Tuesday, March 10, 2009

Digital Capitalism

I would like to do my book review on Digital Capitalism: Networking the Global Market System, by Dan Schiller. The book discusses the political-economic transition of a large number of networks originally created by government agencies, military contractors and educational institutions towards serving corporate users. This transition moved the Internet towards "digital capitalism." With the use of trade and business reports, Schiller shows that because the Internet is so closely linked with capitalism, it works to enforce and worsen social inequality.
The book is divided into 4 parts: Parts I and II focus on the policies that control the telecommunications system and the corporations they benefit--meanwhile intensifying social inequalities. Part III shows how cyberspace provides tools used for promoting consumerism across nations, and Part IV reveals that digital capitalism has already overtaken education. It sounds very interesting.

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