thenextwave

The future of platform capitalism

Posted in business, digital by thenextwavefutures on 26 August, 2017


I have been meaning to write about Nick Srnicek’s book Platform Capitalism for a few months now. As you’d expect from his book Inventing the Future, co-written with Alex Williams, he tries to place the phenomenon of platform capitalism in the overall context of 21st century capitalism. This is a good thing, since there has been a lot of breathless over-excited stuff written in the past months on platforms, and indeed their place in the future of capitalism, for example by McKinsey. Or Wharton. Or Forbes.

The short book falls into three parts. There is a context-setting chapter on ‘The long downturn,’ which will surprise no-one who has read, for example, Wolfgang Streeck’s book and articles on the end of capitalism. The second chapter analyses different types of platforms and their strengths and weaknesses. A final chapter, ‘Great platform wars’, looks at the prospects.

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Google, China, and ‘strategic ethics’

Posted in business, China, digital, organisational by thenextwavefutures on 17 January, 2010

I’ve seen quite a lot of comment, but not much analysis, of Google’s decision to face down China. The comment says (a) it’s a principled stand on human rights; (b) a response to poor business performance; (c) a lack of confidence in the prospects for the Chinese economy; (d) a risk management decision to underline its commitment to the integrity of the ‘internet cloud’ in the face of Chinese hacking. My take is that it’s a belated realisation that international businesses can no longer partition the world – and that oft-cited ethical concerns about its role in China were increasingly likely to damage more compelling business opportunities elsewhere.

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