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Capitalism’s New Clothes | Evgeny Morozov
Zuboff’s Copernican revolution is much easier to explain by its debt to Chandler than Foucault. Chandler’s own prescriptions were usually limited to demanding that managers be more responsible. Zuboff transcends such defeatism. But her double movement will not win before both managerial capitalism and surveillance capitalism are theorized as “capitalism”—a complex set of historical and social relationships between capital and labor, the state and the monetary system, the metropole and the periphery—and not just as an aggregate of individual firms responding to imperatives of technological and social change. That the latter, miniaturized account of competitive enterprise is the working definition of “capitalism” in American business schools is no reason to impoverish the broader discussion of the system’s rationales and shortcomings.
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february 2019 by petej

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