Who really owns your iPhone?
From our UK edition
Give a man a fish, and you feed him for a day. Teach a man to fish, and you feed him for a lifetime. Rent the man a spot on the river, and make him tick a box on a multi-thousand-word end-user licence agreement meaning that any fish he catches, ultimately, still belongs to you, and you stand to get very, very rich indeed. We live in an age where stuff we think we own is, really, stuff to which we subscribe This is the business model that now dominates the digital age. Neo-feudalism, technofeudalism, chokepoint capitalism: it gets called all sorts of things, but the basic idea it has in common is that the rules of property ownership, as we have tended to understand them for most of the history of capitalism, are shifting under our feet. We think we’re buying products.