This article focuses on the new economy. While a number of recent analyses have considered how new economic arrangements rework a range of material relations, this article suggests that such considerations have tended to stop short of considering how material relations may be reconstituting vis-à-vis the people who are working in the new economy. This is so, it will be argued, because there is a pervasive assumption of what is termed a social contract model of personhood, where people (...) are assumed to own or at least to strive to accumulate skills, capacities and abilities as forms of property in the person. However, what this article underscores is that the relations between people and their labour in the new economy are being reworked. In particular, it highlights how qualities previously associated with people are being disentangled and are becoming the object of processes of qualification and re-qualification. However, such qualities do not take the form of property in the person as claims towards the ‘ownership’ of this labour lie in the domain of audience effects - that is, in relations external to the person. This shift, it is argued further, locates labour in the new economy firmly in the domain of the production and circulation of cultural value. Indeed, more broadly this article suggests that the now commonplace idea that economy and culture are de-differentiating involves a previously unrecognized restructuring of the relations between people and property and even the end of the modern notion of personhood. (shrink)

The new economy is a technological revolution involving the information and communication technologies and which affects almost all aspects of the economy, business, and our personal lives. The problems it raises for businesses are not radically new, and even less so from an ethical viewpoint. However, they deserve particular attention, especially now, in the first years of the 21st century, when we are feeling the full impact of the changes brought about by this technological revolution. In this article, (...) I will try to draw a "map" of the main, positive and negative ethical challenges raised by the new economy, concentrating on its three basic features: (1) a knowledge- and information-based technological change, (2) which is taking place in real time on a planetary scale (globalization), and (3) which entails a new, flexible, network-based business organization. (shrink)

The edited volume New Economies for Sustainability: Limits and Potentials for Possible Futures brings together a range of alternative views on economy and organization to illustrate different perspectives on how to work towards more sustainable solutions to production, consumptions and economic organization more generally. The book brings chapters from the most renowned scholars in the field, who bring their perspectives on how alternative schools theorize politics, society, organization, nature and ethics in their attempts to develop theories with a strong (...) focus on sustainability. The book aims to contribute with a platform for gathering and collecting these theories in a pluralist economic framework, which can provide a strong alternative voice to mainstream economic theories in sustainability debates. (shrink)

Gender scholars draw on the “theory of gendered organizations” to explain persistent gender inequality in the workplace. This theory argues that gender inequality is built into work organizations in which jobs are characterized by long-term security, standardized career ladders and job descriptions, and management controlled evaluations. Over the past few decades, this basic organizational logic has been transformed. In the so-called new economy, work is increasingly characterized by job insecurity, teamwork, career maps, and networking. Using a case study of (...) geoscientists in the oil and gas industry, we apply a gender lens to this evolving organization of work. This article extends Acker’s theory of gendered organizations by identifying the mechanisms that reproduce gender inequality in the twenty-first-century workplace, and by suggesting appropriate policy approaches to remedy these disparities. (shrink)

The browser wars case is a useful springboard for considering the principle of positive competition and the proper regulation of platform technologies. There are lessons to be culled about policy, the application of antitrust law, and the parameters of fair competition. We argue that despite Microsofts opportunistic exploitation of its proprietary code, policy makers should resist the temptation to mandate an open source code model. Vigilant anti-trust enforcement is a preferable alternative. But courts must refrain from using antitrust law to (...) favor small innovators or to constrain the economic protections inherent in intellectual property rights, since those rights are still needed to encourage innovation. On the other hand, despite the exigencies of competition, platform leaders should respect the norm of fair competition and refrain from the impulse to tilt the platform in their favor. Preservation of robust intellectual property rights, deft application of antitrust statutes, and principled competition represent the best prescription for social wealth in the New Economy. (shrink)

Is restructuring an underhanded way to make the rich richer and the poor poorer? Or is it necessary, although bitter, medicine for an ailing economy? In The Ethics of the New Economy: Restructuring and Beyond, professionals from the fields of philosophy, ethics, management, as well as those representing the groups affected by restructuring, tackle thorny ethical issues. Referring to concrete case studies, these timely essays discuss a variety of topics, including justified and unjustified restructuring; employers’ obligations during the (...) restructuring process; equity issues; the rise of part-time employment; the effects of restructuring on communities; the internal risks faced by restructuring corporations; deprofessionalization in health care; the consequences of restructuring in the developing world; philanthropy and cause-related marketing; corporate “judo” and restructuring; and responsible and irresponsible restructuring. (shrink)

This paper arises out of research on the New Zealand designer fashion industry. An unexpected success story, this export-oriented industry is dominated by women as designers, employees, wholesale and public relations agents, industry officials, fashion writers and editors, in addition to women holding more traditionally gendered roles as garment workers, tastemakers and consumers. Our analysis of the gendered globalization of the New Zealand fashion industry exposes a number of disconnections between women's positions in this industry and the literatures on globalization, (...) clothing and fashion. We argue that the New Zealand designer fashion industry not only embodies new ways of working associated with the movement of first world women into the labour force, but its very success is underpinned by these changes. Our conclusion is that more work is needed to explicate links between globalization and first world women's entry into the labour force. (shrink)

This article draws on insights of young people learning to make natural pigments and traditional paintings in acute climate vulnerable areas. Why do they paint during ongoing crises and how do they voice their future concerns? Critical realism is applied as a meta-theory in this field-based study in a slum area in Kolkata and the Sundarbans mangrove forest. Methods comprise focus groups, semi-structured interviews, and participant observation. Analysis was done in an abductive process, applying Roy Bhaskar’s model of ‘four-planar social (...) being’. The analysis demonstrates how painting with natural pigments leads the young ones towards: (a) discovering beauty in nature (b) transcendence of borders (c) transformation and responsible action (d) discovering one’s own dignity. Findings are discussed considering the key concepts co-presence and crisis system. I reflect upon how this local effort can inspire a new economy, with the signposts: becoming co-present with the natural world and the necessity of beauty. (shrink)

(2001). From the ecology of the mind towards a new economy: Instructions for becoming “planet managers”. World Futures: Vol. 56, Values, Ethics and Econmics, Part I, pp. 319-329.

This article explores the differences between two strategies of persuasion. The first strategy, called drawing things together, is Actor-Network Theory's classic analysis of how modern science has gained tremendous persuasive powers through systematic inscription and centralized accumulation of information traces. The second strategy, called drawing contrasts together, is derived from the author's empirical analysis of the rhetorics and materialities of a Scandinavian New Economy firm. The persuasive powers of this firm, it is argued, are based on its ability to (...) evoke and articulate a series of pointed contrasts between the attractive working life within the firm and the ordinary and problematic work life elsewhere. The article argues that both persuasive strategies work in a pragmatic sense. But where “drawing things together” enacts a relatively stable and knowable world, the persuasive strategy of “drawing contrasts together” depends on, and enacts, a world of dramatic epochal changes. (shrink)

_Exhausting Modernity_ is a bold new work on the exhaustion of our resources, both natural and human. Drawing on the insights of Marx and Freud, it provides a compelling analysis of the exhaustion pervading modern capitalism: environmental collapse, rising poverty levels and increasing global economic disparity. This is essential reading for political and social theorists, philosophers, economists, and all those interested in the environment.

'Knowledge Capitalism' reveals how the emerging knowledge-based economy is redefining firms, empowering individuals and reshaping learning and work. It provides a practical tool-set for business managers to interpret and manage change.

This paper draws upon the events surrounding two small United States Department of Agriculture-funded projects in order to explore some preliminary ideas about the influence of corporations in US policy-making through federal advisory committees created by the 1972 Federal Advisory Committee Act. Following a synopsis of the political controversy created by the efforts of these projects to generate more discussion of geographical indications in the US, this paper outlines a path for further analysis of the relationships between members of advisory (...) committees to the US Trade Representative and a newly established non-profit, the Consortium for Common Food Names. After a brief discussion of two worlds of geographic indications defined on the one hand by key principles of terroir and on the other hand those embodied in US Patent & Trademark Policy, the paper concludes with short discussions of two approaches for bringing geographic indications into federal and state policy discussions. (shrink)

Exhausting Modernity is a bold and exciting new work on the exhaustion of our resources, both natural and human. Brennan marshalls the insights of Marx and Freud to provide a compelling analysis of the pervading modern capitalism: environmental collapse, rising poverty levels, and the increased global economic disparity. Linking the consumption of environmental resources to our own depleted psychic life, she shows that modernity must be rethought if we are to find a sustainable future for both the environment and our (...) own psychic life. (shrink)

What are the evolutionary scenarios of academic capitalism, able to deliver an ever more strategic knowledge, with a high added value within the global society? Under the current system of knowledge economy, characterized, at the beginning of this third millennium, by strong hyper-complexity, the challenge for the society evolution toward a sustainable world, full of varieties and opportunities, is the development of a form of capitalism able to guide and facilitate the reshaping of society through self-organizing systems (Lazslo 2011) (...) the academic capitalism as a form of functional capitalism, the difference that makes the knowledge considered at a systemic level. (shrink)

<I>The Handbook of Business Ethics is a substantially revised new edition of <I>Ethics in the Economy, currently in its third printing. With new content and revised material, the contributors rally against the concept that ethics is only an instrument for improving business efficacy. They see ethics as fundamental to all levels of economic activity, from individual and organizational to societal and global.<BR> Globally, the ethicality of economic actions is often highly questionable and in many respects unacceptable. The ethical nature (...) of the economy should be considerably improved, but there is an inherent paradox: if we want to develop the ethicality of our economic affairs only as a means of achieving higher efficiency, in the final analysis we will fail. We have the chance to improve the ethical quality of our economic activities only if our motivation is genuinely ethical, that is, only if we want to realize ethical conduct for its own sake. (shrink)

A great strength of this book is that it takes seriously what it means to do applied ethics in an interdisciplinary setting. The papers, largely drawn from the 1996 conference “Ethics and Restructuring: The First Laurier Conference on Business and Professional Ethics,” come from a wide range of disciplines and vocations, and the various contributors show a commendable willingness to grapple with complex empirical data in drawing ethical conclusions. The fact that they focus almost exclusively on Canadian instances of restructuring (...) narrows the audience somewhat, but provides a richness of concrete examples. (shrink)

Workplaces have transformed over the past decades in response to global forces. This case study of a Mexican-owned multinational corporation compares employee perceptions of a new work culture required to confront these demands. Employees are expected to work long hours and to produce results, obtain the right skills and knowledge, and exhibit proactivity. Drawing on extensive qualitative data, this article theorizes what the expectations mean for women and men employees. The competitive culture reinforces inequality because expectations are grounded in the (...) gendered “ideal worker” narrative. However, tensions ensue for the company that is partly characterized by paternalism yet requires a competitive work culture. The study uncovers a hybrid organizational logic with gendered assumptions undergirding a hidden inequality as professional women navigate the emergence of the glass ceiling in the global south. (shrink)

Globalization, technological advances, and changing employment structures have facilitated greater flexibility in how and where many Americans do their paid work. In response, a new work arrangement, coworking, has emerged in the United States. Coworking organizations bring together professionals from different companies to share a common workspace and build community. Despite the prevalence and potential benefits of coworking, little systematic research about coworking contexts exists, let alone research focused on gender inequality therein. Using 78 interviews and more than 700 hours (...) of observation across nine coworking spaces, we examine the organizational logics that shape gender dynamics, as well as intersecting racial and class dynamics, in coworking spaces. Building on Acker’s inequality regimes framework, we uncover organizational logic that either reduces or reproduces inequality for diverse groups of women in coworking contexts. We conclude by discussing important theoretical and empirical implications of these findings. (shrink)

After explaining the reasons why we must urgently reexamine the foundations of the market economy, the article goes on to illustrate the main differences between the civil market and capitalist market models. It then answers the question of why, in the last quarter of a century, the concept of the civil economy has reemerged as a topic of public debate and scientific research. In particular, it highlights the reasons why the fourth industrial revolution postulates a civil market if (...) the risks involved with the advancement of transhumanism are to be avoided. The article ends with an invitation to transcend the contradictions of the culture of libertarian individualism. Después de aclarar las razones por las cuales es urgente repensar las bases de la economía de mercado, el artículo continúa para ilustrar las principales diferencias entre el modelo del mercado civil y el modelo del mercado capitalista. A continuación, se responde a la pregunta de por qué en el último cuarto de siglo la perspectiva del discurso de la economía civil está resurgiendo en el debate público, así como en la investigación científica. Se presta especial atención a resaltar las razones por las cuales la cuarta revolución industrial debe desarrollarse desde un mercado civil si se quieren evitar los riesgos asociados con el avance del transhumanismo. El artículo termina con una invitación a superar las aporías de la cultura del individualismo libertario. (shrink)

The new technologies of television viewership following the digital turn have introduced new anxieties and possibilities. While new screen cultures facilitate a transnational viewership, the importance of ethically and morally grounded representations cannot be overstated. In this context, Delhi Crime, the Emmy award-winning Indian series based on the Delhi gang rape and murder of a 23-year-old woman in Delhi, will be instrumental in informing the ethico-political concerns that ought to be prioritized while representing the subaltern subject and the novel socialites (...) fashioned through the new viewership patterns. This article attempts to understand the way in which the emerging screen economies provide new terrains for ethical representation and engendering digital publics. Thus, this article is interested in understanding the intersection of media ecologies and ethico-political concerns to introduce new dialectical possibilities. (shrink)

A new traditional economy combines elements of traditional culture, such as Confucianism, with a modern, technologically advanced economy, while a new institutional economy minimizes transactions costs through its institutional structure. South Korea has enhanced its competitive edge by drawing on Confucian elements such as respect for education and the search for family-like harmony in chaebol corporations that can reduce transactions costs (despite problems) in an open system. Despite also emphasizing respect for education, North Korea has drawn on (...) anti-mercantile elements of the Confucian tradition such as the excessive authoritarianism of its command socialism and the hermit-like closure induced by its juche policy of self-reliance. (shrink)

This paper argues that a new economic system is emerging in the world economy, that of the new traditional economy. Such an economic system simultaneously seeks to have economic decision making embedded within a traditional socio-cultural framework, most frequently one associated with a traditional religion, while at the same time seeking to use modern technology and to be integrated into the modern world economy to some degree. The efforts to achieve such a system are reviewed in various (...) parts of the world, with greater analysis of the Islamic and neo- Confucian economic systems. (shrink)

Ernst Mach’s defense of relativist theories of motion in Die Mechanik involves a well-known criticism of Newton’s theory appealing to absolute space, and of Newton’s “bucket” experiment. Sympathetic readers (Norton 1995) and critics (Stein 1967, 1977) agree that there’s a tension in Mach’s view: he allows for some constructed scientific concepts, but not others, and some kinds of reasoning about unobserved phenomena, but not others. Following Banks (2003), I argue that this tension can be interpreted as a constructive one, springing (...) from Mach’s approach to scientific reasoning. Mach’s “economy of science” allows for a principled distinction to be made, between natural and artificial hypothetical reasoning, and Mach defends a division of labor between the sciences in a 1903 paper for The Monist, “Space and Geometry from the Point of View of Physical Inquiry”. That division supports counterfactual reasoning in Mach’s system, something that’s long been denied is possible for him. (shrink)