9 August 2018
E. Flieger

The eighties saw a broad public debate about data protection being endangered by the German census which resulted in new laws. Now, 30 years later, we see millions of people worldwide sharing their personal data on digital networks like Facebook. Internet giants like Amazon and Google siphon off huge amounts of detailed customer information for free. This business model, based on the collection and exploitation of personal data, is sometimes called Data Capitalism. Customers seem unaware about giving up so much personal data. But what are the consequences in the long run for these data and the individuals behind the data?

Who owns my data? The debate has only just begun.

Literature on data capitalism in EconBiz: