Friday, July 11, 2025

Review: The Knowledge Economy and Socialism by Agustín Lage Dávila

Our current age is remarkable for the rapidity with which knowledge is produced and integrated into products. New technology, like CRISPR or LLMs, explode onto the scene and change the game in such a way that news and technology from 6 months prior is already out of date. A company’s competitiveness hinges on how fast they can produce, respond to, and apply knowledge. Capitalist competition on this battlefield has led to the increasing privatization of knowledge, such as through institutions like patents. For most of human history, science played a liberating role in helping humans meet their needs and overcome the challenges of nature. Under capitalism, scientific output is increasingly commodified. What does an alternative model for the role of science in society look like?

Agustín Lage Dávila is a Cuban immunologist who played a leading role in developing Cuba’s remarkable biotechnology sector. In this series of essays written between 1994 and 2013, Lage Dávila reflects on the role science plays in society, and the way Cuban leaders used their understanding of economics and science to create a successful biotech hub in the unlikely soils of an underdeveloped and heavily embargoed country.

One of Lage Dávila’s insights is that the Cuban high-tech sector benefited from a highly educated populace, in contrast with mainstream approaches to development that prioritize development goals over educational excellence. For Cuba, success in exportable high-tech goods is a matter of survival: it is a small island and so its market is too small to support the production of specialized goods nor is its labour market able to transform into a major manufacturing hub (like China’s approach). It is also poor in natural resources, and so its ability to trade for the things it needs necessarily comes from the export of high value-add products, like its vaccines and cancer drugs. 

Lage Dávila contrasts the path Cuba took with capitalist approaches to the knowledge economy, as well as to approaches taken by other socialist states, particularly the USSR and China. Some of his observations are a little dated: in particular, China’s world leadership in science and technology has only emerged in the last few years. Cuba has also struggled in recent years due to the US’s devastating illegal sanctions. Due to this book's origins as a series of individually published essays, it also becomes somewhat repetitive. Still, his account is clear-sighted and thoughtful, and as a scientist, I found it incredibly applicable to understanding my own role in society.

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