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About this item
Highlights
- The promise of the New Economy gone, we have regressed into the age of techno-feudalism The rise of the IT industry in the nineties promised a new era of freedom and prosperity.
- About the Author: Cédric Durand is Professor of Political Economy at the University of Geneva and a member of the Centre d'économie Paris Nord.
- 256 Pages
- Political Science, Public Policy
Description
Book Synopsis
The promise of the New Economy gone, we have regressed into the age of techno-feudalism The rise of the IT industry in the nineties promised a new era of freedom and prosperity. It didn't deliver. Certainly, algorithms are everywhere, but capitalism is no more civilised than ever. In fact, in the hands of private corporations, the digitalisation of the world drives us towards a darker future. The return of monopolies, the dominance of a few platforms, the blurred distinction between the economic and the political all epitomise a systemic mutation. Information and data networks push the digital economy in the direction of the feudal logic of rent, dispossession, and personal domination. How Silicon Valley Unleashed Techno-feudalism offers a fresh genealogy of the Silicon Valley consensus and its contradictions. It disentangles the principles of an emerging systemwide rationale. Large firms compete in cyberspace to gain control over data, and ordinary people are increasingly at the mercy of tech giants. In this new economic order, capital is moving away from production to focus on predation.About the Author
Cédric Durand is Professor of Political Economy at the University of Geneva and a member of the Centre d'économie Paris Nord. He is the author of Fictitious Capital. How Finance Appropriates Our Future. He is a regular contributor to the online journal Contretemps and to Sidecar, the blog of the New Left Review.Dimensions (Overall): 7.8 Inches (H) x 5.08 Inches (W)
Weight: .81 Pounds
Suggested Age: 22 Years and Up
Sub-Genre: Public Policy
Genre: Political Science
Number of Pages: 256
Publisher: Verso
Theme: Science & Technology Policy
Format: Paperback
Author: Cédric Durand
Language: English
Street Date: October 21, 2025
TCIN: 1001815644
UPC: 9781804294390
Item Number (DPCI): 247-47-5556
Origin: Made in the USA or Imported
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Shipping details
Estimated ship dimensions: 1 inches length x 5.08 inches width x 7.8 inches height
Estimated ship weight: 0.81 pounds
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