Title Net loss : Internet prophets, private profits, and the costs to community / Nathan Newman

Published University Park, Pa. : Pennsylvania State University Press, ©2002

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Description 1 online resource (xxi, 399 pages) Series Book collections on Project MUSE UPCC book collections on Project MUSE. Archive Political Science and Policy Studies Foundation Contents Introduction -- How the federal government created the Internet, and how the Internet is threatened by the government's withdrawal -- Federal spending and the regionalizing of technology development -- Business cooperation and the business politics of regions in the information age -- Banks, electricity, and phones : technology, regional decline, and the marketization of fixed capital -- Local government up for bid : Internet taxes, economic development, and public information -- Conclusion : the death of community economics, or think locally, act globally Summary How has the Internet been changing our lives, and how did these changes come about? Nathan Newman seeks the answers to these questions by studying the emergence of the Internet economy in Silicon Valley and the transformation of power relations it has brought about in our new information age. Net Loss is his effort to understand why technological innovation and growth have been accompanied by increasing economic inequality and a sense of political powerlessness among large sectors of the population. Newman first tells the story of the federal government's crucial role in the early development of the Internet, with the promotion of open computer standards and collaborative business practices that became the driving force of the Silicon Valley model. He then examines the complex dynamic of the process whereby regional economies have been changing as business alliances built around industries like the Internet replace the broader public investments that fueled regional growth in the past. A radical restructuring of once regionally focused industries like banking, electric utilities, and telephone companies is under way, with changes in federal regulation helping to undermine regional planning and the power of local community actors. The rise of global Internet commerce itself contributes to weakening the tax base of local governments, even as these governments increasingly use networked technology to market themselves and their citizens to global business, usually at the expense of all but their most elite residents. More optimistically, Newman sees an emerging countertrend of global use of the Internet by grassroots organizations, such as those in the antiglobalization movements, that may help to transcend this local powerlessness Bibliography Includes bibliographical references (pages 353-379) and index Notes Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL Print version record SUBJECT USA Government gnd Atarazanas Valencia gnd Subject Internet industry -- Government policy -- United States Internet -- Government policy -- United States Industrial promotion -- United States -- Regional disparities -- Case studies Computer industry -- California -- Santa Clara Valley (Santa Clara County) Computer industry -- Developing countries International division of labor. Globalization -- Economic aspects -- United States Internet industry. Internet. Industrial promotion. Computer industry. Internet Internet. globalism. BUSINESS & ECONOMICS. Economic History. BUSINESS & ECONOMICS -- Industries -- Computer Industry. BUSINESS & ECONOMICS -- Economic History. BUSINESS & ECONOMICS / Economic History Internet industry Internet Industrial promotion Computer industry Economic history -- Regional disparities Globalization -- Economic aspects International division of labor Internet -- Government policy Computerindustrie Elektronische Medien Globalisierung Politische Steuerung Rechnernetz Technischer Fortschritt Technologiepolitik Internet SUBJECT United States -- Economic conditions -- 1981- -- Regional disparities United States -- Economic conditions -- 1981-2001 -- Regional disparities Subject California -- Santa Clara Valley (Santa Clara County) Developing countries United States USA Silicon Valley Genre/Form Case studies Case studies. Études de cas. Form Electronic book LC no. 2001053633 ISBN 0271031298 9780271031293 9780271054407 0271054409 9780271076867 0271076860 9780271052748 0271052740

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