Data, Karl Marx and the End of Money

tl;dr: Data will succeed money as the lifeblood of the economy thus making money irrelevant.

What is going to be the lubricant of the Next Economy? The go-to answer most likely is “data”.  My interest here is not so much on the more technical aspects of data gathering, mining, artificial intelligence and what other buzzwords might be up in the air. I am more curious about larger scale transformations in the fabric of the economy, especially when it comes to the role of data and money. … Read more

Towards the Next Economy

tl;dr: The Next Economy is signified by Digitalization as a social phenomenon, Postgrowth as economic context, and Sustainability as normative reference frame.

Recently I was provided the opportunity to speak about my research at 12min.me in the co-working/social start-ups incubator Wizeman.Space in Stuttgart. The format is intended to give you 12 minutes of concentrated presentation followed by 12 minutes of discussion (YouTube vid of my talk is available, but only in German). Focusing the past years of research so that they could fit into 12 minutes was a challenge, but it proved to be very productive and inspiring.… Read more

The Future of Systems is in the Past: From the Laws of Form to System Storytelling

tl;dr: Form theory as hardware enables systems research to tell formalized system narratives by (1) formalizing systems and their working as well as (2) enable understanding of systems.

The initial promise of systems research, providing a unique conceptual lens for addressing complex real-world problems, is probably more in demand in our age than ever before. Messy and intertwined problems like climate change mitigation and adaptation, managing the digital transformation of economy and society, as well as finding a new global governance framework in a time of resurgent nationalism and authoritarianism, defy classical predict-and-control approaches in the fields of economics or political sciences.

Read more

From Now to Next: The Form of the Firm in the Next Economy

tl;dr: Form theory helps you envision a future for companies that enables them to create a convivial society beyond growth.

(This is an extended summary of an article published in March 2017 in a special issue on organizing for the post-growth economy in »ephemera: theory and politics in organizations«) 

When you reflect about the future, especially if you want to go beyond coffeehouse level reasoning, some conceptual framework is necessary that can tolerate the future.… Read more