18 January 2021

Professor Christian Fuchs for Bloomberg about data and capitalism in a post-COVID world

Professor Christian Fuchs, Professor and Director of the Communication and Media Research Institute, was quoted in an article by Bloomberg about data and capitalism in a post-COVID world.

Professor Christian Fuchs

The article discusses how COVID-19 could cause changes to economic life. It writes: “Governments can reimagine capitalism by giving all of us a stake in the most valuable byproduct of our day-to-day living: data. But make no mistake. It will still be a Faustian bargain.”

It later writes: “But imagine the shakeup to power in Big Tech and people’s sense of ownership in society if political authorities tried to resolve what University of Westminster sociologist Christian Fuchs sees as a Marxian ‘antagonism between digital commons and digital commodities.’”.

Read the full article on Bloomberg’s website

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