The Wealth of Networks: How Social Production Transforms by Yochai Benkler

By Yochai Benkler

With the unconventional adjustments in details creation that the net has brought, we stand at an immense second of transition, says Yochai Benkler during this thought-provoking publication. The phenomenon he describes as social creation is reshaping markets, whereas while providing new possibilities to augment person freedom, cultural range, political discourse, and justice. yet those effects are on no account inevitable: a scientific crusade to guard the entrenched business details economic climate of the final century threatens the promise of today's rising networked info environment.

In this finished social conception of the web and the networked info financial system, Benkler describes how styles of data, wisdom, and cultural construction are changing—and indicates that the way in which details and information are made on hand can both restrict or magnify the methods humans can create and show themselves. He describes the diversity of felony and coverage offerings that confront us and continues that there's a lot to be gained—or lost—by the choices we make this present day.

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Extra resources for The Wealth of Networks: How Social Production Transforms Markets and Freedom

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After a period of instability, however, the various elements of human behavioral constraint and affordances settled on a new stable alignment. During periods of stability, we can probably hope for little more than tinkering at the edges of the human condition. This book is offered, then, as a challenge to contemporary liberal democracies. We are in the midst of a technological, economic, and organizational transformation that allows us to renegotiate the terms of freedom, justice, and productivity in the information society.

Benefits can be obtained either in reliance on asserting one’s exclusive rights, or by following a non-exclusive strategy, using some other mechanism that improves the position of the information producer because they invested in producing the information. Nonexclusive strategies for benefit maximization can be pursued both by market actors and by nonmarket actors. 1 maps nine ideal-type strategies characterized by these components. ” It conceives of the information producer as a single author or inventor laboring creatively—hence romantic—but in expectation of royalties, rather than immortality, beauty, or truth.

The answer is that it comes mostly from a mixture of (1) nonmarket sources—both state and nonstate—and (2) market actors whose business models do not depend on the regulatory framework of intellectual property. The former type of producer is the expected answer, 39 40 The Networked Information Economy within mainstream economics, for a public goods problem like information production. The National Institutes of Health, the National Science Foundation, and the Defense Department are major sources of funding for research in the United States, as are government agencies in Europe, at the national and European level, Japan, and other major industrialized nations.

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