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Platform Capitalism and the New
Value Economy in the Academy
Work in Progress: Susan L. Robertson
SUSAN L. ROBERTSON
‘Work in Progress’ Series
March 2nd, 2018Forthcoming….R. Gorur, S. Sellar
and G. Steiner Khamsi (eds.)
World Yearbook of Education
2019: Methodology in an Era of
Big Data and Global Networks,
London and New York: Routledge
…a new kind of firm
THE ORIENTATION OFTHE CHAPTER
 THE FOCUS OF THE WORLD YEAR BOOK
 MY CRITIQUE OF WORK ON COMPARISON AS A
METHODOLOGY SO FAR
 MY OWN CONTRIBUTIONS TO BIG DATA DRIVEN
GOVERNING
 WORK ON MARKET-MAKING REVEALED
EMERGENCE OF NEW ORGANISATIONAL
FORMS/FIRMS – PLATFORMS – AND HOW TO
STUDY THEM
CRITICAL COMPARISON
There are two main ways we can approach ‘comparison’. On
the one hand, we can ask: in what contexts is it useful, to
whom, and for what purposes? On the other, we can ask:
what does it tell us about the relationships between the
different contexts and outcomes, and what elements can be
identified as important, and why?
In is in this sense that comparisons can be made between
our explanations of the underlying causal processes and
mechanisms at work, their emergent properties, and
outcomes.
BeyondTropes: Making Platform
InfrastructuresVisible
“Terms like sharing, gig economy and the fourth industrial
revolution are tossed around, with enticing images of
entrepreneurial spirit and flexibility bandied about” (Srnicek,
2017: 1).
This has led critics to point to the danger of researchers
confusing ideology with scientific paradigm (van Dijck, 2014),
and fetishizing terms like algorithms, big data and platforms
(Thomas et al, 2018). In doing so it is too easy to fail to ask
questions like: What are platforms?
What are platforms?
 At its most basic, platforms are digital infrastructures which enable
two or more groups to interact with each other.
 The platform’s underlying intermediary logic is that it not only solves
coordination problems in market exchanges, but they offer the
possibility of multi-sided exchanges (not just buyer and seller) (Evans,
2003).
 A key advantage of the platform over more traditional forms of
business is that the platform is also as the ground on which the
activities of the users take place.
 A particular feature of platforms is that they produce and are reliant
on ‘network effects’ (Srnicek, 2017: 45).
Comparing…different kinds of platforms
 Langley and Leyshon (2016) distinguish between different types,
from online market exchanges to social media and user content,
the sharing economy, crowdsourcing, and peer-to-peer lending.
 My own approach - (not exhaustive) - to comparing platforms in
the academy is to describe particular purposes/processes of
knowledge production – for example, ‘curating knowledge’,
‘publishing knowledge’, ‘teaching and learning knowledge’,
‘professional profiles and employment’, ‘financing knowledge
creation and distribution’, and ‘quality of teaching and research’.
But platforms are also a new kind of firm!
Kornberger and colleagues (2017) - argue that platforms are different
to networks, hierarchies, and classical understandings of markets (as
two-sided). Platforms are best understood as infrastructures; that is
“…assemblages of technical artifacts, institutional arrangements and
cultural habits and social conventions” (2017: 85).
As infrastructures, they are relational, generative and evaluative.
An evaluative infrastructure is “…an ecology of devices that disclose
values of actions, events and objects in heterarchically organized
systems (such as the platform) through the maintenance of a protocol”
(Kornberger et al., 2017: 85).
Back to comparison as methodology
 By comparing the ecology of mechanisms (devices) in context
(a platform at a particular moment in time/space/society), we
can establish the basis for comparison at the level of
explanation and not at the level of events/experiences.
 This approach answers the question. How does it work to
create those effects, as well as who did it work for, and why?
Comparing platforms
 Purpose/Process
 Old Form
 New Form
 Political Economy
 Algorithmic Governance
 Accounting/Value
Comparing purposes
 Knowledge production purposes/processes:
 Curating knowledge
 Publishing knowledge
 Teaching and learning knowledge
 Professional profiles and employment
 Financing knowledge creation and distribution
 Quality of university teaching and research
A new value economy in the academy
 Platforms change the scope
and scale of knowledge
production – reach, new
connections, relations, value
 Different platforms have
different political
economies; those that are
proprietorial are particularly
interested in transactional
data
 There is a great deal of
experimentation in the
sector – some in search of a
business model
 All are dependent on a
particular evaluative
infrastructure – in some
cases drawing up from the
past.
The other value economy…
 Jasanoff (2017: 1) has recently observed, “…numbers and justice have
long kept company, as the paired words counting and accounting
attest”. However, this was largely the preserve of states. Today, with
the ubiquity of recording tools of all kinds, and the rise of non-state
actors, new questions emerge about visibility, interests and credibility.
 There is also a new urgency around what Jasanoff (2017: 6) calls civic
epistemology; ways of knowing that bring to the forefront the
question of political accountability. In my view this is an important
project for the academy, if it is to claim its place as a public institution
concerned with knowledge production, its circulation and
consumption in an era of platform capitalism.
Selected references
Gillespie, T. (2010) The politics of ‘platforms’, New Media and Society, 12 (3), pp. 347-364
Jasanoff, S., (2017) Virtual, visible and actionable: data assemblages and the sightlines of justice, Big Data and
Society, July-December, pp. 1-15.
Kornberger, M., Pflueger, D., and Mouritsen, J., (2017) Evaluative infrastructures: accounting for platform
organisation, in Accounting, Organisations and Society, 60, pp. 79-95.
Langley, P. and Leyshon, A., (2017) Platform capitalism: the intermediation and capitalisation of digital
economic circulation, Finance and society, 3 (1), pp. 11-31.
Srnicek, N., (2017) Platform Capitalism, Cambridge: Polity Press.
Steinmetz, G., (2004) Odious comparisons: incommensurability, the case study and ‘small N’s’ in sociology,
Sociological Theory, 22 (3), pp. 371-400.
Thankyou
slr69@cam.ac.uk
Member of
Culture, Politics and Global Justice
Research Cluster
https://cpgjcam.net
Faculty of Education
University of Cambridge

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Platform Capitalism and the New Value Economy in the Academy

  • 1. Platform Capitalism and the New Value Economy in the Academy Work in Progress: Susan L. Robertson SUSAN L. ROBERTSON ‘Work in Progress’ Series March 2nd, 2018Forthcoming….R. Gorur, S. Sellar and G. Steiner Khamsi (eds.) World Yearbook of Education 2019: Methodology in an Era of Big Data and Global Networks, London and New York: Routledge
  • 2. …a new kind of firm
  • 3. THE ORIENTATION OFTHE CHAPTER  THE FOCUS OF THE WORLD YEAR BOOK  MY CRITIQUE OF WORK ON COMPARISON AS A METHODOLOGY SO FAR  MY OWN CONTRIBUTIONS TO BIG DATA DRIVEN GOVERNING  WORK ON MARKET-MAKING REVEALED EMERGENCE OF NEW ORGANISATIONAL FORMS/FIRMS – PLATFORMS – AND HOW TO STUDY THEM
  • 4. CRITICAL COMPARISON There are two main ways we can approach ‘comparison’. On the one hand, we can ask: in what contexts is it useful, to whom, and for what purposes? On the other, we can ask: what does it tell us about the relationships between the different contexts and outcomes, and what elements can be identified as important, and why? In is in this sense that comparisons can be made between our explanations of the underlying causal processes and mechanisms at work, their emergent properties, and outcomes.
  • 5. BeyondTropes: Making Platform InfrastructuresVisible “Terms like sharing, gig economy and the fourth industrial revolution are tossed around, with enticing images of entrepreneurial spirit and flexibility bandied about” (Srnicek, 2017: 1). This has led critics to point to the danger of researchers confusing ideology with scientific paradigm (van Dijck, 2014), and fetishizing terms like algorithms, big data and platforms (Thomas et al, 2018). In doing so it is too easy to fail to ask questions like: What are platforms?
  • 6. What are platforms?  At its most basic, platforms are digital infrastructures which enable two or more groups to interact with each other.  The platform’s underlying intermediary logic is that it not only solves coordination problems in market exchanges, but they offer the possibility of multi-sided exchanges (not just buyer and seller) (Evans, 2003).  A key advantage of the platform over more traditional forms of business is that the platform is also as the ground on which the activities of the users take place.  A particular feature of platforms is that they produce and are reliant on ‘network effects’ (Srnicek, 2017: 45).
  • 7. Comparing…different kinds of platforms  Langley and Leyshon (2016) distinguish between different types, from online market exchanges to social media and user content, the sharing economy, crowdsourcing, and peer-to-peer lending.  My own approach - (not exhaustive) - to comparing platforms in the academy is to describe particular purposes/processes of knowledge production – for example, ‘curating knowledge’, ‘publishing knowledge’, ‘teaching and learning knowledge’, ‘professional profiles and employment’, ‘financing knowledge creation and distribution’, and ‘quality of teaching and research’.
  • 8. But platforms are also a new kind of firm! Kornberger and colleagues (2017) - argue that platforms are different to networks, hierarchies, and classical understandings of markets (as two-sided). Platforms are best understood as infrastructures; that is “…assemblages of technical artifacts, institutional arrangements and cultural habits and social conventions” (2017: 85). As infrastructures, they are relational, generative and evaluative. An evaluative infrastructure is “…an ecology of devices that disclose values of actions, events and objects in heterarchically organized systems (such as the platform) through the maintenance of a protocol” (Kornberger et al., 2017: 85).
  • 9. Back to comparison as methodology  By comparing the ecology of mechanisms (devices) in context (a platform at a particular moment in time/space/society), we can establish the basis for comparison at the level of explanation and not at the level of events/experiences.  This approach answers the question. How does it work to create those effects, as well as who did it work for, and why?
  • 10. Comparing platforms  Purpose/Process  Old Form  New Form  Political Economy  Algorithmic Governance  Accounting/Value
  • 11. Comparing purposes  Knowledge production purposes/processes:  Curating knowledge  Publishing knowledge  Teaching and learning knowledge  Professional profiles and employment  Financing knowledge creation and distribution  Quality of university teaching and research
  • 12.
  • 13. A new value economy in the academy  Platforms change the scope and scale of knowledge production – reach, new connections, relations, value  Different platforms have different political economies; those that are proprietorial are particularly interested in transactional data  There is a great deal of experimentation in the sector – some in search of a business model  All are dependent on a particular evaluative infrastructure – in some cases drawing up from the past.
  • 14. The other value economy…  Jasanoff (2017: 1) has recently observed, “…numbers and justice have long kept company, as the paired words counting and accounting attest”. However, this was largely the preserve of states. Today, with the ubiquity of recording tools of all kinds, and the rise of non-state actors, new questions emerge about visibility, interests and credibility.  There is also a new urgency around what Jasanoff (2017: 6) calls civic epistemology; ways of knowing that bring to the forefront the question of political accountability. In my view this is an important project for the academy, if it is to claim its place as a public institution concerned with knowledge production, its circulation and consumption in an era of platform capitalism.
  • 15. Selected references Gillespie, T. (2010) The politics of ‘platforms’, New Media and Society, 12 (3), pp. 347-364 Jasanoff, S., (2017) Virtual, visible and actionable: data assemblages and the sightlines of justice, Big Data and Society, July-December, pp. 1-15. Kornberger, M., Pflueger, D., and Mouritsen, J., (2017) Evaluative infrastructures: accounting for platform organisation, in Accounting, Organisations and Society, 60, pp. 79-95. Langley, P. and Leyshon, A., (2017) Platform capitalism: the intermediation and capitalisation of digital economic circulation, Finance and society, 3 (1), pp. 11-31. Srnicek, N., (2017) Platform Capitalism, Cambridge: Polity Press. Steinmetz, G., (2004) Odious comparisons: incommensurability, the case study and ‘small N’s’ in sociology, Sociological Theory, 22 (3), pp. 371-400.
  • 16. Thankyou slr69@cam.ac.uk Member of Culture, Politics and Global Justice Research Cluster https://cpgjcam.net Faculty of Education University of Cambridge