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

By Manuel Castells

in the course of the Western global, governments and monetary elites replied to the monetary main issue of 2008 via attempting to repair the stipulations of industrial as traditional, however the financial, social and human harm inflicted by means of the hindrance has given upward thrust to a reconsideration of the inevitability of unfettered capitalism as a truth of lifestyles. a couple of monetary practices and corporations emerged in Europe and the us that embodied substitute values: the price of existence over the price of cash; the effectiveness of cooperation over cut-throat pageant; the social accountability of agencies and dependable legislation by way of governments over the non permanent speculative suggestions that introduced the financial system to the threshold of disaster.

This ebook examines the blossoming of cutting edge new experiments in organizing paintings and existence that emerged within the wake of the monetary concern: cooperatives, barter networks, moral banking, neighborhood currencies, shared time banks, team spirit networks, sharing of products, non-monetary transactions, etc., experiments that cleared the path for the emergence of a sharing economic system in all domain names of job orientated towards the pride of human wishes. different ideas incorporated the production of cryptographic digital currencies, epitomized through bitcoin, which combined a libertarian, entrepreneurial spirit with details expertise to supply an alternative choice to ordinary different types of forex. at the foundation of a cross-cultural research of different financial practices, this booklet develops a huge theoretical argument: that the financial system, as a human perform, is formed via 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 fiscal associations.

This publication should be of serious curiosity to scholars and students in sociology, economics and the social sciences more often than not, and to somebody 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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