Digital Capitalism and Its Manifestations

The rise of digital technology has brought about significant transformations in our economies, societies, and everyday lives. One of the most profound developments has been the emergence of digital capitalism , a form of capitalism that is deeply embedded in the internet, data, and digital platforms. Unlike traditional capitalism, which centered on industrial production and physical goods, digital capitalism thrives on intangible assets like data, algorithms, and network effects. This system has enabled unprecedented levels of connectivity and innovation but also raised questions about inequality, privacy, and the concentration of power. Let’s explore the core manifestations of digital capitalism and the implications they hold for society. Manifestations of Digital Capitalism 1. Platform Economies Platforms like Amazon, Google, Meta, and Uber dominate the digital economy by acting as intermediaries between users and services. These platforms generate revenue through data collec...