On how digital information is used by corporations to increase profit


“ A new form of capitalism has emerged on the Internet, variously referred to as informational capitalism, digital capitalism, or surveillance capitalism. Personal information is the lifeblood of the new economy: companies collect the users’ data to sell it to advertisers and generate revenue. The more companies know about individuals, the better they can target their advertisements, boost their conversion rates, and rake in profits ”

Samuel Earle, ‘Capitalism vs. Privacy’, Jacobin Magazine


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s