Marx’s<i>Capital</i>in the information age

Fuchs, Christian

doi:10.1177/0309816816678573

Cited by 18 publications

(16 citation statements)

References 32 publications

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“…Initially facilitating the increased speed and organisation of innovation, our computerised, networked era not only emerges with liquid modernity, it is now a driving force of liquid modernity. The point is not to challenge technological innovation per se but ‘the capitalist organisation of mobility’ through ‘digital capitalism’ ( Fuchs, 2017 ).…”

Section: The Liquid-modern World: Uncertain Unstable and Unfairmentioning

confidence: 99%

The role of IS in the covid-19 pandemic: A liquid-modern perspective

Doyle

Conboy

2020

International Journal of Information Management

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Highlights The pandemic and technologies are catalysing fundamental change. Introducing a selection of ‘liquid modernity’ theoretical principles. All pandemic control methods are potentially counterproductive. Big data will not order a safe path out of the pandemic crisis. Information privacy regulations are irrelevant when circumvented.

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Section: The Liquid-modern World: Uncertain Unstable and Unfairmentioning

confidence: 99%

The role of IS in the covid-19 pandemic: A liquid-modern perspective

Doyle

Conboy

2020

International Journal of Information Management

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“…The economy of the information age is highly financialized, and ICT is one of the drivers of financialization. Examples of ICT driving financialization are algorithmic trading, credit scoring algorithms, and digital crypto currencies such as Bitcoin (Fuchs, 2017). Increasingly, the locus of the global economic system has shifted from manufacturing to sales and finance both of which fall within the service sector.…”

Section: Nature Of Information Agementioning

confidence: 99%

Capital vs. Digital Labor in the Post-industrial Information Age: A Marxist Analysis

Kumar

Jena

2020

Emerging Economy Studies

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In the third millennium AD, humanity has reached the phase of the post-industrial information age. This age is characterized by the ubiquitous usage of Information and Communication Technologies (ICTs) in all aspects of social reality. ICTs are not just a tool for automation of social production but are qualitatively different from other preceding technologies. It can be understood that ICTs are situated at the cutting edge of current global capitalism. There is a danger that ICTs are enhancing capitalist consumerism by converting the “complete human being” into the “complete consumer.” ICT-enabled “telework” has changed the “political economy of the home,” so that more surplus value can be extracted. ICTs have influenced the contestation of time between capital and labor that has been happening all through the history of capitalism. “Telework” and flexible production have influenced workers’ powers of collective bargaining. There are new challenges in organizing workers in the gig economy. When the ontological roots of ICTs are situated within the neo-Marxist Habermasian framework of critical theory, its potential for human emancipation is understood. On the contrary, there is also a danger that ICTs may end up as a tool to consolidate and strengthen the existing powers of the bourgeoisie. After engaging with such issues, this article surmises that the nature of the relation between capital and labor in the post-industrial information age is qualitatively different from the earlier industrial age. Nevertheless, it concludes that the possibilities of labor getting into a more just relation with capital and in the process bring about a more equitable global social order still exists.

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“…While Bourdieu's conceptualization of "symbolic power"-that is, the "power of constructing [social] reality"-was a step in this direction, it was only loosely developed within the context of a hypermediated society (Bourdieu, 1990: 166;in Couldry, 2012: 138). It may be that field theory is adaptable to the study of communication the 21 st century-on par with the similar tradition of neo-marxian adaptations (Fuchs, 2016)-as it was for the study of journalism over the last two decades (Benson, 1999;Benson and Neveu, 2005). Indeed, this book aims, in part, to do just that.…”

Section: Mixing In Mediatizationmentioning

confidence: 99%

The Journalistic Field in a Time of Mediatization

Barnard¹

2017

Preprint

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The rise of digital technologies is having a profound impact on the practice and profession of journalism. As a consequence, scholars from a variety of disciplines have fashioned unique but complimentary perspectives to help explain the nature and significance of this transformation. Field theory is a prominent lens through which media sociologists have viewed the dynamics and transformations surrounding the practice and profession of journalism. More recently, communications scholars have developed theories of mediatization to explain the transformations brought about by the ubiquity of media throughout social life. While Pierre Bourdieu’s field theory offers a well-developed toolkit to address the dialectical relationship between structures and practices, its treatment of technology and conceptualization of the field are arguably less well suited to explain the convergent, hyper-mediated nature of contemporary social relations. By contrast, more recent theories of mediatization offer a less developed and less grandiose conceptualization of specific sociological dynamics, instead opting to shed light on the apparent emergence of a new ‘media logic’. By drawing on the most revealing aspects of each perspective, this paper searches for parity between the two through an examination of a prominent case study: the converging fields of contemporary journalism and activism as seen on Twitter. After reviewing the core components of each perspective and applying them to the case of study, the paper argues for the conceptualization of a mediatized superstructure to explain the ongoing hybridity and convergence across a variety of social fields.

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Marx’sCapitalin the information age

Cited by 18 publications

References 32 publications

The role of IS in the covid-19 pandemic: A liquid-modern perspective

The role of IS in the covid-19 pandemic: A liquid-modern perspective

Capital vs. Digital Labor in the Post-industrial Information Age: A Marxist Analysis

The Journalistic Field in a Time of Mediatization

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