platform capitalism

English

Noun

platform capitalism (uncountable)

  1. (business, neologism) A way of doing business that involves recruiting large numbers of people who work for themselves using the company's platform, for example by facilitating ridesharing.
    • 2015 June 6, Evgeny Morozov, “Where Uber and Amazon rule: welcome to the world of the platform”, in The Guardian:
      Some prominent critics even speak of “platform capitalism” – a broader transformation of how goods and services are produced, shared and delivered.
    • 2017 August 30, Nick Srnicek, “We need to nationalise Google, Facebook and Amazon. Here’s why”, in The Guardian:
      At the heart of platform capitalism is a drive to extract more data in order to survive.
    • 2020 October 8, James Greig, “The pain of cinema closures isn’t just economic”, in The Guardian:
      The last 20 years has seen a decline in socialising [] We are living in the era of platform capitalism, where you can do just about anything without leaving your home, and are in fact encouraged to do so.

See also

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