Sociotechnics of Economy

Friday, July 18, 2014: 4:15 PM
Room: 512
Oral Presentation
Joachim K.H.W. SCHMIDT , Empirical Sociology and Architecture of Society, SoReGa EV, Berlin, Germany
Joachim K.H.W. Schmidt

Sociotechnics of Economy

Revisiting my sociotechnically informed economic theory on autonomous humans (Göteborg 2010), Onati  and Athens (2ß11), not any longer based on Capital, Market, etc., as done by mainstream economists who failed for several hundred years. Mainstream theories have been spatially based, time only occurred as space-time as well as all other properties as measurements within space, and humans only as objects like game pieces. - My present paper will enlarge the common Factors of Productivity, traditionally Land, Labor, and Capital, by Time. Autonomous humans are characterized by Time as duration of their life which they have again and again to invest in portions as resource for their reproductive survival. An economic theory ignoring real time must fail, cutting out some hours being sold for inauthentic slavery work. Excesses of present financial markets condemn the inefficiency of traditional economic theories responsible for such perversity. - Sociotechnics as empirical science designs and implements institutions, and these going concerns are dramatically changing; we move out of an age predetermined by analogous Greek ideology focusing on the organization of respective closed spaces, cf. Plato's Parable of the Cage, without time and movement, becoming manifest in positions, prohibiting time and movement. Greek world: A GIVEN one circling around positions. In opposition to this autonomous humans succeeding to leave Platonic Cage of perverted life, see themselves confronted with a digital reality, and experience themselves as homeless, being asked to construct their >homes< themselves by way of computation. Greek-Western institutions must necessarily be replaced, since nearly all passed down institutions of analogous Greek-Western world prove inadequate in present digital age, including presently still prevailing economic theories  In digital age social life will not any longer turn around positions, but will happen in networks in which being will be replaced by relation.