Proceedings of the fourth Asia-Pacific Research in Social Sciences and Humanities, Arts and Humanities Stream (AHS-APRISH 2019)

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Network Society, Bubble Economy, and Market Crash: Necessity or Choice?

Authors
Satya Anggara1, Herdito Sandi Pratama2, *
1Faculty of Humanities, Undergraduate Program of Philosophy, Universitas Indonesia, Depok City, Indonesia
2Philosophy Department, Faculty of Humanities, Universitas Indonesia, Depok City, Indonesia
*Corresponding author. Email: herditosandi@ui.ac.id
Corresponding Author
Herdito Sandi Pratama
Available Online 29 May 2023.
DOI
10.2991/978-2-38476-058-9_17How to use a DOI?
Keywords
Network Society; Bubble Economy; Market Crash; ICT; SDGs
Abstract

Manuel Castells believes that ICT is a factor that determines the pattern of life and the level of economic inequality, depending on the failure or success of a person or a group in utilizing it. SDGs (Sustainable Development Goals), on the other hand, seeks to direct the development of the world towards sustainable growth that balances environmental, social and economic dimensions in every human activity. The aim is that progress and prosperity are enjoyed by all interested parties, including humans and nature. To achieve what is aspired in the SDGs requires control and predictability in human activities, but on the other hand the era of the network society is filled with uncertainty and spontaneity, marked by the outbreak of a bubble economy and increasingly unpredictable market crashes. This article will rethink the relationship between the logic of the network society era and the bubble economy as well as market crash phenomena to see the obstacle behind the efforts to create an economy that is more prosperous and sustainable in the network society era in order to maximize the positive impact of the network to realize the eighth point of the SDGs.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the fourth Asia-Pacific Research in Social Sciences and Humanities, Arts and Humanities Stream (AHS-APRISH 2019)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
29 May 2023
ISBN
10.2991/978-2-38476-058-9_17
ISSN
2352-5398
DOI
10.2991/978-2-38476-058-9_17How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Satya Anggara
AU  - Herdito Sandi Pratama
PY  - 2023
DA  - 2023/05/29
TI  - Network Society, Bubble Economy, and Market Crash: Necessity or Choice?
BT  - Proceedings of the fourth Asia-Pacific Research in Social Sciences and Humanities, Arts and Humanities Stream (AHS-APRISH 2019)
PB  - Atlantis Press
SP  - 211
EP  - 226
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-058-9_17
DO  - 10.2991/978-2-38476-058-9_17
ID  - Anggara2023
ER  -