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Digital DepressionInformation Technology and Economic Crisis$
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Dan Schiller

Print publication date: 2014

Print ISBN-13: 9780252038761

Published to Illinois Scholarship Online: April 2017

DOI: 10.5406/illinois/9780252038761.001.0001

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From Geopolitics to Social and Political Struggle

From Geopolitics to Social and Political Struggle

(p.229) Chapter 15 From Geopolitics to Social and Political Struggle
Digital Depression

Dan Schiller

University of Illinois Press

This chapter examines some of the larger forces that propelled digital capitalism into what was evidently a fraught future. It first considers how the historical movement of the political economy is shaped both within and beyond a top-down, state-oriented geopolitics before discussing how the onset of the digital depression brought changes to the interstate system, indicative of altering political–economic relations. It then describes attempts by numerous states to multilateralize control of U.S.-centric internet in relation to structural changes in the interstate system and to competing efforts to regenerate the political economy in ways that might capture an outsized share of overall profits for specific units of capital and particular fractions of the capitalist class. It also explains the concept of accumulation by dispossession and concludes with suggestions for resolving the digital depression on terms favorable to capital.

Keywords:   digital capitalism, political economy, geopolitics, digital depression, interstate system, political–economic relations, U.S.-centric internet, capital, capitalist class, accumulation by dispossession

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