The People’s Platform looks at the implications of the digital age for cultural democracy in various sectors—music, film, news, advertising—and how battles over copyright, piracy and privacy laws have evolved. Taylor rightly situates the tech euphoria of the late 90s in the context of Greenspan’s asset-price bubble, pointing out that deregulated venture-capital funds swelled from $12bn in 1996 to $106bn in 2000. Where tech-utopians hailed the political economy of the internet as ‘a better form of socialism’ (Wired’s Kevin Kelly) or ‘a vast experiment in anarchy’ (Google’s Eric Schmidt and the State Department’s Jared Cohen), she shows how corporations dominate the new landscape [...]

[...] the main source of Facebook’s and Google’s profits is other firms’ advertising expenditure, an annual $700bn in the US; but this in turn depends on the surplus extracted from workers who produce ‘actual things’. The logic of advertising drives the tech giants’ voracious appetite for our data. [...]