Digital Capitalism

The telephone seems to be everywhere, not just in the home and workplace, but in the car and in the pockets of millions of telephone customers. The growing use of the telephone is increasingly a global phenomenon. Less than half of the world’s main telephone lines are in Western Europe and the United States. Asian, South American and the Middle Eastern countries have also expanded their telecommunications infrastructure. Dan Schiller says that this rapid growth didn’t occur just so we could all talk to each other. Behind all these phones is a network that moves money and information around the globe in a blink of an eye. It’s the electronic infrastructure of economic globalization.

Recorded at the University of Colorado at Boulder.