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It’s Still Capitalism w/ Evgeny Morozov
The Dig
The Rise of Intangibles in the Global Value Chain
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Durrant uwrite argues that the rise of intangibles led to the emergence of four new types of rent. While workers are still being exploited in all the old capitalist ways, it is the new digital giants armed with sophisticated means of predation who benefit most. Durant: We should not be blind to the structural changes in how power is accumulated and how market powers exercised.
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