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"Netocracy" is a term with two different meanings: a) in technological context "netocracy" derives from "internet" and "aristocracy" and refers to a perceived global upper-class that bases its power on a technological advantage and networking skills; b) in humanitarian context netocracy is the next level of development of democracy. This is newly emerging mode of "collaborative decision-making mechanism", based on digital technologies and up-and-coming social networks. In this case the word "netocracy" derives from "net" (web of connections) and the ancient Greek "kratos" - "rule" or "power" and is qualitative new stage of development of decision-making process. Netocracy is based on virtual global mind or global intellect, social consciousness and self-consciousness. Decisions are made in favour of society as a whole. Netocracy is self-ruling society without power elite. The next socio-economic system (i.e. after capitalism) is epistemism – knowledge based economy and collaborative decision-making mechanism. For more details see www.netocracy.org.uk. D. Tchurovsky
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