a value network perspective view based on what I would
suggest is an authentic position, this "short changes all other forms
of wealth"

You can pick up the rest from Verna Allee's book "The Future of
Knowledge". Money becomes a tangible and it is other assets that
constitute intangibles.
Quite a shift in thinking, so worth a peep.

A nation's economic wealth was I believe largely linked to GDP / head
- based on money.
The EU, of course, now includes other measures, including the full
panoply of "intellectual capital" in comparing national wealth.

David

[Nikolay Kryachkov]

I'm not about the future, David.

Never thought that money is asset. I thought bank account with money
and money are not the same entities.

Money is a measure (direct or indirect) of some relationships
(valuable or not) in networks.

The measure can have the tangible standard, but it remains intangible,
I think.

Nikolay

[David Meggitt]

For simplicity, we tend to say in value network thinking that as soon
as transactions have deliverables that can be measured in monetary
terms, they become tangibles. Intangibles have value also (for
example, in maintaining a healthy business long term) and can also be
converted into tangibles.

This is considered the present. The "future" is more about a new way
of thinking giving knowledge a new future!

I think it would be a good idea to find some definitions to help
clarify. I'll locate and post up.

David

[David Meggitt]

I promised a set of definitions:

Please refer to post of 22nd August 2007 "Value Network Glossary"
which links to
http://kmblogs.com/public/item/180197

regards....David

[Nikolay Kryachkov]

And what a methodology was used to make these definitions?

Nikolay

On Oct 10, 12:52 pm, David Meggitt <m...@davidmeggitt.com> wrote:
> I promised a set of definitions:
>
> Please refer to post of 22nd August 2007 "Value Network Glossary"

> which links tohttp://kmblogs.com/public/item/180197

[Benoit Couture]

Josh, David, Nikolay and all,

 

Here's where I first got to know about intangibles and the possible future of human trust-flow:

 

http://intangibles-valuation.blogspot.com/

 

It would be great to read comments, critics and/or suggestions from the senior members as to how can we assemble within the intangible frontiers of high trust-flow and away from destructive accounting sytems!

 

Benoit

David Meggitt <ma...@davidmeggitt.com> wrote:

I promised a set of definitions:

Please refer to post of 22nd August 2007 "Value Network Glossary"
which links to
http://kmblogs.com/public/item/180197

regards....David

On Oct 9, 9:56 pm, David Meggitt wrote:
> For simplicity, we tend to say in value network thinking that as soon
> as transactions have deliverables that can be measured in monetary
> terms, they become tangibles. Intangibles have value also (for
> example, in maintaining a healthy business long term) and can also be
> converted into tangibles.
>
> This is considered the present. The "future" is more about a new way
> of thinking giving knowledge a new future!
>
> I think it would be a good idea to find some definitions to help
> clarify. I'll locate and post up.
>
> David
>

> On Oct 9, 9:28 pm, Nikolay Kryachkov wrote:
>
> > I'm not about the future, David.
>
> > Never thought that money is asset. I thought bank account with money
> > and money are not the same entities.
>
> > Money is a measure (direct or indirect) of some relationships
> > (valuable or not) in networks.
>
> > The measure can have the tangible standard, but it remains intangible,
> > I think.
>
> > Nikolay
>

> > On Oct 9, 1:35 pm, David Meggitt wrote:
>
> > > >From an economic point of view based only on money, I guess that would
>
> > > follow, Nikolay..
>
> > > However, from a value network perspective view based on what I would
> > > suggest is an authentic position, this "short changes all other forms
> > > of wealth"
>
> > > You can pick up the rest from Verna Allee's book "The Future of
> > > Knowledge". Money becomes a tangible and it is other assets that
> > > constitute intangibles.
> > > Quite a shift in thinking, so worth a peep.
>
> > > A nation's economic wealth was I believe largely linked to GDP / head
> > > - based on money.
> > > The EU, of course, now includes other measures, including the full
> > > panoply of "intellectual capital" in comparing national wealth.
>
> > > David
>

> > > On Oct 9, 8:19 am, Nikolay Kryachkov wrote:
>
> > > > The wealth mostly depends on printing money. Money is a sort of
> > > > intangibles. This article says nothing about it.
>
> > > > Nikolay
>
> > > >http://knowledgeperson.blogspot.com/
>

> > > > On Oct 8, 8:34 am, Joshua Callman wrote:
>
> > > > > There is a short article that discusses how international differences in worker productivity and national wealth can be attributed to intangible factors (e.g., "...trust among people in a society, an efficient judicial system, clear property rights and effective government"):
>
> > > > >http://reason.com/news/show/122854.html
>
> > > > > I thought members of this group might find it of interest.
>
> > > > > Josh Callman
>
> > > > > ____________________________________________________________________________________
> > > > > Looking for a deal? Find great prices on flights and hotels with Yahoo! FareChase.http://farechase.yahoo.com/

---

Pinpoint customers who are looking for what you sell.

[David Meggitt]

Much of the value network material is open source :-)) for you to
peruse.

You can find it on the site http://www.value-networks.com

Also, please refer to the entries on Wikipedia linked from
http://www.value-networks.com/resources.htm
and follow the link to value network analysis as well.

This forum also contains rich veins that are worth mining, which
includes those contributed by Benoit.

Hope that helps...David

> > > > > > > ___________________________________________________________________________­_________
> > > > > > > Looking for a deal? Find great prices on flights and hotels with Yahoo! FareChase.http://farechase.yahoo.com/- Hide quoted text -
>
> - Show quoted text -

[Nikolay Kryachkov]

I asked a simple question: "what a methodology was used to make these
definitions?". Why should I go for mining the answer if no one can
answer? Sorry for my entering this issue.

Nikolay

On Oct 10, 9:46 pm, David Meggitt <m...@davidmeggitt.com> wrote:
> Much of the value network material is open source :-)) for you to
> peruse.
>

> You can find it on the sitehttp://www.value-networks.com
>
> Also, please refer to the entries on Wikipedia linked fromhttp://www.value-networks.com/resources.htm

> > > > > > > > Looking for a deal? Find great prices on flights and hotels with Yahoo! FareChase.http://farechase.yahoo.com/-Hide quoted text -

[Benoit Couture]

Nikolay,

 

Why should you be sorry to point out to the fact that the emperor is naked and acting as if he/she was not? 

 

From the sideline, here's an attempt to touch the untouchable, since in fact, the word  intangible is obviously what is not obvious. 

Economically, intangibles are the invisible components needed to be assessed for the visible to flourish, in the whole context of mutuality versus conflict, goodwill versus bad will, authenticity versus deceit.

Intangibles are what affect the security of the tangible, so from this point of view, intangibles are the shifting ground in which the tangible is rooted.

So the more we evolve within the confinements of our competitive comfort zone scientifically, socially, economically and politically, modernization and globalization force us all to face the gaps between rich and poor and all the challeges of conflict resolution at hand.  So in that sense, intangible is the safety process of the tangible.

 

As long as the market forces remain into the safety provided by the security context of the military and police forces, then the intangibles cannot shift where intelligence and wisdom can be passed on peacefully from generation to generation, because the military machine's survival consumes the goodwill into the constant "need" for conflict. 

The security context of the intangible must move from militancy to radiance.  Radiance is the cultivation of personal inner justice which produces the inner peace needed for the joy of living, where conflict is not welcome to dwell. 

So to me, the joy of living versus the animal dictatorship power structures of existence are where the realm of intangibles begins.   It is all a matter of contextual relatedness and relationship.   

 

Reality says that we are not about to be weened from the military machine.  So therefore, vision from history and emotional intelligence are key to the assessment of intangibles, toward a possible future. That is where intangibles and sanity become partners, or not.  

That is why I view http://intangibles-valuation.blogspot.com/ to be so crucial in building the rails of Value-Networks and Prediction Markets within the evolution of modernization and into the movement of globalization. 

When it comes to economic intangibles, the initial part of the road to the immediate fututre is to go from competing to completing where we assemble  the joy of living from justice and peace instead of the exploitation of corruption and violence, where the military finds its "raison d'être"!

 

With regards,

Benoit

Nikolay Kryachkov <nk...@mail.ru> wrote:

I asked a simple question: "what a methodology was used to make these
definitions?". Why should I go for mining the answer if no one can
answer? Sorry for my entering this issue.

Nikolay

On Oct 10, 9:46 pm, David Meggitt wrote:
> Much of the value network material is open source :-)) for you to
> peruse.
>
> You can find it on the sitehttp://www.value-networks.com
>
> Also, please refer to the entries on Wikipedia linked fromhttp://www.value-networks.com/resources.htm
> and follow the link to value network analysis as well.
>
> This forum also contains rich veins that are worth mining, which
> includes those contributed by Benoit.
>
> Hope that helps...David
>

> On Oct 10, 11:02 am, Nikolay Kryachkov wrote:
>
> > And what a methodology was used to make these definitions?
>
> > Nikolay
>

> > On Oct 10, 12:52 pm, David Meggitt wrote:
>
> > > I promised a set of definitions:
>
> > > Please refer to post of 22nd August 2007 "Value Network Glossary"
> > > which links tohttp://kmblogs.com/public/item/180197
>
> > > regards....David
>

> > > On Oct 9, 9:56 pm, David Meggitt wrote:
>
> > > > For simplicity, we tend to say in value network thinking that as soon
> > > > as transactions have deliverables that can be measured in monetary
> > > > terms, they become tangibles. Intangibles have value also (for
> > > > example, in maintaining a healthy business long term) and can also be
> > > > converted into tangibles.
>
> > > > This is considered the present. The "future" is more about a new way
> > > > of thinking giving knowledge a new future!
>
> > > > I think it would be a good idea to find some definitions to help
> > > > clarify. I'll locate and post up.
>
> > > > David
>

> > > > On Oct 9, 9:28 pm, Nikolay Kryachkov wrote:
>
> > > > > I'm not about the future, David.
>
> > > > > Never thought that money is asset. I thought bank account with money
> > > > > and money are not the same entities.
>
> > > > > Money is a measure (direct or indirect) of some relationships
> > > > > (valuable or not) in networks.
>
> > > > > The measure can have the tangible standard, but it remains intangible,
> > > > > I think.
>
> > > > > Nikolay
>

> > > > > On Oct 9, 1:35 pm, David Meggitt wrote:
>
> > > > > > >From an economic point of view based only on money, I guess that would
>
> > > > > > follow, Nikolay..
>
> > > > > > However, from a value network perspective view based on what I would
> > > > > > suggest is an authentic position, this "short changes all other forms
> > > > > > of wealth"
>
> > > > > > You can pick up the rest from Verna Allee's book "The Future of
> > > > > > Knowledge". Money becomes a tangible and it is other assets that
> > > > > > constitute intangibles.
> > > > > > Quite a shift in thinking, so worth a peep.
>
> > > > > > A nation's economic wealth was I believe largely linked to GDP / head
> > > > > > - based on money.
> > > > > > The EU, of course, now includes other measures, including the full
> > > > > > panoply of "intellectual capital" in comparing national wealth.
>
> > > > > > David
>

> > > > > > On Oct 9, 8:19 am, Nikolay Kryachkov wrote:
>
> > > > > > > The wealth mostly depends on printing money. Money is a sort of
> > > > > > > intangibles. This article says nothing about it.
>
> > > > > > > Nikolay
>
> > > > > > >http://knowledgeperson.blogspot.com/
>

> > > > > > > On Oct 8, 8:34 am, Joshua Callman wrote:
>
> > > > > > > > There is a short article that discusses how international differences in worker productivity and national wealth can be attributed to intangible factors (e.g., "...trust among people in a society, an efficient judicial system, clear property rights and effective government"):
>
> > > > > > > >http://reason.com/news/show/122854.html
>
> > > > > > > > I thought members of this group might find it of interest.
>
> > > > > > > > Josh Callman
>
> > > > > > > > ___________________________________________________________________________­_________
> > > > > > > > Looking for a deal? Find great prices on flights and hotels with Yahoo! FareChase.http://farechase.yahoo.com/-Hide quoted text -
>
> > - Show quoted text -

---

Building a website is a piece of cake.
Yahoo! Small Business gives you all the tools to get online.

[Nikolay Kryachkov]

Good speech, Benoit! Indeed.

And who are the judges?

Nikolay

On Oct 11, 3:50 pm, Benoit Couture <benoit...@yahoo.com> wrote:
> Nikolay,
>
> Why should you be sorry to point out to the fact that the emperor is naked and acting as if he/she was not?
>
> From the sideline, here's an attempt to touch the untouchable, since in fact, the word intangible is obviously what is not obvious.
> Economically, intangibles are the invisible components needed to be assessed for the visible to flourish, in the whole context of mutuality versus conflict, goodwill versus bad will, authenticity versus deceit.
> Intangibles are what affect the security of the tangible, so from this point of view, intangibles are the shifting ground in which the tangible is rooted.
> So the more we evolve within the confinements of our competitive comfort zone scientifically, socially, economically and politically, modernization and globalization force us all to face the gaps between rich and poor and all the challeges of conflict resolution at hand. So in that sense, intangible is the safety process of the tangible.
>
> As long as the market forces remain into the safety provided by the security context of the military and police forces, then the intangibles cannot shift where intelligence and wisdom can be passed on peacefully from generation to generation, because the military machine's survival consumes the goodwill into the constant "need" for conflict.
> The security context of the intangible must move from militancy to radiance. Radiance is the cultivation of personal inner justice which produces the inner peace needed for the joy of living, where conflict is not welcome to dwell.
> So to me, the joy of living versus the animal dictatorship power structures of existence are where the realm of intangibles begins. It is all a matter of contextual relatedness and relationship.
>
> Reality says that we are not about to be weened from the military machine. So therefore, vision from history and emotional intelligence are key to the assessment of intangibles, toward a possible future. That is where intangibles and sanity become partners, or not.

> That is why I viewhttp://intangibles-valuation.blogspot.com/to be so crucial in building the rails of Value-Networks and Prediction Markets within the evolution of modernization and into the movement of globalization.

> > > > > > > > > ___________________________________________________________________________&shy;_________
> > > > > > > > > Looking for a deal? Find great prices on flights and hotels with Yahoo! FareChase.http://farechase.yahoo.com/-Hidequoted text -

>
> > > - Show quoted text -
>

> ---------------------------------

[Benoit Couture]

Nikolay,

 

I'd say that each one who reads and decide is judge, but is it judges that we need at this point or collaboration of enterpreneurs before time runs out for goodwill to steer the markets into the possible future?

 

Benoit

Nikolay Kryachkov <nk...@mail.ru> wrote:

Good speech, Benoit! Indeed.

And who are the judges?

Nikolay

On Oct 11, 3:50 pm, Benoit Couture wrote:
> Nikolay,
>
> Why should you be sorry to point out to the fact that the emperor is naked and acting as if he/she was not?
>
> From the sideline, here's an attempt to touch the untouchable, since in fact, the word intangible is obviously what is not obvious.
> Economically, intangibles are the invisible components needed to be assessed for the visible to flourish, in the whole context of mutuality versus conflict, goodwill versus bad will, authenticity versus deceit.
> Intangibles are what affect the security of the tangible, so from this point of view, intangibles are the shifting ground in which the tangible is rooted.
> So the more we evolve within the confinements of our competitive comfort zone scientifically, socially, economically and politically, modernization and globalization force us all to face the gaps between rich and poor and all the challeges of conflict resolution at hand. So in that sense, intangible is the safety process of the tangible.
>
> As long as the market forces remain into the safety provided by the security context of the military and police forces, then the intangibles cannot shift where intelligence and wisdom can be passed on peacefully from generation to generation, because the military machine's survival consumes the goodwill into the constant "need" for conflict.
> The security context of the intangible must move from militancy to radiance. Radiance is the cultivation of personal inner justice which produces the inner peace needed for the joy of living, where conflict is not welcome to dwell.
> So to me, the joy of living versus the animal dictatorship power structures of existence are where the realm of intangibles begins. It is all a matter of contextual relatedness and relationship.
>
> Reality says that we are not about to be weened from the military machine. So therefore, vision from history and emotional intelligence are key to the assessment of intangibles, toward a possible future. That is where intangibles and sanity become partners, or not.
> That is why I viewhttp://intangibles-valuation.blogspot.com/to be so crucial in building the rails of Value-Networks and Prediction Markets within the evolution of modernization and into the movement of globalization.
> When it comes to economic intangibles, the initial part of the road to the immediate fututre is to go from competing to completing where we assemble the joy of living from justice and peace instead of the exploitation of corruption and violence, where the military finds its "raison d'être"!
>
> With regards,
> Benoit
>

> > > > > > > > > ___________________________________________________________________________­_________

> > > > > > > > > Looking for a deal? Find great prices on flights and hotels with Yahoo! FareChase.http://farechase.yahoo.com/-Hidequoted text -
>
> > > - Show quoted text -
>
> ---------------------------------
> Building a website is a piece of cake.
> Yahoo! Small Business gives you all the tools to get online.

---

Be a better Globetrotter. Get better travel answers from someone who knows.
Yahoo! Answers - Check it out.

[Nikolay Kryachkov]

Benoit, you pointed out the principle of Knowledge Persons

"... individually oriented and therefore every Knowledge Person has
only its own nerve center (no "wisdom of crowds", rule of majority,
etc.). Every decision is individual, but can be discussed, checked and
corrected in collaboration with others".

http://knowledgeperson.blogspot.com/2006/12/knowledge-persons-are-individuals-in.html

But there is no critical mass for collaboration. Maybe not yet :).

Nikolay

On Oct 11, 7:03 pm, Benoit Couture <benoit...@yahoo.com> wrote:
> Nikolay,
>
> I'd say that each one who reads and decide is judge, but is it judges that we need at this point or collaboration of enterpreneurs before time runs out for goodwill to steer the markets into the possible future?
>
> Benoit
>
> Nikolay Kryachkov <nk...@mail.ru> wrote:
>
> Good speech, Benoit! Indeed.
>
> And who are the judges?
>
> Nikolay
>
> On Oct 11, 3:50 pm, Benoit Couture wrote:
>
>
>
> > Nikolay,
>
> > Why should you be sorry to point out to the fact that the emperor is naked and acting as if he/she was not?
>
> > From the sideline, here's an attempt to touch the untouchable, since in fact, the word intangible is obviously what is not obvious.
> > Economically, intangibles are the invisible components needed to be assessed for the visible to flourish, in the whole context of mutuality versus conflict, goodwill versus bad will, authenticity versus deceit.
> > Intangibles are what affect the security of the tangible, so from this point of view, intangibles are the shifting ground in which the tangible is rooted.
> > So the more we evolve within the confinements of our competitive comfort zone scientifically, socially, economically and politically, modernization and globalization force us all to face the gaps between rich and poor and all the challeges of conflict resolution at hand. So in that sense, intangible is the safety process of the tangible.
>
> > As long as the market forces remain into the safety provided by the security context of the military and police forces, then the intangibles cannot shift where intelligence and wisdom can be passed on peacefully from generation to generation, because the military machine's survival consumes the goodwill into the constant "need" for conflict.
> > The security context of the intangible must move from militancy to radiance. Radiance is the cultivation of personal inner justice which produces the inner peace needed for the joy of living, where conflict is not welcome to dwell.
> > So to me, the joy of living versus the animal dictatorship power structures of existence are where the realm of intangibles begins. It is all a matter of contextual relatedness and relationship.
>
> > Reality says that we are not about to be weened from the military machine. So therefore, vision from history and emotional intelligence are key to the assessment of intangibles, toward a possible future. That is where intangibles and sanity become partners, or not.

> > That is why I viewhttp://intangibles-valuation.blogspot.com/tobe so crucial in building the rails of Value-Networks and Prediction Markets within the evolution of modernization and into the movement of globalization.

> > > > > > > > > > ___________________________________________________________________________&shy;_________
> > > > > > > > > > Looking for a deal? Find great prices on flights and hotels with Yahoo! FareChase.http://farechase.yahoo.com/-Hidequotedtext -

>
> > > > - Show quoted text -
>
> > ---------------------------------
> > Building a website is a piece of cake.
> > Yahoo! Small Business gives you all the tools to get online.
>

> ---------------------------------