Abstract
Daniele Archibugi asks whether the 2007–8 financial and economic crisis was brought about by the exhaustion of the current techno-economic paradigm, and whether a new paradigm will lead to eventual recovery. My answer to both questions is ‘No’. Whilst it is useful to think in terms of techno-economic paradigms to understand the uneven process of technological and social advancement, the main reason for the crisis and the main requirement for a new upswing are both socio-political rather than technological in nature. There is a link between the neoliberal deregulation regime that led to the crisis and ICTs. This regime might actually slow down the formation of a new techno-economic paradigm based around Blade Runner technologies such as genetic engineering, artificial intelligence and nanotechnology.
Original language | English |
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Journal | Research Policy |
Volume | 46 |
Issue number | 3 |
Pages (from-to) | 544-549 |
Number of pages | 6 |
ISSN | 0048-7333 |
DOIs | |
Publication status | Published - 1 Apr 2017 |