Shetechtive Uganda blog

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...

In today’s interconnected digital world, the tension between surveillance capitalism and democracy has become a pressing issue. Surveillance capitalism, a term popularized by Shoshana Zuboff in her book The Age of Surveillance Capitalism , refers to the commodification of personal data by corporations to predict and influence consumer behavior. While it has transformed businesses and created immense profits, it raises critical questions about individual autonomy, privacy, and democratic governance. On the other hand, democracy emphasizes citizen empowerment, accountability, and informed decision-making. But as surveillance capitalism grows more pervasive, the question arises: does it undermine democratic values? And if so, who gets to decide how data is collected, used, and governed? Surveillance Capitalism: A New Economic Logic Surveillance capitalism thrives on the extraction and monetization of behavioral data. Every search, click, or swipe generates a trail of information tha...