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“Artnet said “two principals involved in the transaction” had told its reporter that “the work was whisked away in the middle of the night on MBS’s plane and relocated to his yacht, the Serene”.” #art #culture #royalty #markets
"This market-driven 'sustainable' vision of economic activity, ecological-conscious diets and 'hipness' within modern capitalism reinforce inequality and still hurt the environment."
Looking at these results, I find it interesting that a plurality (if not an outright majority) of people view healthcare/education/climate/infrastructure/inequality as key issues that necessitate reform within the next 30 years. At the same time, current policy proposals to address these issues are not taken seriously, or worse, are painted Studies like this expose the gap of political representation in America. We are hamstrung by both parties’ willingness to acquiesce to capital and paint mainstream views as fringe lunacy in a cynical effort to maintain the status quo. ...Read More
Revisiting Rob Horning’s Authenticity as Service: “The discourse of authenticity espoused by marketers posits a pretend space untouched by capitalism where social relations are “real” instead of mercenary. Since all interactions under capitalism are corrupted by generalized exchange, the only way to be “authentic” is to not interact with people. So naturally that’s what marketers sell ...Read More
The characteristic of the shift over the past half-century is that of a structural change that despite provoking a series of crises, has not been effectively addressed. The result has been a widespread increase in inequality, interlinked with stagnation or even a decrease of purchasing power and living standards for ...Read More
A very long but satisfying read on why the notion of <surveillance capitalism> is mistakenly took to mean another type of capitalism, different form the one we already have.
"Surveillance capitalism was invented by Google more than a decade ago when it discovered that the “data exhaust” clogging its servers could be combined with analytics to produce predictions of user behavior. At that time, the key action of interest was whether a user might click on an ad. The ...Read More
"For Mark Zuckerberg, WeChat is both his greatest challenge and the model for the future of his company. Zuckerberg has long wanted Facebook to be the operating system of our lives – at least for those who live outside of China. WeChat is what Facebook has yet to become. WeChat, ...Read More
"These days, if you use a smartphone or a credit card, it’s not difficult for a company to determine if you’ve just gone through a break-up, if you’re pregnant or trying to lose weight, whether you’re an extrovert, what medicine you take, where you’ve been, and even how you swipe 𝗬𝗼𝘂’𝘃𝗲 𝗽𝗿𝗼𝗯𝗮𝗯𝗹𝘆 𝗻𝗲𝘃𝗲𝗿 𝗵𝗲𝗮𝗿𝗱 𝗼𝗳 𝗺𝗮𝗻𝘆 𝗼𝗳 𝘁𝗵𝗲 𝗱𝗮𝘁𝗮 𝗳𝗶𝗿𝗺𝘀 𝗿𝗲𝗴𝗶𝘀𝘁𝗲𝗿𝗲𝗱 𝘂𝗻𝗱𝗲𝗿 𝗮 𝗻𝗲𝘄 𝗹𝗮𝘄, 𝗯𝘂𝘁 𝘁𝗵𝗲𝘆’𝘃𝗲 𝗵𝗲𝗮𝗿𝗱 𝗮 𝗹𝗼𝘁 𝗮𝗯𝗼𝘂𝘁 𝘆𝗼𝘂. 𝗔 𝗹𝗶𝘀𝘁, 𝗮𝗻𝗱 𝘁𝗶𝗽𝘀 𝗳𝗼𝗿 𝗼𝗽𝘁𝗶𝗻𝗴 𝗼𝘂𝘁. ...Read More
"In December, I converted my one-bedroom apartment in San Francisco into a “smart home.” I connected as many of my appliances and belongings as I could to the internet: an Amazon Echo, my lights, my coffee maker, my baby monitor, my kid’s toys, my vacuum, my TV, my toothbrush, a ...Read More
“Huge swathes of people, in Europe and North America in particular, spend their entire working lives performing tasks they secretly believe do not really need to be performed. The moral and spiritual damage that comes from this situation is profound. It is a scar across our collective soul. Yet virtually ...Read More
I get that there are a lot of naive people that don’t understand what capitalism means, but this is a naive and simplistic explainer of capitalism. #1 Socialism is just as “natural”. No one invented socialism either, the concept of the commons has existed longer then markets have. ...Read More