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- W4244588648 abstract "This book explores the notion of digital capitalism and its crash in 2007–2008, which it attributes to the uneven character of information and communications technology (ICT). It advances two main arguments: that the economic contributions made by ICT to digital capitalism rendered digital technology a fundamental pole of growth; and that, when it arrived, the economic crisis could be traced not only to financial speculation but to capital's multifaceted integration of digital systems into the political economy. In this account, the contradictory matrix of technological revolution and stagnation that constitutes capitalism today is highlighted. The book also elucidates the role of information and communications in the political economy's chief developmental processes, including capital's reorganization of the system of production, through fresh cycles of labor restructuring and spiking foreign direct investment; capital's concurrent ingress into finance; escalating military procurement spending; and the wide-ranging changes in the ICT sector. Finally, it considers how commodity chains bring together diverse labor systems to effect globally distributed production processes." @default.
- W4244588648 created "2022-05-12" @default.
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- W4244588648 date "2017-04-20" @default.
- W4244588648 modified "2023-09-27" @default.
- W4244588648 title "Introduction" @default.
- W4244588648 doi "https://doi.org/10.5406/illinois/9780252038761.003.0016" @default.
- W4244588648 hasPublicationYear "2017" @default.
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