Digital Depression - 9780252080326

Digital DepressionInformation Technology and Economic Crisis\nAuthor(s): Dan Schiller\nFormat: Paperback\nPublisher: University of Illinois Press, United States\nImprint: University of Illinois Press\nISBN-13: 9780252080326, 978-0252080326\nSynopsis\nThe financial crisis of [tel] shook the idea that advanced information and communications technologies (ICTs) as solely a source of economic rejuvenation and uplift, instead introducing the world to the once-unthinkable idea of a technological revolution wrapped inside an economic collapse. In Digital Depression, Dan Schiller delves into the ways networked systems and ICTs have transformed global capitalism during the so-called Great Recession. He focuses on capitalism's crisis tendencies to confront the contradictory matrix of a technological revolution and economic stagnation making up the current political economy and demonstrates digital technology's central role in the global political economy. As he shows, the forces at the core of.