A call to action for the creative class and labor movement to rally against the power of Big Tech and Big Media

Product Code: 9311
ISBN: 9780807012659
Format: Paperback / softback
Publisher: Beacon Press
Pages: 312
Published Date: 09/19/2023
Availability:In stock
N/A
Price: $19.00

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.


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Contents

PART 1: CULTURE HAS BEEN CAPTURED
CHAPTER 1
Big Business Captured Culture
CHAPTER 2
How Amazon Took Over Books
CHAPTER 3
How News Got Broken
CHAPTER 4
Why Prince Changed His Name
CHAPTER 5
Why Streaming Doesn’t Pay
CHAPTER 6
Why Spotify Wants You to Rely on Playlists
CHAPTER 7
What the US Shares with Rwanda, Iran, and North Korea
CHAPTER 8
How Live Nation Chickenized Live Music
CHAPTER 9
Why Seven Thousand Hollywood Writers Fired Their Agents
CHAPTER 10
Why Fortnite Sued Apple
CHAPTER 11
YouTube: Baking Chokepoints In

PART 2: BRAKING ANTICOMPETITIVE FLYWHEELS
CHAPTER 12
Ideas Lying Around
CHAPTER 13
Transparency Rights
CHAPTER 14
Collective Action
CHAPTER 15
Time Limits on Copyright Contracts
CHAPTER 16
Radical Interoperability
CHAPTER 17
Minimum Wages for Creative Work
CHAPTER 18
Collective Ownership
CHAPTER 19
Uniting Against Chokepoint Capitalism

Acknowledgments
Notes
Index

“[Giblin and Doctorow] deliver a lucid and damning exposé of how big business captured the culture markets.” —Publishers Weekly, Starred Review

“Giblin and Doctorow make a convincing case that taking on Big Tech and Big Content—seemingly a lonely and demoralizing endeavor—is, in fact, an opportunity for community.” —The Atlantic

“Provocative . . . What makes this book so refreshing is that it never lets its reader off the hook. The authors remind us, repeatedly, that our ignorance is being weaponised against us. If we don’t understand how big business established its chokehold over us, how will we ever be able to wriggle free of its grip?” —The Guardian

“Nerdy, sharp, radical and readable.” —The Financial Times

“A searing and comprehensive take on the oligopolies that control creative markets, from publishing to music distribution to film distribution.” —Alta

Chokepoint Capitalism is the book we need now. Comprehensive and accessible, stirring and enlightening, it is a roadmap for taking immediate action against the corporate chokepoints that are crushing our creative workers and, increasingly, the rest of the middle class as well.” —The Progressive

Chokepoint Capitalism is a wake-up call. The emphasis it places on the need for a collective response to chokepoint capitalism gives the book its radical edge.” —The Conversation

“Totally readable.” —The Spinoff

“This book is an absolute must-read for anyone who senses that the predominant economic mythology is a lie . . . and who is ready to finally start fixing the problem.” —David Sirota, writer of Don’t Look Up

Chokepoint Capitalism tells us how the vampires crashed the party and provides protective garlic.” —Margaret Atwood, author of The Handmaid’s Tale

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