How has the Internet been changing our lives, and how did these
changes come about? Nathan Newman seeks the answers to these
questions by studying the emergence of the Internet economy in
Silicon Valley and the transformation of power relations it has
brought about in our new information age. Net Loss is his effort to
understand why technological innovation and growth have been
accompanied by increasing economic inequality and a sense of
political powerlessness among large sectors of the population.
Newman first tells the story of the federal government's crucial
role in the early development of the Internet, with the promotion
of open computer standards and collaborative business practices
that became the driving force of the Silicon Valley model. He then
examines the complex dynamic of the process whereby regional
economies have been changing as business alliances built around
industries like the Internet replace the broader public investments
that fueled regional growth in the past. A radical restructuring of
once regionally focused industries like banking, electric
utilities, and telephone companies is under way, with changes in
federal regulation helping to undermine regional planning and the
power of local community actors.
The rise of global Internet commerce itself contributes to
weakening the tax base of local governments, even as these
governments increasingly use networked technology to market
themselves and their citizens to global business, usually at the
expense of all but their most elite residents. More optimistically,
Newman sees an emerging countertrend of global use of the Internet
by grassroots organizations, such as those in the antiglobalization
movements, that may help to transcend this local powerlessness.
General
Imprint: |
Pennsylvania State University Press
|
Country of origin: |
United States |
Release date: |
August 2002 |
First published: |
August 2002 |
Authors: |
Nathan Newman
|
Dimensions: |
229 x 152 x 25mm (L x W x T) |
Format: |
Paperback
|
Pages: |
416 |
ISBN-13: |
978-0-271-02205-5 |
Categories: |
Books >
Computing & IT >
General
|
LSN: |
0-271-02205-1 |
Barcode: |
9780271022055 |
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