Capital And Knowledge

Continuing his pioneering theoretical explorations into the relationships among biosciences, the market, and political economy, Kaushik Sunder Rajan introduces the concept of pharmocracy to explain the structure and operation of the global hegemony of the multinational pharmaceutical industry.

The book is devoted to exploring the organizational dimensions of the general space of problem-solution dualities within epistemic fields to examine the diversity and unity of knowing and information-knowledge production in science and non-science and how to account for and explain the forces of variety transformations, as induced by decision-choice actions in creating the functor space and the space of categorial converters as well as to integrate decision-choice qualities of curiosity, creativity, hope, despair, success, failure, and their relationships with epistemic anomalies in the production of intellectual investment flows and capital stocks, and the rise and fall of institutions in response to the dynamics of the open space of problem-solution dualities with open algorithms under the principle of non-satiation.