Define The Information Technology Revolution And Critically Analyse Its Role In Creating The Network Society

as a problem due to global warming, etc. And it is neutral in-terms that it has consequences on the way it is used. (Castells 2000, p 76)
             The information technology revolution emerged in the west around the 1960-70's where the economic boom was coming to a close. It was a new form of capitalism, which had moved the base of society, industry into information. This new form of capitalism was not based on industrial products but it was based on the application of information, it exploits the potential produced by the IT revolution especially things to be networked. Castells refers to weber and says that to understand capitalism we have to understand the culture of capitalism. (Castells 2000, lec 4)
             Castells argues that even though this form of capitalism is global, it is not planetary, many parts of the world are not connected. And it is not homogenous, as those who are connected don't have it the same way.
             The last 40 – 50 years of the 20th century has been marked by many changes. Is a period of rapid upheaval and change.
             With the emergence of the IT Revolution Castells argues that capital needed to restructure itself and the IT Revolution gave it something t restructure around.
             The IT Revolution has major impacts that effect local communities, central cities, suburbs and towns. It has profound impact on the kind of economic activity taking place, how it is organised, where it is located, and the kind of jobs it generates. There are key forces of change that has taken place. Firstly, the impact of the IT revolution on industries and companies vary from industry to industry. The globalisation of the economy and competition (enabled in large parts by IT) have brought about large-scale changes in the industrial makeup of the entire advanced industrial nation. There has been the explosion of some industries (such as computers, communication, software and financial services) by enabling new products, se...

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