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Digital Capitalism: Networking the Global Market System

Author

Listed:
  • Dan Schiller

    (University of Illinois, Urbana-Champaign)

Abstract
The networks that comprise cyberspace were originally created at the behest of government agencies, military contractors, and allied educational institutions. Over the past generation or so, however, a growing number of these networks began to serve primarily corporate users. Under the sway of an expansionary market logic, the Internet began a political-economic transition toward what Dan Schiller calls "digital capitalism." Schiller traces these metamorphoses through three critically important and interlinked realms. Parts I and II deal with the overwhelmingly "neoliberal" or market-driven policies that influence and govern the telecommunications system and their empowerment of transnational corporations while at the same time exacerbating existing social inequalities. Part III shows how cyberspace offers uniquely supple instruments with which to cultivate and deepen consumerism on a transnational scale, especially among privileged groups. Finally, Part IV shows how digital capitalism has already overtaken education, placing it at the mercy of a proprietary market logic.

Suggested Citation

  • Dan Schiller, 2000. "Digital Capitalism: Networking the Global Market System," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262692333, April.
    • Handle: RePEc:mtp:titles:0262692333
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    Citations

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    Cited by:

    1. Victor-Alexandru Briciu & Cătălina-Ionela Rezeanu & Arabela Briciu, 2020. "Online Place Branding: Is Geography ‘Destiny’ in a ‘Space of Flows’ World?," Sustainability, MDPI, vol. 12(10), pages 1-24, May.
    2. Lange, Steffen & Pohl, Johanna & Santarius, Tilman, 2020. "Digitalization and energy consumption. Does ICT reduce energy demand?," Ecological Economics, Elsevier, vol. 176(C).
    3. Ju Li, 2021. "Open Sesame? The Paradoxical Development of C2C E-commerce in China," Review of Radical Political Economics, Union for Radical Political Economics, vol. 53(2), pages 266-280, June.
    4. Cecilia POGGI & Sonia FILIPETTO & Ariela MICHA & Francisca PEREYRA & Martín TROMBETTA, 2022. "Labour transitions that lead to platform work: Towards increased formality? Evidence from Argentina," Working Paper faa6161e-8fc7-4564-9732-0, Agence française de développement.
    5. Alain Marciano & Antonio Nicita & Giovanni Battista Ramello, 2020. "Big data and big techs: understanding the value of information in platform capitalism," European Journal of Law and Economics, Springer, vol. 50(3), pages 345-358, December.
    6. Shubi L. Ishemo, 2004. "Culture & historical knowledge in Africa: A Cabralian approach," Review of African Political Economy, Taylor & Francis Journals, vol. 31(99), pages 65-82, March.
    7. Alain Marciano & Antonio Nicita & Giovanni Battista Ramello, 2020. "Puzzles in the big data revolution: an introduction," European Journal of Law and Economics, Springer, vol. 50(3), pages 339-344, December.
    8. Anttiroiko, Ari-Veikko, 2015. "Networks in Manuel Castells’ theory of the network society," MPRA Paper 65617, University Library of Munich, Germany.
    9. Tilman Santarius & Johanna Pohl & Steffen Lange, 2020. "Digitalization and the Decoupling Debate: Can ICT Help to Reduce Environmental Impacts While the Economy Keeps Growing?," Sustainability, MDPI, vol. 12(18), pages 1-20, September.
    10. Tilman Santarius & Steffen Lange, 2021. "Chancen und Grenzen einer ‚3-D-Ökonomie‘: [Opportunities and limitations of a ‘3-D economy’:]," Sustainability Nexus Forum, Springer, vol. 29(1), pages 31-39, March.
    11. Cooiman, Franziska, 2021. "Veni vidi VC – the backend of the digital economy and its political making," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, issue Latest Ar, pages 1-1.

    More about this item

    Keywords

    digital capitalism; expansionary market logic; cyberspace;
    All these keywords.

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • F02 - International Economics - - General - - - International Economic Order and Integration

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