In the "rights economy", all physical objects are nano-tagged so that payment may be enforced for all uses of proprietary information. The result is a libertarian dystopia. Schroeder assumes solutions to the problems of conducting trade in space conducted almost entirely through intangible goods—some form of interstellar money (Pp. 86, 321)—without explaining the underlying problem of creating such a currency or how the solution was devised.
Read more about this topic: Permanence (novel)
Other articles related to "information economy, information":
... as a "moment of opportunity" due to the emergence of what he terms the Networked Information Economy (NIE), a "technological-economic feasiblity space" that is the ... Benkler sees communication and information as the most important cultural and economic outputs of advanced economies ... Benkler's term for this is the Industrial information economy ...
Information economy is an economy with an increased emphasis on informational activities and information industry.
Manuel Castells states that information economy is not mutually exclusive with manufacturing economy. He finds that some countries such as Germany and Japan exhibit the informatization of manufacturing processes. In a typical conceptualization, however, information economy is considered a "stage" or "phase" of an economy, coming after stages of hunting, agriculture, and manufacturing. This conceptualization can be widely observed regarding information society, a closely related but wider concept.
There are numerous characterizations of the transformations some economies have undergone. Service economy, high-tech economy, late-capitalism, post-fordism, and global economy are among the most frequently used terms, having some overlaps and contradictions among themselves. Closer terms to information economy would include knowledge economy and post-industrial economy.
... The industrial information economy (aka information economy) traces back to the Industrial Revolution and to the resulting crisis of control ... industrial nations began to recognize how usable information could be a means of controlling their respective economies. 1880s and 1890s, the notion of efficiently producing and using information was key to controlling physical processes and human behaviour (Benkler 2003, p ...
... One of the first people to develop the concept of the information society was the economist Fritz Machlup ... The Japanese have also studied the information society (or johoka shakai, 情報化社会) ... Ideas of a knowledge or information economy, post-industrial society, postmodern society, network society, the information revolution, informational capitalism ...
Famous quotes containing the words economy and/or information:
“The counting-room maxims liberally expounded are laws of the Universe. The merchants economy is a coarse symbol of the souls economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (18031882)
“The information links are like nerves that pervade and help to animate the human organism. The sensors and monitors are analogous to the human senses that put us in touch with the world. Data bases correspond to memory; the information processors perform the function of human reasoning and comprehension. Once the postmodern infrastructure is reasonably integrated, it will greatly exceed human intelligence in reach, acuity, capacity, and precision.”
—Albert Borgman, U.S. educator, author. Crossing the Postmodern Divide, ch. 4, University of Chicago Press (1992)