But the 1970s created a major shift within these general conditions, away from secure employment and unwieldy industrial behemoths and towards flexible labour and lean business models. During the 1990s a technological revolution was laid out when finance drove a bubble in the new internet industry that led to massive investment in the built environment. This phenomenon also heralded a turn towards a new model of growth: America was definitively giving up on its manufacturing base and turning towards asset-price Keynesianism as the best viable option.

Nick Srnicek, Platform Capitalism, loc. 40