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A phase of capitalism where the primary source of value is not the production of goods but the exercise of control over people, data, and behavior. Control capitalism emerged from surveillance capitalism, algorithmic management, and platform dominance. Its giants are not factories but platforms that orchestrate behavior; its products are not objects but compliance, attention, and prediction. Control capitalism profits from reducing uncertainty—by locking users into ecosystems, by scoring workers, by pre‑empting dissent. It does not need to coerce openly; it nudges, shapes, and steers while leaving the appearance of choice intact. The result is a cage built from algorithms, terms of service, and convenience.
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