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Profit and Gift in the Digital Economy (Paperback)
Loot Price: R1,030
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Profit and Gift in the Digital Economy (Paperback)
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Our economy is neither overwhelmingly capitalist, as Marxist
political economists argue, nor overwhelmingly a market economy, as
mainstream economists assume. Both approaches ignore vast swathes
of the economy, including the gift, collaborative and hybrid forms
that coexist with more conventional capitalism in the new digital
economy. Drawing on economic sociology, anthropology of the gift
and heterodox economics, this book proposes a groundbreaking
framework for analysing diverse economic systems: a political
economy of practices. The framework is used to analyse Apple,
Wikipedia, Google, YouTube and Facebook, showing how different
complexes of appropriative practices bring about radically
different economic outcomes. Innovative and topical, Profit and
Gift in the Digital Economy focusses on an area of rapid social
change while developing a theoretically and politically radical
framework that will be of continuing long-term relevance. It will
appeal to students, activists and academics in the social sciences.
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