Political Economy of New Media PEM W 11 Digital Labour: Unpaid Value ÊCase of Huffington Post ÊIt was sold to AOL in 2011, $315 Million (collected by the owner) ÊContributors such as ArtScene &Visual Art Soursce E-Strike ÊA lawsuit claimed $105 million on be half of “uncompensated” blog contributors ÊFreelancer, Prosumer, Unemployed worker Ê“Comment is Free” ÊComputer VS Commodification ÊHow surplus value is generated? ÊOur everyday life becomes raw material for capital accumulation Ê Cheap labor ÊCase of Foxconn & Amazon ÊMade by Foxconn and Sold by Amazon & Walmart ÊFoxconn: No brand, extreme profit. East Asian division of digital labor – R&D – Subcontractor – Regional Migration ÊAmazon: Global distribution centers: Cheap labor for well-to-do consumers ÊWalmart: Prototype generating cheap labor market ÊPrice Comparison! Ê Ê Mode of Production ÊPlatforms: Chrome, Gmail, Photoshop, Youtube, MS Office ÊWindows & iOS & Android & Kindle ÊSmartphone, Computer ÊTechnological Standard: MP3, Bluetooth, PDF etc. ÊPublic authority relies on private institutions (Technical consultation) ÊParadox of Private Internet security Ê Ê Profits ÊProfits of captalists <- surplus value, unpaid and forced labor, products of which the producers do not control ÊExploitation: not simply about a loss of money, but also a loss of control over one’s productive and creative activity (Alienation) ÊLimited platforms, limited publishing agents, market dependency…. Estranged by our labor. ÊFalse Consciousness: Publicity - Ideology of Communicative Capitalism. Pleasure – Opium in Communicative Capitalism Commodity Fetishism ÊIt is the social relations of production which govern the way in which material objects enter the economic process (Marx). Ê Value of material objects (commodities) is determined by social relations ÊNetwork Fetishism, Information Fetishism -> Share more, produce more, consume more -> Add value of Social media platforms, mobile providers, hardware manufacturers, and information capitals Platform Capitalism ÊPlatform - Intermediary digital infrastructures that enable different user groups (customers, advertisers, service providers, producers, suppliers) – to interact ÊPlatforms rely and thrive on network effects (Common features: exponential growth and unprecedented capital accumulation ) Ê Advertising platforms, Cloud platforms, Lean platforms ÊFour Common Features Êexpansion of extraction Êposition as a gatekeeper Êconvergence of markets Êthe enclosure of ecosystems