Yes, its a word. If socialism is capitalism with a floor and a ceiling, then socialnetworkism is socialism without the central planning.
In Einstein's seminal 1949 paper, "Why Socialism", he astutely points out that the real challenge to socialism is central planning, and he humbly acknowledges that he doesn't have the tools to solve the problem, leaving it to future generations. No big deal - we have the Internet, which is the decentralized planning network. We solve the problem of central planning with a decentralized social network, do you get it? The dialectic of socialism/capitalism is resolved via decentralized social networks - socialnetworkism.
Central planning is the real crux of both capitalism and socialism. In a socialist economy, it is the state that does the central planning, whereas in a capitalist economy, it is the oligarchs and their cartel monopolies that do the central planning, simply by hijacking the state. Don't take my word for it, just look around you. Here's Albert Einstein:
"Private capital tends to become concentrated in few hands, partly because of competition among the capitalists, and partly because technological development and the increasing division of labor encourage the formation of larger units of production at the expense of smaller ones. The result of these developments is an oligarchy of private capital the enormous power of which cannot be effectively checked even by a democratically organized political society. This is true since the members of legislative bodies are selected by political parties, largely financed or otherwise influenced by private capitalists who, for all practical purposes, separate the electorate from the legislature. The consequence is that the representatives of the people do not in fact sufficiently protect the interests of the underprivileged sections of the population. Moreover, under existing conditions, private capitalists inevitably control, directly or indirectly, the main sources of information (press, radio, education). It is thus extremely difficult, and indeed in most cases quite impossible, for the individual citizen to come to objective conclusions and to make intelligent use of his political rights."
Free market, online, consumer-driven socialism takes voluntary responsibility for the least among us, the voiceless, and the organism as a whole. In this case, not just humanity but all of mother earth. It does so by effectively persuading the general public to invest in the commons. And it does so on the open market, by competing online for the attention of people who want to be part of the solution. By building a social network of private nonprofits who are each highly efficient and verifiably trustworthy in their own niche, a self-regulating nonprofit collective evolves which is neither capitalist nor communist but competitively socialist, compelled by market forces to maintain optimal efficiency while remaining mission-driven to address the social issues of our time which government tries desperately to ignore. This evolving cybercollective is destined to address the issues of poverty, violence, and the environment in a manner far more appropriate, helpful, and cost-effective than government ever could. Indeed, peace and prosperity are existential threats to government. Government will never allow peace and prosperity, and social networks are destined to usher in an age of peace and prosperity in spite of intransigent government opposition. Don't laugh, it's true!
Here's a quote from Dwight Eisenhower:
"I think the people of the world want peace so bad, one of these days government is going to have to get out of the way and let them have it."
This evolving cybercollective is being born. the Asylum Project promotes it, by reframing our overstanding of the times. In the end, the market will likely reward any business entity that entertains us with the truth, or at least a potent version of it.
and the truth is - socialnetworkism. Consumer built online socialism. don't blame me, its not my idea. Its yours.
doo ba dee doo