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

By Manuel Castells

during the Western global, governments and monetary elites answered to the monetary main issue of 2008 through attempting to fix the stipulations of industrial as traditional, however the monetary, social and human harm inflicted by way of the challenge has given upward push to a reconsideration of the inevitability of unfettered capitalism as a truth of existence. a couple of fiscal practices and businesses emerged in Europe and the USA that embodied substitute values: the price of lifestyles over the price of cash; the effectiveness of cooperation over cut-throat festival; the social accountability of agencies and liable rules through governments over the non permanent speculative recommendations that introduced the economic climate to the threshold 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 challenge: cooperatives, barter networks, moral banking, group currencies, shared time banks, team spirit networks, sharing of products, non-monetary transactions, etc., experiments that prepared the ground for the emergence of a sharing economic system in all domain names of job orientated towards the pride of human wishes. different ideas integrated the construction of cryptographic digital currencies, epitomized by way of bitcoin, which mixed a libertarian, entrepreneurial spirit with info know-how to supply an alternative choice to average kinds of forex. at the foundation of a cross-cultural research of different fiscal practices, this booklet develops an enormous theoretical argument: that the economic system, as a human perform, is formed through tradition, and that the range of cultures, as printed in a time of main issue, implies the potential of diverse economies looking on the values and tool relatives that outline monetary associations.

This e-book could be of significant curiosity to scholars and students in sociology, economics and the social sciences in most cases, and to an individual 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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