Price loading...

Digital Capitalism and New Institutionalism (Routledge Frontiers of Political Economy)

Anthropology & Sociology

Price data last checked 93 day(s) ago - refreshing...

View at Amazon

Price History & Forecast

No Price Data Available

Price history will appear here once data is collected from Amazon.

Price Distribution

No price data available for histogram

Description

Modern institutional economics was created to study the institutions of pre-digital economies and is based on reductionist approaches. But digital capitalism is producing institutions of unprecedented complexity. This book argues, therefore, that not only the economic institutions themselves but also the theoretical foundations for studying those institutions must now be adapted to digital capitalism. The book focuses on the institutional complexity of digital capitalism, developing an interdisciplinary framework which brings together cutting-edge theoretical approaches from philosophy (first of all, object-oriented ontology), sociology (especially actor–network theory), evolutionary biology, and cognitive science. In particular, the book outlines a new approach to the study of institutional evolution, based on extended evolutionary synthesis – a new paradigm in evolutionary biology, which is now replacing neo-Darwinism. The book develops an enactivist notion of extended cognition and cognitive institutions, rejecting the individualistic and mechanistic understanding of economic rationality in digital environments. The author experiments with new philosophical approaches to investigate institutional complexity, for example, the ideas of the flat ontology and the assemblage theory. The flat ontology approach is applied to the study of human–robot institutions, as well as to thinking about post-anthropocentric institutional design. Assemblage thinking allows for a new (much less idealistic) look at blockchain and smart cities. Blockchain as digital institutional technology is considered in the book not from the viewpoint of minimizing transaction costs (as is customary in the modern institutional economics), but by using the theory of transaction value which focuses on improving the quality of digital transactions. The book includes a wide range of examples ranging from metaverses, cryptocurrencies, and big data to robot rules, smart contracts, and machine learning algorithms. Written for researchers in institutional economics and other social sciences, this interdisciplinary book is essential reading for anyone interested in the interplay of institutional and digital change.

Product Specifications

Format: hardcover
ASIN: 1032212365
Category: Books > Subjects > Biography > Medical, Legal & Social Sciences > Anthropology & Sociology
Domain: Amazon UK
Release Date: 19 December 2023
Listed Since: 01 August 2023

Barcode

No barcode data available

Digital Capitalism and New Institutionalism (Routledge Frontiers of Political Economy)

Price History & Forecast

No Price Data Available

Price Distribution

Description

Product Specifications

Barcode

Similar Products You Might Like

The Foundations of Evolutionary Institutional Economics: Generic Institutionalism (Routledge Advances in Heterodox Economics)

Understanding the Blockchain Economy: An Introduction to Institutional Cryptoeconomics (New Horizons in Institutional and Evolutionary Economics series)

Varieties of Capitalism and New Institutional Deals: Regulation, Welfare and the New Economy (Studies in Evolutionary Political Economy series)

Decentralized Autonomous Organizations: Innovation and Vulnerability in the Digital Economy (Routledge Studies in the Economics of Innovation)

Routledge Institutional Economics - Frontiers of Political Economy

Routledge Hegel, Institutions and Economics - Political Economy

Digital Transformation and the Economics of Banking: Economic, Institutional, and Social Dimensions (Routledge International Studies in Money and Banking)

Institutional Economics: Perspectives and Methods in Pursuit of a Better World

Routledge - The Economic Philosophy of the Internet of Things

Changing Capitalisms?: Internationalism, Institutional Change, and Systems of Economic Organization

Routledge Economics of the Fourth Industrial Revolution Book

Edward Elgar Institutions and Economic Change Book

The Political Economy Reader: Contending Perspectives and Contemporary Debates

The Evolution of Social Institutions: Interdisciplinary Perspectives (World-Systems Evolution and Global Futures)

Handbook on the Economics of the Internet

Routledge Blockchain and Web 3.0 - Technology Study Book

Blockchain Economics: Implications Of Distributed Ledgers - Markets, Communications Networks, And Algorithmic Reality (Between Science And Economics): 1

Routledge - People, Place and Global Order Book

The Economics of Knowledge Sharing: A New Institutional Approach (New Horizons in Institutional and Evolutionary Economics series)

Society as an Interaction Space: A Systemic Approach: 22 (Translational Systems Sciences, 22)

Society as an Interaction Space: A Systemic Approach: 22 (Translational Systems Sciences, 22)

Regulating Blockchain: Critical Perspectives in Law and Technology

Routledge EdTech Inc.: Selling, Automating and Globalizing Education

Self-organising Multi-agent Systems: Algorithmic Foundations Of Cyber-anarcho-socialism