Network Society Essay Example | Topics and Well Written Essays - 3000 words - 2

Network Society - Essay Example As the study highlights through network society, Information, Communication Technology (ICTS) have come up with numerous social, political and economic phenomena, a term that emerged from various theorists to explain a society that is connected by mass and telecommunication networks. Additionally, the ICTs demonstrate a society as a transformation era from an industrial age to an information age, which is central to the working of the economy. This enables annihilation of space and facilitates globalization. Of importance to note is that, network society is a global network that has led to decentralization of organization from vertical hierarchies to horizontal corporations. Large corporations decentralize themselves as networks of semi-autonomous units. From this paper it is clear that in a network society there exist a network economy, which acts as a new, efficient form of organization of production, distribution and management that facilitates substantial increase in productivity growth rate especially in the United States and related countries that have adopted these new forms of economic organization. In fact, many businesses have increasingly adopted a virtual approach to work space. This situation has led to evolution of business into a large organization a network that contains workforce that is distributed over diverse locations and time zones. These working forms have continually created new cultures and forms of belonging, over and above, gaining identity. In light of the network society, social network has enormously contributed to a global village as would be expected.