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Chokepoint Capitalism: How Big Tech and Big Content Captured Creative Labour Markets, and How We'll Win them Back
[Paperback - 2022]
rebecca giblin
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Category: Business
Sub-category: Economics
Publisher: Scribe Uk | ISBN: 9781915590015 | Pages: 320
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Description

A call to action for the creative class and labour 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.

Scholar Rebecca Giblin and writer and activist Cory Doctorow argue we’re in a new era of ‘chokepoint capitalism’, with exploitative businesses creating insurmountable barriers to competition that enable them to capture value that should rightfully go to others. All workers are weakened by this, but the problem is especially well illustrated by the plight of creative workers.

By analysing book publishing and news, live music and music streaming, screenwriting, radio, and more, Giblin and Doctorow deftly show how powerful corporations construct ‘anti-competitive flywheels’ designed to lock in users and suppliers, make their markets hostile to new entrants, and then force workers and suppliers to accept unfairly low prices.

In the book’s second half, Giblin and Doctorow explain how to batter through those chokepoints, with tools ranging from transparency rights to collective action and ownership, radical interoperability, contract terminations, job guarantees, and minimum wages for creative work.

Chokepoint Capitalism is a call to workers of all sectors to unite to help smash these chokepoints and take back the power and profit that’s being heisted away - before it’s too late.

About the Author

Rebecca Giblin is an ARC Future Fellow and professor at Melbourne Law School, where she leads interdisciplinary teams researching issues around creators rights, access to knowledge, and the regulation of technology and culture. She is director of the Intellectual Property Research Institute of Australia (IPRIA), and heads up the Author s Interest and eLending projects (authorsinterest.org; elendingproject.org), as well as Untapped: the Australian Literary Heritage Project (untapped.org.au). Chokepoint Capitalism is her latest book

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