Digital Depression

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Digital Depression

Information Technology and Economic Crisis

Economic history Information technology industries Information technology: general topics

Author: Dan Schiller

Dinosaur mascot

Collection: Geopolitics of Information

Language: English

Published by: University of Illinois Press

Published on: 15th October 2014

Format: LCP-protected ePub

Size: 1 Mb

ISBN: 9780252096716


The Impact of the 2007-08 Financial Crisis

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.

About Digital Depression

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.

Core Forces in Capitalism

As he shows, the forces at the core of capitalism—exploitation, commodification, and inequality—are ongoing and accelerating within the networked political economy.

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