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Choke Point Capitalism

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Both corporate profitability and corporate concentration have reached new heights. A growing number of industries are currently monopolies, monopsonies, or both, where sellers have an excessive amount of control over consumers. According to academic Rebecca Giblin and author and activist Cory Doctorow, we are in a new era of "chokepoint capitalism," in which exploitative companies build impassable hurdles to competition so they can appropriate value that should belong to others. This weakens all employees, but the predicament of creative workers serves as a particularly potent illustration of the issue. Giblin and Doctorow skillfully demonstrate how dominant firms create "anti-competitive flywheels" designed to lock in customers by examining book publishing and news, live music and music streaming, screenwriting, radio, and more.

Author Cory Doctorow, Rebecca Giblin
Publisher Scribe Publications
Language English
Binding Type Paper Back
Non Fiction Business & Economics
ISBN13 9781915590015
SKU BK 0139067

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