The Network Economy
New role of Culture in Economics
Implications for the nature of
Markets, Property & Ownership
Creativity & Work
Commons & Ecology
Implications for Participation &
Democracy
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Network Economy - Environmental Economics - Lecture Slides, Slides of Environmental Economics
This lecture is from Environmental Economics. Key important points are: Network Economy, Culture in Economics, Property and Ownership, Creativity and Work, Commons and Ecology, Implications For Participation, Redefining Wealth, Money and Material, Mcluhan On Technology, Human Senses
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2012/2013
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The Network Economy
New role of Culture in Economics
Implications for the nature of
Markets, Property & Ownership
Creativity & Work
Commons & Ecology
Implications for Participation &
Democracy
Redefining Wealth
Quantitative:
Money & Material
Accumulation
Qualitative:
Well-being
Regeneration
Questions
- Is capitalism an intrinsically material- based and scarcity-based system?
- How does information redefine property?
- How do we support or remunerate culture-based production?
- What is the appropriate balance of commercial & non-market production in the economy?
- Does ‘globalization’ of information require economic globalization?
Related Questions
- Who are corporate allies in the quest to free up culture flows?
- What business models can tolerate non-proprietary information?
- What are possible negative impacts of mass collaboration?
- What are the implications for university research & education? - ...for adult education? - ...for community development?
The Rise of Information
- Science followed technology: Electricity: 1 st science-based development
- Herman Hollerith: punch-card tabulator: 1890 census - allowed big businesses to process information much quicker - customers, finances, employees, supply chains, inventories
- Dismantling of power generation: paralleled the creation of departments for data processing
- Rise of bureaucracy and white-collar work
Grids: Electrical & Informational
Historical parallels in development of the electric power grid & the emerging information grid:
- early manufacturers had to be energy producers with generation hardware on site - Insull & the power grid separated generation from use.
- today we maintain our separate computer hardware & software—a tremendous source of e-waste. - Cloud computing (the World Wide Computer) offers opportunities to do more with less.
Work (Creativity) in the Info Economy
- a growing proportion of work is involved in the production of “ meaning & value ” - ...including old forms of “manual” work (e.g. construction, landscaping) that now involve deeper eco-knowledge
- a break from the historic role of worker as cog in the Megamachine
- the decline of bureaucracy
- people as means & ends of ‘development’; inversion of ‘investment-consumption’ relationship
- all-round human development: underlying basis for “ creative class ” economy: freedom & individuation.
N.B.: The overwhelming portion of ecological development—green building, permaculture, renewable energy, eco-industrial networks, reuse-based waste management etc.--all require greater knowledge
Commons in the Info Economy
- Sharing & conservation: key role of design.
- Sharing: flip side of the new importance of creativity.
- Green goods and info goods as “ public goods ”, not easily served by market exchange.
- Key struggles today: over control of the Commons—the “2 nd^ Enclosure”
Brand: “Information wants to be free!” Daly: “Trade recipes, not cookies.”
Rules for the New Electronic
Commons
“...battle over the institutional ecology of the
digital environment”
Dangers inherent in the
Emergent Network Economy
- New forms of centralization for
profit & social control
- The end of privacy
- Techno-apartheid
- Self-alienation and –
brainwashing: “consumer- generated content”