The critique of digital capitalism : an analysis of the political economy of digital culture and technology / Michael Betancourt.

Anything that can be automated, will be. The "magic" that digital technology has brought us -- self-driving cars, Bitcoin, high frequency trading, the internet of things, social networking, mass surveillance, the 2009 housing bubble -- has not been considered from an ideological perspectiv...

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Bibliographic Details
Main Author: Betancourt, Michael, 1970- (Author)
Format: Ebook
Language:English
Published: Brooklyn, NY : punctum books, [2015]
Subjects:
Online Access:JSTOR Open Access
Description
Summary:Anything that can be automated, will be. The "magic" that digital technology has brought us -- self-driving cars, Bitcoin, high frequency trading, the internet of things, social networking, mass surveillance, the 2009 housing bubble -- has not been considered from an ideological perspective. The Critique of Digital Capitalism identifies how digital technology has captured contemporary society in a reification of capitalist priorities, and also describes digital capitalism as an ideologically "invisible" framework that is realized in technology. Written as a series of articles between 2003 and 2015, the book provides a broad critical scope for understanding the inherent demands of capitalist protocols for expansion without constraint (regardless of social, legal or ethical limits) that are increasingly being realized as autonomous systems that are no longer dependent on human labor or oversight and implemented without social discussion of their impacts. The digital illusion of infinite resources, infinite production, and no costs appears as an "end to scarcity," whereby digital production supposedly eliminates costs and makes everything equally available to everyone. This fantasy of production without consumption hides the physical costs and real-world impacts of these technologies. The critique introduced in this book develops from basic questions about how digital technologies directly change the structure of society: why is "Digital Rights Management" not only the dominant "solution" for distributing digital information, but also the only option being considered? During the burst of the "Housing Bubble" burst 2009, why were the immaterial commodities being traded of primary concern, but the actual physical assets and the impacts on the people living in them generally ignored? How do surveillance (pervasive monitoring) and agnotology (culturally induced ignorance or doubt, particularly the publication of inaccurate or misleading scientific data) coincide as mutually reinforcing technologies of control and restraint? If technology makes the assumptions of its society manifest as instrumentality -- then what ideology is being realized in the form of the digital computer? This final question animates the critical framework this analysis proposes.
Physical Description:1 online resource (xi, 236 pages) : illustrations
Bibliography:Includes bibliographical references.
ISBN:0692598448
9780692598443
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