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The Wealth of Networks
528 pages, 2007
economics & politics
987 books
technology
392 books
business & management
1082 booksWith the radical changes in information production that the Internet has introduced, we stand at an important moment of transition, says Yochai Benkler in this thought-provoking book.
The phenomenon he describes as social production is reshaping markets while at the same time offering new opportunities to enhance individual freedom, cultural diversity, political discourse, and justice.
But these results are by no means inevitable: a systematic campaign to protect the entrenched industrial information economy of the last century threatens the promise of today’s emerging networked information environment.
In this comprehensive social theory of the Internet and the networked information economy, Benkler describes how patterns of information, knowledge and cultural production are changing―and shows that the way information and knowledge are made available can either limit or enlarge the ways people can create and express themselves.
He describes the range of legal and policy choices that confront us and maintains that there is much to be gained―or lost―by the decisions we make today.
In The Wealth of Networks, Yochai Benkler explores the idea that the internet and digital technology have created a new economy based on networks. This networked information economy is decentralized and collaborative, allowing individuals and small groups to produce meaningful products and services.
Benkler emphasizes the importance of collaboration in this new economy. He suggests that the traditional model of competition is being replaced by a model of cooperation, where individuals work together to create and share information. This is a game-changer, and it's worth taking a look at how this could impact your own work or business.
The author also highlights the role of the individual in the networked information economy. He argues that individuals are no longer just consumers, but also producers of information. This means that anyone with a computer and internet connection can contribute to the economy, which is a pretty empowering thought.
The Wealth of Networks doesn't just explore the economic impact of this shift. Benkler also digs into the social and political implications. He suggests that this new economy could lead to a more democratic and transparent society. If you're interested in the intersection of technology and society, you'll definitely want to check this out.
Finally, Benkler looks ahead to the future of the networked information economy. He sees a world where more and more economic activity is based on networks and collaboration. If you're curious about the future of work and the economy, you'll find plenty of food for thought in The Wealth of Networks.
Quotes 3
The Wealth of Networks is a profound and powerful exploration of the digital revolution and its impact on society.
Lawrence Lessig - Law Professor, ActivistBenkler's book is a comprehensive and enlightening guide to the changes in our networked world.
Jonathan Zittrain - Computer Science ProfessorThe Wealth of Networks is a must-read for anyone interested in understanding the future of the internet.
Jack Balkin - Legal ScholarRecommendations
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