Name: How Silicon Valley Unleashed Techno-Feudalism: The Making of the Digital Economy
Price: 26.06 EUR
Availability: InStock
Author: Durand, Cédric ; Broder, David
ISBN: 9781804294383

portada How Silicon Valley Unleashed Techno-Feudalism: The Making of the Digital Economy

How Silicon Valley Unleashed Techno-Feudalism: The Making of the Digital Economy

Type

Physical Book

Author

Cédric Durand

Translated by

David Broder

Publisher

Verso

Language

English

Pages

240

Format

Hardcover

Weight

0.57 kg.

ISBN13

9781804294383

Synopsis "How Silicon Valley Unleashed Techno-Feudalism: The Making of the Digital Economy"

The New Economy never arrived, instead we have regressed towards darker times. Have we already entered the age of techno-feudalism? Inequality, stagnant productivity, endemic instability: The new economy of the nineties promised a new era of freedom and prosperity fuelled by technology and innovation. It didn't deliver. Certainly, algorithms are everywhere, but this does not mean that capitalism has become civilized or provided for the 99%. In the hands of private corporations, the digitalization of the world drives us toward an even darker future. The return of monopolies, the dependence of subject-citizens on platforms, the blurring of the distinction between the economic and the political all epitomize a systemic mutation. Information and data networks push the economy in the direction of the feudal logic of rent, dispossession, and domination of the many by the few. Techno-feudalism offers a fresh genealogy of the Silicon Valley consensus and its aporias. It disentangles the principles of an emerging system-wide rationale. Large firms compete in cyberspace to gain control over data sources. In this new economic order, capital is moving away from production to focus on predation. Acclaimed political economist Cédric Durand's devastating critique of our current Silicon Valley dominated economy points the way toward the systemic changes we need to build a more just society.

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How Silicon Valley Unleashed Techno-Feudalism: The Making of the Digital Economy - Durand, Cédric ; Broder, David

Synopsis "How Silicon Valley Unleashed Techno-Feudalism: The Making of the Digital Economy"

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