Wealth without markets /

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Bibliographic Details
Author / Creator:Strahilevitz, Lior Jacob, author.
Imprint:[Chicago, Illinois] : Law School, University of Chicago, 2006.
Description:1 online resource (35 pages)
Language:English
Series:John M. Olin Law & Economics Working Paper ; no. 315 (2d series)
John M. Olin Program in Law & Economics working paper ; 2nd ser., no. 315.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/8907542
Hidden Bibliographic Details
Other uniform titles:Review of (work): Benkler, Yochai. The wealth of networks. 2006.
Notes:"November 2006."
Includes bibliographical references.
Title from online title page (viewed September 17, 2012).
Summary:"Yochai Benkler's The Wealth of Networks: How Social Production Transforms Markets and Freedom is an enormously ambitious new book, one that aims for, and deserves, canonical status within the intellectual property literature. Benkler's book contains two particularly powerful claims. First, he argues that society is in the midst of an economic revolution, whereby technology-assisted social production (e.g., Wikipedia, Slashdot, SETI@home, etc.) stands poised to rival market production as a creator of wealth. Second, he posits that the social production revolution will have laudable distributional consequences, substantially benefiting poor people and poor nations. This book review assesses the most significant contributions in Benkler's work and points to some of its shortcomings. In particular, the review argues that market producers will have very promising competitive strategies at their disposal when they see social producers threatening their revenue streams, that the proliferation of socially produced reputation systems might well trump the progressive tendencies that Benkler identifies, and that adopting legal rules designed to promote social production is an unduly roundabout strategy for reducing economic inequality."

MARC

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490 1 |a John M. Olin Law & Economics Working Paper ;  |v no. 315 (2d series) 
500 |a "November 2006." 
504 |a Includes bibliographical references. 
520 |a "Yochai Benkler's The Wealth of Networks: How Social Production Transforms Markets and Freedom is an enormously ambitious new book, one that aims for, and deserves, canonical status within the intellectual property literature. Benkler's book contains two particularly powerful claims. First, he argues that society is in the midst of an economic revolution, whereby technology-assisted social production (e.g., Wikipedia, Slashdot, SETI@home, etc.) stands poised to rival market production as a creator of wealth. Second, he posits that the social production revolution will have laudable distributional consequences, substantially benefiting poor people and poor nations. This book review assesses the most significant contributions in Benkler's work and points to some of its shortcomings. In particular, the review argues that market producers will have very promising competitive strategies at their disposal when they see social producers threatening their revenue streams, that the proliferation of socially produced reputation systems might well trump the progressive tendencies that Benkler identifies, and that adopting legal rules designed to promote social production is an unduly roundabout strategy for reducing economic inequality." 
588 |a Title from online title page (viewed September 17, 2012). 
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