The Critique of Digital Capitalism

The Critique of Digital Capitalism PDF Author: Michael Betancourt
Publisher: punctum books
ISBN: 0692598448
Category : Business & Economics
Languages : en
Pages : 265

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Book Description
Anything that can be automated, will be. The "magic" that digital technology has brought us - self-driving cars, Bitcoin, high frequency trading, the internet of things, social networking, mass surveillance, the 2009 housing bubble - has not been considered from an ideological perspective. The Critique of Digital Capitalism identifies how digital technology has captured contemporary society in a reification of capitalist priorities, and also describes digital capitalism as an ideologically "invisible" framework that is realized in technology. Written as a series of articles between 2003 and 2015, the book provides a broad critical scope for understanding the inherent demands of capitalist protocols for expansion without constraint (regardless of social, legal or ethical limits) that are increasingly being realized as autonomous systems that are no longer dependent on human labor or oversight and implemented without social discussion of their impacts. The digital illusion of infinite resources, infinite production, and no costs appears as an "end to scarcity," whereby digital production supposedly eliminates costs and makes everything equally available to everyone. This fantasy of production without consumption hides the physical costs and real-world impacts of these technologies. The critique introduced in this book develops from basic questions about how digital technologies directly change the structure of society: why is "Digital Rights Management" not only the dominant "solution" for distributing digital information, but also the only option being considered? During the burst of the "Housing Bubble" burst 2009, why were the immaterial commodities being traded of primary concern, but the actual physical assets and the impacts on the people living in them generally ignored? How do surveillance (pervasive monitoring) and agnotology (culturally induced ignorance or doubt, particularly the publication of inaccurate or misleading scientific data) coincide as mutually reinforcing technologies of control and restraint? If technology makes the assumptions of its society manifest as instrumentality - then what ideology is being realized in the form of the digital computer? This final question animates the critical framework this analysis proposes. Digital capitalism is a dramatically new configuration of the historical dynamics of production, labor and consumption that results in a new variant of historical capitalism. This contemporary, globalized network of production and distribution depends on digital capitalism's refusal of established social restraints: existing laws are an impediment to the transcendent aspects of digital technology. Its utopian claims mask its authoritarian result: the superficial "objectivity" of computer systems are supposed to replace established protections with machinic function - the uniform imposition of whatever ideology informs the design. However, machines are never impartial: they reify the ideologies they are built to enact. The critical analysis of capitalist ideologies as they become digital is essential to challenging this process. Contesting their domination depends on theoretical analysis. This critique challenges received ideas about the relationship between labor, commodity production and value, in the process demonstrating how the historical Marxist analysis depends on assumptions that are no longer valid. This book therefore provides a unique, critical toolset for the analysis of digital capitalist hegemonics.

The Critique of Digital Capitalism

The Critique of Digital Capitalism PDF Author: Michael Betancourt
Publisher: punctum books
ISBN: 0692598448
Category : Business & Economics
Languages : en
Pages : 265

Get Book Here

Book Description
Anything that can be automated, will be. The "magic" that digital technology has brought us - self-driving cars, Bitcoin, high frequency trading, the internet of things, social networking, mass surveillance, the 2009 housing bubble - has not been considered from an ideological perspective. The Critique of Digital Capitalism identifies how digital technology has captured contemporary society in a reification of capitalist priorities, and also describes digital capitalism as an ideologically "invisible" framework that is realized in technology. Written as a series of articles between 2003 and 2015, the book provides a broad critical scope for understanding the inherent demands of capitalist protocols for expansion without constraint (regardless of social, legal or ethical limits) that are increasingly being realized as autonomous systems that are no longer dependent on human labor or oversight and implemented without social discussion of their impacts. The digital illusion of infinite resources, infinite production, and no costs appears as an "end to scarcity," whereby digital production supposedly eliminates costs and makes everything equally available to everyone. This fantasy of production without consumption hides the physical costs and real-world impacts of these technologies. The critique introduced in this book develops from basic questions about how digital technologies directly change the structure of society: why is "Digital Rights Management" not only the dominant "solution" for distributing digital information, but also the only option being considered? During the burst of the "Housing Bubble" burst 2009, why were the immaterial commodities being traded of primary concern, but the actual physical assets and the impacts on the people living in them generally ignored? How do surveillance (pervasive monitoring) and agnotology (culturally induced ignorance or doubt, particularly the publication of inaccurate or misleading scientific data) coincide as mutually reinforcing technologies of control and restraint? If technology makes the assumptions of its society manifest as instrumentality - then what ideology is being realized in the form of the digital computer? This final question animates the critical framework this analysis proposes. Digital capitalism is a dramatically new configuration of the historical dynamics of production, labor and consumption that results in a new variant of historical capitalism. This contemporary, globalized network of production and distribution depends on digital capitalism's refusal of established social restraints: existing laws are an impediment to the transcendent aspects of digital technology. Its utopian claims mask its authoritarian result: the superficial "objectivity" of computer systems are supposed to replace established protections with machinic function - the uniform imposition of whatever ideology informs the design. However, machines are never impartial: they reify the ideologies they are built to enact. The critical analysis of capitalist ideologies as they become digital is essential to challenging this process. Contesting their domination depends on theoretical analysis. This critique challenges received ideas about the relationship between labor, commodity production and value, in the process demonstrating how the historical Marxist analysis depends on assumptions that are no longer valid. This book therefore provides a unique, critical toolset for the analysis of digital capitalist hegemonics.

The Critique of Digital Capitalism: An Analysis of the Political Economy of Digital Culture and Technology

The Critique of Digital Capitalism: An Analysis of the Political Economy of Digital Culture and Technology PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


Digital Capitalism

Digital Capitalism PDF Author: Christian Fuchs
Publisher: Routledge
ISBN: 1000473244
Category : Social Science
Languages : en
Pages : 342

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Book Description
This third volume in Christian Fuchs’s Media, Communication and Society book series illuminates what it means to live in an age of digital capitalism, analysing its various aspects, and engaging with a variety of critical thinkers whose theories and approaches enable a critical understanding of digital capitalism for media and communication. Each chapter focuses on a particular dimension of digital capitalism or a critical theorist whose work helps us to illuminate how digital capitalism works. Subjects covered include: digital positivism; administrative big data analytics; the role and relations of patriarchy, slavery, and racism in the context of digital labour; digital alienation; the role of social media in the capitalist crisis; the relationship between imperialism and digital labour; alternatives such as trade unions and class struggles in the digital age; platform co-operatives; digital commons; and public service Internet platforms. It also considers specific examples, including the digital labour of Foxconn and Pegatron workers, software engineers at Google, and online freelancers, as well as considering the political economy of targeted-advertising-based Internet platforms such as Facebook, Google, YouTube, and Instagram. Digital Capitalism illuminates how a digital capitalist society’s economy, politics, and culture work and interact, making it essential reading for both students and researchers in media, culture, and communication studies, as well as related disciplines.

Digital Capitalism in the New Media Era

Digital Capitalism in the New Media Era PDF Author: Topçu, Çiçek
Publisher: IGI Global
ISBN:
Category : Social Science
Languages : en
Pages : 289

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Book Description
How do digital capitalism and the evolving landscape of new media intersect, and what does this mean for the future of media? It is necessary to begin the excavation process, to unearth the insights of experts in these fields to better understand the transformation of the globalized world. In Digital Capitalism in the New Media Era, the intricate relationship between media and society takes center stage, examined through the lens of contemporary technology's impact on this dynamic. Within the confines of this meticulously researched book lies a comprehensive analysis of how the established political economy of traditional media has adapted and responded to the surge of new technologies. The rise of new tools has inadvertently ushered in a new age of surveillance, marked by sophisticated techniques like digital trace tracking and micro-targeting strategies. This book covers comprehensive topics, including exploiting personal data for both commercial and political ends, the pervasive influence of algorithmic mechanisms and filter bubbles, and the dominion of tech giants in this digital landscape. By offering a panoramic view of the contemporary media landscape, this book not only equips researchers, sociologists, and media professionals with an understanding of the intricate interplay between technology and society but also facilitates a deeper comprehension of pressing concerns such as open science, gender equality, and the digital divide.

The Digital Mind

The Digital Mind PDF Author: Kristian Bankov
Publisher: Springer Nature
ISBN: 3030925552
Category : Philosophy
Languages : en
Pages : 247

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Book Description
This book reveals the core features of digital culture, examined by means of semiotic models and theories. It positions commercial and market principles in the center of the digital semiosphere, avoiding the need to force the new cultural reality into the established textualist or pragmatist paradigms. The theoretic insights and case studies presented here argue for new semiotic models of inquiry that include working with big data, user experience and nethnography, along with conventional approaches. The book develops a new concept of identity in the digital age, analyzing the digital flows of recognition and value, which led to the tremendous success of Social Media and the Web 2.0 era. Self-expression, entertainment and consumerism are seen as the major drivers of identity formation in the post-truth era, where the self can no longer be considered independently of a given person’s communication devices, where a substantial part of it is stored and actualized. It will be of interest to semioticians and researchers working on digital culture.

Digital Capitalism and Distributive Forces

Digital Capitalism and Distributive Forces PDF Author: Sabine Pfeiffer
Publisher: transcript Verlag
ISBN: 3839458935
Category : Social Science
Languages : en
Pages : 283

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Book Description
Are robots taking away our jobs? Those who ask this question have misunderstood digitalisation - it is not an industrial revolution by other means. Sabine Pfeiffer searches for the actual novelties brought about by digitalisation and digital capitalism. In her analysis, she juxtaposes Marx's concept of productive force with the idea of distributive force. From the platform economy to artificial intelligence, Pfeiffer shows that digital capitalism is less about the efficient production of value, but rather about its fast, risk-free, and permanently secured realisation on the markets. The examination of this dynamic and its consequences also leads to the question of how destructive the distributive forces of digital capitalism might be.

The Digital Double Bind

The Digital Double Bind PDF Author: Mohamed Zayani
Publisher: Oxford University Press
ISBN: 0197508634
Category : Information technology
Languages : en
Pages : 321

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Book Description
The Middle East's digital turn has renewed hopes of socio-economic development and political change across the region, but it is also marked by stark contradictions and historical tensions. In this book, Mohamed Zayani and Joe F. Khalil contend that the region is caught in a digital double bind in which the same conditions that drive the state, market, and public immersion in the digital also inhibit change and perpetuate stasis. The Digital Double Bind offers a path-breaking analysis of how the Middle East negotiates its relation to the digital and provides a roadmap for a critical engagement with technology and change in the Global South.

Patterns

Patterns PDF Author: Armin Nassehi
Publisher: John Wiley & Sons
ISBN: 1509558233
Category : Social Science
Languages : en
Pages : 215

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Book Description
We are inclined to assume that digital technologies have suddenly revolutionized everything – including our relationships, our forms of work and leisure, and even our democracies – in just a few years. Armin Nassehi puts forward a new theory of digital society that turns this assumption on its head. Rather than treating digital technologies as an independent causal force that is transforming social life, he asks: what problem does digitalization solve? When we pose the question in this way, we can see, argues Nassehi, that digitalization helps societies to deal with and reduce complexity by using coded numbers to process information. We can also see that modern societies had a digital structure long before computer technologies were developed – already in the nineteenth century, for example, statistical pattern recognition technologies were being used in functionally differentiated societies in order to recognize, monitor and control forms of human behaviour. Digital technologies were so successful in such a short period of time and were able to penetrate so many areas of society so quickly precisely because of a pre-existing sensitivity that prepared modern societies for digital development. This highly original book lays the foundations for a theory of the digital society that will be of value to everyone interested in the growing presence of digital technologies in our lives.

Capital and Ressentiment

Capital and Ressentiment PDF Author: Joseph Vogl
Publisher: John Wiley & Sons
ISBN: 1509551832
Category : Political Science
Languages : en
Pages : 149

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Book Description
The proliferation of social media has provided ideal conditions in which feelings of anger and frustration can be expressed and shared, forming a deep pool of ressentiment that is being drawn upon and exploited by populist and authoritarian leaders. In his new book, Joseph Vogl shows how this dynamic is rooted in the fusing of finance capital and information in a new form of information capitalism that is reshaping the affective economy of our societies. The capital accumulation strategies of powerful new platforms and social media are pushing people into fragmented, opposing, and conflictual communities where ressentiment is nurtured and grows. The feelings of grievance and rejection generated by capitalism are redirected into attacks on migrants, foreigners, and others, thereby deflecting their critical potential, and bolstering the system that is their source. It is the cunning of ressentiment that provides the key to understanding why, despite the profusion of communication in our social media age, global finance and information capital can be neither understood nor attacked as a totalizing power. This brilliant analysis of the ways in which information capitalism is transforming the affective economy of our societies will be of great interest to anyone concerned with the forces that are shaping our societies today.

The New Patriarchs of Digital Capitalism

The New Patriarchs of Digital Capitalism PDF Author: Ben Little
Publisher: Routledge
ISBN: 1000397637
Category : Social Science
Languages : en
Pages : 180

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Book Description
This book offers an original critique of the billionaire founders of US West Coast tech companies, addressing their collective power, influence, and ideology, their group dynamics, and the role they play in the wider sociocultural and political formations of digital capitalism. Interrogating not only the founders’ political and economic ambitions, but also how their corporations are omnipresent in our everyday lives, the authors provide robust evidence that a specific kind of patriarchal power has emerged as digital capitalism’s mode of command. The ‘New Patriarchs’ examined over the course of the book include: Sergey Brin and Larry Page of Google, Elon Musk of Tesla, Jeff Bezos of Amazon, Mark Zuckerberg of Facebook, and Peter Thiel. We also include Sheryl Sandberg. The book analyses how these (mostly) men legitimate their rapidly acquired power, tying a novel kind of socially awkward but ‘visionary’ masculinity to exotic forms of shareholding. Drawing on a ten million word digital concordance, the authors intervene in feminist debates on patriarchy, masculinity, and postfeminism, locating the power of the founders as emanating from a specifically racialised structure of oppression tied to imaginaries of the American frontier, the patriarchal household, and settler colonialism. This is an important interdisciplinary contribution suitable for researchers and students across Digital Media, Media and Communication, and Gender and Cultural Studies.