The Value Crisis of Cognitive Capitalism


A lecture by Michel Bauwens examining a hypothesis which asserts that, when an economic/social system is in crisis, workers and others will develop new patterns of value creation and distribution in an attempt to solve the crisis, and those patterns will eventually coalesce into a subsystem that could lead to the establishment of a new economic/social system, in contrast to an argument that asserts workers first take power politically and then act to change the economic/social system.

Michel Bauwens is the founder of the Foundation for Peer-to-Peer Alternatives and works in collaboration with a global group of researchers in the exploration of peer production, governance, and property. He is currently Primavera Research Fellow at the University of Amsterdam and external expert at the Pontifical Academy of Social Sciences. Bauwens has also served as research director of the transition project towards the social knowledge economy, an official project in Ecuador, and of the floksociety.org research group, which produced the first integrated Commons Transition Plan for the government of Ecuador aimed at creating a “social knowledge economy.” During the spring 2016 semester, Bauwens is an Activist-in-Residence Writing Fellow with the Havens Center.

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