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Open Sesame? The Paradoxical Development of C2C E-commerce in China.
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- Author(s): Li, Ju
- Source:
Review of Radical Political Economics; Summer2021, Vol. 53 Issue 2, p266-280, 15p- Subject Terms:
- Source:
- Additional Information
- Subject Terms:
- Abstract: In this article, I analyze the paradoxical development of consumer-to-consumer (C2C) e-commerce in China by investigating three dimensions in its ecosystem: the rent extraction of the platform capital, the labor-intensive mini-enterprises under the demand-driven supply chain of e-commerce, and the widespread commodification and dispossession. I argue that its development has deepened and broadened the exploitative relationship among various forms of labor and capital. To a great extent, although the largely unregulated development of e-commerce has created more employment and provided opportunities for some previously marginalized places and social groups, especially during the early stage, it has quickly engendered malicious competition, notorious counterfeiting, and shrinking profits and bankruptcy for mini-merchants and mini-entrepreneurs, while on top of that a few huge monopolistic e-commerce platform companies have arisen and expanded rapidly. JEL classification : O11, O33, O53, P21 [ABSTRACT FROM AUTHOR]
- Abstract: Copyright of Review of Radical Political Economics is the property of Sage Publications Inc. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
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