No. You should consider tags, categories and associated groups.
Folders are the 'old way' of thinking, they involve overhead to manage, and probably for a large system, require taxonomies and librarians. The world is going in a different direction, embrace categories and tags
What we are trying to do is allow people to find content using things like the social connections, social search, the Recommender, Trending Content, Spotlight Search etc - there is much less need for location - at least within a container.
Just try to 'go around' the road block to the actual users who will 'get it' even if there is someone in your way who can sense that their job has just vanished. You probably need to ask them to help you setup the 'new way' so that they have something new to be an advocate for
Thank you John.
"We have to lead for the benefit of others"
Sent from BlackBerry device
Please excuse brevity and typo errors.
You can use Categories in social groups, which are basically equivalent to single-level folders.