Abstract

The transformation of production relations, which we have all witnessed during the last 20 years, has shown outdated existing theoretical approaches toward an understanding of the economy. The search for alternative ways of the economic development involves representatives of various scientific fields: post industrialism, information economy, sustainable economic development, new economy and others. Of particular interest is the concept of cognitive capitalism, which allows us to consider the transformation occurring “inside” of capitalism. This article proposes an approach to the study of the cognitive capitalism nature from the perspective of the Marxian theory, productive forces of society, and psychology. Methodological framework used has revealed contradictions of existing liberal-capitalist vector of development and the innovation-oriented economic formation. This is based on the exploitation of economic agent’s creative work. The technique, which allows us to assess the involvement of management in cognitive capitalism, is provided.

Highlights

  • At the present stage of development, the manufacturing process is rarely identified as physical, hard manual labor; mostly, it is a process of self-reproduction, production of internal human intellectual potentials or cognitive production

  • When regarding the creative work in the field of cultural production, it is necessary to replace the category of “art” or “creativity.” Since the whole process of knowledge and ideas generation basis occurs without the use of material, technological means, i.e. in the human mind, one should start the scientific search for the nature of creativity in psychological science

  • The deeper and more detailed analysis of the indices included in the indicators and the analysis of exogenous factors revealed a number of regularities in the development of cognitive capitalism in various countries

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Summary

Introduction

At the present stage of development, the manufacturing process is rarely identified as physical, hard manual labor; mostly, it is a process of self-reproduction, production of internal human intellectual potentials or cognitive production. Often we see that in most innovative market economies, more material production is integrated with non-material production based on new scientific knowledge and ideas.

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