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Platform Capitalism, Big Data, and Data Ethics رأسمالية المنصات، البيانات الضخمة، وأخلاقيات البيانات

Author

Listed:
  • Jack Reardon

    (Professor of Economics, Hamline University, USA)

Abstract

According to Marshall, “economic conditions are constantly changing, and each generation looks at its own problems in its own way” (Marshall, 1920/1946, p. v). Our generation’s most formidable problems are climate change and platform capitalism. While climate change is upon us now, platform capitalism is already reconceptualizing our economy, forcing us to rethink economics, and to redefine basic terms like the firm, industry, market, monopoly, etc., that most of the economics profession has long taken for granted. This essay explores the ramifications of platform capitalism, which like climate change, is causing a lot of angst about our rapidly changing economy and whether (and if) we can adjust fast enough, never mind control it. After defining platform capitalism, the essay discusses its main characteristics, and how it differs from traditional markets (and firms). It then proceeds to discuss the origins of platform capitalism and the various solutions that have been proffered, while also offering questions for discussion, especially for Islamic readers. The essay also touches upon the urgent and concomitant need to reform economics education in this regard. وفقًا لمارشال، فإن "الظروف الاقتصادية تتغير باستمرار، وكل جيل ينظر إلى مشاكله بطريقته الخاصة" (مارشال، 1920/1946م، المقدمة، صفحة 5). إن من أعظم المسائل التي تواجهه جيلنا هي تغير المناخ ورأسمالية المنصات. أما تغير المناخ فإننا نواجهه حاليا، ولكن رأسمالية المنصات قد غير بالفعل تصور اقتصادنا، مما يجبرنا على إعادة التفكير في الاقتصاد، وإعادة تحديد المصطلحات الأساسية مثل المنشأة، والصناعة، والسوق، والاحتكار، ونحوها من المصطلحات التي تستخدمها الاقتصاديون منذ فترة طويلة من غير التفات ويعتبرونها من البديهيات. يستكشف هذا المقال تداعيات رأسمالية المنصات التي تسبب (تماما مثل تغير المناخ) الكثير من القلق بشأن سرعة التغير في اقتصادنا وهل يمكننا التكيف معها بسرعة كافية، بله السيطرة عليها. بعد تعريف رأسمالية المنصات، يناقش المقال خصائصها الرئيسية، وكيف تختلف عن الأسواق والمنشأت التقليدية. ثم ينتقل لمناقشة نشأة رأسمالية المنصات والحلول المختلفة التي تم تقديمها، مع تقديم أسئلة للمناقشة، خاصةً للقراء الإسلاميين. وتناولت المقالة أيضًا الحاجة الملحة (والضرورية بطبيعة الحال) لإصلاح تعليم الاقتصاد في هذا الصدد.

Suggested Citation

  • Jack Reardon, 2020. "Platform Capitalism, Big Data, and Data Ethics رأسمالية المنصات، البيانات الضخمة، وأخلاقيات البيانات," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 33(1), pages 59-69, January.
    • Handle: RePEc:abd:kauiea:v:33:y:2020:i:1:no:4:p:59-69
    DOI: 10.4197/Islec.33-1.4
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    Citations

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    Cited by:

    1. Mohammed Abdullah Omar Nasseef, 2020. "Ethics of Big Data: A Socio-Economic Perspective أخلاقيات البيانات الضخمة: منظور اجتماعي-اقتصادي," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 33(1), pages 91-98, January.
    2. Abdulkader Cassim Mahomedy, 2020. "Platform Capitalism – Boon or Bane to Society? رأسمالية المنصات – نعمة أم نقمة على المجتمع؟," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 33(1), pages 71-82, January.
    3. Syed Nazim Ali, 2020. "Big Data, Islamic Finance, and Sustainable Development Goals البيانات الضخمة، التمويل الإسلامي، وأهداف التنمية المستدامة," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 33(1), pages 83-90, January.

    More about this item

    Keywords

    Platforms; Platform capitalism; Capitalism; Islamic economics; Pluralism; Economics education; Rethinking economics; Power; Ethics. المنصات، رأسمالية المنصات، الرأسمالية، الاقتصاد الإسلامي، التعددية، تعليم الاقتصاد، إعادة التفكير في الاقتصاد، القوة، الأخلاقيات.;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate
    • D00 - Microeconomics - - General - - - General
    • D26 - Microeconomics - - Production and Organizations - - - Crowd-Based Firms
    • D49 - Microeconomics - - Market Structure, Pricing, and Design - - - Other

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