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Bibliographic Details
Main Author: Philippe Rouchy
Format: Artículo científico
Language:en
Published: Instituto Mises Brasil 2021
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Online Access:https://www.redalyc.org/articulo.oa?id=586370158006
https://www.redalyc.org/journal/5863/586370158006/
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https://www.redalyc.org/journal/5863/586370158006/586370158006.epub
https://www.redalyc.org/journal/5863/586370158006/movil
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author Philippe Rouchy
author_facet Philippe Rouchy
contents Rifkin’s misreadings of the zero-marginal cost of production of information technology: ideology and the narrative of the demise of capitalism Philippe Rouchy Multidisciplinarias (Ciencias Sociales) ideology Epistemology new technology marginal cost of production In this paper, we address an epistemological issue of the relation between ideas and economic reality. Rifkin argues that the zero-marginal cost of technology favors the emergence of a sharing economy that undermines firms’ profit function. We argue that Rifkin rhetorically amputates the cost function of its means of valuation. Using the method of “ordinary language philosophy,” we show that Rifkin’s reasoning is based on a confusion: the use of two distinct language games simultaneously. First, the economic expression of the valuation of costs; second, the same expression truncated from its calculation, feeding an ideological discourse on the demise of capitalism. That confusion brings two related issues: the difficulty of understanding the dynamics of production factors brought by new technologies, and the dismissal of real labor issues. 2021 artículo científico 2318-0811 https://www.redalyc.org/articulo.oa?id=586370158006 https://www.redalyc.org/journal/5863/586370158006/ https://www.redalyc.org/journal/5863/586370158006/html/ https://www.redalyc.org/journal/5863/586370158006/586370158006.epub https://www.redalyc.org/journal/5863/586370158006/movil 10.30800/mises.2021.v9.1427 en http://www.redalyc.org/revista.oa?id=5863 MISES: Interdisciplinary Journal of Philosophy, Law and Economics application/pdf Instituto Mises Brasil MISES: Interdisciplinary Journal of Philosophy, Law and Economics (Brasil) Vol.9
format Artículo científico
id redalyc_586370158006
language en
publishDate 2021
publisher Instituto Mises Brasil
spellingShingle Rifkin’s misreadings of the zero-marginal cost of production of information technology: ideology and the narrative of the demise of capitalism
Philippe Rouchy
Multidisciplinarias (Ciencias Sociales)
ideology
Epistemology
new technology
marginal cost of production
Rifkin’s misreadings of the zero-marginal cost of production of information technology: ideology and the narrative of the demise of capitalism Philippe Rouchy Multidisciplinarias (Ciencias Sociales) ideology Epistemology new technology marginal cost of production In this paper, we address an epistemological issue of the relation between ideas and economic reality. Rifkin argues that the zero-marginal cost of technology favors the emergence of a sharing economy that undermines firms’ profit function. We argue that Rifkin rhetorically amputates the cost function of its means of valuation. Using the method of “ordinary language philosophy,” we show that Rifkin’s reasoning is based on a confusion: the use of two distinct language games simultaneously. First, the economic expression of the valuation of costs; second, the same expression truncated from its calculation, feeding an ideological discourse on the demise of capitalism. That confusion brings two related issues: the difficulty of understanding the dynamics of production factors brought by new technologies, and the dismissal of real labor issues. 2021 artículo científico 2318-0811 https://www.redalyc.org/articulo.oa?id=586370158006 https://www.redalyc.org/journal/5863/586370158006/ https://www.redalyc.org/journal/5863/586370158006/html/ https://www.redalyc.org/journal/5863/586370158006/586370158006.epub https://www.redalyc.org/journal/5863/586370158006/movil 10.30800/mises.2021.v9.1427 en http://www.redalyc.org/revista.oa?id=5863 MISES: Interdisciplinary Journal of Philosophy, Law and Economics application/pdf Instituto Mises Brasil MISES: Interdisciplinary Journal of Philosophy, Law and Economics (Brasil) Vol.9
title Rifkin’s misreadings of the zero-marginal cost of production of information technology: ideology and the narrative of the demise of capitalism
topic Multidisciplinarias (Ciencias Sociales)
ideology
Epistemology
new technology
marginal cost of production
url https://www.redalyc.org/articulo.oa?id=586370158006
https://www.redalyc.org/journal/5863/586370158006/
https://www.redalyc.org/journal/5863/586370158006/html/
https://www.redalyc.org/journal/5863/586370158006/586370158006.epub
https://www.redalyc.org/journal/5863/586370158006/movil