The new economic and political gears

Autores/as

DOI:

https://doi.org/10.23925/1806-9029.37in.2(68)74185

Palabras clave:

Capitalism, Rentierism, Financialization, Global governance

Resumen

Too many things have changed for us to continue to study only the fragments, adding qualifiers such as “extractive capitalism”, “parasitic capitalism”, “financial capitalism” and so forth. The present paper takes a comprehensive approach, considering that the digital revolution goes as deep, or deeper, than the industrial revolution two and a half centuries ago. This means that we are facing a different mode of production, involving the centrality of knowledge, the overall power of immaterial inputs, the dominance of virtual money, and unproductive rent extraction as the main form of appropriation of the social surplus. These are not new facets in the system, but a new system. The resulting challenges, particularly the inequality and environmental dramas, are deepening. But the real drama is our impotence to face them, a question of overall governance. The image of “gears” we use here is linked to the fact that the different changes we face are interdependent.

Biografía del autor/a

Ladislau Dowbor, Pontifícia Universidade Católica de São Paulo

Professor titular da PUC-SP e editor da revista Pesquisa & Debate.

Citas

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Publicado

2025-12-17

Cómo citar

Dowbor, L. (2025). The new economic and political gears. Pesquisa & Debate Revista Do Programa De Estudos Pós-Graduados Em Economia Política, 37(2 (68), 6–33. https://doi.org/10.23925/1806-9029.37in.2(68)74185