[p2p-research] Expanded version of: The Crisis of Value and the Ethical Economy, published by Journal of Future Studies

[Michel Bauwens]

Adam Arvidsson, Nicolai Petersen and myself (Bauwens), have jointly
published an expanded version of the Crisis of Value article for the Journal
of Future Studies <http://www.jfs.tku.edu.tw/sarticles.html>. This May 2008
issue is not yet online, so feel free to request an author's copy.

The essay was written by invitation of one of the editors, Sohail
Inayatullah <http://www.metafuture.org/articles.htm>
University of the Sunshine Coast, Australia, a futurist that I very much
admire. Managing editor Mei-Mei Song did a lot of the editing.

Here's the summary of the thesis, i.e. abstract:

This article argues that the information economy is split in two. On the one
hand, there is the traditional capitalist economy that works with monetary
incentives. This economy still handles the main part of material production:
the production of cars, shoes, computer chips, and the transportation and
maintenance of these goods. But immaterial production- the production of the
ideas, innovations, experiences and other intangibles that virtually
everybody agrees to be the most important source of value and development-
is increasingly performed by another economy that does not primarily move
according to monetary incentives. We provide a provisional analysis of the
value logic of this non-monetary, ethical economy and point at three future
scenarios in which the ethical economy challenges the hegemony of global
capitalism.

Details:

Published in: Journal of Futures Studies, May 2008, 12(4): 9 – 20. By Adam
Arvidsson, University of Milan, Italy ; Michel Bauwens, Foundation for peer
to peer alternatives, Thailand, Nicolai Peitersen Actics Ltd., UK

Archives of JFS at http://www.jfs.tku.edu.tw/sarticles.html


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