Since the 1970s, we witness an economic transition toward what Dan Schiller (1999) called “digital capitalism”. While industrial capitalism relied on human workforce, industrial capital and mass production, the main resource of digital capitalism is information. Data and algorithms are generated and used to optimize capitalist production and to adapt to consumers wishes (or vice versa). In the process of digitization, large parts of production, distribution and consumption are transferred to platforms. Furthermore, machines are less standardized and more flexible through artificial intelligence (machine learning), new networks within and between companies optimize production cycles, and the use of microprocessors allow new forms of self-controlling, self-monitoring and surveillance.
The seminar will provide an introduction into the concept of digital capitalism and discuss how production, markets, organizations and work change in the process of digitization. We will read theoretical texts on the so-called third (or fourth) industrial revolution and the network society as well as empirical studies on the platform economy, the power of algorithms and the transformation of employment and work organization.
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Update 06.04.2020:
Course starts on April 21st, 2-4 pm via video-conference (see information in 'Lernraum')
Zu dieser Veranstaltung existiert ein Lernraum im E-Learning System. Lehrende können dort Materialien zu dieser Lehrveranstaltung bereitstellen: