Information Economy, Employment Vulnerability, and the Emergence of New Urban Marginality in Dhaka City, Bangladesh

The twenty-first century is witnessing huge remarks in the informationalization of the world economy and the restructuration of the capitalist economy as a side effect. The paper aims to explore the new urban marginality due to the rise of information-based economy in the city of Dhaka, Bangladesh. The study is based on the theoretical frameworks of Castells, Sassen, Fainstein, and Friedman and Wolff. The study reveals that most of the poor people living in these neighborhoods are involved in the informal sectors of the economy where they have to work long hours and they receive lower income. It further reveals that the poor are marginalized due to their poverty and illiteracy about technology and thus they are denied the access to the urban services as well. The study argues that due to the intervention of information as well as technology-based economy economic restructuration taken place and changes becoming visible in the economic sphere particularly in the job market which discriminates the urban poor and illiterate mostly.