Capitalism and Information Communication

The United States, after World War II, became a monarchical monopoly in the 1950s and 1960s with a strong aspiration to defend the country from foreign powers. However, in the process of solving the stagflation that has arisen due to the Middle East War that broke out in 1970, the development of information and communication becomes a solution to this. The development of information and communication goes beyond the level of seeking capitalism in crisis and is upgraded to a global paradigm. In the meantime, the argument that the crisis is not a problem of capitalism, but rather the result of neglecting the market, which is the core of capitalism, has become convincing. The claim that the monopoly capitalism is to be abolished and that the newly developed information communication should be used to tie the whole world into a single market has begun to be persuasive. Especially, it was expanded to the United States where information and communication developed.