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Education, Science and Knowledge Capitalism

Creativity and the Promise of Openness


Michael A. Peters

We live in the age of global science – but not, primarily, in the sense of ‘universal knowledge’ that has characterized the liberal metanarrative of ‘free’ science and the ‘free society’ since its early development in the Enlightenment. Today, an economic logic links science to national economic policy, while globalized multinational science dominates an environment where quality assurance replaces truth as the new regulative ideal. This book examines the nature of educational and science-based capitalism in its cybernetic, knowledge, algorithmic and bioinformational forms before turning to the emergence of the global science system and the promise of openness in the growth of international research collaboration, the development of the global knowledge commons and the rise of the open science economy. Education, Science and Knowledge Capitalism explores the nature of cognitive capitalism, the emerging mode of social production for public education and science and its promise for the democratization of knowledge.
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Chapter Five: Bioeconomy and the Third Industrial Revolution in the Age of Synthetic Life | with Priya Venkatesan


Chapter 5

Michael A. Peters and Priya Venkatesan

A new economic space has been delineated—the bioeconomy—and a new form of capital—biocapital.

—Nicholas Rose (2009), The Politics of Life Itself: Biomedicine, Power,and Subjectivity in the Twenty-First Century (p. 6)

Daniel G. Gibson and his twenty-four colleagues1 at the Craig Venter Institute published their pathbreaking paper ‘Creation of a Bacterial Cell Controlled by a Chemically Synthesized Genome’ in Science on May 20, 2010.2 In the abstract they report:

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