Digital Political Economy and Virtual Globalization
Edited by Gillian Youngs
Routledge – 2013 – 224 pages
This work brings prime concepts together that define the world we now live in – virtuality and globalization – to explain the nature of digital political economy. Its central focus is the interconnected exploration of the theoretically rich fields of virtuality and globalization studies to produce a unique and accessible synthesis across them, drawing on concrete examples from around the world and statistics throughout, to illustrate how key changes are currently taking place.
Youngs argues it is only through a thorough understanding of virtuality and globalization that current and future political economy can be fully understood. Political, economic, cultural and technical processes that are part of both phenomena are now integral to state/market linkages and structures of production and consumption. While growing mobility and cross-border communication has historically been a factor of geospatial realities, virtual connections have taken these possibilities into a whole new realm, and, it can be argued, added to liberal ideologies of free flow and exchange (political, economic and cultural).
Key issues addressed include the mediated nature of finance and knowledge thanks to ICTs and the virtual interconnections, spaces and relations they are enabling. Youngs takes up questions of time and speed, mobility and boundary-crossing, as influential in our interpretation of finance and knowledge, drawing on the case of the on-going credit crunch.
The book provides a new context for thinking about the range of ICTs (through computing, communication and mobile devices) as integrated parts of the changing world we now live in and, importantly, the symbolic as well as material environments that shape it.
Section I: Virtual Shifts in the Political 1. Digital Sovereignty: Mediation and Power 2. Post Geospatial Realities and Globalization 3. East/West Meets Virtual Dynamics Section II: Virtual Shifts in the Economic 4. Digital and Market Incorporation 5. Virtual Neoliberalism and its ‘Other’ 6. Networked Globalization: Real or Imagined? Section III: Virtual Globalization from Above and Below 7. The Virtualization of Life 8. Beyond Embodied Political Economy 9.. Digital Political Economy: Towards a New Future
Gillian Youngs is Professor of Digital Economy and has been researching diverse aspects of the internet's impact on society and economy for 15 years developing out of her early focus on globalisation. She has given invited keynote and guest papers internationally in the US, China, South Korea, Turkey, Hungary, Germany, Holland, Spain, Austria, Tanzania, and presented over 70 conference and workshop papers at national and international conferences.