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The Locust and the BeePredators and Creators in Capitalism's Future$
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Geoff Mulgan

Print publication date: 2015

Print ISBN-13: 9780691165745

Published to Princeton Scholarship Online: October 2017

DOI: 10.23943/princeton/9780691165745.001.0001

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Creative and Predatory Technology

Creative and Predatory Technology

(p.145) Chapter 8 Creative and Predatory Technology
The Locust and the Bee

Geoff Mulgan

Princeton University Press

This chapter addresses the widespread assumption that capitalism's future can best be understood as made up of more, and better, technology. The scale of scientific and technological activity today is wholly unprecedented, and guarantees a flood of new knowledge and things. A succession of “longwave theories” have tried to make sense of the long cycles of economic change, and now hint at a new kind of economy emerging from low carbon technologies, broadband, genomics, and nanotechnology. But technologies have always been as much shaped by societies as shaping them, and people should expect struggles to shape technology and science—struggles that will often pit big governments and big business against the public.

Keywords:   capitalism, technology, scientific activity, economic change, low carbon technologies, genomics, nanotechnology, big business

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