A MULTIDISCIPLINARY ASSESSMENT OF CYBER CAPITALISM AS A NEW MODE OF PRODUCTION

Authors : Ahmet EFE

Pages : 1-19

Doi:10.58202/joecopol.1190942

View : 51 | Download : 78

Publication Date : 2023-07-15

Article Type : Review Paper

Abstract :This study investigates the theme that Cyber capitalism has an accelerating effect on the genetic relationship between capitalism and crisis and its possible impacts on developing economies at the intersection of innovative technology, digital culture, and neoliberal paradigms. Due to cutting-edge digital transformations, IoT electronic devices, the internet, mobile phones, etc., can always be kept in an accessible, visual, and controllable medium altogether to consumers, employees, and people. On the other hand, cyber-capitalism substitutes the market\`s priorities for society\`s priorities, trust, accuracy, stability, etc., that keep the community together and hold religious and moral values. As a result, being open to continuous change, inability to adapt to new situations, insecurity, and anxiety negatively affect established moral values and principles. It is argued that cyber-capitalism, with its premises of industry 4.0 on the one hand, replaces new production relation networks in flexible production environments with technological possibilities of artificial intelligence insert ignore into journalissuearticles values(AI); and mixed virtual reality insert ignore into journalissuearticles values(VR);.
Keywords : Siber kapitalizm, üretim tarzı, endüstri 4 0, sermaye birikimi, dijital varlıklar