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Monthly Review | Towards postcapitalist tech (Beyond Digital Capitalism reviewed in 'Science and Society')

The book ends with a broad literature review on our possible postcapitalist future by Greg Albo. This concluding chapter and the rest of the book offer the…

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Monthly Review | Leo Panitch's last Socialist Register: "Beyond Digital Capitalism" (Marx and Philosophy Review of Books)

“Completed ‘under the difficult conditions created by the pandemic’ (xiii) the 2020 edition of the
Socialist Register seeks to ‘analyze the nature of digital capitalism and its contradictions’ (ix), doing so ‘within the history of technological change’ (x). In selecting this topic, the late Leo Panitch and Greg Albo’s goal was to highlight the extent to which ‘digital technology has become integral to capitalist market dystopia’ (ix), a necessary task given the prevalence of ‘cyber-utopian’ (ix) and ‘techno determinist’ (x) thought in the public and private realms. This kind of ‘celebrant’ ideology, which Robert McChesney (2013) outlined so well recently, provides a social license for centi-billionaires like Elon Musk, Bill Gates and Jeff Bezos to continue to have a disproportionate say in directing investments, allocating resources and setting the terms of production. In laying out this agenda, Panitch and Albo rightly place greater emphasis on ‘capitalism’ than the adjectival ‘digital’, effectively suggesting that regardless of the various affordances platforms, algorithms and code may provide, in the first instance they are shaped by the imperatives of capital. Theirs is a welcome addition of materialist and class analysis to the general literature within Science and Technology Studies through demonstrating how digitalization is used to expand and deepen capitalist social relations….

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