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information and the subsequent growth of a new economy based upon information capital(ism), which is the accumulation of profit … 'surveillant' qualities of Internet technologies have facilitated the growth in information capital(ism). It will also illustrate …
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This article responds to the question: "Capitalism: What has gone wrong, what needs to change and how to fix it" for a … special volume on capitalism in Oxford Review of Economic Policy. Debates on capitalism get muddled by blind spots about …. The key problems with capitalism today boil down to failed governance and confusions that obscure the issues and prevent …
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This chapter reviews the recent debate about the role of social capital in economics. We argue that all the difficulties this concept has encountered in economics are due to a vague and excessively broad definition. For this reason, we restrict social capital to the set of values and beliefs...
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‘The knowledge economy' is sometimes used as an analytical term, sometimes as a scenario. As an analytical term, the concept allows theoretical integration of observations made in various research areas, e.g. business strategy, innovation, HRM, education, labour market, information technology,...
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Moore & Shannon's theorem is the cornerstone in reliability theory, but cannot be applied to human systems in its original form. A generalization to human systems would therefore be of considerable interest because the choice of organization structure can remedy reliability problems that...
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We analyze the classic problem of sustaining trust when cheating and leaving trading partners is easy, and outside enforcement is difficult. We construct equilibria where individuals are loyal to smaller groups – communities – that allow repeated interaction. Hierarchies provide incentives...
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