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BRIE Working Paper 2020-6 What Polanyi Teaches Us: The Platform Economy and Structural Change
Resource type
Author/contributor
- Eldred, Christopher (Author)
Title
BRIE Working Paper 2020-6 What Polanyi Teaches Us: The Platform Economy and Structural Change
Abstract
The welfare system was meant to reduce the 9 vulnerability of citizens to the market, thereby containing the consequences of the market economy and labor commodification. [...] As an adaptation to the consequences of the market, the welfare system is an effort to cushion the effects of the market, not a change its underlying logic of commodification. [...] From this perspective, the political debates about the rules to be applied to the operations of the platform economy are part of the “second movement,” i.e., a reaction to the platform economy. [...] In contrast, to the industrial revolution where the capitalist moved production into the factory to develop greater control than was possible with the putting-out system, the platform extrudes the work and obligations outside the boundaries of the firm. [...] In actuality the relationship between the members of the ecosystem and the platform is hierarchical and based upon an extreme power asymmetry within which the ecosystem members are at the mercy of the platform which controls the nexus of relationships (Cutolo and Kenney, 2020).
Publication
The Berkeley Roundtable on the International Economy
Date
2020/08/25
Language
English
Short Title
BRIE Working Paper 2020-6 What Polanyi Teaches Us
Accessed
2022-08-25, 12:01 a.m.
Library Catalog
Citation
Eldred, Christopher. 2020. “BRIE Working Paper 2020-6 What Polanyi Teaches Us: The Platform Economy and Structural Change.” The Berkeley Roundtable on the International Economy.
Discipline
Publication year
Keywords
- platform economy
- welfare
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