• The Digital Spatial Fix

    Author(s):
    Daniel Greene, Daniel Joseph (see profile)
    Date:
    2018
    Subject(s):
    Communication, Digital media, Games--Study and teaching, Geography, Communism, Socialism, Economics, Social media
    Item Type:
    Article
    Tag(s):
    high-frequency trading, Communications, Game studies, Marxism, Political economy
    Permanent URL:
    http://dx.doi.org/10.17613/8742-k028
    Abstract:
    This article brings distinct strands of the political economy of communication and economic geography together in order to theorise the role digital technologies play in Marxian crisis theory. Capitalist advances into digital spaces do not make the law of value obsolete, but these spaces do offer new methods for displacing overaccumulated capital, increasing consumption, or accumulating new, cheaper labour. We build on David Harvey’s theory of the spatial fix to describe three digital spatial fixes, fixed capital projects that use the specific properties of digital spaces to increase the rate of profit, before themselves becoming obstacles to the addictive cycle of accumulation: the primitive accumulation of time in the social Web, the annihilation of time by space in high-frequency trading, and affect rent in virtual worlds. We conclude by reflecting on how these digital spatial fixes also fix the tempo of accumulation and adjust the time-scale of Marxian crisis theory.
    Metadata:
    xml
    Published as:
    Journal article     Show details
    Pub. DOI:
    https://doi.org/10.31269/triplec.v13i2.659
    Publisher:
    Information Society Research
    Pub. Date:
    2018-5-1
    Journal:
    tripleC: Communication, Capitalism & Critique. Open Access Journal for a Global Sustainable Information Society
    Volume:
    13
    Issue:
    2
    Page Range:
    223 - 247
    ISSN:
    1726-670X,1726-670X
    Status:
    Published
    Last Updated:
    4 years ago
    License:
    Attribution-NonCommercial
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