Cliff Barney summarizes Castells, Vol.
Response welcome, as always.
He begins with a thorough review of the information technology revolution that began with the invention of the transistor, and flowered in Silicon Valley, under the joint ministrations of military procurement money and the genius of the semiconductor and computer entrepreneurs. Castells then shows how this technology has been integrated into the economy. Production and distribution are managed globally. Capital is managed around the clock in globally integrated financial markets working in real time for the first time in history. Labor in this economy becomes fragmented.