Chapter 1, Question 1

What is informationalism and what are the four main characteristics that distinguish it from other forms of capitalism?

Informationalism is the third industrial revoluion. It started in the 1970s with the introduction of the personal computer, transistor and telecommunications. The four features that distinguish informationalism from other forms of capitalism are:
1. Science and technology
2. Shift from material production to information processing
3. Emergence and expansion of new forms of networked industrial organization
4. Rise of socioeconomic globalization

Information needs to be spread thoughout the country and world. With the increased research and invention of new technologies and informations, the poorer countries are becoming poorer or staying poor and the rich countries are becoming richer. We need to work on getting information and technologies to the poor countries and help with making the world more equal. These four features will lead the world into a bright, infomed future.