Financialised, High-tech Capitalism Based on Modern Slavery

  • Giulio SapelliEmail author


There is a widespread, almost sickening belief that a new socioeconomic order (albeit still capitalist) is emerging from the global economic crisis.


  1. M. Jensen and W. Meckling, Theory of the Firm: Managerial Behavior, Agency Cost and Ownership Structure, in “Journal of Financial Economics”, Issue 3, 1976.Google Scholar
  2. Kondratiev, “Die langen Sozialwissenschaft und Sozialpolitik” 56: 573–609, 1926, returned to in Review of Economic Statistics (1935) and again in “The Long Waves in Economic Life.” Review of Economic Statistics 17 (6): 105–115. 1935. After he was shot and killed during the purges of 1938, his main works were collected in Dynamics of Economic Development: Long Cycles and Industrial Growth in Historical Context. London: Macmillan, 1998.Google Scholar
  3. A. Gerschenkron, Economic Backwardness in Historical Perspective, Harvard University Press, Cambridge, MA, 1962.Google Scholar
  4. M. King, The End of Alchemy: Money, Banking, and the Future of the Global Economy, Norman and Company, New York, 2016.Google Scholar
  5. T. F. Gelthner, Stress Test: Reflections on Financial Crisis, The Business Book, London, 2014.Google Scholar
  6. M. K. Brunnemeier, H, James, J. Landau, The Euro and the Battles of Ideas, Princeton University Press, Princeton and Oxford, 2016.Google Scholar
  7. P. Sraffa, Production of Commodities by means of Commodities. Prelude to a Critique of Economic Theory, Cambridge University Press, Cambridge, 1960.Google Scholar
  8. E. Rullani, Lavoro in transizione: prove di quarta rivoluzione industriale in Italia, due for publication.Google Scholar
  9. H. Kern, M. Schuman, Das Ende der Arbeiststeilung? Rationalisierung in der Industriellen Produktion, Verlag Bech’sche, Munchen, 1984.Google Scholar
  10. See also my own Organizzazione, lavoro e innovazione industriale nell’ Italia tra le due guerre, Rosenberg and Sellier, Turin, 1978.Google Scholar
  11. Note Kondratieff, op. cit.Google Scholar
  12. P. Marsh, The New Industrial Revolution, Yale University Press, New Haven, 2012.Google Scholar
  13. E. Brynjolfsson and A. McAfee, The Second Machine Age: Work, Progress and Prosperity in a Time of Brilliant Technologies, Norton, 2014. La tecnologia aiuta il lavoro? with my Presentazione, Go Ware, Firenze, 2014.Google Scholar
  14. T. Cowen, Is Over: Powering America beyond the Age of the Great Stagnation, Plume, 2014.Google Scholar
  15. The Robots Are Coming by J. Lanchester, in “London Review of Books”, Vol. 37, No. 5, 5 March 2015, pages 3–8.Google Scholar
  16. R. Solow, Growth theory: an exposition, Oxford, Clarendon Press, 1970.Google Scholar
  17. R. J. Gordon, Is U.S. Economic Growth Over? Faltering Innovation Confronts the Six Headwinds, NBER Working Paper No. 18315, August 2012.Google Scholar
  18. J. Maynard Keynes, The General Theory of Employment, Interest and Money, London, Macmillan, 1936.Google Scholar
  19. C. Benedykt Frey and M. A. Osborne The future of employment: How susceptible are jobs to computerisation? WHO Working Paper, Oxford, September 2013.Google Scholar
  20. A. Hansen, Full Recovery or Stagnation, Norton Company, New York, 1938.Google Scholar
  21. M. Ford, Rise of the Robot. Technology and the Threat of a Jobless Future, Basic Books, New York, 2014.Google Scholar
  22. J. A. Schumpeter, The theory of economic development: an inquiry into profits, capital, credit, interest, and the business cycle. Transaction Books, New Brunswick- New Jersey, 1934–1983.Google Scholar
  23. G. Sapelli, Organizzazione, lavoro e innovazione industriale nell’ Italia tra le due guerre, Rosenberg and Sellier, Turin, 1978.Google Scholar
  24. G. Sapelli, Economia, tecnologia e direzione d’ impresa in Italia, Einaudi, Turin, 1994.Google Scholar
  25. M. Granovetter, The Impact of Social Structure on Economic Outcomes, in “Journal of Economic Perspectives”, vol. 19, n. 1, 2005, pp. 33–50.CrossRefGoogle Scholar
  26. M. Magatti, Il potere istituente della società civile, Laterza, Bari, 2005.Google Scholar
  27. P. Alferj, A. Favazzo, La manifattura additiva. Una grande opportunità, in “Impresa e città”, n. 1, 2015, pp. 17–30.Google Scholar
  28. Centro Studi Confindustria, La manifattura additiva. Alcune valutazioni economiche con particolare riferimento all’ industria italiana, in “Scenari industriali”, n. 5, 2014, pp. 1–23.Google Scholar
  29. A. Granelli, L. De Biase, Inventori d’ Italia, Guerini & Associati, Milan, 2014.Google Scholar
  30. N. Rosenberg, Inside the Black Box: Technology and Economics, Cambridge University Press, Cambridge, MA, 1983.Google Scholar
  31. Alfred Marshall, Elements of economics of industry, London, Macmillan, 1892 and interesting reflections on the topic, in J. K. Whitaker (ed.) Centenary Essays on Alfred Marshall, Cambridge University Press, 1990.
  32. T. Khun, The Structure of Scientific Revolutions, Chicago University Press, Chicago, 1962.
  33. J. P. Kruth, M.C. Leu, T. Nakagawa, Progress in Additive Manufacturing and Rapid Prototyping, “Annals of the CIRP”, vol. 47/2/1998, pp. 525–540.CrossRefGoogle Scholar
  34. Metal Fabrication by Additive Manufacturing Using Laser and Electron Beam Melting Technologies, in “JMST”, 2012, 28(1), pp. 1–14.Google Scholar
  35. B. Baufeld, O. Van der Biest, R. Gaut, Additive manufacturing of Ti-6Al-4V components by shaped metal deposition: Microstructure and Mechanical properties, in “Materials and Design”, 31 (2010), pp. 5106–5111.CrossRefGoogle Scholar
  36. A. A. V. V., Three-dimensional Printing: The Physic and implications of Additive Manufacturing, in “CIRP Annals. Manufacturing Technology”, vol. 42, issue 1, 1993, pp. 257–280.Google Scholar
  37. G. N. Levy, The role and future of the Laser Technology in the Additive Manufacturing environment, in “Physic Procedia” Key Note Paper, 2010.Google Scholar
  38. S. Mellor, L. Hao, D. Zhang, Additive Manufacturing frame work for implementation, in “International Journal of Production Economics”, 149, (2014), pp. 194–201.CrossRefGoogle Scholar
  39. G. Sapelli, Per una cultura dell’impresa. Strategia e saper del management moderno, Franco Angeli/ISVET, Milan, 1989.Google Scholar
  40. E. Pugliese (ed.), L’inchiesta sociale in Italia, Carocci, Rome, 2008.Google Scholar
  41. D. Bigazzi, Impresa, lavoro e fabbrica: alcune riflessioni sull’utilizzo delle testimonianze orali, in R. COVINO (ed.), Fonti orali e storia dell’impresa. Atti del seminario nazionale di Arezzo, 15 ottobre 1993, Rubbettino, Soveria Mannelli 2000, pp. 39–53; our methodological principles differ, but see in particular M.S. Fisher, G. Dawney (ed.), Frontiers of Capital. Ethnographic Reflections on the New Economy, Duke University Press, Durham–London, 2006.Google Scholar
  42. W. Sombart, Warum gibt es in den Vereinigten Staaten keinen Sozialismus? Tübingen: Mohr, 1906.Google Scholar
  43. T. Geiger, Demokratie ohne Dogma: Die Gesellschaft zwischen Pathos und Nüchternheit. Munich: Szczesny, 1963.Google Scholar
  44. P. Farneti, Theodor Geiger e la coscienza della società industriale, Turin, Giappichelli, 1966.
  45. F. Engels, Die Lage der arbeitenden Klasse in England, Lipsia, 1845.Google Scholar
  46. H. Braveman, Labor and Monopoly Capital. The Degradation of Work in the Twentieth Century, Monthly Review Press, New York, 1974.Google Scholar
  47. P. Baran & M. Sweezy, Monopoly Capital: An Essay on the American Economy and Social Order, Monthly Review Press, New York, 1966.Google Scholar
  48. G. Sapelli, La cultura della produzione:“autorità tecnica e “autonomia morale”, in (edited by B. Bottiglieri and P. Celli), “Le culture del lavoro e l’ esperienza di Torino nel quadro europeo”, Il Mulino, Bologna, 1987, pp. 23–52 and pp. 157–160.Google Scholar
  49. G. Freidmann and P. Naville, Traité de scociologie du travail, Editions Armand Colin, Paris, 1961.Google Scholar
  50. J. H. Goldthorpe and D.W. Lockwood, F. Bechlofer, J. Platt, The Affluent Worker: Industrial Attitudes and Behavior, Cambridge University Press, Cambridge, 1969.Google Scholar
  51. G. Runcuiman, Relative Deprivation and Social Justice, Penguin Books, London, 1972.Google Scholar
  52. S. Weil, La condition ouvrière, Gallimard, Paris, 1951.Google Scholar

Copyright information

© The Author(s) 2019

Authors and Affiliations

  1. 1.University of MilanMilanoItaly

Personalised recommendations