The Social Risks of the Dot-Com Era
The Social Risks of the Dot-Com Era
This chapter addresses the social component in the economic risks. The discourses of risk during the dot-com boom encouraged people to take risks and not to fear failure. The chapter also argues that the dot-com boom occurred at a moment of transition in U.S. economic history toward riskier work, and that the entrepreneurial spirit which people enacted during the boom was a response to this economic transition. It shows that the dot-com boom helped glorify risks. The chapter also contends that people can invest their social capital in the companies where they work by tapping their personal connections for information and other resources which frequently offer crucial support for their companies. Finally, an overview of the chapters included in the book is given.
Keywords: social component, economic risks, dot-com boom, U.S. economic history, social capital, riskier work
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