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- W596274780 abstract "This paper reviews distinct critical writings on the current global economic crisis in order to suggest that the crisis represents a distinctly new form of actor-network capitalism, originating in the hybrid financial innovations since the 1970s, the explosive growth in cyber-space potential during the 1990s and the subsuming of the State by finance that accompanied these two processes. The paper proposes the evolution of what is referred to as ultracapital (capital beyond capital) from within the global financial services sector, as a relational space in which to examine actants, networks and processes. Hybrid cyber-, juridical and socio-political spaces are considered in outline alongside the increasingly sophisticated development of new financial services instruments driven by IT innovation toward the fundamental detachment of value from price. These considerations suggest that many of the partial views on the economic crisis within the disciplines of geography, economics and politics need to be re-thought using cross-disciplinary, holistic analyses that utilize relational and actor-network theorization. Finally, the paper suggests that global economic events since 2007 are not just another episode in a series of crises which are endemic to capitalism, but a transitional phase towards an entirely different capitalist topology." @default.
- W596274780 created "2016-06-24" @default.
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- W596274780 date "2013-11-19" @default.
- W596274780 modified "2023-09-24" @default.
- W596274780 title "The Evolution of Ultracapital and Actor-Network Capitalism" @default.
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