
Platform Capitalism (Theory Redux)

platforms are digital infrastructures that enable two or more groups to interact.
Nick Srnicek • Platform Capitalism (Theory Redux)
alternatives forms of control via reputation systems,
Nick Srnicek • Platform Capitalism (Theory Redux)
the yen and the mark were devalued over fears of Japanese collapse.
Nick Srnicek • Platform Capitalism (Theory Redux)
collective cooperation and knowledge become a source of value.
Nick Srnicek • Platform Capitalism (Theory Redux)
The bust was staved off through a series of rapid interest rate reductions made by the US Federal Reserve; and these reductions marked the beginning of a lengthy period of ultra-easy monetary policy.
Nick Srnicek • Platform Capitalism (Theory Redux)
their profitability appears to be generated solely by the removal of costs and the lowering of wages and not by anything substantial.
Nick Srnicek • Platform Capitalism (Theory Redux)
dollar was devalued in the Plaza Accord (1985);
Nick Srnicek • Platform Capitalism (Theory Redux)
new class, which does not own the means of production but rather has ownership over information.
Nick Srnicek • Platform Capitalism (Theory Redux)
which often transmit the gendered and racist biases of society.