Digital Depression: Information Technology and Economic Crisis

Digital Depression: Information Technology and Economic Crisis

by Dan Schiller
Digital Depression: Information Technology and Economic Crisis

Digital Depression: Information Technology and Economic Crisis

by Dan Schiller

Paperback(1st Edition)

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Overview

The financial crisis of 2007-08 shook the idea that advanced information and communications technologies (ICTs) as solely a source of economic rejuvenation and uplift, instead introducing the world to the once-unthinkable idea of a technological revolution wrapped inside an economic collapse. In Digital Depression, Dan Schiller delves into the ways networked systems and ICTs have transformed global capitalism during the so-called Great Recession. He focuses on capitalism's crisis tendencies to confront the contradictory matrix of a technological revolution and economic stagnation making up the current political economy and demonstrates digital technology's central role in the global political economy. As he shows, the forces at the core of capitalism—exploitation, commodification, and inequality—are ongoing and accelerating within the networked political economy.

Product Details

ISBN-13: 9780252080326
Publisher: University of Illinois Press
Publication date: 09/15/2014
Series: Geopolitics of Information
Edition description: 1st Edition
Pages: 376
Product dimensions: 5.90(w) x 8.90(h) x 1.10(d)

About the Author

Dan Schiller is a professor in the Graduate School of Library and Information Science and the Department of Communication at the University of Illinois at Urbana-Champaign. He is the author of How to Think About Information and Digital Capitalism: Networking the Global Market System.

Table of Contents

Acknowledgments ix

Introduction: A Contradictory Moment 1

Part I Digital Capitalism's Ascent to Crisis

1 Network Connectivity and Labor Systems 13

2 Networked Production and Reconstructed Commodity Chains 27

3 Networked Financialization 43

4 Networked Militarization 57

Part II The Recomposition of Communications

5 The Historical Run-UP 73

6 Web Communications Commodity Chains 83

7 Services and Applications 115

8 The Sponsor System Resurgent 125

9 Growth amid Depression? 142

Part III Geopolitics and Social Purpose

10 A Struggle for Growth 151

11 "A New Foreign Policy Imperative" 161

12 Taking Care of Business: The Internet at the U.S. Commerce Department 170

13 Beyond a U.S.-centric Internet? 185

14 Accumulation and Repression 211

15 From Geopolitics to Social and Political Struggle 229

Notes 247

Index 349

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