Digital Capitalism: Networking the Global Market System

Digital Capitalism: Networking the Global Market System

Dan Schiller

our on-line world not just exemplifies yet spearheads the larger political economic climate of which it has develop into any such severe half. The networks that include our on-line world have been initially created on the behest of presidency organizations, army contractors, and allied academic associations. despite the fact that, during the last iteration or so, progressively more those networks started to serve basically company clients. lower than the sway of an expansionary marketplace good judgment, the net begun a political-economic transition towards what Dan Schiller calls "digital capitalism."

Schiller strains those metamorphoses via 3 severely vital and interlinked nation-states. components I and II care for the overwhelmingly "neoliberal" or market-driven rules that impression and govern the telecommunications process and their empowerment of transnational firms whereas whilst exacerbating exisiting social inequalities. half III exhibits how our on-line world deals uniquely supple tools with which to domesticate and deepen consumerism on a transnational scale, specifically between privileged teams. ultimately, half IV indicates how electronic capitalism has already overtaken schooling, putting it on the mercy of a proprietary marketplace common sense.

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