Chokepoint Capitalism Quotes

“As William Deresiewicz points out in The Death of the Artist, “If you can only sell your product to a single entity, it’s not your customer; it’s your boss.”29”
― Rebecca Giblin, Chokepoint Capitalism: How Big Tech and Big Content Captured Creative Labor Markets and How We'll Win Them Back

“Business schools teach baby MBAs the same lessons: to avoid industries with high competition, to do what it takes to keep potential competitors out, and, if all else fails, to buy them up.17 Warren Buffett explains that, in business, he looks “for economic castles protected by unbreachable moats,”18 because “the products or services that have wide, sustainable moats around them are the ones that deliver rewards to investors.”19 That”
― Rebecca Giblin, Chokepoint Capitalism: How Big Tech and Big Content Captured Creative Labor Markets and How We'll Win Them Back

“That’s important for citizens the world over, not just in China. Because if there’s one thing we’ve learned in the last half dozen years, it’s that there’s no saying what kind of government we might end up with next.”
― Rebecca Giblin, Chokepoint Capitalism: How Big Tech and Big Content Captured Creative Labor Markets and How We'll Win Them Back

“The more you look, the more it seems that everything in the ad-tech stack is fraudulent: fake audiences firing fake clicks at fake videos on fake sites that suck real dollars out of advertisers’ accounts.”
― Rebecca Giblin, Chokepoint Capitalism: How Big Tech and Big Content Captured Creative Labor Markets and How We'll Win Them Back

“Legendary American guitarist Nile Rodgers says, “The music business is the only business where after you pay off the mortgage on the house, they still own the house. It does not make any sense. There is no other business on earth that does that. We pay back all the royalties, and they still own our property.”
― Rebecca Giblin, Chokepoint Capitalism: How Big Tech and Big Content Captured Creative Labor Markets and How We'll Win Them Back