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The algorithm and its discontents

LONDON — In a new lawsuit in the United States against Meta, 41 states and the District of Columbia argue that two of the company’s social-media products, Instagram and Facebook, are not just addictive but detrimental to children’s well-being. Meta is accused of engaging in a “scheme to exploit young users for profit”, including by showing harmful content that keeps them glued
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India has a good shot at slowly ascending global value chains

Indias success story in mobile phone exports needs to be viewed as the first step in acquiring a deeper supply chain ecosystem, rather than mere assembly. Densification of supply chains needs to be promoted through easing domestic constraints on manufacturing, rather than trade barriers. Chinas success in moving up the global value chain by building forward and backward linkages within the country, offers valuable lessons for India.
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Monthly Review | The Political Economy of the U.S.-China Technology War

China Daily, August 15, 2020. Junfu Zhao is a PhD candidate in economics at the University of Utah. Zhao can be reached at junfu.zhao [at] utah.edu. The author thanks Rudiger von Arnim, Minqi Li, and Han Cheng for their helpful comments. Following the Donald Trump administration’s publication of its 2017 National Security Strategy and 2018 National Defense Strategy that designated China as a strategic competitor, the tensions between the United States and China have been heightened, encompa...
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Monthly Review | The Contagion of Capital

John Bellamy Foster is the editor of Monthly Review and a professor of sociology at the University of Oregon. R. Jamil Jonna is associate editor for communications and production at Monthly Review. Brett Clark is associate editor of Monthly Review and a professor of sociology at the University of Utah. The authors thank John Mage, Craig Medlen, and Fred Magdoff for their assistance. The U.S. economy and society at the start of 2021 is more polarized than it has been at any point since the Ci...
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