Coding Capitalism Computers and the Remaking of the Postwar US Economy

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Coding Capitalism Computers and the Remaking of the Postwar US Economy | 2.8 MB

Title: Coding Capitalism Computers and the Remaking of the Postwar US Economy
Author: Devin Kennedy
Category: Nonfiction, Computers, General Computing, Reference, History, Americas, United States, 20th Century, Business & Finance, Industries & Professions, Industries
Language: English | 320 Pages | ISBN: 0231224036


Description:
Long before Google, Amazon, or Microsoft, computer technology shaped how people worked, how markets operated, and how businesses became big. After World War II, military officials and their partners in industry looked to the newly invented electronic computer as they sought to cut costs, speed up labor, manage supply chains, and-they hoped-bring stability to the postwar economy. Their efforts would shape early computer science and the first applications of computer technology in manufacturing and business, with profound consequences for workers and managers alike. By the 1960s, practices originally developed to improve industrial efficiency were being used by Wall Street, influencing how markets worked and even how traders thought. Digital technology became central to finance, tying together far-flung trading floors and automating decision making-with alarming consequences, including the 1987 Black Monday crash.
Devin Kennedy offers a new history of the...

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