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Towards a Theory of Value as a Commons

Bibliographic Data

ID12960341
AuthorsAlex Pazaitis (0000-0002-4998-304X, Tallinn University of Technology, corresponding author), Vasilis Kostakis (0000-0002-3276-9282, Tallinn University of Technology), Wolfgang Drechsler (0000-0002-2880-329X, Tallinn University of Technology)
Year2022
Volume16
Issue1
Pages248-262
Publication date2022-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueInternational Journal of the Commons (JOURNAL)
Journal identifiersISSN: 1875-0281 • E-ISSN: 1875-0281
PublisherUbiquity Press, Ltd. (PUBLISHER)
DOI10.5334/ijc.1153
OpenAlexW4294874403
LanguageEN
Citations received6
References cited35

This essay aspires to explore the contours of a theory of value based on the commons. Its starting point is an understanding of value as a means through which empirical economic phenomena are guided by an underlying structure. Value is understood as the way people’s actions become meaningful to them within a broader social whole defined by the said structure. We approach the digital commons as such a social whole, articulated by distinct value practices, emerging within, yet at odds with, capitalism. We employ interpretivist analysis to identify elements of a theory of value in the digital commons, borrowing from diverse theoretical perspectives, and utilizing the results of original research conducted elsewhere. The conceptualization of value as a commons places value itself in the commons, as a collective agreement, being part of the shared rules and norms guiding collective action. Our aim is twofold. First, to reinvigorate discussions on value in the study of social and economic affairs. Second, to formulate a perception of value that could guide meaningful and sustainable transformations of future social and economic arrangements based on the commons

Collective action · Commons · Conceptualization · Economics · Epistemology · Political science · Politics · Positive economics · Sociology · Value (mathematics · Value theory · Computer Science · Global trade, sustainability, and social impact · Law · Management and Organizational Studies · Political Economy and Marxism · Artificial Intelligence

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Unique citing works6
Citations per year2
Citation span2023 - 2026 (4)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 5

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