7 Jul 2018
Is the New Economy Overrated ?
Session 12
Since the 1990s, the term “new economy” has been accepted as a way to describe the upheavals caused in every economic structure by the influx of new technologies. And yet the traditional industrial model, though transformed, is still with us. In addition, there are considerable disparities between States. While Israel seems to be making a success of its “Start-Up Nation” model, it is hard to imagine a Western European country completely transforming its product-based economy into a service-based economy. Beyond the marketing promises of a coming Age of Access for all consumers, what place should be given to the new economy? Conversely, how far should the industrial production system be protected?
Read more
It is not certain that the traditional economy has been rendered obsolete by the new economy, because it partly depends on new forms of access to goods produced by industries. Are we overvaluing the medium-term growth potential of companies in this sector? Is their gigantism in terms of media explained by the ease with which they create monopolistic situations? Is their omnipotence in the stock market throwing their interactions with other companies and States off balance? Are our social models now outmoded, given the trend for entrepreneurship that goes hand-in-hand with the new economy?
Contributions
Is the New Economy Overrated_RAGOT
Partners
Le Cercle des économistes
Created in 2001 by Le Cercle des économistes, Les Rencontres Économiques d’Aix-en-Provence have become an incomparable meeting place for current economic thought from France, Europe and the world.
La Parole aux étudiants
