Folksonomy is the categorisation of information made by the public using a tag-system. It is a loosely-structured form of classification. By simply hashtagging a post you are using folksonomy. Each hashtag classfies the post into more groups.
Taxonomy is the opposite, it categorizes using the hierarchical method of classification. It is the formal of classification. This is done by breaking information into an organized list, usually primary and seconadry information.
The experiment: I put these two methods to the test and conducted my own experiment. First, I created an outline of the ideas that were covered in my engish coarse. These ideas were broken into primary and secondary categories, this is an example of taxonomy.
Second, I made a word cloud from a discussion board post I wrote previously. The result was very different. The cloud did not really follow a structured organizational pattern!

My opinion is that although folksonomy is more natural it is less useful in comparison to taxonomy. Philosophically, I prefer taxonomy because it helps me make sense of my information.






