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Chokepoint Capitalism - how big tech and big content captured creative labour markets, and how we'll win them back (Paperback)
Loot Price: R268
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(19%)
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Chokepoint Capitalism - how big tech and big content captured creative labour markets, and how we'll win them back (Paperback)
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List price R329
Loot Price R268
Discovery Miles 2 680
You Save R61 (19%)
Expected to ship within 9 - 15 working days
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A FINANCIAL TIMES BOOK OF THE YEAR A call to action for the
creative class and labour movement to rally against the power of
Big Tech and Big Media. Corporate concentration has breached the
stratosphere, as have corporate profits. An ever-expanding
constellation of industries are now monopolies (where sellers have
excessive power over buyers) or monopsonies (where buyers hold the
whip hand over sellers) - or both. Scholar Rebecca Giblin and
writer and activist Cory Doctorow argue we're in a new era of
'chokepoint capitalism', with exploitative businesses creating
insurmountable barriers to competition that enable them to capture
value that should rightfully go to others. All workers are weakened
by this, but the problem is especially well illustrated by the
plight of creative workers. By analysing book publishing and news,
live music and music streaming, screenwriting, radio, and more,
Giblin and Doctorow deftly show how powerful corporations construct
'anti-competitive flywheels' designed to lock in users and
suppliers, make their markets hostile to new entrants, and then
force workers and suppliers to accept unfairly low prices. In the
book's second half, Giblin and Doctorow explain how to batter
through those chokepoints, with tools ranging from transparency
rights to collective action and ownership, radical
interoperability, contract terminations, job guarantees, and
minimum wages for creative work. Chokepoint Capitalism is a call to
workers of all sectors to unite to help smash these chokepoints and
take back the power and profit that's being heisted away - before
it's too late.
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