Platform Capitalism

Paperback, 120 pages

Published Aug. 8, 2016 by Polity.

ISBN:
978-1-5095-0487-9
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OCLC Number:
964878395

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What unites Google and Facebook, Apple and Microsoft, Siemens and GE, Uber and Airbnb? Across a wide range of sectors, these firms are transforming themselves into platforms: businesses that provide the hardware and software foundation for others to operate on. This transformation signals a major shift in how capitalist firms operate and how they interact with the rest of the economy: the emergence of 'platform capitalism'.

This book critically examines these new business forms, tracing their genesis from the long downturn of the 1970s to the boom and bust of the 1990s and the aftershocks of the 2008 crisis. It shows how the fundamental foundations of the economy are rapidly being carved up among a small number of monopolistic platforms, and how the platform introduces new tendencies within capitalism that pose significant challenges to any vision of a post-capitalist future. This book will be essential reading for anyone who …

3 editions

An Intriguing But Simplistic Analysis

This is a quick read, with Srnicek getting right to the point around what's unique about modern digital platforms and how to understand their business models and societal impact. Some of the hypotheses he advances are compelling, but the use of outdated and overly simplistic analytical frameworks severely constrains the analysis. In addition, the intervening years have significantly undercut many of the analyses here, and the choice to mostly ignore antitrust policy as a response to the issues surfaced in the book is strange. Overall, it's a good book to pick up if you're interested in these topics and only want to spend a few hours reading

Platforms as part of the ecosystem of capital

Thought this was going to be a book more about platforms than about economics, but it leaned more on the side of economics.

Short review of the modern internet age (which really isn't so long) and how platforms have grown, prospered, and become more efficient since the 90s.

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