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Digital Capitalism: Networking the Global Market System Dan Schiller The MIT Press Cambridge, MA 1999 294 pp. ISBN 0-262-19417-1 $31.95
Keywords Globalization, Economic systems, Information systems, Networking
"Capitalism has always been an international system", writes the economic historian Richard B. DuBoff. But internationalization now implies an internationalizing of financial and economic flows that is far more integrated and puts new constraints on domestic policy options. This is exactly what the author discusses in detail through his book Digital Capitalism: Networking the Global Market System. He explains how the digital networks are now directly generalizing the social and cultural range of the capitalist economy as never before. The networks that collectively comprise cyberspace were originally created at the behest of government agencies, military contractors, and allied educational institutions. But of late, a growing number of these networks began to serve primarily corporate users. This shift in end-users suggested that the underlying logic of the Internet is also being transformed. Under...