Abstract
Abstract A range of social theorists have argued that technological changes in microelectronics have given rise to a new kind of post industrial or information society. This article analyzes the role of international flows of computerized information in the global economy as a way to evaluate debates about the nature of contemporary society. Two kinds of flows that offer distinct advantages to transnational corporations as their major users are identified. Corporate flows between branches of the same firm facilitate existing business activities. Commercial flows sold from one firm to another comprise a new form of trade in digital commodities, produced and exchanged according to the logic of the market. Rather than introducing a qualitatively different type of information society, microelectronics technologies have made it possible to extend the process of commodification into digital forms of production and exchange.
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