Political Economy Analysis of Informatization

Author: Feng Mei
Publisher:
Publish Date: 2006-05-01
Features: The author starts from the basic principles of Marxist economics to describe the essence and content of informatization; analyzes the new characteristics of productivity development in the information age influenced by science and technology, and outlines the logical trajectory of how information technology impacts economic institutional change through its interaction with productivity and production relations; the author also proposes unique insights on the role of new technologies in corporate systems, market mechanisms, and government functions under the information economy; at the same time, it explores the problems and challenges China faces in the wave of informatization and puts forward policy choices for achieving informatization.

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