Summary of Rebecca Giblin & Cory Doctorow's Chokepoint Capitalism - E-book - ePub

Please note: This is a companion version & not the original book. Sample Book Insights: #1 The culture market is a winner-takes-all system, in which a handful of people take almost all the rewards. This has always been the case, but now there is less and less to share. #2 The reason creative workers are receiving a declining share of the wealth generated by their work is the same reason all workers are receiving a smaller share-we have structured society to make rich people richer at everyone else's expense.
#3 Capitalism is supposed to be based on free markets, but markets have a natural tendency toward monopoly, destructive extraction, and rent-seeking. To keep those tendencies in check, governments have been forced to engage in vigilant stewardship of markets. #4 The culture market is a winner-takes-all system in which a handful of people take almost all the rewards. This has always been the case, but now there is less and less to share.