Chokepoint capitalism
Giblin, Rebecca2022
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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. In Chokepoint Capitalism, 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 / Rebecca Giblin & Cory Doctorow.
Giblin, Rebecca, authorDoctorow, Cory, author
Brunswick, Victoria : Scribe Publications, 2022.©2022
303 pages illustration ; 24 cm
Includes bibliographical references and index.
97817613800759781761380075
338.477
English
527795
Location | Collection | Call number | Status/Desc |
---|---|---|---|
Brighton Library | Adult Non Fiction - Environment | 338.477 GIB | Available |