Structural Captivity
The condition of an object (or an institution, or a market) that cannot exit its current value framework without destroying the conditions that produce its value. Structural Captivity is the trap that luxury brands build for themselves through their own success.
The luxury conglomerate that has sold the same brand story for four decades is in Structural Captivity. It cannot pivot, cannot radically innovate, cannot admit that its heritage narrative has been exhausted, because its market capitalization depends on that narrative being credible. OAC operates outside this captivity because it never entered the framework that creates it: no stock listing, no edition economy, no brand story that requires perpetual maintenance.
The trap is built by success rather than by failure, which is what makes it hard to see from inside. Every decision that deepened the dependence was correct at the time and profitable when taken. Captivity is the accumulated position, not any of the moves that produced it, so there is no single error to point at and no obvious moment at which anyone should have stopped.
The diagnostic is the cost of telling the truth. An institution is captive when an accurate public statement about its own position would damage it more than the position does. At that point the narrative is being maintained rather than described, and maintenance is a recurring expense that rises as the gap widens.
It applies to objects as readily as to institutions. A unique work priced by a resale market that never examines it is held inside a system determining its value regardless of what the work is, and it cannot leave that system without losing the value the system assigns. That is the same condition at the scale of a single thing, and it is why the framework treats captivity as a structural relation rather than a corporate failing.