Showing posts with label monetization. Show all posts
Showing posts with label monetization. Show all posts

Tuesday, February 24, 2015

Dean Baker — The Patent Theory of Knowledge


I would call the patent theory of knowledge part of the rent theory of "free market" economics along with other types of enclosure of the commons since privatization and monetization are needed to avoid "the tragedy of the commons," since the commons would either go to waste or else be misused. Neoliberalism is not actually liberalism, since it is not about free markets and perfect competition but economic power and the development and extension of asymmetries of power, information, and access that disadvantage "commoners."

Beat the Press
The Patent Theory of Knowledge
Dean Baker | CEPR

Tuesday, January 24, 2012

Monetizing the informal economy in developing countries


The challenge is integrating the informal economy with the formal economy without disrupting the sustainability that the informal economy has attained. This conflicts, however, with monetizing the informal economy, which is how the formal economy has consistently grown since tribal times by privatizing the commons and monetizing relationships by converting them to monetary exchanges.

Read it at IPS
Informal Economy Ensures Equitable Development
By Catherine Wilson