Information-owning firms remain capitalist despite not owning means of production.

Evidence

There is some truth in this, but the argument goes awry when it situates this class outside of capitalism. Given that the imperatives of capitalism hold for these companies as much as for any other, the companies remain capitalist. Yet there is something new here, and it is worth trying to discern exactly what it is. — Nick Srnicek, Platform Capitalism, 42

Categorization

  • XREF: Srnicek’s insistence that platform firms remain capitalist undercuts the autonomist/post-capitalist readings of the information economy — a direct rival claim to non-Marxist platform accounts. — connects to: Commune members remained financially enmeshed in capitalism — Jenny Odell, How to Do Nothing: Resisting the…, 162; Platforms remain bound to capitalist competition and profitability despite anti-capitalist rhetoric — Nick Srnicek, Platform Capitalism, 93; Unlike Marx’s workers, the owners of attention still possess the means of producing value — The Friends of Attention, Attensity!: A Manifesto of the…, 275 (+3 more)

Broader Connections