Re:Why does every company now want to be a platform?
by qeternity on Tuesday September 28, 2021 @10:08AM
(#28682961)
> And yeah, I would argue that most "platforms" do not render value equivalent to the cut they take
Fine, I won’t even debate you on that. But that is not economic rents.
What you term “linguistic subterfuge” is anything but. My whole point is that economic rents are not something up for linguistic interpretation. It is a well defined and studied concept, and it doesn’t mean what you think it does.
What you really mean is that platforms are expensive, in that the fee they charge is for their services is exorbitant. But that’s entirely different from economic rents.
Fine, I won’t even debate you on that. But that is not economic rents.
What you term “linguistic subterfuge” is anything but. My whole point is that economic rents are not something up for linguistic interpretation. It is a well defined and studied concept, and it doesn’t mean what you think it does.
What you really mean is that platforms are expensive, in that the fee they charge is for their services is exorbitant. But that’s entirely different from economic rents.