platform capitalism

noun

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.

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Meanings

nounplatform capitalism (uncountable)
  1. neologismuncountablebusinessA 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.

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

    2017 August 30, Nick Srnicek, “We need to nationalise Google, Facebook and Amazon. Here’s why”, in The Guardian
    2 more examples

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

    2015 June 6, Evgeny Morozov, “Where Uber and Amazon rule: welcome to the world of the platform”, in The Guardian

    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.

    2020 October 8, James Greig, “The pain of cinema closures isn’t just economic”, in The Guardian
Cite this entry
APA

platform capitalism. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/platform%20capitalism

MLA

“platform capitalism.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/platform%20capitalism. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “platform capitalism,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/platform%20capitalism.

Source: platform capitalism on Wiktionary, CC BY-SA 4.0.