1 Strategies and Forms of Capital Accumulation in Transnational Informational Capitalism

Concepts such as knowledge society, information society, postmodern society, postindustrial society, internet society, network society, etc. fail to grasp the dialectic of continuity and discontinuity of society, they see the changes connected to new media as radical novelties and ignore the continuing dominance of capitalist structures. In order to stress that capital accumulation is transformed by the rise of knowledge and information technologies and to stress the transnational spatial model connected to the flexible regime of accumulation, it is suggested to use notions such as transnational network capitalism, transnational informational capitalism, or transnational knowledge capitalism as key concepts for describing contemporary society. One important principle of gaining profit from information commodities is that such goods are sold at prices that are much higher than the commodity-values. Informational networks are at the core of the productive forces of informational capitalism. Due to the characteristics of information and networks (global diffusion, intangibility, connectivity) the classical Marxian antagonism of the productive forces and the relations o