Towards a Theory of Value as a Commons

This essay aspires to explore the contours of a theory of value based on the commons. Its starting point is an understanding of value as a means through which empirical economic phenomena are guided by an underlying structure. Value is understood as the way people’s actions become meaningful to them within a broader social whole defined by the said structure. We approach the digital commons as such a social whole, articulated by distinct value practices, emerging within, yet at odds with, capitalism. We employ interpretivist analysis to identify elements of a theory of value in the digital commons, borrowing from diverse theoretical perspectives, and utilizing the results of original research conducted elsewhere. The conceptualization of value as a commons places value itself in the commons, as a collective agreement, being part of the shared rules and norms guiding collective action. Our aim is twofold. First, to reinvigorate discussions on value in the study of social and economic affairs. Second, to formulate a perception of value that could guide meaningful and sustainable transformations of future social and economic arrangements based on the commons

From creative destruction to convivial innovation. A post-growth perspective

In this paper, we argue that the notion of Creative Destruction underpinning classical innovation management theory as well as having crystallised into technological determinism and productivism has come to a dead-end. Framing innovation's ultimate goal as the endless pursuit of economic growth is unrealistic if we wish to address pressing environmental challenges. We show that Creative Destruction historically emerged as an ideology from a specific set of values and worldviews at the cradle of Western capitalism and its need for valorisations. Capital valorisation imposes its logic on innovation, definition of needs, consumption, and organisation of work. The mantra of ‘innovate or die’ and its underpinning values represent a hegemonic view on technology aligned with the capitalist mode of production. We argue that a counter-hegemonic view emphasising conviviality and use-value is possible instead and needed to address the environmental and social challenges of our time. We posit that the (re-)emerging mode of production, commons-based peer production (CBPP) has such potential. Indicative cases show that innovation underlined by counter-hegemonic values already exists, albeit in the cracks of the dominant system and in constant danger of co-optation. Governmental institutions need to support these alternative practices of innovation.Axencia Galega de InnovaciónUniversidade de Vigo/CISU

Should we look for a hero to save us from the coronavirus? The commons as an alternative trajectory for social change

Unidad de excelencia María de Maeztu CEX2019-000940-MThe coronavirus outbreak has come in the aftermath of other concerning and disastrous events, from the rainforest fires in the Amazon to the wildfires of Australia. So far, the political response worldwide has been limited to identifying the villain and the hero who will first invent the life-saving vaccine. However, in a time of crisis, it is becoming obvious that the problem is not external but rather embedded and systemic. We argue that a political economy based on compound economic growth is unsustainable. While the pandemic is no proof of the unsustainability of economic growth as such, the speed and scope of this disease are driven by the interconnectivities of accelerated globalization. Through three ongoing cases, which we have been studying following a participatory action research approach, we discuss an alternative trajectory of a post-capitalist future based on the convergence of localized manufacturing with the digitally shared knowledge commons

Life after Growth: Exploring a climate resilient political economy

Life after Growth aims to explore climate resilient pathways within the political economy scholarship, and the real-world practices it studie

Breaking the Chains of Open Innovation: Post-Blockchain and the Case of Sensorica

Open innovation is a concept in flux; from the practice of large-scale, internet-mediated collaboration, to a strategic option and business model for firms. However, the scope and breadth of its transformative dynamic is arguably restrained. Despite the theoretical and empirical benefits of openness, established firms face significant challenges deploying the coordination patterns of open innovation communities, further reducing the potential of spill-overs in the supply chain. Viewed differently, open innovation presents more user-centric and responsible innovation paths. These are manifested in the processes and outputs of open innovation by empowering participation and by successfully employing the capacities of user communities. To reap the benefits of open innovation, a rapid reconfiguration of the production and exchange structures is needed in intrafirm and interfirm relations. Sensorica is an open enterprise that achieves such forms of organization and a unique techno-social infrastructure supporting them. It illustrates a potential path that can realize the full potential of open innovation, for users, firms, and the economic system as a whole.</jats:p

Breaking the Chains of Open Innovation: Post-Blockchain and the Case of Sensorica

Open innovation is a concept in flux; from the practice of large-scale, internet-mediated collaboration, to a strategic option and business model for firms. However, the scope and breadth of its transformative dynamic is arguably restrained. Despite the theoretical and empirical benefits of openness, established firms face significant challenges deploying the coordination patterns of open innovation communities, further reducing the potential of spill-overs in the supply chain. Viewed differently, open innovation presents more user-centric and responsible innovation paths. These are manifested in the processes and outputs of open innovation by empowering participation and by successfully employing the capacities of user communities. To reap the benefits of open innovation, a rapid reconfiguration of the production and exchange structures is needed in intrafirm and interfirm relations. Sensorica is an open enterprise that achieves such forms of organization and a unique techno-social infrastructure supporting them. It illustrates a potential path that can realize the full potential of open innovation, for users, firms, and the economic system as a whole

Are the most influential websites peer-produced or price-incentivized? Organizing value in the digital economy

In 2006, Harvard Law School Professor Yochai Benkler proposed a wager to technology and society author Nicholas Carr. Benkler argued that by 2011 the most influential websites would be based on content produced by people engaged in peer production. Carr maintained that the lure of money and the corporate hierarchies will be more effective. So, after 15 years, who has really won the bet? Are the most influential websites peer-produced or price-incentivized? To address these questions, this paper discusses what peer production is in relation to price-incentivized production. The Carr-Benkler wager is used as a lens to examine the current social and political struggles in the digital economy, to unveil the adversary value systems underneath and the respective implications for organization. We conclude with some reflections on the controversies and ambiguities of peer production and a call for critical scholarship to engage in a deeper discussion on value and organization in the digital economy. </jats:p