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Digital Depression - Information Technology and Economic Crisis (Paperback)
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Digital Depression - Information Technology and Economic Crisis (Paperback)
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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.
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