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Hypercapitalism : new media, language and social perceptions of value

Graham, Philip W. (2005) Hypercapitalism : new media, language and social perceptions of value. Digital Formations. Peter Lang, United States of America, New York.

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Abstract

The purpose of this book is twofold: it is a critique of political economic thought in the context of an emergent global knowledge economy and describes a a method, based in systemic functional language analysis, for identifying important changes in social perceptions of value. The relationships that give these coherence are as follows. The widely heralded emergence of a knowledge economy indicates that more intimate aspects of human activity have become exposed to commodification on a massive scale, specifically, activities associated with thought, language, and social relatedness. Correspondingly, more abstract forms of value have developed as the products of thinking and meaning have become dominant sources of commodities. These trends rely upon new media, and are defining features of hypercapitalism, a political economic system in which products of the most intimate aspects of human activity can be technologized, alienated, and sold as commodities.

Impact and interest:

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ID Code: 8915
Item Type: Book
Keywords: Language, new media, technology, media history, discourse analysis, dialectics
ISBN: 0820462179
Subjects: Australian and New Zealand Standard Research Classification > ECONOMICS (140000) > APPLIED ECONOMICS (140200) > Public Economics- Public Choice (140213)
Divisions: Current > QUT Faculties and Divisions > Creative Industries Faculty
Past > Institutes > Institute for Creative Industries and Innovation
Copyright Owner: Copyright 2005 Peter Lang
Deposited On: 07 Aug 2007
Last Modified: 29 Feb 2012 23:23

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