Digitalized Finance: Financial Capitalism and Informational Revolution

Description

In Digitalized Finance, Edemilson Parana investigates the relationship between the development of Information and Communication Technologies (ICT) and the process of financialization of economies on a global scale, with a special focus on the impacts of both in Brazil. The book explains the influence of ICT in the emergence and consolidation, especially from the 1980s, of new forms of operation and management of the globalized financial system-forms that are highly connected and operated in "real time" with intensive use of technological features-and how these advances are related to the economic and social changes in question. The book goes on to describes how contemporary capital markets work, where the search for earnings is leveraged by sophisticated mathematical models, robots and automated trading software that seek financial gains in the milliseconds scale.

Edemilson Parana, Ph.D. (2018), University of Brasilia, is a sociologist. He has published in the areas of Economic Sociology, Political Economy and Social Theory.