Rethinking Capitalism in the Age of digitalization: Analysis on the Basis of Digital Labor Theory
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Abstract
This article discusses the changes of capitalism in the era of digitalization, including factors of production, digital markets, capital forms, and the scope of capital exploitation, arguing that despite the specificity of digital commodities, companies dealing with such products have managed to gain control of the market, they have done so on the basis of the exploitation of human labor. The core forces of capitalist exploitation, commodification, and inequality, rather than being mitigated, are growing and accelerating in the development of a networked and digital political economy, concluding that digitalization is an extension of capitalist hegemony.
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References
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