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Author: Roberto Mangabeira Unger
Publisher: Verso Books
ISBN: 178873498X
Category : Political Science
Languages : en
Pages : 305
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Book Description
Revolutionary account of the transformative potential of the knowledge economy Adam Smith and Karl Marx recognized that the best way to understand the economy is to study the most advanced practice of production. Today that practice is no longer conventional manufacturing: it is the radically innovative vanguard known as the knowledge economy. In every part of the production system it remains a fringe excluding the vast majority of workers and businesses. This book explores the hidden nature of the knowledge economy and its possible futures. The confinement of the knowledge economy to these insular vanguards has become a driver of economic stagnation and inequality throughout the world. Traditional mass production has stopped working as a shortcut to economic growth. But the alternative—a deepened and socially inclusive form of the knowledge economy—continues to lie beyond reach in even the richest countries. The shape of contemporary politics on both the left and the right reflects a failure to come to terms with this dilemma and to overcome it. Unger explains the knowledge economy in the truncated and confined form that it has today and proposes the way to a knowledge economy for the many: changes not just in economic institutions but also in education, culture, and politics. Just as Smith and Marx did in their time, he uses an understanding of the most advanced practice of production to rethink both economics and the economy as a whole.
Author: Roberto Mangabeira Unger
Publisher: Verso Books
ISBN: 178873498X
Category : Political Science
Languages : en
Pages : 305
Get Book Here
Book Description
Revolutionary account of the transformative potential of the knowledge economy Adam Smith and Karl Marx recognized that the best way to understand the economy is to study the most advanced practice of production. Today that practice is no longer conventional manufacturing: it is the radically innovative vanguard known as the knowledge economy. In every part of the production system it remains a fringe excluding the vast majority of workers and businesses. This book explores the hidden nature of the knowledge economy and its possible futures. The confinement of the knowledge economy to these insular vanguards has become a driver of economic stagnation and inequality throughout the world. Traditional mass production has stopped working as a shortcut to economic growth. But the alternative—a deepened and socially inclusive form of the knowledge economy—continues to lie beyond reach in even the richest countries. The shape of contemporary politics on both the left and the right reflects a failure to come to terms with this dilemma and to overcome it. Unger explains the knowledge economy in the truncated and confined form that it has today and proposes the way to a knowledge economy for the many: changes not just in economic institutions but also in education, culture, and politics. Just as Smith and Marx did in their time, he uses an understanding of the most advanced practice of production to rethink both economics and the economy as a whole.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: Margaret C. Jacob
Publisher: Cambridge University Press
ISBN: 1107661005
Category : History
Languages : en
Pages : 269
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Book Description
Ever since the Industrial Revolution debate has raged about the sources of the new, sustained western prosperity. Margaret Jacob here argues persuasively for the critical importance of knowledge in Europe's economic transformation during the period from 1750 to 1850, first in Britain and then in selected parts of northern and western Europe. This is a new history of economic development in which minds, books, lectures and education become central. She shows how, armed with knowledge and know-how and inspired by the desire to get rich, entrepreneurs emerged within an industrial culture wedded to scientific knowledge and technology. She charts how, across a series of industries and nations, innovative engineers and entrepreneurs sought to make sense and a profit out of the world around them. Skilled hands matched minds steeped in the knowledge systems new to the eighteenth century to transform the economic destiny of western Europe.
Author: Fritz Machlup
Publisher: Princeton University Press
ISBN: 9780691003566
Category : Business & Economics
Languages : en
Pages : 440
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Book Description
The Production and Distribution of Knowledge in the United States marked the beginning of the study of our postindustrial information society. Austrian-born economist Fritz Machlup had focused his research on the patent system, but he came to realize that patents were simply one part of a much bigger "knowledge economy." He then expanded the scope of his work to evaluate everything from stationery and typewriters to advertising to presidential addresses--anything that involved the activity of telling anyone anything. The Production and Distribution of Knowledge in the United States then revealed the new and startling shape of the U.S. economy. Machlup's cool appraisal of the data showed that the knowledge industry accounted for nearly 29 percent of the U.S. gross national product, and that 43 percent of the civilian labor force consisted of knowledge transmitters or full-time knowledge receivers. Indeed, the proportion of the labor force involved in the knowledge economy increased from 11 to 32 percent between 1900 and 1959--a monumental shift. Beyond documenting this revolution, Machlup founded the wholly new field of information economics. The transformation to a knowledge economy has resonated throughout the rest of the century, especially with the rise of the Internet. As two recent observers noted, "Information goods--from movies and music to software code and stock quotes--have supplanted industrial goods as the key drivers of world markets." Continued study of this change and its effects is testament to Fritz Machlup's pioneering work.
Author: Dale Neef
Publisher: Routledge
ISBN: 113601425X
Category : Business & Economics
Languages : en
Pages : 243
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Book Description
It is said that a little knowledge is a dangerous thing. It is a time honored cautionary statement that has suddenly acquired a new urgency. A little knowledge is dangerous, because as a force for dramatic change, knowledge today is revolutionary. More is known and being learned everyday than was ever known or learned before. As a direct result, the pace of change-and that means change in the sense of everything from business to economics, science, medicine, and politics-is beginning to accelerate much more rapidly than ever before in mankind's history. The purpose of this book then is twofold. First it is to provide a broader case for action for knowledge management-to explain what it is, why it has come about and why it is important. In this regard, we take a step back and try to understand the root causes behind the knowledge management techniques are very different, and in many ways more important, than the sort of process or productivity improvement techniques we have dealt with before. "Brains, not brawn. The success of countries, companies and people in the next century will depend on what they know and how clever they are at using this knowledge. Dale Neef has given us the best outline yet of the forces behind this extraordinary change in the world economy, the threats and opportunities we all face, and the prizes that await the winners." -Hamish McRae, author, The World in 2020, Associate editor, "The Independent", London "Dale Neef has produced a singular achievement: a book which lucidly explains the powerful driving role being played by knowledge in the emerging global economy. He provides a penetrating, all-too-rare trans-national perspective which highlights in a highly readable manner the historical, social and technological context within which this revolution is taking place. In doing so, he has stripped away the hype and jargon with which many knowledge management "experts" have clouded this structural change in the global economy. Mr. Neef offers a fascinating array of facts to support his explanations and goes on to discuss the implications of these developments for managers, for companies and for national governments. This book is a must-read for anyone actively engaged in global business today." -Jon Lowe, Former U.S. Deputy Assistant Secretary of Labor "A Little Knowledge Is a Dangerous Thing provides a very comprehensive view of the impact that the knowledge revolution on our 21st Century society. The economic dislocations that Dale Neef describes are already taking place, creating the prospect that large segments of our population may not have the skills for sustainable employment in the future. The implications of these events on the social and political fabric of our country give one great pause for reflection and concern." -William R. Brody, President, The Johns Hopkins University "Once again, Dale Neef combines just the right amounts of theory, academia and practical business experience to write a truly insightful book. In his consulting work, Mr. Neef's broad business, cultural and educational background has allowed him to analyze problems from a rich variety of perspectives. In this book, he artfully applies this skill to Knowledge Management." -James R. Breakey, Senior Vice President, Chief Information Officer, Green Tree Financial Corporation "This book is full of facts... that we need to understand if we are to draw critical conclusions about how the knowledge economy is impacting our businesses and our lives. Neef provides us with a broad perspective, concentrating not just on the US, but including insightful comparisons with Canada and Europe as well as many developing countries. The numbers provide an eye opening look at what has changed and what is changing in the knowledge economy...It is a book that challenges our thinking and ...provides a much needed conceptual framework to guide the actions organizations will need to take in the knowledge economy." -Nancy M. Dixon, Associate Professor of Administrative Sciences, The George Washington University "Leveraging employee knowledge has become a strategic necessity for all "high road" companies, and organizations must optimize knowledge management techniques in the new global economy. Ford understands the need to capitalize on the knowledge of our employees in order to improve our business and enhance shareholder value in what is now a knowledge-based, global economy." -Dar Wolford, Ford Manager, Best Practice Replication
Author: John J. Sarno
Publisher: AuthorHouse
ISBN: 1438946171
Category : Business & Economics
Languages : en
Pages : 376
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Book Description
The most profound social and economic transformation over the last quarter century has been how knowledge and intellectual assets have supplanted physical labor in rearranging work and organizations. Competition for high-paying, knowledge-intensive jobs has become fierce, as corporations seek out the best talent for the cheapest price. Knowledge-intensive work is the key to long term success. A new nationalism seems irrelevant considering that America's well being is inextricably linked to the rest of the world. A purpose-driven life seems unattainable given lifestyles built on brand loyalty. Innovation seems an illusion given massive job de-skilling and outsourcing. In post-civil rights America, people who believe themselves most free are most enslaved. Such are the perils of prosperity.
Author: Mauro Giorgio Marrano
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Despite the apparent importance of the “knowledge economy,” U.K. macroeconomic performance appears unaffected: investment rates are flat, and productivity has slowed. We investigate whether measurement issues might account for this puzzle. The standard National Accounts treatment of most spending on “knowledge” or “intangible” assets is as intermediate consumption. Thus they do not count as either GDP or investment. We ask how treating such spending as investment affects some key macro variables, namely, market sector gross value added (MGVA), business investment, capital and labor shares, growth in labor and total factor productivity (TFP), and capital deepening. We find: (a) MGVA was understated by about 6 percent in 1970 and 13 percent in 2004; (b) instead of the business investment/MGVA ratio falling since 1970 it has been rising; (c) instead of the labor share being flat since 1970 it has been falling; (d) growth in labor productivity and capital deepening has been understated and growth in TFP overstated; and (e) TFP growth has not slowed since 1990 but has been accelerating.
Author: Agustín Lage Dávila
Publisher: NYU Press
ISBN: 1685900445
Category : Political Science
Languages : en
Pages : 173
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Book Description
Examines Cuba’s approach to scientific research, and distinguishes it from that of capitalist societies “Cuba's future must, by necessity, be a future of scientists,” Fidel Castro proclaimed in 1960. As Agustín Lage Dávila shows in this pathbreaking book, Cuba has in fact become a global leader in both the generation and application of scientific knowledge—as demonstrated by its ubiquitous production of socially useful products, from vaccines and medicines, to organic food. Speaking from his position as a noted Cuban immunologist, Dr. Lage shows how Cuba achieved such prominence, positing that the training of its scientists, their scientific practices, and their relationships with the Cuban people are intimately connected to the socialist culture that derived from the Cuban Revolution. Lage offers clearly written and easily understood answers to questions critical to the very survival of humanity. Why is culture critical to science? What distinguishes Cuba’s socialist culture from that of capitalist societies? What are the social responsibilities of scientists? How has Cuba made such incredible scientific advances in the face of the brutal and illegal U.S. blockade? How can a country like Cuba earn needed foreign exchange through the sale of its knowledge-intensive products to countries in the Global North while maintaining its ethical, socialist ideals? Lage’s interrogation of these questions will be of interest to scientists and economic planners around the world, to all those struggling for a better world–and, no doubt, even to those corporations competing with Cuba in global markets.
Author: Peter Drahos
Publisher: Routledge
ISBN: 1351562835
Category : Political Science
Languages : en
Pages : 280
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Book Description
New intellectual property regimes are entrenching new inequalities. Access to information is fundamental to the exercise of human rights and marketplace competition, but patents are being used to lock up vital educational, software, genetic and other information, creating a global property order dominated by a multinational elite. How did intellectual property rules become part of the World Trade Organization's free trade agreements? How have these rules changed the knowledge game for international business? What are the consequences for the ownership of biotechnology and digital technology, and for all those who have to pay for what was once shared information? Based on extensive interviews with key players, this book tells the story of these profound transformations in information ownership. The authors argue that in the globalized information society, the rich have found new ways to rob the poor, and shows how intellectual property rights can be more democratically defined.
Author: Joel Mokyr
Publisher: Princeton University Press
ISBN: 1400829437
Category : Business & Economics
Languages : en
Pages : 376
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Book Description
The growth of technological and scientific knowledge in the past two centuries has been the overriding dynamic element in the economic and social history of the world. Its result is now often called the knowledge economy. But what are the historical origins of this revolution and what have been its mechanisms? In The Gifts of Athena, Joel Mokyr constructs an original framework to analyze the concept of "useful" knowledge. He argues that the growth explosion in the modern West in the past two centuries was driven not just by the appearance of new technological ideas but also by the improved access to these ideas in society at large--as made possible by social networks comprising universities, publishers, professional sciences, and kindred institutions. Through a wealth of historical evidence set in clear and lively prose, he shows that changes in the intellectual and social environment and the institutional background in which knowledge was generated and disseminated brought about the Industrial Revolution, followed by sustained economic growth and continuing technological change. Mokyr draws a link between intellectual forces such as the European enlightenment and subsequent economic changes of the nineteenth century, and follows their development into the twentieth century. He further explores some of the key implications of the knowledge revolution. Among these is the rise and fall of the "factory system" as an organizing principle of modern economic organization. He analyzes the impact of this revolution on information technology and communications as well as on the public's state of health and the structure of households. By examining the social and political roots of resistance to new knowledge, Mokyr also links growth in knowledge to political economy and connects the economic history of technology to the New Institutional Economics. The Gifts of Athena provides crucial insights into a matter of fundamental concern to a range of disciplines including economics, economic history, political economy, the history of technology, and the history of science.
