Summary of Digital Capitalism

Networking the Global Market System

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Digital Capitalism book summary
Did big money and politics hijack the Internet just when it was on course to uplift mankind? You decide!

Rating

6 Overall

5 Applicability

9 Innovation

4 Style

Review

Dan Schiller’s book is an exhaustive history and analysis of network deregulation, the Internet, and the emerging global economic order. In this academic work, Schiller examines the social and political issues of the Internet, the new economic landscape. He is, above all, a critic of the political realities that shaped the Internet. He laments its lack of social and "welfarist" features and argues that a system created by market forces to serve market forces can only exacerbate existing inequities. His dry, academic tone still reveals a little emotion, making it clear that Schiller is no cheerleader for the neo-liberal orientation he perceives on the Internet. Is there an overt political slant to the book? You might say that. getabstract recommends it to students of economics, social sciences, and communications, and to anyone else with a good political filter who wants to better understand the Internet’s impact on the global economy, albeit from a U.S. perspective.

In this summary, you will learn

  • How network deregulation largely serves corporations
  • How the Internet has evolved into an economic entity unto itself
  • What social and economic consequences the liberalization of global telecommunications had
 

Summary

Neoliberal Networking
Corporate interests and existing telecommunications entities developed the global network of digital capitalism to serve corporate interests. To create this system, the world’s existing communication networks needed to be radically altered. The dominant philosophy...
Get the key points from this book in less than 10 minutes.

About the Author

Dan Schiller  is a Communications Professor at the University of California at San Diego.


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