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Download e-book for kindle: Another Economy is Possible: Culture and Economy in a Time by Manuel Castells

By Manuel Castells

through the Western global, governments and monetary elites spoke back to the monetary quandary of 2008 by way of attempting to restoration the stipulations of industrial as ordinary, however the fiscal, social and human harm inflicted via the situation has given upward push to a reconsideration of the inevitability of unfettered capitalism as a truth of existence. a few monetary practices and corporations emerged in Europe and the U.S. that embodied replacement values: the price of existence over the price of cash; the effectiveness of cooperation over cut-throat festival; the social accountability of organizations and in charge law through governments over the temporary speculative suggestions that introduced the financial system to the threshold of disaster.

This booklet examines the blossoming of leading edge new experiments in organizing paintings and existence that emerged within the wake of the monetary problem: cooperatives, barter networks, moral banking, group currencies, shared time banks, harmony networks, sharing of products, non-monetary transactions, etc., experiments that prepared the ground for the emergence of a sharing economic system in all domain names of job orientated towards the pride of human wishes. different recommendations integrated the construction of cryptographic digital currencies, epitomized through bitcoin, which combined a libertarian, entrepreneurial spirit with info know-how to supply an alternative choice to normal sorts of forex. at the foundation of a cross-cultural research of other fiscal practices, this booklet develops a major theoretical argument: that the financial system, as a human perform, is formed through tradition, and that the variety of cultures, as printed in a time of obstacle, implies the potential of varied economies looking on the values and tool relatives that outline monetary associations.

This ebook may be of significant curiosity to scholars and students in sociology, economics and the social sciences ordinarily, and to somebody who needs to appreciate how our societies and economies are altering today.

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Another Economy is Possible: Culture and Economy in a Time of Crisis by Manuel Castells


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