“But we are not just witnessing a relativisation of time according to social contexts or alternatively the return to time reversibility as if reality could become entirely captured in cyclical myths. The transformation is more profound: it is the mixing of tenses to create a forever universe, not self-expanding but self-maintaining, not cyclical but random, not recursive but incursive: timeless time, using technology to escape the contexts of its existence, and to appropriate selectively any value each context could offer to the ever-present. I argue that this is happening now not only because capitalism strives to free itself from all constraints, since this has been the capitalist system’s tendency all along, without being able fully to materialize it. Neither is it sufficient to refer to the cultural and social revolts against clock time, since they have characterized the history of the last century without actually reversing its domination, indeed furthering its logic by including clock time distribution of life in the social contract. Capital’s freedom from time and culture’s escape from the clock are decisively facilitated by new information technologies, and embedded in the structure of the network society.
The transformation of time as surveyed in this chapter does not concern all processes, social groupings, and territories in our societies, although it does affect the entire planet. What I call timeless time is only the emerging, dominant form of social time in the network society, as the space of flows does not negate the existence of places. It is precisely my argument that social domination is exercised through the selective inclusion and exclusion of functions and people in different temporal and spatial frames.”

Source: The Rise of the Network Society, 1996, p. 433–434 as quoted in: Wayne Hope (2006) Global Capitalism and the Critique of Real Time http://www.sagepub.com/dicken6/Sociology%20Online%20readings/CH%202%20-%20HOPE.pdf. Sage publications. p. 289