A model of Cognitive Capitalism: a preliminary analysis
Andrea Fumagalli () and
Stefano Lucarelli
MPRA Paper from University Library of Munich, Germany
Abstract:
The aim of this paper is to present a first theoretical macro-modelling of cognitive capitalism, by utilizing the French regulation theory approach. With regard to the supply side analysis, we shall emphasize the role played by productivity dynamics: it is mainly affected by two types of dynamics: scale economics, based on learning processes and network activity. Turning to demand-side aspects, aggregate demand takes in account also the role played by distribution effects of financial markets, which operates as a distorsive income multiplier. As, on the one side, it depends upon the trade-off between learning processes diffusion and intellectual property rights and, on the other, upon income polarization (due to precariousness and limited access to capital gains) and demand growth stability. The stability of the system cannot be guaranteed. The need for new rules concerning income distribution process (i.e. basic income policy) will be taken in consideration.
Keywords: Cognitive Capitalism; Knowledge; Learning Processes; Network Economies; General Intellect; Capital Gains; Basic Income (search for similar items in EconPapers)
JEL-codes: B50 E12 E20 P17 (search for similar items in EconPapers)
Date: 2007
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)
Published in European Journal of Economic and Social Systems 1.20(2007): pp. 117-133
Downloads: (external link)
https://mpra.ub.uni-muenchen.de/28012/1/MPRA_paper_28012.pdf original version (application/pdf)
Related works:
Journal Article: A model of cognitive capitalism. A preliminary analysis (2007) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:28012
Access Statistics for this paper
More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().