The Stack as an Integrative Model of Global Capitalism
This article investigates recent transformations in global capitalism’s political economy as it relates to the evolution of globally integrated production and exchange apparatuses, such as platforms, enabled through technological advances in computational infrastructures. These infrastructures are e...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Paderborn University: Media Systems and Media Organisation Research Group
2022-07-01
|
| Series: | tripleC: Communication, Capitalism & Critique |
| Subjects: | |
| Online Access: | https://www.triple-c.at/index.php/tripleC/article/view/1343 |
| _version_ | 1797761037069451264 |
|---|---|
| author | Lukáš Likavčan Manuel Scholz-Wäckerle |
| author_facet | Lukáš Likavčan Manuel Scholz-Wäckerle |
| author_sort | Lukáš Likavčan |
| collection | DOAJ |
| description | This article investigates recent transformations in global capitalism’s political economy as it relates to the evolution of globally integrated production and exchange apparatuses, such as platforms, enabled through technological advances in computational infrastructures. These infrastructures are explicable in terms of the model of the Stack, understood as an accidental mega-structure of the contemporary platform economy that is integrating previously detached circulation and accumulation structures. The Stack is introduced as an integrative model of a multi-layered political economic system that allows us to understand and explain recent developments in global capitalism. Focus is thereby given to intensified real abstraction of labour induced by the capitalist appropriation of planetary-scale computation, and the associated rise of platform sovereignty in opposition to the traditional sovereignties of states and markets. Building on the model of the Stack, we set in relation different perspectives on recent capitalist development in terms of planetary-scale computation: transnational informational capitalism, cognitive capitalism, intellectual monopoly capitalism and techno-feudalism. Thereby we highlight aspects of value creation as well as rent-seeking through the model of the Stack. |
| first_indexed | 2024-03-12T19:07:10Z |
| format | Article |
| id | doaj.art-639657dcffeb4a1fada50e326204fe9d |
| institution | Directory Open Access Journal |
| issn | 1726-670X |
| language | English |
| last_indexed | 2024-03-12T19:07:10Z |
| publishDate | 2022-07-01 |
| publisher | Paderborn University: Media Systems and Media Organisation Research Group |
| record_format | Article |
| series | tripleC: Communication, Capitalism & Critique |
| spelling | doaj.art-639657dcffeb4a1fada50e326204fe9d2023-08-02T06:08:03ZengPaderborn University: Media Systems and Media Organisation Research GrouptripleC: Communication, Capitalism & Critique1726-670X2022-07-0120214716210.31269/triplec.v20i2.13431343The Stack as an Integrative Model of Global CapitalismLukáš LikavčanManuel Scholz-WäckerleThis article investigates recent transformations in global capitalism’s political economy as it relates to the evolution of globally integrated production and exchange apparatuses, such as platforms, enabled through technological advances in computational infrastructures. These infrastructures are explicable in terms of the model of the Stack, understood as an accidental mega-structure of the contemporary platform economy that is integrating previously detached circulation and accumulation structures. The Stack is introduced as an integrative model of a multi-layered political economic system that allows us to understand and explain recent developments in global capitalism. Focus is thereby given to intensified real abstraction of labour induced by the capitalist appropriation of planetary-scale computation, and the associated rise of platform sovereignty in opposition to the traditional sovereignties of states and markets. Building on the model of the Stack, we set in relation different perspectives on recent capitalist development in terms of planetary-scale computation: transnational informational capitalism, cognitive capitalism, intellectual monopoly capitalism and techno-feudalism. Thereby we highlight aspects of value creation as well as rent-seeking through the model of the Stack.https://www.triple-c.at/index.php/tripleC/article/view/1343global capitalismthe stackplanetary-scale computationsystemic cycles of accumulationreal abstractionrent vs profit |
| spellingShingle | Lukáš Likavčan Manuel Scholz-Wäckerle The Stack as an Integrative Model of Global Capitalism tripleC: Communication, Capitalism & Critique global capitalism the stack planetary-scale computation systemic cycles of accumulation real abstraction rent vs profit |
| title | The Stack as an Integrative Model of Global Capitalism |
| title_full | The Stack as an Integrative Model of Global Capitalism |
| title_fullStr | The Stack as an Integrative Model of Global Capitalism |
| title_full_unstemmed | The Stack as an Integrative Model of Global Capitalism |
| title_short | The Stack as an Integrative Model of Global Capitalism |
| title_sort | stack as an integrative model of global capitalism |
| topic | global capitalism the stack planetary-scale computation systemic cycles of accumulation real abstraction rent vs profit |
| url | https://www.triple-c.at/index.php/tripleC/article/view/1343 |
| work_keys_str_mv | AT lukaslikavcan thestackasanintegrativemodelofglobalcapitalism AT manuelscholzwackerle thestackasanintegrativemodelofglobalcapitalism AT lukaslikavcan stackasanintegrativemodelofglobalcapitalism AT manuelscholzwackerle stackasanintegrativemodelofglobalcapitalism |