This conversation will explore a call to action for the creative class and labor movement to rally against the power of Big Tech and Big Media.
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, Rebecca Giblin and Cory Doctorow argue we’re in a new era of exploitative businesses creating insurmountable barriers to competition that enable them to capture value that should rightfully go to others. The problem is especially well-illustrated by the plight of creative workers; from Amazon’s radical changes to the economics of book publishing, to Google and Facebook’s siphoning away of ad revenues from news media, chokepoints are everywhere.
This is taking place starting at (converted here to your local time) 2023-01-19T23:30:00Z and guess what, there is no registration! You can watch it live on YouTube (and this link will become the archive if you wish to come back and watch later)
Maybe even tune in here in OEG Connect to discuss live, what does this idea mean for education? From the book’s web site it is “a book about why creative labor markets are rigged – and how to unrig them” and “a Big Tech/Big Content Disassembly Manual.”
While our book starts by dissecting the ways monopolists from the tech and entertainment sectors have cornered their markets, explaining the historical and structural factors that gave rise to this distinctly terrible form of extractive capitalism, we don’t stop there. Our main focus is action.
Chokepoint Capitalism is built around shovel-ready ideas for shattering the chokepoints that squeeze creators and audiences – technical, commercial and legal blueprints for artists, fans, arts organizations, technologists, and governments to fundamentally restructure the broken markets for creative labor.
For more, see this explained video that explains how chokepoints are created
We are counting on for sure @jan to be interested, right? Tune in, watch, discuss…