Behavioural Capitalism is a version of capitalism in which human action becomes the most important factor for the production and provision of goods and services. The accumulation of power can no longer hide behind the mechanisms of the new, but is clearly visible in the light. A necessity, because an unbridled and unbridled behavioral capitalism is even more dangerous than an angry financial capitalism, because it needs not only capital, but man as a whole to harvest. Anytime, any day. Yes, the phenomenon was palpable. Now it finds its analysis and order. Behavioural Capitalismmust therefore be identified and interpreted in order to be able to deal with it self-confidently and positively.The wild horse needs dressage, otherwise it will go through at the end.
Behaviour means acting, tolerating as well as not acting. The processes can be conscious or unconscious. It is influenced and produced by stimuli. Not that one did not always want to know as much as possible, but only with the aforementioned technological development did the problem of the difficult acquisition of behavioral data disappear into thin air within a very short time. It is therefore hardly surprising at what speed large technology companies such as Amazon, Facebook or Google emerged and began to collect data, use behaviour according to capitalist methods and embed people bit by bit. Algorithms and automation made possible what humans would not have been able to do. You can see this Video explaining what Behavioral Capitalism is.
Behavioral Capitalism concept was created by Andreas Herteux, a german economist, philosopher, publicist and author. Andreas Herteux founded Erich von Werner Society , a group dedicated to constantly analyze the global situation, arrange it, prepares it and designs appropriate models as well as theories for the representation of the reality. The Erich von Werner Society makes a significant contribution to the understanding of current and future world events. More info at Andreas Herteux, Erich von Werner Society and Behavioral Capitalism.
The data volumes obtained are now stored in the behavioural factory, a metaphor to represent a complicated and decentralised processing process more plastically, and processed in parts into products. Forecast products as well as satisfaction products are produced. Forecast products are used to estimate the future behaviour of an individual. A typical example would be a user of a social network who is interested in hiking, presents photos and documents participation in events. The algorithm can now read this data and supplement it with other information such as age, place of residence, brand inclinations, style, etc.
The presentation of this development was deliberately neutral, as it entails both opportunities and risks. The embedding of the individual in his own world, which serves his own fulfilment of needs and self-realisation, is at first not negative, especially since this does not have to be designed in a closed way. On the other hand, of course, there is a central world of who ultimately controls the stimuli and the data and whether the behavior or even one’s own reality is manipulated. This, like the model of behavioral capitalism, is now to be released for discussion. You can buy the book on Amazon : Behavioral Capitalism on Amazon – Direct Link(no affiliate).
The Erich von Werner Society believes that the society is approaching a new major period. These changes are because of or are accelerated by factors, which in combination and interaction with each other will trigger a new era: Overpopulation and missing life perspectives (e.g. due to the demographic development on the African continent). Some of the world’s biggest problems : Lack of Human Rights: Political systems hinder human rights and liberties that are inherent to every individual regardless of his or her demographic, religion, culture, gender, race, etc. In 2014, Amnesty International recorded that more than a third of governments imprisoned its citizens who were exercising their rights. Abuse and conflict occur on every continent – from state-sponsored killings in Syria to repression of speech in Russia. Children are key to our future success, yet many across the world do not have access to some of their most basic needs and approximately six million children die each year before reaching the age of five. Child health and education go hand in hand. Malnutrition of children leads to permanent physiological damage, known colloquially as ‘stunting’. Children who are hungry cannot concentrate and, thus, cannot learn. Children who are chronically hungry develop cognitive difficulties, which means they might never be able to achieve their actual academic or professional potential.