Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.
To get the free app, enter your mobile phone number.
Profit and Gift in the Digital Economy Paperback – June 24, 2016
Frequently bought together
Customers who bought this item also bought
Dave Elder-Vass argues that dominant approaches to the economy miss much of what happens in real economies and that the rise of the digital economy has made this problem more evident. He proposes a new framework to analyse diverse economic systems, and applies it to cases drawn from the digital economy.
About the Author
Dave Elder-Vass teaches sociology and digital economies at Loughborough University. Before returning to academic life he was a senior IT technology manager in the private sector. This book brings together his expertise in digital technology and its use in business with his academic work on economic sociology and particularly the relation of gifts to the conventional economy. His previous publications include The Causal Power of Social Structures (Cambridge, 2010) and The Reality of Social Construction (Cambridge, 2012).
Top customer reviews
In the digital economy, the shortcomings of dominant theories (marxian and neo-classical economics) are exposed to light. For the author, it is important to go beyond the parochial notion of a ‘mode of production’. Economy is too complex for that, as what actually exists is a diverse spectrum of coexisting economic forms.
Thus, Elder-Vass emphasizes the need for alternative models of political economy if one wishes to understand (or change) the world. He introduces the notion of a provisioning economy, which delivers benefits (commercial or other) to people, through various appropriative practices which indicate who gets what, based on the subjects’ motives and values, but also on technological availability. These practices go beyond capitalism and include various forms of gifts: traditional (like an act of generosity), or as part of ‘incidental transfers’-such as users providing useful information to Google, though this has not been their motive when using its free service. Gift is central in the author’s work, as he provides a categorization of their different kinds available in the digital economy, and their functions. For those familiar with previous works of Elder-Vass, they’ll find links with his ideas around social realism.
The author does take political and moral positions (close to ideas of thinkers like Habermas); yet, even if one does not share his premises, the book is still beneficial to the reader.