New book on the current monopolized techno-economy and urban value creation processes

Sami Moisio and Ugo Rossi examine the interplay between technology companies, urban space, the state, and the economy in their new book, The Urban Field: Capital and Governmentality in the Age of Techno-Monopoly.

Sami Moisio and Professor Ugo Rossi from the Gran Sasso Science Institute have published a book titled The Urban Field: Capital and Governmentality in the Age of Techno-Monopoly. The book is published by the British publisher Agenda Publishing, and in the United States, it was published by Columbia University Press. The book represents basic research in the political economy of cities and urbanization. It addresses the intertwining of technology companies and states in value creation processes and the significance of urban space in the development and expansion of the current techno-economy. The book challenges the view held by some scholars that the current techno-economy, dominated by a few large corporations and operating through "cloud rents," represents a shift away from the capitalist system towards a "new feudalism." Instead, Moisio and Rossi conceptualize the current situation as a strong techno-monopolization, which would not be possible without the support of a certain form of state. Moisio and Rossi call this state that enables techno-monopolization the "corporatized state."