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The Second Empire Of Speed: Networked Society

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Chapter Summary

The network society is the speed society par excellence. It takes capitalism up to a new level of technological sophistication and global domination. Digital capitalism represents a new form of production and consumption that is based upon flexibility and adaptability and what Castells sees as a new form of social organization 'aimed at the suppression of space and the annihilation of time'. This chapter looks at the dynamics of this networked society. It considers what precisely drives it and what the economic and social effects are. Digital networks incorporate individuals, institutions and organizations into a specific logic that takes them out of the abstract space and time of the clock. Related to the drive by digital networks to 'enable' and transform almost any process or application in the economy, and in culture and society more generally, is the underlying need for capital to constantly expand.

Keywords: digital capitalism; digital networks; network society; social organization



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