Feudal Capitalism And The Innovation Economy

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Feudal Capitalism and the Innovation Economy

Jon-Arild Johannessen
Feudal Capitalism and the Innovation Economy Book PDF

Author : Jon-Arild Johannessen
Publisher : Taylor & Francis
Page : 281 pages
File Size : 47,9 Mb
Release : 2023-06-05
Category : Business & Economics
ISBN : 9781000886238

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Feudal Capitalism and the Innovation Economy by Jon-Arild Johannessen Pdf

In feudal society, it was the few at the top who laid the ground for what was produced, how it was produced and how it was distributed. Freedom was restricted, and people were kept in their place by institutional structures. In capitalism, the focus is on free markets, free trade, and a personal freedom, where self-interest is assumed to lead to progress for the collective good. In today’s world, there is a move towards algorithmic capitalism at the micro-level, platform capitalism at the meso-level, and feudal capitalism at the macro-level. This is the new and innovative concept developed in this book. The author argues that feudal capitalism is distinct but linked to the innovation economy, and represents an interconnection between the organization of feudal society and central aspects of capitalism. Additionally, he asserts that the balance between feudal capitalism and a reinvented, sustainable capitalism based on the innovation economy, can help restore the moral compass lost in the evolution of global capitalism. The key argument of the book is that even if we see a development towards feudal capitalism, a more just and moral capitalism can be restored through various social mechanisms such as changes in the institutional framework, the development of a balanced form of globalization and re-establishing social cohesion and equality of opportunity. Further, the book offers policy interventions to support this idea. The book will find an audience among scholars and researchers of political economy, political theory, economic history, management, AI and ethics, philosophy and automation, inequality and equality of opportunity

Doing Capitalism in the Innovation Economy

William H. Janeway
Doing Capitalism in the Innovation Economy Book PDF

Author : William H. Janeway
Publisher : Unknown
Page : 465 pages
File Size : 44,9 Mb
Release : 2018-05-17
Category : Business & Economics
ISBN : 9781108471275

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Doing Capitalism in the Innovation Economy by William H. Janeway Pdf

Shows how the digital revolution, sponsored by government and funded by speculation, now challenges the authority and legitimacy of the state.

Automation, Capitalism and the End of the Middle Class

Jon-Arild Johannessen
Automation Capitalism and the End of the Middle Class Book PDF

Author : Jon-Arild Johannessen
Publisher : Routledge
Page : 70 pages
File Size : 42,9 Mb
Release : 2019-04-18
Category : Business & Economics
ISBN : 9781000020342

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Automation, Capitalism and the End of the Middle Class by Jon-Arild Johannessen Pdf

In this book, the author argues that a new form of capitalism is emerging at the threshold of the Fourth Industrial Revolution. He asserts that we are in the midst of a transition from democratic capitalism to feudal capitalism and highlights how robotization and innovation is leading to a social crisis for the middle classes as economic inequality is on the rise. Johannessen outlines the three elements – Balkanization, the Great Illusion, and the plutocracy – which are referred to here as feudal structures. He describes, analyzes, and discusses these elements both individually and in interaction with each other, and asks: "What structures and processes are promoting and boosting feudal capitalism?" Additionally, the book serves to generate knowledge about how the middle class will develop in the Fourth Industrial Revolution. It shows the various effects of robotization on the middle class, where middle class jobs are transformed, deconstructed, and re-constructed and new part-time jobs are created for the middle class. Given the interest in the Fourth Industrial Revolution, the book will appeal to students of economic sociology and political economy as well as those in innovation and knowledge management courses focusing upon the emerging innovation economy. The topic will attract policymakers, and the accessible and engaging tone will also make the book of interest to the general public.

Doing Capitalism in the Innovation Economy

William H. Janeway
Doing Capitalism in the Innovation Economy Book PDF

Author : William H. Janeway
Publisher : Unknown
Page : 329 pages
File Size : 43,6 Mb
Release : 2012
Category : Capitalism
ISBN : 1139780069

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Doing Capitalism in the Innovation Economy by William H. Janeway Pdf

"The innovation economy begins with discovery and culminates in speculation. Over some 250 years, economic growth has been driven by successive processes of trial and error: upstream exercises in research and invention and downstream experiments in exploiting the new economic space opened by innovation. Drawing on his professional experiences, William H. Janeway provides an accessible pathway for readers to appreciate the dynamics of the innovation economy. He combines personal reflections from a career spanning forty years in venture capital, with the development of an original theory of the role of asset bubbles in financing technological innovation and of the role of the state in playing an enabling role in the innovation process. Today, with the state frozen as an economic actor and access to the public equity markets only open to a minority, the innovation economy is stalled; learning the lessons from this book will contribute to its renewal"--

Capitalism, Power and Innovation

Cecilia Rikap
Capitalism Power and Innovation Book PDF

Author : Cecilia Rikap
Publisher : Routledge
Page : 279 pages
File Size : 47,8 Mb
Release : 2021-03-29
Category : Business & Economics
ISBN : 9781000368758

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Capitalism, Power and Innovation by Cecilia Rikap Pdf

In contemporary global capitalism, the most powerful corporations are innovation or intellectual monopolies. The book’s unique perspective focuses on how private ownership and control of knowledge and data have become a major source of rent and power. The author explains how at the one pole, these corporations concentrate income, property and power in the United States, China, and in a handful of intellectual monopolies, particularly from digital and pharmaceutical industries, while at the other pole developing countries are left further behind. The book includes detailed empirical mappings of how intellectual monopolies develop and transform knowledge from universities and open-source collaborations into intangible assets. The result is a strategy that combines undermining the commons through privatization with harvesting from the same commons. The book ends with provoking reflections to tilt the scale against intellectual monopoly capitalism and arguing that desired changes require democratic mobilization of workers and citizens at large. This book represents one of the first attempts to capture the contours of an emerging new era where old perspectives lead us astray, and the old policy toolbox is hopelessly inadequate. This is true for the idea that the best, or only, way to promote innovation is to transform knowledge into private property. It is also true for anti-trust policies focusing exclusively on consumer prices. The formation of global infrastructures that lead to natural monopolies calls for public rather than private ownership. Scholars and professionals from the social sciences and humanities (in particular economics, sociology, political science, geography, educational science and science and technology studies) will enjoy a clear and all-embracing depiction of innovation dynamics in contemporary capitalism, with a particular focus on asymmetries between actors, regions and topics. In fact, its topical issue broadens the book’s scope to those curious about how innovation networks shape our world.

Deglobalization

Jon-Arild Johannessen
Deglobalization Book PDF

Author : Jon-Arild Johannessen
Publisher : Taylor & Francis
Page : 207 pages
File Size : 52,6 Mb
Release : 2023-12-18
Category : Business & Economics
ISBN : 9781003823124

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Deglobalization by Jon-Arild Johannessen Pdf

The emerging conflict between the US and China has an inherent tendency towards a development of deglobalization. It is the historical prerequisites for this deglobalization that are examined in this book. These assumptions are largely based on what is termed the second wave of globalization, based on increasing technological competition between the US and China, as well as China's expansion along the New Silk Road. In this book, the author makes a distinction between the Old Globalization and the New Globalization. The Old Globalization was characterized by competition over costs in general and wage costs in particular, while the New Globalization is categorized by new competencies and skills, especially technological capabilities and technological innovations. The second wave, which is driven by technological innovations, lays the foundation for a counter-strategy on the part of the US to stem the Chinese technological expansion. It is this new strategy that confines the second wave of globalization from China and lays the foundation for deglobalization. The book analyses US-China relations from a fresh perspective, namely a systemic thinking approach. The focus is the emerging innovation economy, which leads to tension and deglobalization. The book is grounded in evolutionary economics and uses conceptual generalization in its descriptions, analysis, theoretical reflections, and real-world cases. The key message is that the economy of the future will be characterized by coordinated wave movements: economic growth mainly controlled by private capital alternating with economic downturns that necessitate collective solutions and government interventions.The book offers policy suggestions, which include promoting effective macroeconomic policies, and extending microeconomic cooperation schemes, related to the innovation economy.

Innovation, Automation and a Sustainable Economy

Jon-Arild Johannessen
Innovation Automation and a Sustainable Economy Book PDF

Author : Jon-Arild Johannessen
Publisher : Taylor & Francis
Page : 155 pages
File Size : 50,9 Mb
Release : 2024-04-03
Category : Business & Economics
ISBN : 9781040008744

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Innovation, Automation and a Sustainable Economy by Jon-Arild Johannessen Pdf

Economic inequality, the environmental crisis and the climate crisis are systemically linked. Accordingly, they should be understood as a single, interconnected system and strategies for resolving them should be guided by this understanding. This book demonstrates how the Green New Deal and its systemic alternative, the Red New Deal, could influence the course of these three global crises, all within the context of the Fourth Industrial Revolution. The author has developed several scenarios that are relevant to the automation that will result from advances in artificial intelligence and intelligent robots. The first is one of mass unemployment, while the second envisages low rates of unemployment, although workers will experience stagnation and then a decline in their wages. It is possible to envisage a different set of scenarios; however, we must replace the capitalist economic model with a different model: mutualism, a sustainable model that would allow for economic growth while also addressing the three current systemic crises. The author argues that if such a model is implemented, there will be jobs for everyone and the climate crisis will be tackled because people’s welfare will be prioritized over profit. We can assert that such a model will foster the development of economic equality. The basic premise of this mutual and sustainable economic model is that sustainability is in everyone’s interests. The book employs not only established and innovative methods, such as literature reviews, scenario thinking and historical methods, to underpin its arguments, but also conceptual generalization as an intellectual tool to tackle the general research problem; thus, it will be an invaluable resource for scholars and students of sustainability and the innovation economy.

The History of Capitalism in Mexico

Enrique Semo
The History of Capitalism in Mexico Book PDF

Author : Enrique Semo
Publisher : Unknown
Page : 240 pages
File Size : 49,9 Mb
Release : 1993
Category : Business & Economics
ISBN : STANFORD:36105002281769

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The History of Capitalism in Mexico by Enrique Semo Pdf

What lies at the center of the Mexican colonial experience? Should Mexican colonial society be construed as a theoretical monolith, capitalist from its inception, or was it essentially feudal, as traditional historiography viewed it? In this pathfinding study, Enrique Semo offers a fresh vision: that the conflicting social formations of capitalism, feudalism, and tributary despotism provided the basic dynamic of Mexico's social and economic development. Responding to questions raised by contemporary Mexican society, Semo sees the origin of both backwardness and development not in climate, race, or a heterogeneous set of unrelated traits, but rather in the historical interaction of each social formation. In his analysis, Mexico's history is conceived as a succession of socioeconomic formations, each growing within the "womb" of its predecessor. Semo sees the task of economic history to analyze each of these formations and to construct models that will help us understand the laws of its evolution. His premise is that economic history contributes to our understanding of the present not by formulating universal laws, but by studying the laws of development and progression of concrete economic systems. The History of Capitalism in Mexico opens with the Conquest and concludes with the onset of the profound socioeconomic transformation of the last fifty years of the colony, a period clearly representing the precapitalist phase of Mexican development. In the course of his discussion, Semo addresses the role of dependency--an important theoretical innovation--and introduces the concept of tributary despotism, relating it to the problems of Indian society and economy. He also provides a novelexamination of the changing role of the church throughout Mexican colonial history. The result is a comprehensive picture, which offers a provocative alternative to the increasingly detailed and monographic approach that currently dominates the writing of history. Originally published as Historia del capitalismo en Mexico in 1973, this classic work is now available for the first time in English. It will be of interest to specialists in Mexican colonial history, as well as to general readers.

China's Innovation Economy

Jon-Arild Johannessen
China s Innovation Economy Book PDF

Author : Jon-Arild Johannessen
Publisher : Routledge
Page : 181 pages
File Size : 50,8 Mb
Release : 2021-09-30
Category : Business & Economics
ISBN : 9781000454826

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China's Innovation Economy by Jon-Arild Johannessen Pdf

Two trends will have more influence than anything else on the world’s future political and economic situation: the development of artificial intelligence and the emergence of China as a competitor to the United States on the international stage. This book is about the emerging innovation economy. It uses systems theory and evolutionary economics as a theoretical point of departure and explains why the focal point of the geopolitical stage is moving away from the alliance between the United States and Europe, and towards an alliance between China, the 14 Regional Comprehensive Economic Partnership countries, the countries along the new silk road, and Europe. The book argues that the globalization strategy of neoliberalism laid the foundation for the Chinese economic engine. Whereas the old globalization was driven by cost differences generally, and wage costs specifically, the new globalization is driven by divergence in competence in general, and technological competence in particular, and China’s primary goal is to develop artificial intelligence and intelligent robots. Further, the book posits that the interactions between the climate crisis and the new technology will change production, distribution and the creation of profits, both in China and more widely in the global innovation economy. The book develops a structure to describe, analyze and explain the Chinese innovation economy and contributes to the discussion regarding technological developments in China. The book is written for readers who are oriented towards the new globalization that is emerging in the innovation economy and the factors driving China's economic growth.

Doing Capitalism in the Innovation Economy

William H. Janeway
Doing Capitalism in the Innovation Economy Book PDF

Author : William H. Janeway
Publisher : Cambridge University Press
Page : 345 pages
File Size : 47,9 Mb
Release : 2012-10-08
Category : Business & Economics
ISBN : 9781139789905

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Doing Capitalism in the Innovation Economy by William H. Janeway Pdf

The innovation economy begins with discovery and culminates in speculation. Over some 250 years, economic growth has been driven by successive processes of trial and error: upstream exercises in research and invention and downstream experiments in exploiting the new economic space opened by innovation. Drawing on his professional experiences, William H. Janeway provides an accessible pathway for readers to appreciate the dynamics of the innovation economy. He combines personal reflections from a career spanning forty years in venture capital, with the development of an original theory of the role of asset bubbles in financing technological innovation and of the role of the state in playing an enabling role in the innovation process. Today, with the state frozen as an economic actor and access to the public equity markets only open to a minority, the innovation economy is stalled; learning the lessons from this book will contribute to its renewal.

Knowledge Management for Leadership and Communication

Jon-Arild Johannessen
Knowledge Management for Leadership and Communication Book PDF

Author : Jon-Arild Johannessen
Publisher : Emerald Group Publishing
Page : 116 pages
File Size : 52,6 Mb
Release : 2020-03-11
Category : Business & Economics
ISBN : 9781839820441

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Knowledge Management for Leadership and Communication by Jon-Arild Johannessen Pdf

With the establishment of the innovation economy, the Fourth Industrial Revolution is becoming a reality. As this occurs, new forms of leadership arise, generated by the interaction between leadership functions and neurology. This innovative book asks the question: what are the key value creation processes in the innovation economy?

The Cambridge History of Capitalism

Larry Neal,Jeffrey G. Williamson
The Cambridge History of Capitalism Book PDF

Author : Larry Neal,Jeffrey G. Williamson
Publisher : Cambridge University Press
Page : 628 pages
File Size : 48,6 Mb
Release : 2014-01-23
Category : Business & Economics
ISBN : 110701963X

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The Cambridge History of Capitalism by Larry Neal,Jeffrey G. Williamson Pdf

The first volume of The Cambridge History of Capitalism provides a comprehensive account of the evolution of capitalism from its earliest beginnings. Starting with its distant origins in ancient Babylon, successive chapters trace progression up to the 'Promised Land' of capitalism in America. Adopting a wide geographical coverage and comparative perspective, the international team of authors discuss the contributions of Greek, Roman, and Asian civilizations to the development of capitalism, as well as the Chinese, Indian and Arab empires. They determine what features of modern capitalism were present at each time and place, and why the various precursors of capitalism did not survive. Looking at the eventual success of medieval Europe and the examples of city-states in northern Italy and the Low Countries, the authors address how British mercantilism led to European imitations and American successes, and ultimately, how capitalism became global.

Decentralized Autonomous Organizations

Sven Van Kerckhoven,Usman W. Chohan
Decentralized Autonomous Organizations Book PDF

Author : Sven Van Kerckhoven,Usman W. Chohan
Publisher : Taylor & Francis
Page : 207 pages
File Size : 44,8 Mb
Release : 2024-04-30
Category : Business & Economics
ISBN : 9781040026113

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Decentralized Autonomous Organizations by Sven Van Kerckhoven,Usman W. Chohan Pdf

Decentralized Autonomous Organizations (DAOs) constitute a comparatively novel area in academic research and scholarship, but the budding interest in this category of digital and algorithmic organization across various disciplines provides an indication of the possibilities that DAOs wield in terms of informing and advancing our understanding of the potentialities of the digital economy's forthcoming iterations. It also points towards practical use cases to solve problems that the increasing decentralization and amorphization of the structures of the digital economy portend. At the same time, DAOs are afflicted by various strands of skepticism that are attributable to their vulnerabilities, subjacent hype, ultimate purpose, and usefulness. This skepticism also requires scholarly attention and careful study through multidisciplinary perspectives, as further research may come to either dispel or confirm the array of concerns that continue to loom large about DAOs as technological, governance, societal, and economic instruments in the future. With all this in mind, the aim of this book is to offer multiple studied perspectives that explore DAOs from a variety of perspectives across several disciplinary prisms. It does not seek simply to weigh the balance of DAO's merits and demerits, but rather to conceive, appreciate, and discover various elements of ultimate import to DAOs over their future evolutionary course. Drawing upon the insights of interdisciplinary subject matter experts, this book allows for a holistic enquiry into the role, potential and limitations of DAOs. The book will thus be of interest to a multidisciplinary audience of scholars in organizational studies, computer science, economics, sociology of technology, philosophy, law, and the governance of innovation.

The Fourth Industrial Revolution and the Labour Market

Jon-Arild Johannessen
The Fourth Industrial Revolution and the Labour Market Book PDF

Author : Jon-Arild Johannessen
Publisher : Taylor & Francis
Page : 126 pages
File Size : 44,5 Mb
Release : 2023-09-15
Category : Business & Economics
ISBN : 9781000958317

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The Fourth Industrial Revolution and the Labour Market by Jon-Arild Johannessen Pdf

The innovation economy is the driver for the development of the Fourth Industrial Revolution and consequently, there is a growing focus on innovation in general and technological innovation in particular. In this context, there is much to suggest that it is the triple impact of artificial intelligence, big data and 5G- and 6G networks that will go beyond the limits of existing competence. This book is about the new competence that is emerging in the wake of artificial intelligence and intelligent robots. It explains how these two technologies are completely fundamental to what is known as the Fourth Industrial Revolution. The author argues that artificial intelligence will promote automation, which will reduce wages rather than increase unemployment statistics. The book posits that when the utility value of technology and the rate of dissemination of technology is high, people who have the necessary competence will both future-proof their jobs in the labour market and also be among the highest-paid workers in the new economy that is emerging from the innovation economy. Further, by making education more compatible with new technology will enable graduates to access more secure and better paid jobs, and all behavioural fields related to new technology will flourish because they can be used in many contexts to steer people’s behaviour in certain directions through the integration of big data and artificial intelligence. The book employs the following scholarly methods: conceptual generalization, scenario-based thinking and historical economic methodology, thus it will be of particular benefit to academic scholars, researchers and graduate students who are concerned with the impact of the fourth industrial revolution on the labour market.

Responsible Industry 4.0

David Mhlanga
Responsible Industry 4 0 Book PDF

Author : David Mhlanga
Publisher : Taylor & Francis
Page : 283 pages
File Size : 49,6 Mb
Release : 2023-11-13
Category : Business & Economics
ISBN : 9781000994407

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Responsible Industry 4.0 by David Mhlanga Pdf

The growth of digital technologies and Artificial Intelligence (AI) has the potential to increase global wealth and tackle some of the world's most serious problems, including economic marginalization. In contrast, these innovations may contribute to widening economic gaps and potentially threaten the stability of democratic governments. Changes in economic growth and distribution are occurring in both developed and developing countries due to the impact that new technologies are having on businesses and the workplace. This book provides answers to the question of whether the technologies of the Fourth Industrial Revolution, such as Artificial Intelligence, will lead to greater economic uncertainty, environmental collapse, and social unrest or whether they will help achieve shared prosperity and sustainable development, and successively the Sustainable Development Goals (SDGs). The book focuses on Human-centered Artificial Intelligence (AI) and the responsible deployment of diverse technologies for achieving sustainable development. It examines why the human-centred approach is so crucial to long-term success. It underlines the definition of human-centred AI and its importance in creating sustainability and resilience. It starts with a comprehensive history of the Fourth Industrial Revolution, details how to produce artificial intelligence that is centred on humans in order to accomplish sustainable development in the era of the Fourth Industrial Revolution, and then goes on to discuss the need for proper management and governance of emerging technologies. The book ends by presenting a framework that will assist stakeholders in employing AI in a human-centred manner to achieve the sustainable development goals set for 2030. The book will appeal to scholars, academics and researchers interested in information linked to the SDGs, AI and industry 4.0.