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Assetization

Turning Things into Assets in Technoscientific Capitalism 

Kean Birch Fabian Muniesa

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English
MIT Press
20 October 2020
"How the asset--anything that can be controlled, traded, and capitalized as a revenue stream--has become the primary basis of technoscientific capitalism.

How the asset-anything that can be controlled, traded, and capitalized as a revenue stream-has become the primary basis of technoscientific capitalism.

In this book, scholars from a range of disciplines argue that the asset-meaning anything that can be controlled, traded, and capitalized as a revenue stream-has become the primary basis of technoscientific capitalism. An asset can be an object or an experience, a sum of money or a life form, a patent or a bodily function. A process of assetization prevails, imposing investment and return as the key rationale, and overtaking commodification and its speculative logic. Although assets can be bought and sold, the point is to get a durable economic rent from them rather than make a killing on the market. Assetization examines how assets are constructed and how a variety of things can be turned into assets, analyzing the interests, activities, skills, organizations, and relations entangled in this process.

The contributors consider the assetization of knowledge, including patents, personal data, and biomedical innovation; of infrastructure, including railways and energy; of nature, including mineral deposits, agricultural seeds, and ""natural capital""; and of publics, including such public goods as higher education and ""monetizable social ills."" Taken together, the chapters show the usefulness of assetization as an analytical tool and as an element in the critique of capitalism.

Contributors

Thomas Beauvisage, Kean Birch, Veit Braun, Natalia Buier, Beatrice Cointe, Paul Robert Gilbert, Hyo Yoon Kang, Les Levidow, Kevin Mellet, Sveta Milyaeva, Fabian Muniesa, Alain Nadai, Daniel Neyland, Victor Roy, James W. Williams"
By:  
Edited by:  
Imprint:   MIT Press
Country of Publication:   United States
Dimensions:   Height: 229mm,  Width: 152mm,  Spine: 20mm
Weight:   533g
ISBN:   9780262539173
ISBN 10:   0262539179
Pages:   344
Publication Date:  
Audience:   General/trade ,  ELT Advanced
Format:   Paperback
Publisher's Status:   Active
1 Introduction: Assetization and Technoscientific Capitalism I Turning Knowledge into Assets 2 Patents as Assets: Intellectual Property Rights as Market Subjects and Objects 3 Datassets: Assetizing and Marketizing Personal Data 4 A Crisis for Cures? Tracing Assetization and Value in Biomedical Innovation II Turning Infrastructure into Assets 5 High-Speed Contradictions: Spanish Railways between Economic Criticism and Political Defense 6 Turning Sunlit Rooftops and Windy Sites into Energy Assets III Turning Nature into Assets 7 Expropriating the Future: Turning Ore Deposits and Legitimate Expectations into Assets 8 From Commodity to Asset and Back Again: Property in the Capitalism of Varieties 9 Turning Nature into an Asset: Corporate Strategies for Rent-Seeking IV Turning Publics into Assets 10 English Higher Education: From a Public Good to a Public Asset 11 Recidivists, Rough Sleepers, and the Unemployed as Financial Assets: Social Impact Bonds and the Creation of New Markets in Social Services 12 Conclusion: The Future of Assetization Studies

Kean Birch is Associate Professor in the Department of Geography at York University, Toronto. Fabian Muniesa is Senior Researcher at the Centre de Sociologie de l'Innovation (CSI), a research center of Mines ParisTec.

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