CAPITALISM WITHOUT CAPITAL

A quiet revolution began at the beginning of the 21st century. For the first time, the world's major economies invested more in intangible assets (design, branding, R&D and software) than in tangible assets (machines and buildings). Capitalism Without Capital is not simply a story of a so-called new economy.…

A quiet revolution began at the beginning of the 21st century. For the first time, the world's major economies invested more in intangible assets (design, branding, R&D and software) than in tangible assets (machines and buildings).
Capitalism Without Capital is not simply a story of a so-called new economy. It shows that this revolution has had a considerable and underappreciated impact on the economic upheavals of the last decade, which range from economic inequality to stagnant productivity. Jonathan Haskel and Stian Westlake explore what makes an intangible-rich system fundamentally different from the classical one, in order to answer the question: where is our world going?

Translated from English by Laurent Bury.
Authors: Jonathan Haskel & Stian Westlake
Publisher: University Press of France - Puf, 2019

Weight: 635 g
Dimensions: 15 x 21.3 cm