Michel Bauwens on the Shift Towards a New Post-Capitalist Value Regime

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Video via https://youtu.be/CltUp19s9lc

Lecture for the Berkman Center for Internet & Society at Harvard University ; intro by Yochai Benkler


"Every 500 years or so, European civilization and now world civilization, has been rocked by fundamental shifts in its value regime, in which the rules of the game for acquiring wealth and livelihoods have dramatically changed. Following Benkler's seminal Wealth of Networks, which first identifies peer production, the P2P Foundation has collated a vast amount of empirical evidence of newly emerging value practices, which exist in a uneasy relationship with the dominant political economy, and of which some authors claim, like Jeremy Rifkin and Paul Mason, that it augurs a fundamental shift. What would be the conditions for this new regime to become autonomous and even dominant, and what are the signs of it happening? As context, we will be using the Tribes, Institutions, Markets, Networks framework of David Ronfeldt, the Relational Grammar of Alan Page Fiske, and the evolution of modes of exchange as described by Kojin Karatini in The Structure of World History. We will argue that there is consistent evidence that the structural crises of the dominant political economy is leading to responses that are prefigurative of a new value regime, of which the seed forms can be clearly discerned." (https://cyber.law.harvard.edu/events/luncheons/2016/05/Bauwens)