Sunday, November 02, 2008

Instead of a bank, a community?

Adam Arvidsson & Nicolai Peitersen seem to be thinking on a sufficiently large scale as to perhaps be looking around the bend, past the end of capitalism, with some clue as to what might come after - and what they see coming is not supercapitalism. The book, not yet released, is called The Ethical Economy.

There's a fascinating excerpt here, and a pdf of the Introduction here. See also Phil's post at Gifthub.

An excerpt from the excerpt:

Ethics, Finance, Crisis

These might seem like three terms picked at random. However I would like to suggest that beyond its direct, contingent causes, the current financial crisis is a symptom of the emergence of a new economic system, where value is increasingly based on ethical factors, or on ‘life conduct’. I call this an ethical economy: and I will try to explain why, and how it relates to the current crisis.

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Anonymous Kent said...

Tom, Only the 1st chapter is available online. Do I have to actually pay money for the rest of this book? Isn't that how they distributed information in the old capitalism?

11/03/2008 3:36 PM  
Blogger Tom Matrullo said...

Dunno, Kent - I looked for a place where it could be obtained in exchange for coin of some realm, but didn't find such a place. I think it's still being edited (lots of typos in the intro).

11/03/2008 4:08 PM  
Blogger jonhusband said...

From talking with Nicolai, it seems they have yet to finish writing it. I believe they intend to release it / make it available on the Web.

11/04/2008 3:38 PM  
Blogger Tom Matrullo said...

Thanks Jon - looking forward to it.

11/04/2008 8:40 PM  

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