Jamal Awil

← Platform Capitalism

Platforms offer new forms of competition and control. [fact]

For all the rhetoric of having overcome capitalism and of transitioning to a new mode of production – a rhetoric inherent in the postindustrial thesis of the 1960s, in the ideas of 'new economy' disciples in the 1990s, and in the radical and conservative paeans to the sharing economy of today – we still remain bound to a system of competition and profitability. Platforms offer new forms of competition and control, but in the end profitability is the great arbiter of success.

Nick Srnicek, Platform Capitalism, loc. 93