Google, Facebook, and the Platform Economy: Quo Vadis, Capitalism?

2021-06-07T11:37:04-05:00

In a world of constant global interconnectedness, internet platforms such as Google and Facebook have become an integral part of our everyday lives. Going to work with an Uber, shopping by Amazon, connecting with friends via Facebook the physical and the virtual world are merging while platforms define the conditions. Originally based on libertarian principles, idealist visionaries like Bill Gates or Mark Zuckerberg have become businessmen as technology merged with capitalist principles. Embedded in a neoliberal economic order, platforms have become the key actors in the modern economy. While large oil companies shaped the industrial age, the ranking of the [...]