ICT and systemic time squeeze: The uncoordinated temporalities of globalization

Mavrofides, T., Papageorgiou, D., Papadopoulos, T. and Los, A. 2014. ICT and systemic time squeeze: The uncoordinated temporalities of globalization. Time & Society. 23 (1), pp. 69-96. https://doi.org/10.1177/0961463x12467609

TitleICT and systemic time squeeze: The uncoordinated temporalities of globalization
TypeJournal article
AuthorsMavrofides, T., Papageorgiou, D., Papadopoulos, T. and Los, A.
Abstract

The recent economic crisis (2008–2011) is coupled with a political crisis as well. This is due to a shift of the financial risk to political risk; the markets seem to press the democratic governments to risk their own social capital so that the former reduce the investment risk. The ability of the markets to achieve such a goal is realized by the global dependence on information and communication technology (ICT) networks that squeeze the time of interactions between the markets and the governments, thus causing a profound problem in the operations of democracies. This paper inspects those phenomena as manifestations of globalization and tries to examine certain solutions to those problems, from a systems theoretical perspective.

JournalTime & Society
Journal citation23 (1), pp. 69-96
ISSN0961-463X
1461-7463
Year2014
PublisherSage
Digital Object Identifier (DOI)https://doi.org/10.1177/0961463x12467609
Web address (URL)http://dx.doi.org/10.1177/0961463x12467609
Publication dates
Published in printMar 2014
Published online30 May 2013

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