{"resolved":true,"match_type":"uuid","source_type":"original_book","book_id":"d06b946b-6924-4f30-afbd-92f915edbae4","title":"State Platform Capitalism","author":null,"edition":null,"publisher":null,"year":null,"isbn":"9781009619714","requested_by":"printed_page","book":{"source_type":"original_book","book_id":"d06b946b-6924-4f30-afbd-92f915edbae4","id":"d06b946b-6924-4f30-afbd-92f915edbae4","uuid":"d06b946b-6924-4f30-afbd-92f915edbae4","title":"State Platform Capitalism","normalized_title":"stateplatformcapitalism","author":null,"edition":null,"publisher":null,"year":null,"isbn":"9781009619714","isbns":["9781009619714","9781009446594","9781009446587"],"parsed":true,"ai_readable":true,"document_type":"book","page_count":98,"navigation_url":"https://workshop.closeclaw.top/ai/book/d06b946b-6924-4f30-afbd-92f915edbae4","title_url":"https://workshop.closeclaw.top/ai/title/State%20Platform%20Capitalism","fixed_page_url_template":"https://workshop.closeclaw.top/ai/book/d06b946b-6924-4f30-afbd-92f915edbae4/page/{printed_page}","path_api_url_template":"https://workshop.closeclaw.top/api/ai/book/d06b946b-6924-4f30-afbd-92f915edbae4/page/{printed_page}","read_url":"https://workshop.closeclaw.top/api/ai/read/d06b946b-6924-4f30-afbd-92f915edbae4","page_url":"https://workshop.closeclaw.top/api/ai/books/d06b946b-6924-4f30-afbd-92f915edbae4/page","search_url":"https://workshop.closeclaw.top/api/ai/books/d06b946b-6924-4f30-afbd-92f915edbae4/search"},"page":{"printed_page":7,"pdf_page":12,"physical_index":12,"physical_index_base":0,"printed_page_status":"recognized","page_sha256":"2704d1779971962bf6b3413b320e251cb64c6202ce6ce8c0d541aabe106f46b7"},"chapter":"Cambridge Elements","content":"This points to an apparent tension between the emergence of a new state capitalism and the platformization of the global economy. On the one hand, states are reasserting their role as regulators and direct economic actors worldwide. But on the other hand, the world’s largest private platform corporations exercise control over the digital infrastructure upon which states’ power – and society at large – increasingly depends. By intermediating and governing relations, platforms ‘enclose markets’ within their boundaries in ways which appears to pose a threat to states’ political prerogative (Staab, 2024). How might we reconcile this purported rise of a new state capitalism with the simultaneous and unprecedented rise in private corporate power?\n\nOur core contention is that far from representing a contradiction, a confluence of interest between states and platforms has emerged. In the context of growing geopolitical hostilities, the United States and China increasingly instrumentalize platforms because their ability to enclose markets and exert regulatory power afford novel opportunities to exercise power. Meanwhile, platform firms’ ambition to expand their digital ecosystems and internationalize operations has become dependent upon states. Governments act as patrons that shield platform firms from regulatory measures in foreign jurisdictions, provide direct subsidies and other preferential forms of treatment, and are the source of lucrative contracts which fund innovation and investment. This is not to deny the tensions, sometimes significant, between digital platform firms and their home states. Nevertheless, we contend that these conflicts are closer to footnotes than headlines in the story we present – states increasingly attempt to secure the global power of ‘their’ digital platforms as a means to exercizing extraterritorial forms ofpower, while platform firms welcome sustained support from states to bolster and secure their international operations.\n\nThis symbiotic relationship between states and platform firms, in the context of growing geopolitical rivalry, animates the emergence of a new kind of global political economic competition. We introduce the concept of state platform capitalism (SPC) to identify and theorize this novel and emergent regime of competition: in which platform firms and states cooperate in their mutual attempts to achieve control over – and weaponize if necessary – the hardware and software that underpin exchanges within the global economy (Rolf and Schindler, 2023).\n\nClearly, not all states are equal in this global rivalry. Indeed, the two global centres of state platform capitalism today are the United States and China. This Element is about how their drive to platformize the world’s data flows has spilled over into a structure ofglobal competition, with states and platform firms playing distinct but complementary roles in this contest for supremacy. Platform competition looks quite different from traditional capitalist competition – it encompasses conflicts between ecosystems rather than conflicts for market share in particular product lines (Cennamo, 2021). Thus, state platform capitalist competition is fought out in ways and in spheres quite different from older forms ofmarket or geopolitical competition. Our purpose here is to identify how SPC competition operates, and with what consequences.\n\nState Platform Capitalism\n\n7","previous_page":6,"next_page":8}