Co-Founder, Economic Space Agency, San FranciscoDSc(Econ.), Associate Professor (Docent), Aalto University, HelsinkiFamily with three boys@econaut6akseli@ecsa.ioakseli.eth
5/5/2024Cryptoeconomy is not just another tech sector. It is a different way of doing the economy. The economic space we need to discuss in relation to the cryptoeconomy is nothing short of imaging and engineering an alternative, post-capitalist mode of organizing and calculating that sits in parallel with the conventionally-conceived economy. That’s a big claim. It announces new economic possibilities that, while not entirely novel in their vision, are wildly new in the conception of their reach and mode of organization. The rise of joint stock company and stock markets in 1840s transformed capitalism. A whole new mode of production, capture and distribution of value was born. I think we are now at a turning point of similar significance. The new network technologies will produce a radically different economy. How value is created, captured and distributed, what is money, how people relate to production, are changing as radically as the first generation internet changed the way we communicate and relate to the presence of others in our social communication. Here is some of our recent thinking:
4/12/2024Akseli Virtanen
8/15/2023One of the key questions that has guided my work - and is also behind the ECSA-project - is the mutation of capitalism and the necessity to create new concepts for understanding economy and its organization. Significant part of my research has traced the mutation of economic formation of value and the capitalist form of production both historically and logically. I have developed concepts such as arbitrary power, semiocapital and biopolitical economy in order to rethink and conceptualize economy and its organization from the same premise that has led political philosophy to speak of biopolitics. Why? Because if this premise is the absolute condition for thinking politics today (as Michel Foucault, Giorgio Agamben, and Hannah Arendt for example have stated), it must be so also for thinking economy - since what is at stake in this premise is the general dissolution of the boundaries between economy and other areas of life.
7/30/2023or
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