Network Society, Bubble Economy, and Market Crash: Necessity or Choice?
- DOI
- 10.2991/978-2-38476-058-9_17How to use a DOI?
- Keywords
- Network Society; Bubble Economy; Market Crash; ICT; SDGs
- Abstract
Manuel Castells believes that ICT is a factor that determines the pattern of life and the level of economic inequality, depending on the failure or success of a person or a group in utilizing it. SDGs (Sustainable Development Goals), on the other hand, seeks to direct the development of the world towards sustainable growth that balances environmental, social and economic dimensions in every human activity. The aim is that progress and prosperity are enjoyed by all interested parties, including humans and nature. To achieve what is aspired in the SDGs requires control and predictability in human activities, but on the other hand the era of the network society is filled with uncertainty and spontaneity, marked by the outbreak of a bubble economy and increasingly unpredictable market crashes. This article will rethink the relationship between the logic of the network society era and the bubble economy as well as market crash phenomena to see the obstacle behind the efforts to create an economy that is more prosperous and sustainable in the network society era in order to maximize the positive impact of the network to realize the eighth point of the SDGs.
- Copyright
- © 2023 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Satya Anggara AU - Herdito Sandi Pratama PY - 2023 DA - 2023/05/29 TI - Network Society, Bubble Economy, and Market Crash: Necessity or Choice? BT - Proceedings of the fourth Asia-Pacific Research in Social Sciences and Humanities, Arts and Humanities Stream (AHS-APRISH 2019) PB - Atlantis Press SP - 211 EP - 226 SN - 2352-5398 UR - https://doi.org/10.2991/978-2-38476-058-9_17 DO - 10.2991/978-2-38476-058-9_17 ID - Anggara2023 ER -