-----Original Message-----
From: Jim Devine [mailto:[EMAIL PROTECTED]]
Sent: Tuesday, June 22, 1999 10:05 AM
To: [EMAIL PROTECTED]
Subject: [PEN-L:8170] Re: Re: information revolution?


Rod Hay wrote:
>The real question of "Info Revolution" is not wheither it generates an 
>accelerated growth rate for a few years, but wheither it changes the 
>relations of production, or social relations. I think there is some
evidence 
>in favour but that it is inconclusive. And certainly is something that can 
>only be judged in a longer time frame.

I should stress that I don't see the InfoRev, if it is indeed happening, as
an unmixed blessing. If it raises labor productivity, it could simply boost
profits, causing a steep rise in the profit rate of the sort that hit the
US in the 1920s, which made the economy ripe for a fall. (The 1920s were a
period of a previous technical revolution, indicated by a "kink" in
labor-productivity data in about 1919, with productivity growing faster
afterwards, all the way into the 1960s.) 

Also, the change in social relations due to an InfoRev could easily be bad
for workers, given the current weakness of labor and thus its inability to
mold the rev. to serve its interest (at least in the US).

Jim Devine [EMAIL PROTECTED] &
http://clawww.lmu.edu/Faculty/JDevine/jdevine.html

Plus, possible "info overload" and lost productivity due to scanning porn
sites, sending jokes etc while at work. You all know that my employer Clark
College (actually the State of Washington) has summarily ruled that my
missives (much more infrequent now) to pen-l are not related to my
professional duties, are a waste of State resources, constitute some form of
subversion and actually take me away from my real job and
productivity--preparing future human and social capital cogs [inputs] for
profitability and expanded reproduction of capital and capitalism.

Then there is the social capital argument. The info "revolution" exposes to
all sorts of information, debate, opinion etc that potentially undermine the
requisite "social capital" of capitalism--the requisite myths, traditions,
symbols, institutions, power relations/structures, mystifications, imperial
power projections/justifications, etc of expanded reproduction.

Jim C



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