Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

In their emphasis on the digital world’s medievalism, Foer and Galloway surprisingly join a chorus of Italian Marxists and cultural theorists who think the digital economy has brought a form of pre-modern economy back into capitalism. Rent has returned to a central role, as Carlo Vercellone argues. When growth levels off, ownership takes precedence over entrepreneurship. Rather than producing new value, the platforms simply coordinate virtual properties and charge for their use. But the properties are not in meatspace or cyberspace alone, which means the owners can set the rent at will. Think of Uber, which is only now beginning to try to create a more stable set of drivers (something like employees). Trying to keep drivers driving means negotiating with them, but the results are not encouraging. By denying their status as a firm with employees, Uber devolves the risk of enterprise onto their “contractors,” and then argues those contractors should be loyal to the platform’s internal, algorithmic assessment of its own success, since their ability to drive at all is based on Uber continuing to exist.

Delete Your Account: On the Theory of Platform Capitalism by Leif Weatherby 5 years, 8 months ago