Overview

In Digitalized Finance, Edemilson Parana investigates the relationship between the development of Information and Communication Technologies (ICT) and the process of financialization of economies on a global scale, particularly in Brazil. The book explains the influence of ICT in the emergence and consolidation, especially from the 1980s, of new forms of operation and management of the globalized financial system, highly connected, operated in real time with intensive use of technological features, and how these advances are related with the economic and social changes in question. It also describes how contemporary capital markets work, where the search for earnings is leveraged by sophisticated mathematical models, robots and automated trading software that seek financial gains in the milliseconds scale.

Full Product Details

9789004352421

Table of Contents

Reviews

Edemilson Parana has provided an astute and solid analysis of the role of `Information and Communication Technologies' (ICT) in the intensification and strengthening of the financialization process of the global economy...he demonstrates that, just as the machinery of the industrial revolution made the already formally existent subordination of labor to capital a reality, the untiring development of the ICTs over the past few decades, by firmly establishing the compression of the space-time that is the nature of capital, has meant the increasing and very real subordination of the logic of productive accumulation to the logic of financial accumulation... -- Leda Paulani, University of Sao Paulo Edemilson Parana offers the reader a rich overview of the impact of financial globalization...This book shows in detail how these processes take place, and how the application of the most advanced information and communication technologies have supported the rise of new ways of exploiting people, poor countries and nature, including a detailed and unique analysis of the restructuring of the relations of control and domination in Brazil. -- Alfredo Saad Filho, SOAS University of London

Author Information

Edemilson Parana, Ph.D. (2018), University of Brasilia, is a sociologist. He has published in the areas of Economic Sociology, Political Economy and Social Theory.

Tab Content 6

Customer Reviews

Recent Reviews

Countries Available