1.

Record Nr.

UNINA9910795140203321

Autore

Paraná Edemilson

Titolo

Digitalized finance : : financial capitalism and informational revolution / / by Edemilson Paraná

Pubbl/distr/stampa

Boston : , : Brill, , [2018]

ISBN

90-04-38392-1

90-04-35242-2

Descrizione fisica

1 online resource (190 pages)

Collana

Studies in critical social sciences ; ; 127

Disciplina

332.1068/8

Soggetti

Financial services industry - Technological innovations

Financial services industry - Data processing

Electronic commerce

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Front Matter -- Copyright Page -- -- Contents -- About Digitalized Finance -- Preface -- Acknowledgements -- Illustrations -- Abbreviations -- Introduction -- Capitalism at the Beginning of the 21st Century: Globalized Finance -- Technics, Capital and Society: The Material Bases of Technological Development -- Digitalized Finance: Informatization at the Service of Financial Dominance -- Digitalized Finance in the Brazilian Context -- Final Considerations.

Sommario/riassunto

In Digitalized Finance , Edemilson Paraná investigates the relationship between the development of Information and Communication Technologies (ICT) and the process of financialization of economies on a global scale, particularly 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, highly connected, operated in “real time” with intensive use of technological features, and how these advances are related with the economic and social changes in question. It also 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.