The promotion of knowledge economies and societies, equated with the mobile subject as bearer of technological, managerial and cosmopolitan competences, on the one hand, and insecurities about social order and national identities, on the other, have in the past few years led to increasing polarisation between skilled migrants and those deemed to lack useful skills. The former are considered to be bearers of human capital and have the capacity to assimilate seamlessly and are therefore worthy of citizenship; the latter (...) are likely to pose problems of assimilation and dependency due to their economic and cultural ‘otherness’ and offered a transient status and partial citizenship by receiving states. In the European context this trend has been reinforced by the redrawing of European geopolitical space creating new boundaries of exclusion and social justice. The emphasis on the knowledge economy also generates gender inequalities and stratifications based on skills and types of knowledge with implications for citizenship and social justice. (shrink)

The term ‘knowledge economy’, like the term ‘globalisation’, has become a catchword in political and educational debate over the last decade or so, especially in debates upon educational policy where the role of education in preparing young people to take their part in the Knowledge Economy is often seen as paramount over other traditional schooling activities. It is said in such debates that the production of knowledge, information and skills, will become more valuable than traditional (...) primary and secondary production. A lot is said about the knowledge required in the Knowledge Economy, and about how institutions, businesses, activities and human beings are to be ordered or structured in accordance with views of knowledge and new Management theories. But little is said of the young people expected to take their part in the knowledge economy. Do they have a choice? Is lying on a surfboard excluded from their life options? How will they be developed, trained or educated to take their part? Will they be committed to developing their selves in accordance with the model of the IT Knowledge Entrepreneur presented as a model for education by policy makers in the Knowledge Economy? This article will argue against this latter notion of the development of the self, arguing that because knowledge is prioritised over ethics, there is both an inadequate notion of the self and the educational development of the self and, because of its implicit view only of ethics, an inadequate ethical and moral view of education [246 words]. (shrink)

Significant developments in the global economy and information technology have been accompanied by a transformation in the nature and process of knowledge production and dissemination. Concepts such as the knowledge economy or creative economy have been formulated to accommodate the new and complex developments in knowledge, creativity, economy, and technology. While much of the current literature on the knowledge and creative economy substantially reflects the economic impact of knowledge and creativity, (...) previous studies have rarely touched upon the role of translation in this development. By discussing the role of translation as a generative process in the creative economy and its implications for crossing boundaries in education, this paper argues that translation plays a significant role in the creation of a hybrid milieu. This dynamic cultural hybridity is stimulated by the circulation of knowledge and information via translation, but is also, per se, a driver inviting greater engagement of ideas and knowledge given that translated works always require retrospective interpretations along with changing social and cultural mores. (shrink)

In recent years, after decades of largely avoiding engagements with political economy, discussions of the new forms of capitalism, neoliberalism, and the information society have become central again to critical theory. Following this recognition of the importance of political economy, this article aims at honing our conceptual tools to examine the political and social economies of contemporary capitalism, which I understand with Yann Moulier Boutang as "cognitive capitalism."1 I am particularly interested in how changing economic and social practices (...) inflect our political institutions and political and social practices and sensibilities, while at the same time these changes are not necessarily reflected in the... (shrink)

The phenomenon of entrepreneurship has attracted researchers from a variety of disciplines and a diverse number of analytical approaches. Currently, there is a considerable amount of confusion and a variety of conflicting theories which are being used interchangeably and ambiguously. In this important new book, the authors argue that there are analytically distinct forms of entrepreneurship, each of them having an individual logic of their own. They highlight the role of individual economic agents with endowments of new knowledge or (...) new combinations of old knowledge as entrepreneurs, and thus identify them as dynamic factors in the knowledge economy. Overall, this book not only provides a contemporary overview of current research in the field, but also summarizes the policy conclusions that can be drawn from current research. (shrink)

‘Academic rentiership’ is an economistic way of thinking about the familiar tendency for academic knowledge to consolidate into forms of expertise that exercise authority over the entire society. The feature that ‘rentiership’ high-lights is control over what can be accepted as a plausible knowledge claim, which I call ‘modal power’. This amounts to how the flow of information is channelled in society, with academic training and peer-reviewed research being the main institutional drivers. This paper begins by contextualizing rentiership (...) in the deeper issues surrounding ‘cognitive economy ’that lie at the heart of the Western philosophical tradition. The psychological phenomenon of the ‘Gestaltshift’ is used to illustrate various ways in which the flow of information can be channelled to enable or disable certain possible ways of regarding the world. Against this background, such familiar concepts from academic practice as ‘quality control’ and ‘plagiarism’ acquire a new look. Quality control aims to maintain rentiership, whereas plagiarism aims to undermine it. The second half of the paper is largely concerned with the historical swings back and forth between rentiership and anti-rentiership in academia. Rentiership’s decline is associated with corruption of its quality control processes, which reveals academia’s reliance on equally corrupt power elites in society. In addition, the introduction of new communication media over which academia cannot exert proprietary control also serves to open up the sphere of plausible knowledge claims. The ongoing Internet revolution is likely to permanently alter the terms on which academic rentiership will be possible in the future. (shrink)

This book is the first to articulate and challenge the consensus on the right and left that knowledge is the key to any problem, demonstrating how the left’s embrace of knowledge productivity keeps it trapped within capital’s circuits. As the knowledge economy has forced questions of education to the forefront, the book engages pedagogy as an underlying yet neglected motor of capitalism and its forms of oppression. Most importantly, it assembles new pedagogical resources for responding to (...) the range of injustices that permeate our world. Building on yet critiquing the Marxist notion of the general intellect, Derek R. Ford theorizes stupidity as a necessary alternative pedagogical logic, an anti-value that is infinitely mute and unproductive. (shrink)

'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.

Recent changes in service environments have changed the preconditions of their production and consumption. These changes include unbundling services from production processes, growth of the information-rich economy and society, the search for creativity in service production and consumption and continuing growth of digital technologies. These contextual changes affect city governments because they provide a range of infrastructure and welfare services to citizens. Concepts such as ‘smart city’, ‘intelligent city’ and ‘knowledge city’ build new horizons for cities in undertaking (...) their challenging service functions in an increasingly cost-conscious, competitive and environmentally oriented setting. What is essential in practically all of them is that they paint a picture of cities with smooth information processes, facilitation of creativity and innovativeness, and smart and sustainable solutions promoted through service platforms. This article discusses this topic, starting from the nature of services and the new service economy as the context of smart local public services. On this basis, we build an overall framework for understanding the basic forms and dimensions of smart public services. The focus is on conceptual systematisation of the key dimensions of smart services and the conceptual modelling of smart service platforms through which digital technology is increasingly embedded in social creativity. We provide examples of real-life smart service applications within the European context. (shrink)

To what extent organized employers and trade unions support social policies is contested. This article examines the case of work-family policies, which have surged to become a central part of the welfare state. In that expansion, the joint role of employers and unions has largely been disregarded in the comparative political economy literature. The article posits that the shift from Fordist to knowledge economies is the impetus for the social partners’ support for WFPs. If women make up an (...) increasing share of high-skilled employees, employers start favoring WFPs to increase their labor supply. Similarly, unions favor WFPs if women constitute a significant part of their membership base. Yet the extent to which changes in preferences translate into policy depends on the presence of corporatist institutions. These claims are supported with statistical analyses of WFPs in eighteen advanced democracies across five decades and an in-depth case study of Norway. The article thus demonstrates that the trajectory of the new welfare state is decisively affected by the preferences and power of unions and employers. (shrink)

Knowledge is and will be produced in order to be sold; it is and will be consumed in order to be valorised in a new production: in both cases, the goal is exchange.We live in a social universe in which the formation, circulation, and utilization of knowledge presents a fundamental problem.If the accumulation of capital has been an essential feature of our society, the accumulation of knowledge has not been any less so.Now, the exercise, production, and accumulation (...) of this knowledge cannot be dissociated from the mechanisms of power; complex relations exist which must be analysed. (shrink)

More and more people in China are now realizing that the country has already become a globalizing economy, but some contend that China's economy is still far from being based on knowledge. However, as globalization necessarily brings with it a knowledge economy, China is of necessity involved in the new economy, and has in consequence encountered many new ethical issues. In the first part of the paper some of these issues are discussed – issues (...) of intellectual property protection, issues related to the exploitation of Chinese know‐how and knowledge products by foreign companies, and issues of cultural colonization. These issues are complicated, widespread and novel, and there is a need to develop ethical guidelines to deal with these issues. Although the perspective of the analysis is Chinese, these same problems are faced by countries the world over. (shrink)

Graphic pattern (e.g. geometric design) and number-based code (e.g. digital sequencing) can store and transmit complex information more efficiently than referential modes of representation. The analysis of the two genres and their relation to one another has not advanced significantly beyond a general classification based on motion-centred geometries of symmetry. This article examines an intriguing example of patchwork coverlets from the maritime societies of Oceania, where information referencing a complex genealogical system is lodged in geometric designs. By drawing attention to (...) the interplay of graphic pattern and number-based code and its role in the knowledge economies of maritime societies, the article offers new insight into possible ways of designing a digital informational surface that captures the behaviour of an operational system, allowing both for differentiation and integration. (shrink)

Knowledge is and will be produced in order to be sold; it is and will be consumed in order to be valorised in a new production: in both cases, the goal is exchange.We live in a social universe in which the formation, circulation, and utilization of knowledge presents a fundamental problem.If the accumulation of capital has been an essential feature of our society, the accumulation of knowledge has not been any less so.Now, the exercise, production, and accumulation (...) of this knowledge cannot be dissociated from the mechanisms of power; complex relations exist which must be analysed. (shrink)

This article deploys a cultural political economy framework to explore New Zealand's "embrace" of globally-sourced knowledge economy discourse. It argues that the diffusion of such knowledge in this locale has been mediated by electoral shifts and rising economic prosperity but in one of the few fields where some level of institutionalization has occurred--higher education--it has been used to increase state control of a highly marketized tertiary sector. The article then discusses the implications of this investigation for (...) researchers in non-metropolitan locales. (shrink)

This article reviews claims for creativity in the economy and in education distinguishing two accounts: 'personal anarcho-aesthetics' and 'the design principle'. The first emerges in the psychological literature from sources in the Romantic Movement emphasizing the creative genius and the way in which creativity emerges from deep subconscious processes, involves the imagination, is anchored in the passions, cannot be directed and is beyond the rational control of the individual. This account has a close fit to business as a form (...) of 'brainstorming', 'mind-mapping' or 'strategic planning', and is closely associated with the figure of the risk-taking entrepreneur. By contrast, 'the design principle' is both relational and social and surfaces in related ideas of 'social capital', 'situated learning', and 'P2P' (peer-to-peer) accounts of commons-based peer production. It is seen to be a product of social and networked environments — rich semiotic and intelligent environments in which everything speaks. The article traces the genealogies of these two contrasting accounts of creativity and their significance for educational practice before showing how both notions are strongly connected in accounts of new forms of capitalism that require a rethinking of the notion of creativity and its place in schools and institutions of higher education. The article begins by providing a context in terms of a history of the knowledge economy and the historical tendency toward aesthetic or designer capitalism. (shrink)

Wu Jiang was born in November 1917, in Zhuji county, Zhejiang Province. He began work in the theoretical field in the 1950s, and has worked at People's University, Red Flag, the Central Party School, and the Central Academy of Socialism . He has published the following works: Issues on the Reform of the Capitalist Economy in China, On the Proletarian Dictatorship, Collected Works on Historical Dialectics, Ten Lectures on Epistemology, Twenty Lectures on Philosophical Issues, Several Issues Relating to Contemporary (...) Socialism, and Origins and Development of the Theory of the Initial Stage of Socialism, and others. (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)

Higher education (HE) mobility programmes around the globe have been key initiatives over the past thirty years, driven by combinations of supranational and national state-led knowledge economy policies, university strategies, and decisions made by individuals regarding employability, credentials, or academic tourism. In this paper we argue that mobility too often is understood through the prism of internationalism, itself umbilically tied to and nourished by Enlightenment liberal thinking, such as Kantian cosmopolitanism, and the romantic figure of the wandering scholar. (...) This has the effect of reducing our understanding of transnational mobility to individual actors, their desires, and experiences. In this paper we ask: to what extent and in what ways can HE transnational mobility projects be understood as forms of imperialism? In this regard we examine the literature on imperialism and argue for a more capacious use of the term; as taking economic, political and cultural forms. We use these to examine the links between the expansion and securing of empires historically, the state’s spatial projects and global market making. We do this through the prism of two nations, the UK and China, comparing their state’s transnational HE strategies, selectivities and outcomes. (shrink)

This paper presents an empirical account of mediatization from a Bourdieuian perspective, based on the development of a number of new concepts, such as cross-field effects and the rescaling of such effects as linked to processes of globalization. Built on an Australian empirical case relating to educational policy and the knowledge based economy, this paper argues that mediatization can be understood in relation to the cross-field effects of different fields of journalism on subsequent fields, which have their genesis (...) in forms of practice that cross different social fields. Specifically, the case analysis details interactions between the field of print journalism and the field of policy over the course of an Australian science capability review, chaired by the then chief scientist, Dr Robin Batterham, which led to Australia adopting a national version of the knowledge economy. The empirical case also leads us to consider the impact of both global and national fields of journalism on fields of educational policy in relation to mediatization. (shrink)

The purpose of the research is to understand formulation of policy for creative industries, and in particular the importance of quantitative and qualitative data or information for formulation of the first policies for creative industries at national and regional level. The goal of the research is to assess whether it is possible to draft useful policy for the creative industry without having specific quantitative data at its disposal, which is often the case when such policy is being newly developed. The (...) methodology used is a brief literature review, and a case study. The case study regards policy development for the architectural sector in the East-Slovak region of Košice, which was executed by the authors in the context of the assignment to draft a strategy for development of the creative economy of the Košice region. Statistical data presented in this research were generated in the context of that assignment.The authors found that in the case of Slovakia and the region of Košice, the availability of data on the creative industries as a new policy area is very limited. Both at national level and at regional level, qualitative data and information are most useful for formulating policy. This is possible among others because qualitative needs’ assessment is feasible; international literature and best practices provide a guideline for formulating policy; and because general policies can address specific requirements through demand driven projects. The implication of the research is that specific quantitative data on the creative industries does not need to be considered a conditio sine qua non for drafting and implementing policy for the creative industries. Quantitative data will be necessary for evaluating outputs and impact of policy, in terms of efficiency and effectiveness of public spending. The choice of indicators, and collecting, processing and interpreting of quantitative data shall be an integral part of the policy to be implemented. (shrink)

The article evaluates how knowledge workers in new-age businesses in developing economies conceptualize and practise acts of individual social responsibility vis-à-vis the corporate social responsibility endeavours of the companies for which they work. The study aims to differentiate between the values that drive ISR and CSR in such organizations. On one hand, the study targets young information technology professionals between the ages of 25 and 35 years exploring the individual motivations for socially responsible behaviour, and it looks at CSR (...) managers responsible for strategizing and implementing CSR portfolio, representing the organizational imperatives of CSR behaviour and practice on the other. The study concludes with a conceptualization of how the convergence or otherwise of motivations between ISR and CSR in such organizations are defined and what are their determinants, with the derivative managerial implications for firms in developing economies in the context of managing the relatively younger workforce’s participation in their CSR efforts. (shrink)

Science has become a central political concern with massive increases in public investment, but resources are embedded in a complex web of expectations that vary between countries and regions. This book outlines an insightful understanding of science policy as both concerning the governance of science itself through priority-setting, funding, organization and articulation with polity, society and economy, and its extra-organizational connections in terms of higher education, innovation and national policy concerns. The New Global Politics of Science examines how science (...) and innovation have become truly global, and the consequences of this for scientists, policymakers and citizens. This book provides an overview of how research policies have evolved in different countries and contexts. It also examines how science research has been aligned with nation-building and state-formation, enmeshed in meta-governance, and how this relates to economic growth. Analysing how knowledge policies have been forged in their specific historical and geographical settings, this book will be an invaluable tool for scholars and policymakers in the fields of science, innovation and public policy. (shrink)

The inspiration for this collective writing project began with a digital conference entitled ‘Knowledge Socialism, COVID-19 and the New Reality of Education’ held at Beijing Normal University. In this conference and through this article, multiple researchers spread across six continents have engaged in the collaborative task of outlining emerging innovations and alternative contingencies towards education, international collaboration, and digital reform in this time of global crisis. Trends associated with digital education, knowledge openness, peer production, and collective intelligence as (...) articulated by Michael A. Peters’ conception of Knowledge Socialism are given careful analysis and exploration. Some of the members of this collective endeavor to identify problems, others, begin to draw boxes around potential solutions. Overall, this article engages with real world challenges and innovations that look beyond dominant neoliberal trends in the knowledge economy to build bridges toward novel possibilities in this era of rapid digital change. (shrink)

In recent years the Israeli economy has undergone fundamental changes. An entirely new class composition was created by the ex-Soviet migrations of the 1990s. Markets for traditional Israeli produce became more restricted. The Internet created the conditions for transnational exports of high-value immaterial labour products to replace previous low-value products with high transit costs. And the nature of the new knowledge economies opened new interstitial possibilities for insertion. A new and technically skilled workforce proves capable of creating the (...) flows of innovation that are the precondition for the survival of the large capitalist firms of this and the preceding era. Among other things, Israeli companies are particularly well-suited to meet the new demand for biomedical products. (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)

The purpose of the study is to substantiate the socio-cultural contexts of the leading role of knowledge in the transformation of power and managerial relations in the knowledge society. The article analyzes the nature of the intellectual overstraat – a new power and management structure that is being formed in the conditions of the Knowledge Society, and identifies the socio-cultural prerequisites for the formation of this phenomenon. New spheres of cultural life, new social strata and strata, as (...) shown in the study, were the result of a" shift", a" shift " of power from the economy to knowledge. The "shift" in the structures of power and management undermines the traditional bureaucratic foundations. The overstraat of intellectuals is presented as embodying the power of knowledge. As a result, the functions of the intellectual overstrate in a knowledge - based society-social, economic, political and state-are identified and analyzed; the socio-cultural context of the leading role of knowledge in the transformation of power and managerial relations of the "Knowledge Society"is substantiated. (shrink)

This paper presents a model of practice for analysing the internationalisation of higher education, and for better providing teaching service and support to both the internal and external other. It is derived from the theoretical analysis of the rationales, concepts and developments of the internationalisation of higher education, and from a New Zealand case study that exemplifies the current trend in the internationalisation of higher education—a shift from aid to trade. In the paper, the author examines the impacts of globalisation (...) and the knowledge economy on the shifting currency of the rationales. The paper concludes that, because of increasing numbers of resident immigrant students, ‘the international (other)’ is no longer beyond national borders but is within them. Therefore, universities would do well to revisit neglected social and cultural dimensions in the provision of higher education services. (shrink)

This paper argues that a new patriotism has emerged in New Zealand over recent years. This has been promoted in tandem with the notion of advancing New Zealand as a knowledge economy and society. The new patriotism encourages New Zealanders to accept, indeed embrace, a single, shared vision of the future: one structured by a neoliberal ontology and the demands of global capitalism. This constructs a narrow view of citizenship and reduces the possibility of economic and social alternatives (...) being considered seriously. The paper makes this case in relation to tertiary education in particular. The first section outlines the New Zealand government's vision for tertiary education, as set out in the Tertiary Education Strategy, 2007–12 (Ministry of Education, 2006). This is followed by a critique of the Strategy and an analysis of the model of citizenship implied by it. The paper concludes with brief comments on the role tertiary education might play in contesting the new patriotism. (shrink)

Knowledge Societies offers both a critical examination of existing social theory, and a new synthesis of social theory with the actual study of knowledge relations in advanced economies. Some of the elements explored are scientization: the penetration not only of production but of most social action by scientific knowledge; the transformation of access to knowledge through higher education; the growth of experts (managers, accountants, advisors, and counselors) and of corresponding institutions based on the deployment of specialized (...) knowledge; and a shift in the nature of societal conflict from struggles about income and property to claims and conflicts about generalized human needs. Nico Stehr's argument amply demonstrates not only that all social theories now need to take into account the changing nature of social relations around knowledge, but also the parameters within which this analysis should take place. This book is essential reading for all those interested in social theory, sociology of knowledge and science, and the general issue of knowledge in the late 20th century. (shrink)

In recent years, British science policy has seen a significant shift ‘from deficit to dialogue’ in conceptualizing the relationship between science and the public. Academics in the interdisciplinary field of Science and Technology Studies (STS) have been influential as advocates of the new public engagement agenda. However, this participatory agenda has deeper roots in the political ideology of the Third Way. A framing of participation as a politics suited to post-Fordist conditions was put forward in the magazine Marxism Today in (...) the late 1980s, developed in the Demos thinktank in the 1990s, and influenced policy of the New Labour government. The encouragement of public participation and deliberation in relation to science and technology has been part of a broader implementation of participatory mechanisms under New Labour. This participatory program has been explicitly oriented toward producing forms of social consciousness and activity seen as essential to a viable knowledge economy and consumer society. STS arguments for public engagement in science have gained influence insofar as they have intersected with the Third Way politics of post-Fordism. (shrink)

New Materialisms brings into focus and explains the significance of the innovative materialist critiques that are emerging across the social sciences and humanities. By gathering essays that exemplify the new thinking about matter and processes of materialization, this important collection shows how scholars are reworking older materialist traditions, contemporary theoretical debates, and advances in scientific knowledge to address pressing ethical and political challenges. In the introduction, Diana Coole and Samantha Frost highlight common themes among the distinctive critical projects that (...) comprise the new materialisms. The continuities they discern include a posthumanist conception of matter as lively or exhibiting agency, and a reengagement with both the material realities of everyday life and broader geopolitical and socioeconomic structures. Coole and Frost argue that contemporary economic, environmental, geopolitical, and technological developments demand new accounts of nature, agency, and social and political relationships; modes of inquiry that privilege consciousness and subjectivity are not adequate to the task. New materialist philosophies are needed to do justice to the complexities of twenty-first-century biopolitics and political economy, because they raise fundamental questions about the place of embodied humans in a material world and the ways that we produce, reproduce, and consume our material environment. Contributors Sara Ahmed Jane Bennett Rosi Braidotti Pheng Cheah Rey Chow William E. Connolly Diana Coole Jason Edwards Samantha Frost Elizabeth Grosz Sonia Kruks Melissa A. Orlie. (shrink)

In lieu of an abstract, here is a brief excerpt of the content:Journal of the History of Ideas 63.3 (2002) 465-481 [Access article in PDF] The Physiology of Political Economy: Vitalism and Adam Smith's Wealth of Nations Catherine Packham The Scottish Enlightenment has been described as uniting a concern with the origins and foundations of knowledge with a preoccupation with the useful application of knowledge in schemes of practical improvement. 1 Adam Smith's Inquiry into the Nature and (...) Causes of the Wealth of Nations, which combines a theoretical account of political economy with specific proposals on politico-economic matters, might seem to exemplify such a characterization. For some commentators at the time of its publication, however, Smith's lack of practical experience in the field of trade disqualified any claims he might make to authoritative knowledge. Sir John Pringle, for instance, military surgeon and friend of Smith's, thought that a man "who had never been in trade could not be expected to write well on the subject"; and while Dr. Johnson repudiated this, suggesting that all that was necessary was "extensive views," Pringle's opinion was not unusual. 2 Such objections, interrogating the very basis of Smith's expertise, reiterate, in the context of his work, the same kinds of questions regarding knowledge's provenance which preoccupied his age, and which were indeed addressed by Smith himself. Smith's own account of the formation of philosophical knowledge rests not on the authority of experience but on the role of the imagination; he understood systematic knowledge as an imaginative "machine" or work of fancy created to please and soothe a mind disturbed by phenomena which are observed but unexplained. 3 Smith's account of philosophical [End Page 465] knowledge, in which he would include his own Wealth of Nations, suggests that his own expertise should be judged not on the extent of his personal experience of the matters discussed but on the explanatory power and pleasurable nature of the system which he outlines. With its emphasis on the work of the philosophical imagination, his account also suggests that some of the sources for that system might be somewhat unexpected, a suggestion which this paper will pursue.Such questions concerning the genesis and formation of the new discourse of political economy instituted by Wealth of Nations have recurred in our own time, informing some of the more illuminating of recent work on Smith. Rejecting a tradition which assesses the significance of Wealth of Nations in terms of its anticipation of modern economic analysis, revisionist historians of political and economic thought have, since the late 1970s, offered more contextualist accounts of the work, tracing the relations between Smith's moral and economic philosophy and the contemporary discourses of natural jurisprudence and civic humanism. Other commentators have borrowed from literary scholarship to examine the textual and discursive conventions through which Smith's writings construct and sustain their meanings. 4 Such work has given a new emphasis to the textual and discursive nature of Smith's work as a means to understand its derivation, sources, and influences; it has replaced an older perception of Smith as inspired prophet-founder of the new political economy with an effort to interpret his work in the context of other, adjacent and contemporary forms of inquiry. Collectively, such work highlights the varied and disparate discourses which informed Smith's thinking on economic and other matters and seeks to understand how the complex and diverse forms of interaction with and assimilation of aspects of these philosophical and other discourses may have contributed to the formation of Smith's work—and hence, must also figure in our own attempts to read it.This paper, by exploring a strand of physiological language and imagery which runs through Wealth of Nations and considering it in the context of new developments in Scottish physiological research in the middle decades of the eighteenth century, also seeks to understand Smith's work by examining its relations with contemporary philosophical discourse. Where other recent accounts of Wealth of Nations have reassessed its relationship with moral, political and legal discourses, it will... (shrink)

Everything we do in life involves a connection with information, experience and know-how: together these represent the most valuable of intangible human assets encompassing our history, cultures and wisdom. However, the more easily new technologies gather information, the more we are confronted with our limited capacity to distinguish between what is essential, important or merely ‘nice-to-have’. This article presents the case study of a multilingual Knowledge Management System, the Business enabling e-Platform that gathers and protects tacit knowledge, as (...) the key to developing structured intellectual capital, while acknowledging the urgent need here to integrate Ethics-by-design alongside AI-by-design, in view of the far-reaching consequences involved, for good or ill. It also explains how a beneficial Circular Economy of Knowledge depends on evidence-based answers, and how harmonising taxonomies, terminology and standards promotes global trust as the basis for the unhindered transfer of tacit knowledge between generations in a way that benefits everyone. (shrink)

In _The Immaterial_,_ _French social philosopher André Gorz argues, in his finely-tuned and polemical style, that the economic boom that accelerated in the 1990s and crashed so spectacularly in 2008 was based largely on an immaterial consumption of symbols and ideas, as capitalism tried to overcome the crisis of the formally industrial regime by throwing itself into a new, so-called knowledge economy. In this, the last full-length theoretical work Gorz completed before his death, he argues instead for the (...) creation of a true knowledge economy. This economy would be based on zero-cost exchange and pooled resources, and knowledge would be treated as humanity’s common property. Currently, in order to exploit knowledge and turn it into capital, the capitalist enterprise privatizes specialized knowledge and claims ownership through private licenses and copyright. But as Gorz shows, the traditional foundations of such capitalist economics have begun to crumble because of the immaterial nature of this new form of product, which makes it almost impossible to measure in monetary terms. The knowledge economy, Gorz declares, _is_ the crisis of capitalism. Thought-provoking and divisive, _The Immaterial _is the perfect book for our time, as we begin to reimagine the structures of our economic system in order to rebuild and move forward. “It is to Gorz... that readers should turn for a compelling combination of sharp analysis, well-wrought polemic, and suggestions for the future.”—_Red Pepper_ “A great figure of the intellectual Left.”—Nicolas Sarkozy “Gorz’s intelligence strikes you at the very first glance: it is one of the nimblest, acutest intelligences I know.”—Jean-Paul Sartre. (shrink)

The political ideology of neoliberalism is widely recognized as having influenced the organization of national and global economies and public policies since the 1970s. In this article, we examine the relationship between the neoliberal variant of globalization and science. To do so, we develop a framework for sociology of science that emphasizes closer ties among political sociology, the sociology of social movements, and economic and organizational sociology and that draws attention to patterns of increasing and uneven industrial influence amid several (...) countervailing processes. Specifically, we explore three fundamental changes since the 1970s: the advent of the knowledge economy and the increasing interchange between academic and industrial research and development signified by academic capitalism and asymmetric convergence; the increasing prominence of science-based regulation of technology in global trade liberalization, marked by the heightened role of international organizations and the convergence of scientism and neoliberalism; and the epistemic modernization of the relationship between scientists and publics, represented by the proliferation of new institutions of deliberation, participation, activism, enterprise, and social movement mobilization. (shrink)

With the rise of the knowledge economy, the knowledge content of goods and services is going up just as their material content is declining. Economic value is increasingly seen to reside in the former - that is, in intangible assets - rather than in the latter. Yet we keep wanting to turn knowledge back into something tangible, something with definite boundaries which can be measured, manipulated, appropriated, and traded. In short, we want to reify knowledge. (...) Scholars have been debating the nature of knowledge since the time of Plato. Many new insights have been gained from these debates, but little theoretical consensus has been achieved. Through six thematically linked chapters, the book articulates the theoretical approach to the production and distribution of knowledge that underpins Max Boisot's conceptual framework, the Information Space or I-Space. In this way the book looks to provide theoretical and practical underpinnings to Boisot's book Knowledge Assets.Following an introductory chapter, how knowledge relates to data and information is first examined in chapter 1, and how different economic actors - entrepreneurs, managers, etc - use knowledge as a basis for action is explored in chapter 2. Chapter 3 looks at how the heterogeneity of economic actors arises naturally from their respective data processing strategies in spite of any similarities in the data that they might share. Chapter 4 argues, contra much transaction-based economics, that an organizational order must have preceded a market order, something that should be reflected in any knowledge-based theory of the firm. Chapter 5 discusses the cultural and institutional significance of different kinds of knowledge flows. Finally, chapter 6 presents an agent-based simulation model, SimISpace, that illustrates how the I-Space might be applied to concrete problems such those of intellectual property rights. A concluding chapter proposes a research agenda based on the theorizing developed in the book.The approach the book sets out is used by a whole range of organizations to issues of knowledge management, policy, economics, and organizational and cultural change. (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)

This chapter contains sections titled: Weaving New Fabric Out of a Ripped Yarn The Economy of Exchange and the Marketization and Customerization of Education The Rule of the Market Under Attack Is Education Possible in Schools? Notes.

Comprendre les mécanismes sous-jacents de la «nouvelle économie» permet d'augmenter ses chances de gagner au jeu. Un rapide survol des conditions de naissance et de développement de la nouvelle économie montre que le passage de l'économie industrielle à l'économie du savoir a été accompagné par des malentendus similaires à ceux qu'a soulevés l'avènement de l'industrie dans les sociétés agraires. Dans cet article, nous montrons qu'il faut bien distinguer la nouvelle économie, l'économie des services et l'économie du don. Nous évaluons la (...) pertinence des grandes théories économiques pour rendre compte de la nouvelle économie. En examinant les sources des revenus qu'elle peut fournir, nous montrons les dangers qu'une gestion imprudente et non orthodoxe risque d'engendrer. Le temps romantique des pionniers est révolu; la crise de croissance est dépassée. Il reste que la nouvelle économie offre à l'homme du nouveau millénaire l'occasion de se réinventer.Understand the underlying mechanisms of the "new economy" to increase his chances of winning the game A quick overview of the conditions of birth and development of the new economy shows the transition from the industrial economy to the knowledge economy has been accompanied by misunderstandings similar to those that were raised the advent of industry in agrarian societies. In this paper, we show that it is necessary to distinguish the new economy, the service economy and the gift economy. We evaluate the relevance of major economic theories to account for the new economy. In examining the sources of income it can provide, we show that the dangers reckless and unorthodox management may cause. Romantic time of the pioneers are gone, the growth crisis is exceeded. It remains that the new economy offers to man the new millennium opportunity to reinvent itself. (shrink)

This article explores the management and organisational context for capturing and retaining knowledge transferred through the design process. It is widely acknowledged that our ability to successfully organise and transfer design knowledge is dependant upon the context in which it is situated. However the knowledge generated through the creative process is often viewed from the perspective of the artefact rather the process itself. An understanding of the socially complex knowledge-based resources operating within design groups could enhance (...) competitiveness and organisational development. Yet, a systematic literature review of leading design and educational management journals found limited empirical evidence that shed light on the influence of knowledge management on design group performance. The article addresses this gap in the literature. Based on two in-depth case studies with interior design companies implementing new digital asset management systems over a 2-year period, the paper explores the findings in relation to design practice and policy, alongside implications for the contribution of the creative industries to the knowledge economy. (shrink)

This study discusses the paradigm shift that has occurred in public speaking practice in the first two decades of the 21st century, conceptualised under the term ‘the New Oratory’. The New Oratory is a product of the digital revolution in that it brings together formats that are typically relayed via videos uploaded to the Internet, and serves as a vector of the new, digital economy. Drawing on previous critical work linking language and discourse to what is referred to as (...) the new economy, late or new capitalism or neoliberalism, the study focuses on two aspects of discourse practice that can be explained due to developments within the current economic climate: the entrepreneurial speaker ethos that is embodied by the start-up generation of entrepreneurs, finds a resonance in Anglo communication culture and is closely linked to the neoliberal emphasis on branding; the model of horizontal knowledge or information-sharing, whereby a move from specialist to non-specialist target audiences is shifting the frontiers of discourse communities and leading to their reorganisation. These two phenomena are illustrated via examples taken from two formats: the investor pitch and the three-minute-thesis presentation. The first belongs to the corporate sector, the second to academia. The study highlights the neoliberal forces at work outside the corporate sector per se which have come to influence most spheres of professional, social and personal lives, as well as the way these forces are ultimately being promoted by the emergence of a new, fairly homogeneous discursive setup. (shrink)

More recent advancements in digital technologies have significantly alleviated the dissemination of new scientific ideas as well as the storing, searching and retrieval of large amounts of published research findings. While not denying the benefits of this novel ‘economy of memory,’ this paper endeavors to shed light on the ways in which the use of digital technologies may be linked to a distortion of the system of formal publications that facilitates the effective dissemination and collaborative building of scientific (...) class='Hi'>knowledge. Through combining three different strands of discussion that are often left separate – those pertaining to the cognitive effects of new technological memory systems, those pertaining to citation and publishing practices, and those regarding the effects of formalizing modes of research governance – it is also shown that this distortion is not merely a consequence of technological developments alone. Rather, such a distortion is inseparable from and potentially aggravated by the spreading of increasingly dysfunctional, formalizing research governance mechanisms. It is argued that these mechanisms run the risk of fostering the proliferation of knowledge practices that are characterized by an increasing degree of superficiality as well as the strategic publication of research that is of a decreasing degree of originality. If left unaddressed, this may pose a serious threat to the efficiency and effectiveness of the formal record of scientific knowledge as a tool for the dissemination of original research. By extension, this may in the long run seriously undermine the capacity of the publicly funded research system more generally. (shrink)

The present is a moment of crisis and transition, both generally and specifically in “knowledge” and its institutions. Acknowledging this elicits the key questions: where are we? Where are we headed? What, if anything, can be done about this? And what can the “economics of science” contribute to this? This paper assumes a “cultural political economy of research & innovation” perspective to explore the current upheaval and transition in the system of academic knowledge production, at the confluence (...) of accelerating commercialisation and the seemingly opposing movement of “open science.” This perspective affords a characterisation of the core of the current crises as a crisis of moral economy; an issue to which a political economy of epistemic authority is in turn crucial. A “remoralizing” of knowledge production is thus a matter of key systemic importance, though it is important to understand such developments in power-strategic, and not explicitly moral, terms. Much of the current moves towards “open science” and “massively open online courses” can also then be seen as self-defeating developments that simply exacerbate the crisis of a viable “economy of science” and in no sense its solution. Their lasting significance, however, is more likely to lie precisely in their effects on the construction of a new moral economy of knowledge production. (shrink)

Economies - and the government institutions that support them - reflect a moral and political choice, a choice we can make and remake. Since the dawn of industrialization and democratization in the late eighteenth century, there has been a succession of political economic frameworks, reflecting changes in technology, knowledge, trade, global connections, political power, and the expansion of citizenship. The challenges of today reveal the need for a new moral political economy that recognizes the politics in political (...) class='Hi'>economy. It also requires the redesign of our social, economic, and governing institutions based on assumptions about humans as social beings rather than narrow self-serving individualists. This Element makes some progress toward building a new moral political economy by offering both a theory of change and some principles for institutional design. (shrink)

Fragile states have been raising increasing concern among donors since the mid-2000s. The policies of the Global Fund to fight HIV/AIDS, Malaria, and Tuberculosis have not excluded fragile states, and this source has provided financing for these countries according to standardized procedures. They represent interesting cases for exploring the meaning and role of measurement in a globalized context. Measurement in the field of HIV/AIDS and its treatment has given rise to a private outsourcing of expertise and auditing, thereby creating a (...) new form of value based on the social process of registration and the creation of realities produced by the intervention itself. These “scriptural economies” must be questioned in terms of the production of knowledge, but also in terms of social justice. Governing HIV/AIDS treatments by numbers in a fragile state is explored in this article through the experience of the Central African Republic in terms of epidemiology and access to antiretroviral drugs. The unexpected effects of performance-based programs in this context underline the need for global health governance to be re-embedded into a social justice framework. (shrink)