platform capitalism
noun1
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.
- Some prominent critics even speak of “platform capitalism” – a broader transformation of how goods and services are produced, shared and delivered.2015 June 6, Evgeny Morozov, “Where Uber and Amazon rule: welcome to the world of the platform”, in The Guardian:
- At the heart of platform capitalism is a drive to extract more data in order to survive.2017 August 30, Nick Srnicek, “We need to nationalise Google, Facebook and Amazon. Here’s why”, in The Guardian:
1 more example
- 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.2020 October 8, James Greig, “The pain of cinema closures isn’t just economic”, in The Guardian:
- Related terms
- platform economy, sharing economy, surveillance capitalism