The Rise of Invisible Economy and its Philosophical Reflection

Abstract

Since the new century, the progress of science and technology and the rational transformation of its achievements have brought about the rapid rise of intangible economy. The knowledge-based, image-based, programmatic, and branded nature of capital, as well as the spillover, sharing, and unstable ownership of products, are its prominent features. The rise of intangible economy has overturned the traditional economic operation mode in various fields such as economic structure, industrial pattern, organizational mode, and labor form, and has also triggered philosophical thinking about this new economic paradigm: data elements have become the first production factor with ontological significance, and the elasticity of labor mode has brought about the spiritual illusion of free and autonomous labor, and social polarization is rapidly intensifying.