What is platform capitalism? Summary, definition and examples from Srnicek
Capitalism tends to be restructured and improved in new ways for capital accumulation. Platform capitalism is one form of this reform that started with the explosion of internet-based companies in the 90s. The rise of technology provides the possibility to carry out automation. It is proclaimed as a new era under various names, from the 'paradigm shift' and '4th industrial revolution', to align this change with the age of enlightenment 'Renaissance', which is ridiculous. Advances in communication technology allow humans to concentrate an unlimited amount of information. This method is considered a form of democratisation of information and knowledge. However, it does not mean that public is the collective owner of the information. Although it seems we are in an area that allows us to access a wide range of information and get ahead with it. What is often forgotten is access is still under the terms of conditions of ownership of capitalism and an invisible trade-...