Market Capitalism (market + capitalism)

Distribution by Scientific Domains


Selected Abstracts


The E-economy and the Rise of Technocapitalism: Networks, Firms, and Transportation

GROWTH AND CHANGE, Issue 4 2003
Luis Suarez-Villa
ABSTRACT The e-economy is part of a larger phenomenon, technocapitalism, that is transforming business organizations and the ways in which they transact, produce, and ship their goods. Technocapitalism is an evolution of market capitalism that is rooted in technological innovation and supported by such intangibles as creativity and knowledge. This paper considers first the main characteristics of networks that support the e-economy and its source phenomenon, the emergence of technocapitalism. Networks are thought to be the main vehicle through which the e-economy spreads, and they have major effects on the organization of business firms. The culture of technocapitalism, with its emphasis on continuous innovation and rapid adjustment, is largely behind the rising importance of networks. A second section then considers the deconstruction of business firms and its relation to networks, the e-economy, and the rise of technocapitalism. A historical perspective is provided to show the contrast with previous eras. The deconstruction of business organizations involves a major transformation of the norms and ways in which firms are run and structured. Finally, the likely implications for transportation and shipping of the rise of the e-economy, its networks, and the deconstruction of firms are discussed. The logistics, pricing, and infrastructure of shipping are likely to be substantially affected by the spread of the e-economy, its networks, and the deconstruction of firms. [source]


Thoughts on building a just market society

JOURNAL OF PUBLIC AFFAIRS, Issue 2 2002
Michael Thomas
Abstract This paper explores the tensions that exist in contemporary society between the individual as citizen and the individual as consumer. The power of the global market place can potentially drive the polity, so it is necessary to raise questions about the means to secure a healthy civic and political life. Financial capitalism, knowledge capitalism and social capitalism are explored as a means of understanding the nature of modern market capitalism. Can financial knowledge and social capitalism be turned into a virtuous circle of innovation, growth and social progress? The paper suggests that trust is the glue, the cement of a just society, and the dimensions of this trust are explored. Finally, the paper examines the nature of stakeholder society. Copyright © 2002 Henry Stewart Publications [source]


Bioethics, Theology, and Social Change

JOURNAL OF RELIGIOUS ETHICS, Issue 3 2003
Lisa Sowle Cahill
ABSTRACT Recent years have witnessed a concern among theological bioethicists that secular debate has grown increasingly "thin," and that "thick" religious traditions and their spokespersons have been correspondingly excluded. This essay disputes that analysis. First, religious and theological voices compete for public attention and effectiveness with the equally "thick" cultural traditions of modern science and market capitalism. The distinctive contribution of religion should be to emphasize social justice in access to the benefits of health care, challenging the for-profit global marketing of research and biotechnology to wealthy consumers. Second, religion and theology have been and are still socially effective in sponsoring activism for practical change, both locally and globally. This claim will be supported with specific examples; with familiar concepts like subsidiarity and "middle axioms"; and with recent analyses of "participatory democracy" and of emerging, decentralized forms of global governance. [source]


On Neoliberalism and Other Social Diseases: The 2008 Sociocultural Anthropology Year in Review

AMERICAN ANTHROPOLOGIST, Issue 2 2009
Justin B. Richland
ABSTRACT In this article, I consider a selection of the 129 articles of new research published in five of the leading Anglo-American peer-reviewed outlets for sociocultural anthropology in 2008, discerning two general, but related, trends. The first suggests an ongoing interest among sociocultural anthropologists in new forms and contexts of market capitalism and a deepening concern for the multiple, complex, and even contradictory orientations to those forms by social actors caught up in them. The second reveals a concern with the imbrications of political and scientific epistemologies, particularly as they emerge in state policies and actions around issues of public health, the environment, and agriculture. Where they come together is in the number of studies whose objects of inquiry reside at the nexus where science, politics, and markets meet in what they see as the creeping expansion of neoliberal logics and their implications for the state as a political formation. [Keywords: sociocultural anthropology, neoliberalism, science studies, public health, capitalism] [source]


Community in Public Policy: Fad or Foundation?

AUSTRALIAN JOURNAL OF PUBLIC ADMINISTRATION, Issue 2 2001
David Adams
Both internationally and within Australia public policy is experiencing a rush back to the idea of community. After 15 years of discourse about the new public management and economic rationalism a much older discourse is slipping back into public policy. It is a normative discourse about changing relations between state democracy, market capitalism and civil society in which the idea of community is a central ,new' relation used to manage both state and market failures. Already new policy tools emerging from this discourse can be seen with innovations based on concepts such as partnerships, place management, and a raft of community consultation mechanisms. Much of the rhetoric about community as a new foundation for public policy, however, remains confused. The result is a muddle of ideas in which this potentially useful concept is in danger of becoming just another public policy reform fad. This article looks at what policy makers are saying about community, identifies problems in this current usage and offers ways of thinking about community with a view to establishing its policy utility. [source]