Jump to ContentJump to Main Navigation
The Locust and the BeePredators and Creators in Capitalism's Future$
Users without a subscription are not able to see the full content.

Geoff Mulgan

Print publication date: 2015

Print ISBN-13: 9780691165745

Published to Princeton Scholarship Online: October 2017

DOI: 10.23943/princeton/9780691165745.001.0001

Show Summary Details
Page of

PRINTED FROM PRINCETON SCHOLARSHIP ONLINE (www.princeton.universitypressscholarship.com). (c) Copyright Princeton University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in PRSO for personal use.date: 28 September 2021

The Rise of Economies Based on Relationships and Maintenance

The Rise of Economies Based on Relationships and Maintenance

(p.172) Chapter 9 The Rise of Economies Based on Relationships and Maintenance
The Locust and the Bee

Geoff Mulgan

Princeton University Press

This chapter argues that although most people think of the economy as made up of stuff such as new cars, tins of food, or mortgages; or in many of the wealthier economies the dominant sectors are health, education, care, and the loosely defined territory of green industries and jobs, relationships are critically important in all of these fields. Pre-capitalist economies were mainly concerned with maintenance. Capitalism by contrast introduced linearity into the economy, with the idea of cumulative growth, and an economy based around things that are simply used and then disposed, generalizing what was always true of parts of the luxury economy. The chapter shows how, in the material economy, people increasingly aspire to homeostasis and equilibrium, just as they do in our physical bodies.

Keywords:   economy, green industries, pre-capitalist economies, maintenance, capitalism, linearity, cumulative growth, homoeostasis, equilibrium

Princeton Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us.