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How Silicon Valley Unleashed Techno-Feudalism (The Making of the Digital Economy)
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Product Details
Author:
Cédric Durand, David Broder
Format:
Hardcover
Pages:
240
Publisher:
Verso Books (September 3, 2024)
Language:
English
ISBN-13:
9781804294383
ISBN-10:
1804294381
Weight:
11.4oz
Dimensions:
5.8" x 8.56" x 0.8"
File:
RandomHouse-PRH_Book_Company_PRH_PRT_Onix_full_active_D20260405T170953_155746846-20260405.xml
Folder:
RandomHouse
List Price:
$29.95
Case Pack:
18
As low as:
$23.06
Publisher Identifier:
P-RH
Discount Code:
A
QuickShip:
Yes
Audience:
General/trade
Country of Origin:
United Kingdom
Pub Discount:
65
Imprint:
Verso
Overview
The promise of the New Economy gone, we have regressed into the age of techno-feudalism
The rise of the IT industry in the nineties promised a new era of freedom and prosperity. It didn’t deliver. Certainly, algorithms are everywhere, but capitalism is no more civilised than ever.
In fact, in the hands of private corporations, the digitalisation of the world drives us towards a darker future. The return of monopolies, the dominance of a few platforms, the blurred distinction between the economic and the political all epitomise a systemic mutation. Information and data networks push the digital economy in the direction of the feudal logic of rent, dispossession, and personal domination.
How Silicon Valley Unleashed Techno-feudalism offers a fresh genealogy of the Silicon Valley consensus and its contradictions. It disentangles the principles of an emerging systemwide rationale. Large firms compete in cyberspace to gain control over data, and ordinary people are increasingly at the mercy of tech giants. In this new economic order, capital is moving away from production to focus on predation.
The rise of the IT industry in the nineties promised a new era of freedom and prosperity. It didn’t deliver. Certainly, algorithms are everywhere, but capitalism is no more civilised than ever.
In fact, in the hands of private corporations, the digitalisation of the world drives us towards a darker future. The return of monopolies, the dominance of a few platforms, the blurred distinction between the economic and the political all epitomise a systemic mutation. Information and data networks push the digital economy in the direction of the feudal logic of rent, dispossession, and personal domination.
How Silicon Valley Unleashed Techno-feudalism offers a fresh genealogy of the Silicon Valley consensus and its contradictions. It disentangles the principles of an emerging systemwide rationale. Large firms compete in cyberspace to gain control over data, and ordinary people are increasingly at the mercy of tech giants. In this new economic order, capital is moving away from production to focus on predation.
