Economy as Communication - Communication as Economy

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This book describes the communicative change in the economy. If economics essentially means the organization of value creation through management in companies or by companies in markets, then the communicative change is driven by the shift in its logic from analytics to communication. This shift is also the basis of the call-out economy. The logic of companies and markets lies in the organization of value creation. This value creation was once discussed as autonomous competencies. This has largely changed. Today, value creation occurs in social systems. The logic of communication does not consist primarily in the transfer of information, as was originally assumed in economics or communication theory. The purpose of communication today is to organize shared meaning. Communication configures and shape markets also in markets beyond communication industries. Fashions are a popular example for this. Communication on production, consumption or aesthetics are popular examples as well as brands. Brands mutate from passive media into active social systems that constantly teach and learn brand values. Brands align social values which are in the focus of macro marketing with successful micro marketing which means to address the individual claims of customers.