Capitalism in the Age of Digital Technology
Monopoly isn’t just a board game it is the animating dynamic of our economic system. Really existing capitalism, which relies heavily on taxpayer support, embodies a near genetic drive to consolidate, to dominate and ultimately to eliminate competition. This leaves people with fewer choices and higher prices, exactly the outcome desired by the monopolists. Democracy, particularly in the U.S., has largely morphed into an oligarchy run by and for plutocrats. As corporate control of media increases and as inequality widens, and as the eco-crisis continues apace, one can expect a future of social unrest.
Speaker
Robert McChesney
Robert McChesney was a leading media historian and public intellectual. He was a professor at the School of Journalism and Mass Communications at the University of Wisconsin-Madison and later was the Gutgsell Endowed Professor in the Department of Communication at the University of Illinois at Urbana–Champaign. He was co-founder of Free Press, a non-profit organization working to increase public participation in media policy debates. His work focused on the role of journalism and democracy in a capitalist system. An activist scholar, he was a champion of independent progressive media. Noam Chomsky said, “Robert McChesney’s work has been of extraordinary importance. It should be read with care and concern by people who care about freedom and basic rights.” A prolific author, among his many books are Rich Media, Poor Democracy, Blowing the Roof off the Twenty-First Century, and Digital Disconnect. He is co-author with John Nichols of Dollarocracy and People Get Ready. Robert McChesney passed away in late March 2025.
Ben Stone –
This presentation was great! RIP, and believe me, his thinking lives on!
ivy –
speaking the truth in 2015 and see where we are now in 2025….Holy $*%t
Toby Hoffman –
Shared but everybody too busy with distractions.
Jim Terr –
RMcC has a way of cutting to the bone. A disturbing talk, but so clear and so insightful. Will be sharing this one with friends.
Thomas Burnham French –
Robert McChesney gives a challenging perspective on the future of the world through discussing domination of our economy by mega corporations, leading to monopolies, through the alliance of government, an alliance that has overturned our democracy. With the coming of fully automated, robotic industrial production, unemployment will soar. The largest internet corporations are aiding in creating a surveillance state which is antithetical to democracy and has been a mark of fascism historically. The belief in democracy by the majority of the world’s population will be a force that challenges the plutocracy and ultimately wins.