Thus, for example, sites on the Internet that users visit individually can, when
taken together, rise to the top when links are analyzed by algorithms such as those
used by Google. More dramatically, as in the Arab Spring, powerless individuals
can come together, via Facebook and Twitter, for example, and form a powerful
revolutionary group.
Baudrillard (1983/1990: 59) is also concerned with the obscene where everything
is made visible, broadcast, and so forth. He describes the society of his day as
involving “the rampant obscenity of uninterrupted social commentary”. He also
discusses “the pornography of information and communication” (Baudrillard/1990:
69) where we are “buried alive under information” (Baudrillard, 1980-1985: 90).
If Baudrillard took that position three decades ago, imagine his reaction to the
Internet world of the second decade of the 21st century.
Baudrillard’s most important anticipation of the current reality lies in his notion
of symbolic exchange which involves the general and reversible processes of
“taking and returning, giving and receiving…[the] cycle of gifts and countergifts”
(Baudrillard, 1976/1993: 136). Many observers have described Web 2.0 in
similar terms including Tapscott and Williams (2006) who discuss the culture of
generosity that exists in that context. Baudrillard anticipates the world of the free
(Anderson, 2009) that has been created on the Internet, especially Web 2.0. In that
free domain, we do see something approaching a world dominated by symbolic
exchange. Those involved offer gifts—additions to a Wikipedia entry, sharing a
file, adding code to Linux, etc.—and in return they receive various gifts including
the knowledge Wikipedia has to offer, files from others, and the use of Linux.
This symbolic exchange also has another of the characteristics Baudrillard
associates with it- reciprocity on the Internet is not limited to a specific exchange
of goods, but is rather continuous and unlimited.
The postmodern ideas employed here, and many others, are ideally suited to
an analysis of the Internet and Web 2.0. In fact, in many cases they seem to be
more applicable today than they did when they were first created decades ago.
In many ways, at least some of the postmodern social theorists can be said to have
anticipated today’s (and even more tomorrow’s) realities and provided us a toolkit
full of concepts to analyze that world.
Of course, we should not be satisfied with extant concepts, but rather we should
use them in interaction with the new realities to create a much broader set of
concepts and theories that will not only help us today, but will, hopefully, put
us in a better position to analyze coming changes on the Internet and in social
networking.
Postmodern Theory and Internet ……………………………………………….……………… George Ritzer
https://georgeritzer.wordpress.com/2012/11/13/postmodern-theory-and-internet/
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Capitalism is making way for the age of free
Jeremy Rifkin
Karl Marx spent a lifetime trying to uncover what he suspected were the deep
contradictions that drove the capitalist system forward but that would one day
lead to its demise. Although his search revealed a number of important ancillary
contradictions, his focus on the relationship between the means of production,
surplus value and alienated labour kept him from unmasking an even deeper
paradox at the heart of the system.
In a capitalist market, governed by the invisible hand of supply and demand,
sellers are constantly searching for new technologies to increase productivity,
allowing them to reduce the costs of producing their goods and services so
they can sell them cheaper than their competitors, win over consumers and
secure sufficient profit for their investors. Marx never asked what might happen
if intense global competition some time in the future forced entrepreneurs to
introduce ever more efficient technologies, accelerating productivity to the
point where the marginal cost of production approached zero, making goods
and services “priceless” and potentially free, putting an end to profit and
rendering the market exchange economy obsolete. But that’s now beginning
to happen.
Over the past decade millions of consumers have become prosumers, producing
and sharing music, videos, news, and knowledge at near-zero marginal cost and
nearly for free, shrinking revenues in the music, newspaper and book-publishing
industries.
Some of the US’s leading economists are waking up to the paradox. Lawrence
Summers, former US treasury secretary, and J Bradford DeLong, professor of
economics at the University of California, Berkeley, addressed this in August
2001, in a speech delivered before the Federal Reserve Bank of Kansas City.
Summers and DeLong focused their presentation on the new communication
technologies that were already reducing the marginal (per-unit) cost of
producing and sending information goods to near zero.
They began by acknowledging that “the most basic condition for economic
efficiency: [is] that price equal marginal cost”, and further conceded that “with
information goods the social marginal cost of distribution is close to zero”.
They then went to the crux of the problem. “If information goods are to be
Capitalism is making way for the age of free ………………………………………………… Jeremy Rifkin
http://www.theguardian.com/commentisfree/2014/mar/31/capitalism-age-of-free-internet-of-things-economic-shift#comments
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