THE CORONAVIRUS PANDEMIC AND THE TRANSITION TO THE ERA OF DIGITAL CAPITAL DOMINANCE

Abstract

The COVID-19 pandemic has become one of the triggers for the further growth of the global influence of digital capital and high-tech companies. The market value of the world's largest technology giants, which set long-term trends in the development of the world economy within the framework of the Fourth Industrial Revolution, has sharply increased. During the pandemic, digital capital declared its claims to political dominance, as shown by the US presidential election in 2020. During the elections, there was a coordination of the actions of digital corporations and the "new elite" within the Democratic Party, whose ideological and economic views were formed by the values of the new technological era.

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DOI

10.35634/2587-9030-2021-5-3-305-310

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