Cambridge University Press (2016)

Abstract
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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Reprint years 2017
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ISBN(s) 9781107146143   9781316792810   1316509389   9781316509388   1107146143
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The Moral Economy of Open Access.Chris Muellerleile & Jana Bacevic - 2018 - European Journal of Social Theory 21 (2):169-188.
Lifeworld and Systems in the Digital Economy.Dave Elder-Vass - 2018 - European Journal of Social Theory 21 (2):227-244.
Risk, Innovation, and Democracy in the Digital Economy.Dean Curran - 2018 - European Journal of Social Theory 21 (2):207-226.

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