By Carlo Vercellone (Author), Andrea Fumagalli (Author), Vladimir Cvijanovic (Author)
Cognitive capitalism is taken into account to be a brand new degree within the ancient evolution of capitalism that's present process a change affecting many of the legislation and traits attribute of commercial capitalism. This increases a sequence of matters tackled within the theoretical half, specifically concerning the elevated value of cognitive paintings and the hot composition of the labour industry that impression the determinants of the price of products, the constitution of welfare, and the different types of source of revenue distribution. A historic research is utilized to explain the evolution of cognitive capitalism and its endogenous, probably destabilising, dynamics. The empirical half analyses the diffusion of cognitive capitalism within the former socialist international locations of South-Eastern Europe and somewhere else.
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Extra info for Cognitive Capitalism and its Reflections in South-Eastern Europe (Socio-Economic Perspectives in South Eastern Europe)
The monetary circuit as social macroeconomic analysis rather considers modern econom y as a monetary production economy and thereby it involves a com pletely different mechanism from that o f a barter economy. Monetary economy means that all exchanges are settled in money and this raises immediately the problem o f how money is created and introduced into the system. In modern 25 . Sozio-ökonomische Perspektiven in Südosteuropa, Volume 2 : Cognitive Capitalism and its Reflections in South-Eastern Europe.
Ppg=42 Copyright © Peter Lang AG. All rights reserved. S. or applicable copyright law. theory o f value). This occurs not ju st because one or more agents can decide to accumulate liquidity and thereby interrupt the monetary circuit but especially because the enterprises, at the end o f the production process, have to find ade quate liquidity to pay o ff their loans including the agreed interest rates. Al though this can happen, it is necessary that some conditions occur in order to solve the problem o f the realization faced by the enterprises.
Nelson, R. R. and S. G. Winter (1982), An Evolutionary’ Theory o f Economic Change, Cam bridge, MA: Belknap Press o f Harvard University Press. Orlean A. (2010), Dall'euforia aI panico. Ombre Corte, Verona. 39 . Sozio-ökonomische Perspektiven in Südosteuropa, Volume 2 : Cognitive Capitalism and its Reflections in South-Eastern Europe. : Peter Lang AG, . ppg=55 Copyright © Peter Lang AG. All rights reserved. S. or applicable copyright law. Orlean, A. ”, in P. -P. Nadal (eds). Cogni tive Economics, Berlin, Heidelberg, and New York: Springer-Verlag, pp.