Capitalism in the Information Age

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Capitalism in the Information Age,” (co-edited with Robert McChesney and Ellen Meiksins Wood (Foster listed third) (New York: Monthly Review Press, 1998), 254 pp.
 Expanded version of July-August 1996 issue of Monthly Review. (Contains one essay co-authored by Foster.)

Not a day goes by that we don’t see a news clip, hear a radio report, or read an article heralding the miraculous new technologies of the information age. The communication revolution associated with these technologies is often heralded as the key to a new age of “globalization.” How is all of this reshaping the labor force, transforming communications, changing the potential for democracy, and altering the course of history itself? Capitalism and the Information Age presents a rigorous examination of some of the most crucial problems and possibilities of these novel technologies. Taken together, the essays reveal how the new information technologies have been grafted onto a global capitalist system characterized by vast and growing inequality, economic stagnation, market saturation, financial instability, urban crisis, social polarization, graded access to information, and economic degradation.


  • Indian edition, (Kharagpur, India: Cornerstone Publications, 1998).
  • Turkish translation, (Ankara: EPOS, 2003).
  • Vietnamese translation, Hanoi, May 2001.

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