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Adam Arvidsson: Value in Ethical Economy. Conclusions on Money and Esteem

Adam concludes his essay in this last part: “However the socialization of ICTs and common standards will make them easily convertible. As Paul Hartzog imagines the scenario in his ‘The future of money’ : So, here’s a scenario for the future. You go to a rock concert, and you’ve never seen the opening band before…. Continue reading

Adam Arvidsson: Value in Ethical Economy. Part Three: Can there be currencies of esteem?

Part three of the landmark essay by Adam Arvidsson, first published at IDC. Go the IDC version for the references. Adam: Traditional systems of honor and esteem have worked in close-knit communities. Scaling them towards the contemporary information economy will necessarily entail making esteem transferable between different communities with different value standards. What is needed… Continue reading

Adam Arvidsson: Value in Ethical Economy. Part Two: The Valuation of Esteem

Part two of a draft essay by Adam Arvidsson that was first published at IDC. Go that version for the references. Adam: “Brands have a double nature. On the one hand they are commodities, objects with certain monetary values that are traded (mainly) on financial markets. On the other hand they are a form of… Continue reading

Adam Arvidsson: Value in Ethical Economy. Part One: Brands as the third circuit of value

In an earlier landmark essay (to which I collaborated somewhat for an updated version), Adam Arvidsson had posed the key problem of our emerging era of peer production, or what he calls the ethical economy, namely that we are increasingly creating vital but hitherto ‘unacknowledgeable value‘. In this new essay, no less of a landmark… Continue reading

Adam Arvidsson: Social innovation in Malmo

Via. Adam Arvidsson: “In modern society we were used to thinking of culture and its production as business of specialized institutions of groups. Indeed the progressive disappearance of spontaneous popular culture, and the concomitant institutionalization of mass culture, were understood to be to central tendencies within the modernization process. “Spontankultur” Since the post-War years this… Continue reading

Adam Arvidsson: The advantages of peer-based measurement systems

Here is a third excerpt from Adam Arvidsson’s essay: ” The advantages of such peer based measurement systems are that they are emergent. They are not imposed by managers, NGOs or other organizations who might have little knowledge of the actual productive realities of particular practice, and who tend to impose ‘codes of conduct’ which… Continue reading

Adam Arvidsson: The new ethical economy is beyond measure

Here is our second excerpt of the remarkable essay by Adam Arvidsson: This absence of a measure points towards a power vacuum within the information economy. There is no common measure simply because nobody has been strong enough to impose a common measure, or to put in more Nietzschian terms, to decide what the values… Continue reading

Adam Arvidsson on P2Pvalue and the role of reputation in collaborative communities

P2Pvalue is an EU funded research project investigating value creation in P2P communities and exploring what powers P2P collaboration. The P2P Foundation is a partner in the project. Each month we feature an interview with members of the research team. This month we feature Adam Arvidsson whose work on the Ethical Economy and Digital Ethnography… Continue reading

After Free. Will the Ethical Economy save Facebook?

We call this new wave of social innovation and ethical economy, not because it is necessarily better or nicer than the corporate model that we are familiar with, but because is it is based collaborative forms of socialized production and motivated by a wide variety of values beyond that of material accumulation: programmers want to… Continue reading

Coming out soon: a major book about value in a contributive economy

“That a generalized, technology-enhanced capacity for manifold cooperation has become the main productive force means that there is no longer any contradiction between ethics and economics. On the contrary, the ethical ability to open up to and share with others has become the most fundamental quality of a successful economic agent.” We strongly recommend pre-ordering… Continue reading

Five reasons why the new capitalism must be ethical

The original article, Five ideas on value and the crisis, was a contribution by Adam Arvidsson to the Reimagining Society Project hosted by ZCommunications. Adam Arvidsson: “We are, it would seem, in the midst of a historical crisis of the capitalist system. As the dynamo effects of the sub-prime collapse ripple through the economy, from… Continue reading

Adam Arvidsson on Milton Friedman: Freedom, Ethics and the new P2P Economics

Reblogged in part from Adam Arvidsson’s Actics blog, where, after some general comments about the importance of Milton Friedman in the history of economics, Adam makes the following commentary: Adam Arvidsson: To Friedman ‘freedom’ would work as a guarantee for efficiency – free markets where individuals acted with a minimum of restraint would be more… Continue reading