Alaimo, Cristina

Data Rules: Reinventing the Market Economy

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ISBN 13:
9780262547932
author:
Alaimo, Cristina
format:
Paperback
publisher:
MIT Press
language:
English
Publication Year:
2024
Pages:
240
Dimensions:
23 x 15.2 x 1.8 centimetres (0.2
Genre:
Nonfiction, Social Sciences, Media Studies,
Condition:
New
Availability:
Item usually sent within 10 working days
£37.28

Description

Data Rules: A New Framework for Understanding the Market Economy in the Digital Age. The market economy is undergoing a profound transformation, driven by the increasing importance of digital data. In this groundbreaking new framework, Cristina Alaimo and Jannis Kallinikos explore how data are reconfiguring the institutions of the market economy. They argue that traditional economic systems, which rely on centralized control and relative independence from external influences, are no longer tenable in a world where data-driven interactions and exchanges dominate. The authors contend that digital data are not just a tool for surveillance and control, but also have transformative potential. By examining the impact of data on organizational forms and market practices, they reveal how data are rewiring the very fabric of society and its institutions. This book offers a fresh perspective on the social science of economics, one that recognizes the critical role of data in shaping our economic order. By exploring this new frontier, Alaimo and Kallinikos provide a nuanced understanding of the market economy's evolution in the digital age.

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