Episode description

Platform Capitalism: How the most powerful tech companies of our time are revolutionising the global economy. Laurie Taylor talks to Nick Srnicek Lecturer in International Political Economy at City, University of London, and author of a new study which critically examines how companies ranging from Google, Amazon and Microsoft to Facebook, GE and Airbnb, are turning into platforms: businesses that provide the hardware and software foundation for others to operate on. This transformation in how companies operate offers new possibilities for consumers, but also represents an arguably troubling monopoly control over both distribution and production. How did Platform Capitalism originate, what are its merits - as well as its dangers - and does it have an infinite future? Ursula Huws, Professor of Labour and Globalisation at Hertfordshire School of Business and Andrew Leyshon, Professor of Economic Geography at the University of Nottingham, also join the discussion.

Producer: Jayne Egerton.