Read e-book online Another Economy is Possible: Culture and Economy in a Time PDF

By Manuel Castells

ISBN-10: 1509517200

ISBN-13: 9781509517206

ISBN-10: 1509517219

ISBN-13: 9781509517213

in the course of the Western global, governments and monetary elites answered to the monetary hindrance of 2008 by way of attempting to restoration the stipulations of commercial as ordinary, however the financial, social and human harm inflicted through the obstacle has given upward push to a reconsideration of the inevitability of unfettered capitalism as a truth of existence. a few monetary practices and enterprises emerged in Europe and the USA that embodied substitute values: the price of existence over the worth of cash; the effectiveness of cooperation over cut-throat pageant; the social accountability of companies and dependable rules through governments over the non permanent speculative suggestions that introduced the financial system to the edge of disaster.

This ebook examines the blossoming of leading edge new experiments in organizing paintings and lifestyles that emerged within the wake of the monetary obstacle: cooperatives, barter networks, moral banking, group currencies, shared time banks, unity networks, sharing of products, non-monetary transactions, etc., experiments that prepared the ground for the emergence of a sharing financial system in all domain names of job orientated towards the delight of human wishes. different ideas incorporated the production of cryptographic digital currencies, epitomized by means of bitcoin, which combined a libertarian, entrepreneurial spirit with info expertise to supply a substitute for average sorts of foreign money. at the foundation of a cross-cultural research of other monetary practices, this booklet develops a major theoretical argument: that the economic system, as a human perform, is formed through tradition, and that the variety of cultures, as printed in a time of obstacle, implies the opportunity of various economies reckoning on the values and gear kinfolk that outline monetary associations.

This publication may be of significant curiosity to scholars and students in sociology, economics and the social sciences typically, and to a person who needs to appreciate how our societies and economies are altering today.

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Another Economy is Possible: Culture and Economy in a Time of Crisis by Manuel Castells

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