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" "If valuation in the financial markets provides the bottom line for the performance of the company, it is labor that remains the source of productivity, innovation, and competitiveness.
Manuel Castells (born 9 February 1942) is a sociologist especially associated with information society and communication research. Since 2008 he has been a member of the governing board of the European Institute of Innovation and Technology.
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In sum, all the key technological developments that led to the internet were built around government institutions, major universities and research centers. The Internet did not originate in the business world. It was too daring a technology, too expensive a project, and too risky an initiative to be assumed by profit-oriented organizations.
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This book was born out of astonishment. At a time when the waves of the anti-imperialist struggle are sweeping across the world, when movements of revolt are bursting out at the very heart of advanced capitalism, when the revival of working-class action is creating a new political situation in Europe, ‘urban problems’ are becoming an essential element in the policies of governments, in the concerns of the mass media, and consequently, in the everyday life of a large section of the population.