Editing Creative destruction (section)

=== Manuel Castells ===
The sociologist [[Manuel Castells]], in his trilogy on ''[[The Information Age: Economy, Society and Culture]]'' (the first volume of which, ''[[The Information Age: Economy, Society and Culture#The Rise of the Network Society|The Rise of the Network Society]]'', appeared in 1996),<ref name="isbn0-631-22140-9" /> reinterpreted the processes by which capitalism invests in certain regions of the globe, while divesting from others, using the new paradigm of "informational networks". In the era of globalization, capitalism is characterized by near-instantaneous flow, creating a new spatial dimension, "the [[space of flows]]".<ref>{{Cite book |last=Castells |first=Manuel |title=The Rise of the Network Society |pages=376–428}}</ref> While technological innovation has enabled this unprecedented fluidity, this very process makes redundant whole areas and populations who are bypassed by informational networks. Indeed, the new spatial form of the [[megacity|mega-city]] or megalopolis, is defined by Castells as having the contradictory quality of being "globally connected and locally disconnected, physically and socially".<ref>{{Cite book |last=Castells |first=Manuel |title=The Rise of the Network Society |page=404}}</ref> Castells explicitly links these arguments to the notion of creative destruction:

{{Blockquote|The "spirit of informationalism" is the culture of "creative destruction" accelerated to the speed of the optoelectronic circuits that process its signals. Schumpeter meets [[Max Weber|Weber]] in the cyberspace of the network enterprise.<ref>{{Cite book |last=Castells |first=Manuel |title=The Rise of the Network Society |page=199}} For further discussion, see also {{Cite journal
| issn = 0091-7729
| volume = 33
| issue = 1
| pages = 18–29
| last = Harding
| first = Robert
| title = Manuel Castells' Technocultural Epoch in "The Information Age"
| journal = Science Fiction Studies
| date = March 2006
| jstor = 4241406
}}</ref>
}}