Capitalism Technology

The respected Italian economist and journalist offers a bold and provocative argument that the speed of technological transformation is threatening our future.

In Does Capitalism Have a Future?, a global quintet of distinguished scholars cut their way through to the question of whether our capitalist system can survive in the medium run. Despite the current gloom, conventional wisdom still assumes that there is no real alternative to capitalism. The authors argue that this generalization is a mistaken outgrowth of the optimistic nineteenth-century claim that human history ascends through stages to an enlightened equilibrium of liberal capitalism.

Innovation. Meritocracy. The possibility of overnight success. What's not to love about Silicon Valley? These days, it's hard to be unambiguously optimistic about the growth-at-all-costs ethos of the tech industry. Public opinion is souring in the wake of revelations about Cambridge Analytica, Theranos, and the workplace conditions of Amazon workers or Uber drivers. It's becoming clear that the tech industry's promised "innovation" is neither sustainable nor always desirable.

From the poisoned rivers, barren wells, and clear-cut forests, to the hundreds of thousands of farmers who have committed suicide to escape punishing debt, to the hundreds of millions of people who live on less than two dollars a day, there are ghosts nearly everywhere you look in India. India is a nation of 1.2 billion, but the country's 100 richest people own assets equivalent to one-fourth of India’s gross domestic product.

In this riveting feat of reporting, Kashmir Hill uncovers the secret history of Clearview AI, a mysterious start-up selling an app that can identify you using just a blurry photo of your face. The app can find your name, your social media profiles, your friends and family – even your home address. Launched by computer engineer Hoan Ton-That and politician Richard Schwartz, and assisted by a cast of controversial characters with connections to the alt-right, this app would have society-altering potential.

In State Capitalism, Joshua Kurlantzick ranges across the world - China, Thailand, Brazil, Russia, South Africa, Turkey, and more - and argues that the increase in state capitalism across the globe has, on balance, contributed to a decline in democracy. He isolates some of the reasons for state capitalism's resurgence: the fact that globalization favors economies of scale in the most critical industries and the widespread rejection of the Washington Consensus in the face of the problems that have plagued the world economy in recent years.

The artificial intelligence revolution has begun. Today, there are self-driving cars on our streets, autonomous weapons in our armies, robot surgeons in our hospitals - and AI's presence in our lives will only increase. One thing is clear: this is a technology like no other, one that raises profound questions about freedom, justice and the very definition of human agency. In Moral AI, world-renowned researchers in artificial intelligence and philosophy, Jana Schaich Borg, Walter Sinnott-Armstrong and Vince Conitzer tackle these thorny issues head-on.

Who benefits from Universal Basic Income - and who pays for it? Learn everything you need to know about UBI in this short book!

The word capitalism is one that is heard and used frequently, but what is capitalism really all about, and what does it mean? This Very Short Introduction audiobook addresses questions such as, "what is capital?" before discussing the history and development of capitalism through several detailed case studies, ranging from the tulipomania of 17th-century Holland, the Great Depression of the 1930s, and, in this new edition, the impact of the global financial crisis that started in 2007-08.

In Capitalism Created the Climate Crisis and Capitalism Will Solve It: The Market Forces Catalyzing a Climate Technology Renaissance, distinguished author Kentaro Kawamori delivers a fascinating and timely exploration of the interplay between capitalism and climate change. He explains how the capitalist system helped to contribute to the current crisis of global warming and how that same system will help to end it.

AI and robotics, by their very nature, disrupt the foundations of capitalism, which relies on scarcity economics. These technologies promise abundance, challenging various forms of capitalism, including the free market, crony, and state-controlled models like that of China. They also undermine corrupt governments and censorship by decentralizing knowledge and empowering individuals. As this disruption unfolds, the world must engage in meaningful debate to address its implications.

What is the impact of surveillance capitalism on our right to free speech? The internet once promised to be a place of extraordinary freedom beyond the control of money or politics, but today corporations and platforms exercise more control over our ability to access information and share knowledge to a greater extent than any state. In Silicon Values, leading campaigner Jillian York looks at how our rights have become increasingly undermined by the major corporations' desire to harvest our personal data and turn it into profit.

In modern history, the story of capitalism has been a story of firms and financiers. That's all going to change thanks to the Big Data revolution. As Viktor Mayer-Schönberger, best-selling author of Big Data, and Thomas Ramge, who writes for The Economist, show, data is replacing money as the driver of market behavior. Big finance and big companies will be replaced by small groups and individual actors who make markets instead of making things: think Uber instead of Ford, or Airbnb instead of Hyatt. Will this be an age of prosperity or of calamity?

From his early years, when he was a divisive figure in the burgeoning tech industry, we see the Microsoft co-founder morph into a ruthless capitalist, only to change yet again when he fashions himself into a global do-gooder. But as Das’s revelatory reporting shows us: billionaires have secrets and philanthropy can have a dark side.

David Auerbach’s exploration of the phenomenon he has identified as the meganet begins with a simple, startling revelation: There is no hand on the tiller of some of the largest global digital forces that influence our daily lives: from corporate sites such as Facebook, Amazon, Google, YouTube, Instagram, and Reddit to the burgeoning metaverse encompassing cryptocurrencies and online gaming to government systems such as China’s Social Credit System and India’s Aadhaar.

The crisis that followed the collapse of Lehman Brothers marked the fourth systemic transformation of capitalism since the late 18th century. Capitalism was not destroyed by the crisis, but it was irrevocably changed. This provocative audiobook shows how the forces that precipitated the financial meltdown of 2007-2009 are now creating a new and stronger version of the global capitalist system. This system will continue to be led and shaped by the U.S. if its businesses and politicians play their cards well.

Every time you download a new app, open a web browser, or take an online quiz, you're generating data online - and the data is going to who owns it, not you. We are now in an era of dark surveillance fueled by the rise of surveillance capitalism. Large corporations are mining information about the consumer and their daily habits without their knowledge and turning that into profit.

Deep new rifts are tearing apart the fabric of Britain and other Western societies: thriving cities versus the provinces, the highly skilled elite versus the less educated, wealthy versus developing countries. As these divides deepen, we have lost the sense of ethical obligation to others that was crucial to the rise of post-war social democracy. So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit and the return of the far right in Germany.

Imagine a world where technology understands the human condition - a world that values relationships more than diamonds - a place where people earn a living, not from selling, but from compassion. We stand on the threshold of such a world. The door is open.

Palo Alto is nice. The weather is temperate, the people are educated, rich, healthy, enterprising. Remnants of a hippie counterculture have synthesized with high technology and big finance to produce the spiritually and materially ambitious heart of Silicon Valley. It is also a haunted toxic waste dump built on stolen Indian burial grounds, and an integral part of the capitalist world system. In Palo Alto, the first comprehensive, global history of Silicon Valley, Malcolm Harris examines how and why Northern California evolved in the particular, consequential way it did.