> Enshittification, also known as crapification and platform decay, is a pattern in which two-sided online products and services decline in quality over time. [...]
> platforms squeezing market participants on both sides.
Wasn't that chokepoint capitalism? [1] (i.e. controlling supply and demand IIRC)
From Cory Doctorow's original article [2], one might say that enshittification is the degradation of a platform that transforms it from being customer-centric to prioritizing profit extraction at the expense of user experience. I think that the definition has expanded to include other things non-platform, but I feel that that isn't too far a stretch. Nowadays, I might say that enshittification is just unchecked capitalism doing its thing (and we need to be protected from exploiting us).
But I do concede that Cory was indeed exploring some ideas on his original post [2] that may have made it to his book (and thus, are related to your definition):
> Amazon's monopoly (control over buyers) gives it a monopsony (control over sellers), which lets it raise prices everywhere, at Amazon and at every other retailer, even as it drives the companies that supply it into bankruptcy.
[0]: https://en.wikipedia.org/wiki/Enshittification
[1]: https://chokepointcapitalism.com/
[2]: https://pluralistic.net/2022/11/28/enshittificaiton/#relentl...
