Rabu, 19 September 2012

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Modern Monopolies: What It Takes to Dominate the 21st Century Economy, by Alex Moazed, Nicholas L. Johnson

What do Google, Snapchat, Tinder, Amazon, and Uber have in common, besides soaring market share? They're platforms - a new business model that has quietly become the only game in town, creating vast fortunes for its founders while dominating everyone's daily life. A platform, by definition, creates value by facilitating an exchange between two or more interdependent groups. So, rather that making things, they simply connect people.

The Internet today is awash in platforms - Facebook is responsible for nearly 25 percent of total Web visits, and the Google platform crash in 2013 took about 40 percent of Internet traffic with it. Representing the ten most trafficked sites in the U.S., platforms are also prominent over the globe; in China, they hold the top eight spots in web traffic rankings.

The advent of mobile computing and its ubiquitous connectivity have forever altered how we interact with each other, melding the digital and physical worlds and blurring distinctions between "offline" and "online." These platform giants are expanding their influence from the digital world to the whole economy. Yet, few people truly grasp the radical structural shifts of the last ten years. In Modern Monopolies, Alex Moazed and Nicholas L. Johnson tell the definitive story of what has changed, what it means for businesses today, and how managers, entrepreneurs, and business owners can adapt and thrive in this new era.

  • Sales Rank: #15966 in Books
  • Published on: 2016-05-31
  • Released on: 2016-05-31
  • Original language: English
  • Number of items: 1
  • Dimensions: 241.30" h x .98" w x 6.36" l, .0 pounds
  • Binding: Hardcover
  • 272 pages

Most helpful customer reviews

4 of 4 people found the following review helpful.
Fun and intriguing read for those looking to learn about the business model that's taking over today's economy
By Morgan Citron
This is a fun and intriguing read for anyone who is looking to create their own startup or learn more about the business model that is taking over today's economy. Modern Monopolies explains how the economy is changing into an on-demand, sharing economy and how companies are evolving from linear business models to platforms. The book goes into great detail to explain the infrastructure behind the platform business model and how to form a successful platform. Each chapter has numerous stories about successes and failures of companies and the greater entrepreneurial lessons to learn from these stories. As a college business student, I found myself learning a great deal from this book about the emerging world of platforms and how to adapt and thrive in such an environment.

2 of 2 people found the following review helpful.
Pokemon Go Champion Teaches Us about the New Economy. Great Read for investors and entrepreneurs.
By NoMarketWorship
Moazed and Johnson write very clearly, it is relevant to the firms in the news and to the rise and decline of the members of the new economy.
What is hard to see given their vision is how profits are sustainably made in the sectors called the new economy.

When you read this book with the awareness that monopolies have always been associated with exploitation of consumers you learn to see clearly that the nature of market structure has changed in some of these sectors.

In the old days one firm providing to consumers could exploit their market power. That was harmful. It still is harmful in many markets (Medical insurance and pharma for instance) but there is now a new breed of market structures where so called network effects make it cheaper and more efficient if one service provider sits in the middle as matchmaker between buyers and sellers. It is an analogue to what was once called a natural monopoly in the economics profession. But there is an interesting dimension here in that while one firm may be the only firm in the market the position of that firm may be contestable (subject to competition to be replaced) by other entrants who are trying to provide a better service connecting buyers and sellers.

Contestable Markets where potential entrants discipline the pricing power of incumbent firms was explored by Baumol, Panzar and Willig years ago and this logic is relevant to what these authors are presenting. See their book at: https://www.amazon.com/Contestable-Markets-Theory-Industry-Structure/dp/015513910X/ref=sr_1_3?ie=UTF8&qid=1480726571&sr=8-3&keywords=robert+willig

So at one level the presence of one firm does not mean that their is exploitation of consumers going on necessarily. That is the difference between what they call a "Modern Monopoly" and what might be called a traditional monopoly.

The authors are practitioners but they also bring conceptual framework based on economic theory to their perspective. This book can be used by entrepreneurs and market participants to refine their strategy. It can also be used by investors who are trying to understand what drives profit in this sector and why the sector is so disruptive to traditional commerce (retail etc.)

It would be nice if in the paperback edition they add a section on so called Fintech that is disrupting the traditional branch banking business and the portfolio management world. There is a lot of inefficiency that can be rooted out of that parasitical system.

The paperback edition of the book might also give us an introduction to the platform structure of online gaming and its role in the future of education. That chapter should be easy for them to add given that one of the co-authors, Nicholas Johnson, is the first North American and Global winner of Pokemon Go.

1 of 1 people found the following review helpful.
Uber, AirBnB
By Michael Plasmeier
Modern Monopolies tells the story of online platforms - who are becoming powerful middlemen by facilitating transactions through their two-sided network. Uber, AirBnB, Ebay, Alibaba, and others don't operate any services themselves, but merely connect consumers to suppliers. By signing up and connecting the two sides they are building zero marginal cost businesses while taking advantage of dynamics which lead to one dominant platform in a market. The value grows as the number of connections increase.

However, setting up a new platform is not a build-it-and-they-will-come overnight success. Platforms need to be properly structured, offer the right features, and change and adapt over time. The best platforms have pivoted many times in their history. Facebook and Twitter are almost unrecognizable from their original incarnations, as they have shifted and adapted to changing trends.

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Selasa, 18 September 2012

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Until I set out on my guided journey, I had worked various jobs and spent three years as a student in two Universities. Years earlier I had expressed the wish to know as much as possible while on this planet. I had assumed that I would glean this knowledge from books, teachers, videos and movies. Assumptions, projections into the future while not knowing if they would or would not materialize, became one of the mental configurations I had to let go of. Why did I not embark on my journey earlier? I did not volunteer for this quest. When I became aware of the corruption that influenced major decisions in government (I worked as an editor on geological reports at the time), decisions that were made contrary to the people’s collective well-being, it prompted me to throw in the societal towel. Nobody could convince me to continue to contribute my gifts and abilities to a system that benefited a handful of misguided people. Without a goal or purpose other than my intent to withdraw myself from the collective insanity, I figured I would die shortly. There was nobody to care for or support me! Little by little, I came to understand how to fight for and regain my freedom from the matrix, and guide others who were pointed out to me. Rather than spending time in ashrams, yoga, meditation or spiritual centers, I hoofed it alone through nature and the cities of Europe as well as the United States with direct communications from my Higher Self and other aspects of Self in the timeless zones. Being my own (spiritual) home, clearly indicated in my natal astrological Signature that I chose for this incarnation, over time it mattered not if I rested my head on a rock, in a jail cell or in a castle. My mother’s controlling behavior pattern inspired me to observe others as to discover that there are instigators who apply invisible, electronic means of controlling the population, such as putting people in a trance to make them do things they normally would not consider doing. Hardly capable of remembering or even understanding what it is they are doing in a dream-induced state, it is impossible for the controlled humans to even take responsibility for their own actions, a necessity on the road to Freedom! With my mother as a role model, initially I adopted most of her pattern. It became the reason for me to tackle and eliminate that pattern to become the true individual I longed to BE. My choice of labeling those who tried to derail me, the Simultaneous Spirit Suppressors, is based on their hive-mind behavior. That type of behavior has been taken on by many different types of simultaneous spirit incarnations, including such individuals as those who suffer from Asperger’s syndrome, or different types of so-called autism, etc. or anyone who is a habitual TV watcher. I used the SSS delineation to differentiate the sequential incarnation from the simultaneous incarnation. The SSS identification is not intended to be an 'all-inclusive' label, or to pertain to behavior patterns as displayed by less mature simultaneous incarnations. For me, the only way to be able to perceive what is really going on in the world is through doing inner work, sweep out the vibrational cobwebs or veils to build up inner strength. Progressively, when my inner battle between the mind and the spirit subsided into a surrender to my Higher Self, I perceived the world differently. Knowledge is earned and wisdom is learned. Applying that knowledge in many situations has shown me many new insights. After my surrender in 1991, with John, a more Advanced aspect of my Higher Self, taking over the reins, I lived according to the natural laws as described in The Handbook for a New Paradigm.

  • Sales Rank: #6022348 in Books
  • Published on: 2015-08-27
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.00" h x .96" w x 6.00" l, 1.25 pounds
  • Binding: Paperback
  • 424 pages

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0 of 0 people found the following review helpful.
Five Stars
By Amazon Customer
Google thoughtful great art work

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Senin, 10 September 2012

[G353.Ebook] Download Psychological Assessment and Theory: Creating and Using Psychological TestsFrom Brand: Wadsworth Publishing Co Inc

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Book by Robert M. Kaplan

  • Sales Rank: #2644442 in Books
  • Brand: Brand: Wadsworth Publishing Co Inc
  • Format: International Edition
  • Original language: English
  • Dimensions: 9.21" h x .94" w x 7.36" l, .0 pounds
  • Binding: Paperback
Features
  • Used Book in Good Condition

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Sabtu, 08 September 2012

[Q287.Ebook] Free PDF Essential Elements 2000 for Strings - Book 1 - Cello - BK+CDFrom Hal Leonard

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Essential Elements 2000 for Strings Volume 1 Cello

  • Sales Rank: #691120 in Books
  • Brand: Hal Leonard
  • Dimensions: 1.00" h x 9.00" w x 12.00" l, .50 pounds
  • Binding: Sheet music
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  • Hal Leonard Model#00868051

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0 of 0 people found the following review helpful.
Five Stars
By Crow
5stars

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Excellent very beginner book
By A. Nony Moose
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Great Even For Adults
By B W Gardner
I got this as I'm learning to play the cello at the young age of 60+. It was recommended by my teacher, who is a professional cellist. It goes slow enough that anyone can follow the lessons.

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Kamis, 06 September 2012

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[(Sobre La Escritura: Conversaciones En El Taller Literario)] [Author: Jorge Luis Borges] published on (June, 2007), by Jorge Luis Borges

  • Published on: 2007-06-05
  • Binding: Hardcover

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