political economy of practices

Profit and Gift in the Digital Economy: extract from chapter 1

This post reproduces text from the opening pages of my 2016 book Profit and Gift in the Digital Economy. The central original contribution of this book is to propose a new framework that enables us both to see and to analyse a vast range of diverse economic forms, and to illustrate that framework by applying it to cases in the contemporary digital economy.

Does Google give gifts?

Google’s business hybridises a novel form of giving with a novel form of advertising in one of many economic forms that simply do not fit with the old understandings of the economy: forms that we can make more sense of as complexes of interacting economic practices.