New Economy, New Myth

New Economy, New Myth

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The 'new economy' has been criticised greatly of late, and after the speculation and hype that surrounded the internet bubble, this is hardly surprising. This book, first published in French and updated here, however treats the 'new economy' as a discourse - one that is often misleading. In order to understand what happened during the internet bubble and the fuss that surrounded it, a central element - intellectual speculation - needs to be understood. New Economy, New Myth treats this speculation as a form of 'ultra-free-market' thinking. According to this line of thought, the internet and the digital revolution are acting as a sort of Trojan horse in spreading market deregulation across the globe. With so much having been written about the new economy, this book employs a mixture of academic rigour and readable prose and comes as a welcome relief. It will be an intriguing read for those interested in the internet bubble - and the hyperbole that surrounded it.Given the sharp drop in the prices of most of the relevant equipment, the IT sectora#39;s contribution to growth can be ... it is equally true that in those sectors that produce high-tech goods there are manual occupations, sometimes in very large ... on semiconductor, television and photocopier production lines IT workers? ... The march toward information employment is proceeding at a significantly slower pace, and reaching much lower levels, than the trend toward service employment a#39; (p.

Title:New Economy, New Myth
Author:Jean Gadrey
Publisher:Routledge - 2003-08-29


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