Alternative forms of Economies : Article on BBC

I saw an article on BBC called “Viewpoint: Manuel Castells on the rise of alternative economic cultures”. This was published on October 30th. The Prof argues that alternative economies will rise due to things like Facebook and other forms of social media which has made it easy to spread ideas. He states that some people may see forming alternative forms of economies as a way to provide meaning for their life’s. I think that as technology displaces many workers and manual labor I could see how people will start looking for alternatives. The most important point he made was that unless politics also changes with this trend and becomes more open  things will get worst. Do you have experience in alternative forms of economies ? Click here to read the full article from BBC.

4 Comments

    1. I think it will be a good change too. The response from the establishment will be either to cope with it and introduce a gentler capitalism or repression to shut down alternative forms of economies. Wider participation in these alternative forms of economies is the only way to secure its future.

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