CHAPTER 2

Explaining the Rise of Intangible Capitalism

Introduction

The rise of intangible capitalism can be attributed to many interrelated social, cultural, technological, and economic factors, collectively contributing to the changing landscape of capital allocation. An American sociologist, Daniel Bell, popularized postindustrial society to describe the significant socio-economic shifts in the late 20th century [4,5]. Exploring postindustrial society extended beyond Bell’s contributions, with other notable scholars investigating the underlying factors. An influential sociologist, Anthony Giddens, examined the intersection of globalization and technological changes, explaining how these forces reshaped social structures and individual experiences ...

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