An Important Message from John Bellamy Foster
February 20, 2024
In the 1990s, high tech firms and their mainstream media boosters proclaimed that the Internet and digital technology would unleash a new era that would destroy monopolies, liberate democratic impulses, and usher in what Bill Gates called “frictionless capitalism.” From the first, Monthly Review’s assessment was different. We foresaw instead the ways that the communications revolution would generate monopoly power on a scale never seen before.
