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The tools they are using and how they are developing a social media strategy . The survey looked at 100 firms in the US, Europe, Asia-Pacific and Latin America and examined how these firms are using social media. The survey highlights the ways in which these firms are using social media and is also insightful in terms of the tools and platforms (Twitter, Facebook, YouTube or a corporate blog) they are using. Image by Robert S. Donovan via Flickr

Now that these production tools are within reach of small entrepreneurs, the vulture capital machine will find less entrepreneural fodder to exploit. That is a fine old Marxist phrase for the tools and plant which create value and wealth. In the post-industrial economies of the West and Asia, distribution channels acted as means of wealth creation as well: you want to make money selling books or music, for instance, well, you Excerpted from Charles Hugh Smith : “What I find radically appealing is not so much the technical aspects of desktop/workbench production of parts which were once out of financial reach of small entrepreneurs–though that revolution is the enabling technology–it is the possibility that entrepreneurs can own the means of production without resorting to vulture/bank investors/loans.