Friday, 29 July 2016

Profit and Gift in the Digital Economy: extract from chapter 10

This text, from the closing pages of the book, calls for a different kind of economy: an evolving diverse economy with more space for gift and alternative forms, and much less for the more oppressive forms of capitalism. If they are successful, books like this one form part of a spiral in which political arguments and political movements influence each other and develop iteratively.

Monday, 25 July 2016

Profit and Gift in the Digital Economy: extract from chapter 5

My second extract from Profit and Gift in the Digital Economy discusses the concept of a complex of appropriative practices. It contrasts various applications of the concept with Marxist approaches to capitalism as a mode of production (which are criticised more directly in chapter 3):

The most significant economic forms are not defined by single appropriative practices. Rather, they are interacting complexes of them. Thus, for example, the pursuit of capital accumulation by the employment of wage labour to produce commodities, which I shall call canonical capitalism (due to its role in Marx’s system) is a complex that combines at least three practices: capital accumulation, wage labour and commodity production. 
Canonical capitalism. Source: Wikimedia Commons (Rcragun)