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Beyond the consumerist-financial exchange

the sustainable-contributory exchange

Mauro Magatti Laura Gherardi

pp. 3-39

Abstract

Capitalism has featured a different exchange of material and symbolic resources between society, economy and politics at each stage of its development. After analysing neoliberal exchange (1989–2008), considered as financial-consumerist exchange with its heavy social and economic consequences, we focus on the possible new exchange arising after the 2008 crisis. This is a 'sustainable-contributory exchange": economy and politics now enable resources sustainability—for instance, towards new business models—and citizens' contributions towards institutional innovation. Experiments in this sort of exchange are taking place in different contexts: if spread, it can drive a new prosperity in the Western economy in terms of both economic and social plans.

Publication details

Published in:

Magatti Mauro (2017) The crisis conundrum: how to reconcile economy and society. Basingstoke, Palgrave Macmillan.

Pages: 3-39

DOI: 10.1007/978-3-319-47864-7_1

Full citation:

Magatti Mauro, Gherardi Laura (2017) „Beyond the consumerist-financial exchange: the sustainable-contributory exchange“, In: M. Magatti (ed.), The crisis conundrum, Basingstoke, Palgrave Macmillan, 3–39.