Chokepoint capitalism : how big tech and big content captured creative labor markets and how we'll win them back

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, 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. From Amazon’s use of digital rights management and bundling to radically change the economics of book publishing, to Google and Facebook’s siphoning away of ad revenues from news media, and the Big Three record labels’ use of inordinately long contracts to up their own margins at the cost of artists, chokepoints are everywhere. By analyzing 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 then 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. 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 Culture Heist , scholar Rebecca Giblin and writer and activist Cory Doctorow argue that thanks to "chokepoint capitalism," exploitative businesses create insurmountable barriers to competition that enable them to capture value that rightfully belongs to others. All workers are weakened by this, but the problem is especially well-illustrated by the plight of creative workers. From Amazon's role in radically changing publishing's economics, to the influence of Spotify in leveraging digital rights management, these few vicious monopsonists have lobbied for more barriers for new entrants. By analyzing book publishing and news, live music and music streaming, screenwriting, radio and more, Giblin and Doctorow first 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. Culture Heist is a call to workers of all sectors to unite to help smash these chokepoints and take back the power and profit that's been siphoned away--before it's too late. PART 1: CULTURE HAS BEEN CAPTURED Big Business Captured Culture How Amazon Took Over Books How News Got Broken Why Prince Changed His Name Why Streaming Doesn't Pay Why Spotify Wants You to Rely on Playlists What the US Shares with Rwanda, Iran, and North Korea How Live Nation Chickenized Live Music Why Seven Thousand Hollywood Writers Fired Their Agents Why Fortnite Sued Apple YouTube: Baking Chokepoints In PART 2: BRAKING ANTICOMPETITIVE FLYWHEELS Ideas Lying Around Transparency Rights Collective Action Time Limits on Copyright Contracts Radical Interoperability Minimum Wages for Creative Work Collective Ownership Uniting Against Chokepoint Capitalism Acknowledgments Notes Index "People are feeling squeezed because of chokepoint capitalism: exploitative businesses creating barriers to competition that let them take over markets and extract an unfair share of value. This book teaches how to spot those chokepoints, and what we can do to blow them up"-- Provided by publisher