third age of capitalism. ‘cognitive capitalism'

   ‘cognitive capitalism is the collective intelligence provided by brainpower and computing power to its cause.."We live in a time of transition, computers/technology etc  But the irony is that this is not a transition to a new type of society called ‘socialism’, as many on the Left had assumed; rather, it is a transition to a new type of capitalism.

 Socialism has been left behind by a new revolution in our midst. ‘Globalization’ effectively corresponds to the emergence, since 1975, of a third kind of capitalism. It does not have much to do with the industrial capitalism which, at the point of its birth (1750-1820), broke with earlier forms of mercantile capitalism. 

Boutang coins the term ‘cognitive capitalism’ to describe this new form of capitalism. While this notion remains a working hypothesis, it already provides some basic orientations and anchor points which are indispensible