SALE ON NOW! PROMOTIONS

Close Notification

Your cart does not contain any items

Digital Capitalism and New Institutionalism by Daniil Frolov at Abbey's Bookshop,
Digital Capitalism and New Institutionalism
— —
Daniil Frolov

Digital Capitalism and New Institutionalism

Daniil Frolov

$90.99

Paperback

Not in-store but you can order this
How long will it take?
English
Routledge
27 June 2025
Social theory; Economic theory & philosophy; Political economy
Series: Routledge Frontiers of Political Economy
Modern institutional economics was created to study the institutions of pre-digital economies and is based on reductionist approaches. But digital capitalism is producing institutions of unprecedented complexity. This book argues, therefore, that not only the economic institutions themselves but also the theoretical foundations for studying those institutions must now be adapted to digital capitalism. The book focuses on the institutional complexity of digital capitalism, developing an interdisciplinary framework which brings together cutting-edge theoretical approaches from philosophy (first of all, object-oriented ontology), sociology (especially actor–network theory), evolutionary biology, and cognitive science. In particular, the book outlines a new approach to the study of institutional evolution, based on extended evolutionary synthesis – a new paradigm in evolutionary biology, which is now replacing neo-Darwinism. The book develops an enactivist notion of extended cognition and cognitive institutions, rejecting the individualistic and mechanistic understanding of economic rationality in digital environments. The author experiments with new philosophical approaches to investigate institutional complexity, for example, the ideas of the flat ontology and the assemblage theory. The flat ontology approach is applied to the study of human–robot institutions, as well as to thinking about post-anthropocentric institutional design. Assemblage thinking allows for a new (much less idealistic) look at blockchain and smart cities. Blockchain as digital institutional technology is considered in the book not from the viewpoint of minimizing transaction costs (as is customary in the modern institutional economics), but by using the theory of transaction value which focuses on improving the quality of digital transactions. The book includes a wide range of examples ranging from metaverses, cryptocurrencies, and big data to robot rules, smart contracts, and machine learning algorithms. Written for researchers in institutional economics and other social sciences, this interdisciplinary book is essential reading for anyone interested in the interplay of institutional and digital change.
By:  
Imprint:   Routledge
Country of Publication:   United Kingdom
Dimensions:   Height: 234mm,  Width: 156mm, 
Weight:   440g
ISBN:   9781032212371
ISBN 10:   1032212373
Series:   Routledge Frontiers of Political Economy
Pages:   230
Publication Date:  
Audience:   College/higher education ,  Primary
Format:   Paperback
Publisher's Status:   Active

Daniil Frolov is a Professor of Institutional Economics at the Volgograd State Technical University, Russia. He was awarded the Leonid Abalkin Prize for institutional and evolutionary economists by the Centre for Evolutionary Economics (Institute of Economics, Russian Academy of Sciences).

See Also

Digital Capitalism and New Institutionalism

Michel Foucault

Mariana Valverde (University of...

Paperback

$92.99 

Not in-store but you can order this

ADD +
Digital Capitalism and New Institutionalism

The Performer

Art, Life, Politics

Richard Sennett

Hardback

$55 

In Stock 😊

ADD +
Digital Capitalism and New Institutionalism

The Gender of Suicide

Knowledge Production, Theory and...

Katrina Jaworski

Hardback

$315 

Not in-store but you can order this

ADD +
Digital Capitalism and New Institutionalism

Symbolic Exchange and Death

Jean Baudrillard

Paperback

$133 

Not in-store but you can order this

ADD +
Digital Capitalism and New Institutionalism

The Class Matrix

Social Theory after the Cultural...

Vivek Chibber

Hardback

$63.95 

Not in-store but you can order this

ADD +
Digital Capitalism and New Institutionalism

La Décadence latine

Une fresque symboliste et ésotérique...

Joseph Péladan

Paperback

$42.95 

Not in-store but you can order this

ADD +