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By Yann Moulier-Boutang

We are living in a time of transition, argues Yann Moulier Boutang. however the irony is this isn't a transition to a brand new form of society referred to as ‘socialism’, as many at the Left had assumed; relatively, it's a transition to a brand new kind of capitalism. Socialism has been left in the back of through a brand new revolution in our midst. ‘Globalization’ successfully corresponds to the emergence, given that 1975, of a 3rd form of capitalism. It doesn't have a lot to do with the commercial capitalism which, on the aspect of its start (1750-1820), broke with prior sorts of mercantile capitalism. the purpose of this booklet is to explain and clarify the features of this 3rd age of capitalism.

Boutang cash the time period ‘cognitive capitalism’ to explain this new type of capitalism. whereas this thought continues to be a operating speculation, it already presents a few easy orientations and anchor issues that are indispensible for political motion. The political economic system which used to be born with Adam Smith now not bargains us the potential for knowing the truth that's being built sooner than our eyes - specifically the worth, wealth and complexity of the area economic climate Ð and it additionally doesn't let us to accommodate the demanding situations that anticipate humanity, no matter if ecological or social. This e-book therefore seeks to place us onto the trail of a provisional politics and morality in a position to facing this new nice Transformation.

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