Price
Price is a network index on underlying information that reduces complex information into something simple. It is just one way to index information, and though it gets treated as the privileged index of valuation in capitalism, it is just a political and social construct, i.e., an expression. We can design many different kinds of indices to help us navigate. Price does not capture innovation very well, as it runs only on one note. What if we could have a symphony?
Last updated