Calendrier du 01 octobre 2021
Casual Friday Development Seminar - Brown Bag Seminar
Du 01/10/2021 de 12:45 à 13:45
R2-01
WRIGHT Kelsey (PSE)
Cash transfers and food security in Mali
EPCI (Economie politique du changement institutionnel) Seminar
Du 01/10/2021 de 11:00 à 12:30
Via ZOOM ET Salle du 6è, Maison des Sciences Economiques 112 Bd de l'Hôpital, 75013 Paris
BOYER Marcel (Université de Montréal)
PLATFORM CAPITALISM : A SOCIO-ECONOMIC ANALYSIS
The emergence of multinational platforms organizing the interplay of a multiplicity of firms and consumers is analyzed by various disciplines of the social sciences. Economic history shows that since the rise of merchant capitalism, market formation is an endogenous process whereby intermediaries discover new sources of profit. Therefore Alfred Marshall‘s theorizing is more useful than Walras’ and contemporary static microeconomics. The economic sociology of market creation also delivers precious insights. Both approaches allow detecting the continuities and ruptures brought by contemporary platforms, defined specific industrial organizations. The transnational scope of GAFA gives an unprecedented impetus to the role of increasing returns to scale and helps in capturing the benefits of intangible capital on very liquid financial markets. Against the hypothesis of a technological determinism, various types of platform may coexist and delineate contrasted reconfigurations of the modern world: a market led platform capitalism in the US, a panoptic control society in China, whereas ideally the European Union aims at converting information into a global Common, monitored by citizens.