The goal of Knowledge Capitalism is to design mechanisms that maximize aggregate knowledge liquidity—the ease with which knowledge flows to where it creates value.

A new form of capital is crystallizing: knowledge capital—the stock of actionable intelligence that generates ongoing returns through application and licensing.

Knowledge realizes value across a spectrum of economic forms.

When cognitive actors connect through the network interface, they form systems that exhibit emergent properties beyond any individual's contribution.

Cognitive actors cannot coordinate through knowledge alone—they require shared belief systems that align expectations and communication channels that maintain alignment.

Knowledge cannot traverse networks without context—the edges between cognitive actors are not neutral conduits but active shapers of meaning.

Exploration—through action, inquiry, or search—is how cognitive actors expand what they know.

Intelligence operates at the boundary between knowing-that and knowing-how, expanding knowledge through structured iteration.

Cognitive actors—both humans and artificial intelligence systems—are the fundamental units of agency in knowledge systems.

Knowledge becomes actionable through the agency interface—the beliefs we hold and the frameworks we use to make sequential decisions.

Among all the vessels humanity has invented to carry knowledge across time and space, language remains the most versatile.

Knowledge is not mere information—it is information that enables effective action.