Digital Capitalism: Networking the Global Market System

Dan Schiller, Author MIT Press (MA) $45 (320p) ISBN 978-0-262-19417-4
""In the 1980s capitalism triumphed over communism. In the 1990s it triumphed over democracy and the market economy."" So begins The Post-Corporate World: Life After Capitalism, the latest salvo from David C. Korten (When Corporations Rule the World). In four sections of three or four chapters each, Korten lays out how it happened and what we can do about it, using model communities that have already begun to ""treat money as a facilitator, not the purpose, of our economic lives."" 25,000 first printing. (Berrett-Koehler and Kumarian, co-publishers, $27.95 300p ISBN 1-57675-051-5; Mar.) Can the Net really foster, as in Bill Gates's phrase, ""friction-free capitalism""? How about ""robust direct democracy""? In Digital Capitalism: Networking the Global Marketing System, Dan Schiller, professor of communications at UC-San Diego, turns a skeptic's eye to the screen. After reviewing how Internet technology differs from previous forms of telecommunication (and how a ""Neoliberal"" agenda drove its development), Schiller examines its ever-closer ties with commerce and prognostications for educational revolution. His conclusion: ""Digital capitalism has strengthened, rather than banished, the ago-old scourges of the market system: inequality and domination."" (MIT, $29.95 320p ISBN 0-262-19417-1; Apr.) Oxford professor of politics John Gray has been an acknowledged influence on Margaret Thatcher, and his writings were appropriated by Britain's New Right. It was thus astonishing to U.K. readers that, in False Dawn: The Delusions of Global Capitalism, Gray does an about-face and argues against a market untethered to cultural foundations within particular societies. Updated with a chapter on the controversy it sparked on its U.K. release, the American version further stresses the all-too-apparent instability of global markets. (New Press, $25 272p ISBN 1-56584-521-8; Apr.)
Reviewed on: 03/01/1999
Release date: 03/01/1999
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Paperback - 320 pages - 978-0-262-69233-5
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