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intellectual-capital

Ideas, knowledge, and creativity that constitute the primary source of wealth and are leased or licensed rather than exchanged outright.

2 chapters across 1 book

The Age of Access: The New Culture of Hypercapitalism, Where All of Life Is a Paid-For Experience (2000)Jeremy Rifkin

Book design by Ralph Fowler

This chapter introduces the central thesis of 'The Age of Access,' describing the transition from a capitalist economy based on ownership and market exchanges to a new economy dominated by networks and access. It explains how physical property is increasingly leased or rented rather than owned, while intellectual capital becomes the primary source of value, shifting economic power towards those controlling access to ideas and knowledge. The chapter also highlights the cultural and economic implications of this shift, emphasizing the decline of traditional ownership in favor of short-term use and service relationships.

Book value, and market value, 51-52

This chapter provides an extensive index-style overview of key concepts related to the commodification of culture, experience, and communication within the hypercapitalist economy. It highlights the transformation of intangible assets such as intellectual capital, cultural production, and social relationships into marketable commodities, emphasizing the role of franchising, gated communities, and cyberspace in reshaping social and economic interactions. The chapter also addresses the implications of these changes for freedom, community, and cultural identity in a networked, experience-driven economy.