Digital platforms: monopoly capital through a classical-marxian lens

Ramaa Vasudevan

Cambridge Journal of Economics, 2022, vol. 46, issue 6, 1269-1288

Abstract: The classical-marxian conception of capitalist monopoly, based on restrictions to capital mobility arising from production conductions and property rights rather than oligopolistic market structure, is a fruitful way of approaching the implications of the pervasive spread of modern corporations—what has been termed the stage of Monopoly Capital. The relevance of the classical-marxian conception of ‘capitalist monopoly’ in the context of new technology is investigated by applying it to the monopoly exercised by contemporary digital platforms, with a specific focus on Google (Alphabet), Amazon and Facebook.

Keywords: Monopoly; Digital platforms; Classical-marxian tradition; Monopoly capital (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (3)

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