These digital production tools are now owned by a few international IT corporations and some multinational companies. A "new proletariat" is presently emerging as a result of the development of digital technology. Rather, they push compensation to a bottom-level price floor, reduce guaranteed hours, increase instability, restrict the scopes of work that employees can perform, and keep overall economic output high. Neo-imperialism and digital colonialismWhen domestic markets get filled up, capital seeks “colonies” to dump excess products and get low-priced materials. When a country’s digital systems are controlled by foreign companies, that country loses its capacity to freely implement policies of its choosing.

Source: Dhaka Tribune March 06, 2026 04:52 UTC