Technocapitalism

Technocapitalism refers to a contemporary economic and social system characterized by the dominance of technology-driven capital, where technological innovation becomes a central component of economic growth and wealth accumulation. This term encapsulates the interplay between technology and capitalism, highlighting how advancements in technology influence economic structures, labor markets, and social relations. A significant aspect of technocapitalism is the rise of the intangible economy, which is marked by the increasing importance of non-physical assets such as intellectual property, brand value, and digital services. This shift has led to new forms of economic centralization, where a few tech giants dominate markets due to their ability to scale rapidly and leverage synergies across different sectors.[1][2][3][4][5][6]

  1. ^ Suarez-Villa, Luis (2001). "The Rise of Technocapitalism". Science & Technology Studies. 14 (2): 4–20. doi:10.23987/sts.55133.
  2. ^ Suarez-Villa, Luis (2003). "The E-economy and the Rise of Technocapitalism: Networks, Firms, and Transportation". Growth and Change. 34 (4): 390–414. doi:10.1046/j.0017-4815.2003.00227.x.
  3. ^ Stubbs, Alec (2020). "Technocapitalism, the Intangible Economy, and Economic Centralization". Perspectives on Global Development and Technology. 19 (1–2): 32–44. doi:10.1163/15691497-12341538.
  4. ^ Haskel, Jonathan (2018). Capitalism without Capital: The rise of the Intangible Economy. Princeton: Princeton University Press. ISBN 9780691175034.
  5. ^ Suarez-Villa, Luis (2012). Technocapitalism: A Critical Perspective on Technological Innovation and Corporatism. Philadelphia: Temple University Press. ISBN 9781439900437.
  6. ^ Suarez-Villa, Luis (2016). Globalization and technocapitalism: The Political Economy of Corporate Power and Technological Domination. London: Routledge. ISBN 9781315585123.

Technocapitalism

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