The generation logic and risk governance of metaverse digital capital
The intensification of digital capital competition has driven capital to continuously expand its development space,giving rise to a new field of metaverse digital capital space.The essence of metaverse is the spatial expansion of digital capital,the expansion of underlying production and international capital,promoting the innovative use of space by capital,expanding capital reproduction and increasing capital multiplication capacity.As far as the relationship between space and capital is concerned,space can exist independently of capital,but capital cannot proliferate independently of space,and the expansion of capital must take a certain amount of space as its material carrier.The capitalization of spa-tial elements and the spatialization of capital are distinctive features of the expansion of digital capital in metaverse.The development and production of metaverse promotes the application of digital technology,and continuously promotes the digital transformation of existing industries,and the"fusion of virtual and reality"is the new mode of digital capital pro-duction.However,while metaverse provides a new space for the development of digital capital,it also harbors many hid-den risks caused by the disorderly pursuit of profits by capital.In the face of the unregulated"blue ocean market"and unexploited potential high profits in metaverse,metaverse can become a new tool for the exploitation of digital capital,and the developed countries may use it to expand the"derailment"between themselves and digitally disadvantaged coun-tries,so as to achieve digital hegemony and discourse domination in metaverse.While actively embracing digital technolo-gy and metaverse,proactive digital capital risk management is the dialectic of digital capital risk governance in metaverse.Based on this,the forward-looking risk governance of metaverse digital capital needs to rely on the inherent advantages of the socialist market economy in terms of unified and orderly markets,rational allocation of resources and centralized power of development to effectively manage the instrumental,derailment and squeeze risks that come with metaverse.