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Cognitive-cultural Economy
Cognitive-cultural economy or cognitive-cultural capitalism is represented by sectors such as high-technology industry, business and financial services, Personal service sector, personal services, the Mass media, media, the Cultural industry, cultural industries. It is characterized by digital electronics, digital technologies combined with high levels of cognitive and cultural labor. Overview The concept of cognitive-cultural economy has been associated with 'post-Fordism', the 'knowledge economy', the 'new economy' and highly flexible labor markets. As Fordist mass production began to wane after the mid to late 1970s in advanced capitalist countries, a more flexible system of productive activity began to take its place. The concept of cognitive-cultural capitalism has developed as a response to the insufficiency of the interpretations of this transition from a Fordist to a post-Fordist model of "flexible Capital accumulation, accumulation. Early empirical studies of this new syste ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
High-technology Industry
High technology (high tech), also known as advanced technology (advanced tech) or exotechnology, is technology that is at the cutting edge: the highest form of technology available. It can be defined as either the most complex or the newest technology on the market. The opposite of high tech is '' low technology'', referring to simple, often traditional or mechanical technology; for example, a slide rule is a low-tech calculating device. When high tech becomes old, it becomes low tech, for example vacuum tube electronics. The phrase was used in a 1958 ''The New York Times'' story advocating "atomic energy" for Europe: "... Western Europe, with its dense population and its high technology ...." Robert Metz used the term in a financial column in 1969, saying Arthur H. Collins of Collins Radio "controls a score of high technology patents in a variety of fields." and in a 1971 article used the abbreviated form, "high tech." A widely used classification of high-technological manuf ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Post-Fordist
Post-Fordism is the dominant system of economic production, consumption, and associated socio-economic phenomena in most industrialized countries since the late 20th century. It is contrasted with Fordism, the system formulated in Henry Ford's automotive factories, in which workers work on a production line, performing specialized tasks repetitively, and organized through Taylorist scientific management. Definitions of the nature and scope of post-Fordism vary considerably and are a matter of debate among scholars. Changes in the nature of the workforce include the growth of labor processes and workflows relying on information and communication technologies and digital labor. Overview Post-Fordism is characterized by the following attributes: *Small-batch production *Economies of scope *Specialized products and jobs *New information technologies *Emphasis on types of consumers in contrast to previous emphasis on social class *The rise of the service and the white-collar worker *T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Regulation School
The regulation school (french: l'école de la régulation) is a group of writers in political economy and economics whose origins can be traced to France in the early 1970s, where economic instability and stagflation were rampant in the French economy. The term ''régulation'' was coined by Frenchman Destanne de Bernis, who aimed to use the approach as a systems theory to bring Marxian economic analysis up to date.''The Regulation School: A Critical Introduction'' (Columbia University Press, 1990) These writers are influenced by structural Marxism, the Annales School, institutionalism, Karl Polanyi's substantivist approach, and theory of Charles Bettelheim, among others, and sought to present the emergence of new economic (and hence social) forms in terms of tensions within existing arrangements. Since they are interested in how historically specific systems of capital accumulation are "regularized" or stabilized, their approach is called the "regulation approach" or "regulat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Purple Economy
Purple is any of a variety of colors with hue between red and blue. In the RGB color model used in computer and television screens, purples are produced by mixing red and blue light. In the RYB color model historically used by painters, purples are created with a combination of red and blue pigments. In the CMYK color model used in printing, purples are made by combining magenta pigment with either cyan pigment, black pigment, or both. Purple has long been associated with royalty, originally because Tyrian purple dye, made from the mucus secretion of a species of snail, was extremely expensive in antiquity. Purple was the color worn by Roman magistrates; it became the imperial color worn by the rulers of the Byzantine Empire and the Holy Roman Empire, and later by Roman Catholic bishops. Similarly in Japan, the color is traditionally associated with the emperor and aristocracy. According to contemporary surveys in Europe and the United States, purple is the color most oft ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Postfordism
Post-Fordism is the dominant system of economic production, consumption, and associated socio-economic phenomena in most industrialized countries since the late 20th century. It is contrasted with Fordism, the system formulated in Henry Ford's automotive factories, in which workers work on a production line, performing specialized tasks repetitively, and organized through Taylorist scientific management. Definitions of the nature and scope of post-Fordism vary considerably and are a matter of debate among scholars. Changes in the nature of the workforce include the growth of labor processes and workflows relying on information and communication technologies and digital labor. Overview Post-Fordism is characterized by the following attributes: *Small-batch production *Economies of scope *Specialized products and jobs *New information technologies *Emphasis on types of consumers in contrast to previous emphasis on social class *The rise of the service and the white-collar worker *T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Operaismo
Workerism is a political theory that emphasizes the importance of or glorifies the working class. Workerism, or , was of particular significance in Italian left-wing politics. As revolutionary praxis Workerism (or ) is a political analysis, whose main elements were to merge into autonomism, that starts out from the power of the working class. Michael Hardt and Antonio Negri, known as operaist and autonomist writers, offer a definition of , quoting from Marx as they do so: : builds on Marx's claim that capital reacts to the struggles of the working class; the working class is active and capital reactive. :Technological development: Where there are strikes, machines will follow. "It would be possible to write a whole history of the inventions made since 1830 for the sole purpose of providing capital with weapons against working-class revolt." (''Capital'', Vol. 1, Chapter 15, Section 5) :Political development: The factory legislation in England was a response to the working cl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
High-technology Industry
High technology (high tech), also known as advanced technology (advanced tech) or exotechnology, is technology that is at the cutting edge: the highest form of technology available. It can be defined as either the most complex or the newest technology on the market. The opposite of high tech is '' low technology'', referring to simple, often traditional or mechanical technology; for example, a slide rule is a low-tech calculating device. When high tech becomes old, it becomes low tech, for example vacuum tube electronics. The phrase was used in a 1958 ''The New York Times'' story advocating "atomic energy" for Europe: "... Western Europe, with its dense population and its high technology ...." Robert Metz used the term in a financial column in 1969, saying Arthur H. Collins of Collins Radio "controls a score of high technology patents in a variety of fields." and in a 1971 article used the abbreviated form, "high tech." A widely used classification of high-technological manuf ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Intellect
General intellect, according to Karl Marx in his ''Grundrisse'', became a crucial force of production. It is a combination of technological expertise and social intellect, or general social knowledge (increasing importance of machinery in social organization). The "general intellect" passage in the 'Fragment on machines' section of ''Grundrisse'', says that, while the development of machinery led to the oppression of workers under capitalism, it also offers a prospect for future liberation. Overview According to Marx, the development of the general intellect manifests in a capitalist society, in the control of the social life process. In other words, with the idea of the general intellect, Marx designates a radical change of the subsumption of labour to capital and indicates a third stage of the division of labour. The concept has several interpretations. For instance, Paolo Virno maintained that "general intellect" does not only thrive in communism, as Marx originally th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Labor Force
The workforce or labour force is a concept referring to the pool of human beings either in employment or in unemployment. It is generally used to describe those working for a single company or industry, but can also apply to a geographic region like a city, state, or country. Within a company, its value can be labelled as its "Workforce in Place". The workforce of a country includes both the employed and the unemployed (labour force). Formal and informal Formal labour is any sort of employment that is structured and paid in a formal way.Seager, Joni. 2008. The Penguin Atlas of Women in the World. 4th ed. New York: Penguin Books. Part 5 Unlike the informal sector of the economy, formal labour within a country contributes to that country's gross national product. Informal labour is labour that falls short of being a formal arrangement in law or in practice. It can be paid or unpaid and it is always unstructured and unregulated.Seager, Joni. 2008. The Penguin Atlas of Women in th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Silicon Valley
Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo County and Santa Clara County. San Jose is Silicon Valley's largest city, the third-largest in California, and the tenth-largest in the United States; other major Silicon Valley cities include Sunnyvale, Santa Clara, Redwood City, Mountain View, Palo Alto, Menlo Park, and Cupertino. The San Jose Metropolitan Area has the third-highest GDP per capita in the world (after Zurich, Switzerland and Oslo, Norway), according to the Brookings Institution, and, as of June 2021, has the highest percentage of homes valued at $1 million or more in the United States. Silicon Valley is home to many of the world's largest high-tech corporations, including the headquarters of more than 30 businesses in the Fortune 1000, and thousands of startup companies ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
