Annenberg Research Seminar - Dan Schiller, University of Illinois, at Urbana Champaign

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Uploaded by on Mar 11, 2011

Feb. 28, 2011: Annenberg Research Seminar - Dan Schiller, University of Illinois, at Urbana Champaign

Please join students and faculty for a presentation by Dan Schiller, professor of library & information science and professor of communication, University of Illinois at Urbana-Champaign. His topic: "Power Under Pressure: Digital Capitalism and the Financial-Economic Crisis." From Dr Schiller: "Massive and sustained corporate investment around ICTs developed in response to the economic downturn of the 1970s, within a multifaceted attempt to renew profitable growth. Five core components of this encompassing response were financialization, militarization, wage repression, transnationalization and accelerated commodification. Yet these axes of a developing digital capitalism eventually converged on a new and deeper financial-economic crisis. May we expect this sector to reprise its earlier role in renewing the accumulation process? How may geopolitical-economic forces be rebalanced?"

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