Meaning of platform capitalism | Babel Free

Definitions

A way of doing business that involves recruiting large numbers of people who work for themselves using the company's platform; for example, by facilitating ridesharing.

neologism, uncountable

Examples

“Some prominent critics even speak of “platform capitalism” – a broader transformation of how goods and services are produced, shared and delivered.”

“At the heart of platform capitalism is a drive to extract more data in order to survive.”

“The last 20 years has seen a decline in socialising[…] We are living in the era of platform capitalism, where you can do just about anything without leaving your home, and are in fact encouraged to do so.”

CEFR level