Capitalism without Capital : : The Rise of the Intangible Economy / / Stian Westlake, Jonathan Haskel.

The first comprehensive account of the growing dominance of the intangible economyEarly in the twenty-first century, a quiet revolution occurred. For the first time, the major developed economies began to invest more in intangible assets, like design, branding, R&D, and software, than in tangibl...

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Bibliographic Details
Superior document:Title is part of eBook package: De Gruyter Princeton University Press Complete eBook-Package 2018
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Place / Publishing House:Princeton, NJ : : Princeton University Press, , [2017]
©2018
Year of Publication:2017
Language:English
Online Access:
Physical Description:1 online resource (288 p.) :; 1 halftone. 32 line illus. 2 tables.
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Table of Contents:
  • Frontmatter
  • Contents
  • Illustrations
  • Acknowledgments
  • Introduction
  • Part I The Rise of the Intangible Economy
  • Capital's Vanishing Act
  • How to Measure Intangible Investment
  • What's Different about Intangible Investment? The Four S's of Intangibles
  • Part II The Consequences of the Rise of the Intangible Economy
  • Intangibles, Investment, Productivity, and Secular Stagnation
  • Intangibles and the Rise of Inequality
  • Infrastructure for Intangibles, and Intangible Infrastructure
  • The Challenge of Financing an Intangible Economy
  • Competing, Managing, and Investing in the Intangible Economy
  • Public Policy in an Intangible Economy: Five Hard Questions
  • Summary, Conclusion, and the Way Ahead
  • Notes
  • References
  • Index