INFORMATION, CAPITALISM AND UNCERTAINTY

Abstract

This article argues that the changes characterized by many commentators as announcing the ‘information age’ are better seen, not as heralding a new type of society, but as the continuation, consolidation and extension of capitalism – something which is accompanied by constant upheaval and innovation. The shift from conceiving the ‘information society’ as a result of technological breakthroughs to one which lays emphasis on the primacy of ‘information’ itself is observed. The importance especially of informational labour’s ‘flexibility’ is regarded, not as indicative of a new age but of the requirements of globalized capitalism which engenders change the better to consolidate its practices. The instability of life today is ascribed, not to the upheavals resulting from the ‘information revolution’, but rather to the insatiable dynamic that has long been a distinguishing feature of capitalist enterprise. These processes are examined in terms of the shift from public to private provision of information and in the heightened uncertainty of existence today.

Keywords:

• Information Age
• Capitalism
• Uncertainty
• Instability
• Public To Private
• Migration
• Fundamentalism