Roberto Mangabeira Unger
The Knowledge Economy
The Knowledge Economy
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Adam Smith and Karl Marx recognized that the best way to understand the economy is to study the most advanced practice of production, which is now the knowledge economy. This book explores the hidden nature of the knowledge economy and its potential futures, but it remains a fringe excluding the vast majority of workers and businesses. Unger sets out the route to a knowledge economy for the many, changes in economic institutions, education, culture, and politics.
Format: Paperback / softback
Length: 304 pages
Publication date: 28 June 2022
Publisher: Verso Books
Adam Smith and Karl Marx understood that the most advanced practice of production was the key to understanding the economy. Today, that practice is the knowledge economy, a radically innovative vanguard that has emerged as the dominant force in the global economy. However, the knowledge economy remains a fringe, excluding the vast majority of workers and businesses. This confinement has led to economic stagnation and inequality across the world.
Traditional mass production, once seen as a shortcut to economic growth, has failed to deliver the desired results. The alternative, a deepened and socially inclusive form of the knowledge economy, remains out of reach in even the richest countries.
In his book, Unger sets out a roadmap for creating a knowledge economy for the many. He proposes changes not only in economic institutions but also in education, culture, and politics. He draws on an understanding of the most advanced practice of production to rethink both economics and the economy as a whole.
Just as Smith and Marx did in their time, Unger uses an understanding of the most advanced practice of production to challenge conventional wisdom and propose new solutions to the economic and social challenges facing our world. His book is a valuable contribution to the ongoing debate about the future of the knowledge economy and the role of production in shaping our society.
Weight: 276g
Dimension: 140 x 209 x 22 (mm)
ISBN-13: 9781788734981
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