Tag Archives: political economy

On the Internet: do the poor subsidize the rich?

["Original title: Perverse subsidies". It is Chapter 13 in my book Towards a Political Economy of Information (2004). I reproduce it here because it raises an issue that is taken very much for granted today.]
It was appropriate technology advocate E.F. Schumacher, author of the widely-acclaimed book Small is Beautiful, who once said that technologies often [...]

Political economy of abundance

I have been studying in the past few months the subject of abundance.
My interest in this subject grew out of my interest in information, information technology and information economics. I think most of us who have not yet realized it ourselves can easily believe the claim that information goods have become easily accessible and abundant, [...]

The miracle of the loaves

In those days when there again was a great crowd without anything to eat, he summoned the disciples and said, “My heart is moved with pity for the crowd, because they have been with me now for three days and have nothing to eat. If I send them away hungry to their homes, they will [...]

Towards a Political Economy of Information (full text)

“We are all familiar with the typical story of an isolated village at the edge of the forest. Some villagers have to go to town to buy a few necessities, and maybe to stock the village store. Others need to go to sell some products for cash. Villagers start to feel that the foot path [...]