@DetroitDan if you were the plutocracy, there would not be a plutocracy!

or, more pessimistically, you'd be selected out of plutocracy while others willing to maintain it took up the mantle.

“while we have had plenty of technological advances in the past 25 years, we have also been constantly reminded of Kranzberg’s First Law of Technology: ‘technology is neither good nor bad; nor is it neutral.’” @davekarpf https://davekarpf.substack.com/p/the-curse-of-the-long-boom ht @jeffjarvis

@misc @futurebird wasn’t intended as a rebuke! there’s no need for detention!

@misc @futurebird less and less innocent every year… but more in the sense of jaded, disillusioned than in the sense of guilty, most of us.

@misc @futurebird we live there. my kid is in school there.

everybody’s dissin’ on x but i think there’s room for a porn / crypto scam promo site in the ecosystem.

i am very sorry about #SineadOConnor.

"This is what Patrick Ball from the Human Rights Data Analysis Group calls 'empiricism washing': take a biased procedure and feed it to an algorithm, and then you get to go and do more biased procedures, and whenever anyone accuses you of bias, you can insist that you're just following an empirical conclusion of a neutral algorithm, because 'math can't be racist.'" @pluralistic https://pluralistic.net/2023/07/26/dictators-dilemma/

[new draft post] If I were the plutocracy https://drafts.interfluidity.com/2023/07/26/if-i-were-the-plutocracy/index.html

@misc for an increasing number, the answer is no…

Instantly unlock special rates.

@Alon long way to go, and much with less top-inequality than other measures (eg low-wage catchup towards the middle). it’s good there’s some real progress. but we are very far from social democracy.

the competition is always, ultimately, to give. what can you offer?

“The World China Is Building” by #JacobDreyer https://www.noemamag.com/the-world-china-is-building

as profit margins expand and inequality of “labor compensation” grows (reflecting excess profit among capitalism’s smallest business, the human), the efficiency case for capitalism disappears.

half the case for capitalism is that it squeezes away persistent economic profit, or rents. (the other half is that pursuit of *necessarily transient* profit yields technical efficiencies and improvements.)

capitalism with persistent rents is just feudalism behind a thin curtain.

i guess we should refer to former employees as ex-x?

he really should have flattered himself in this regard and named it s.

of course the letter that actually characterizes it is Q.

@failedLyndonLaRouchite we are not surprised or naive. we are collecting evidence for things we understand but wish to change.

@failedLyndonLaRouchite we have all kinds of ways to afford great libraries without building institutions that admix useful research with reproduction of elite hierarchy and plutocracy. we have a state that can tax rather than fawn over the rich.

@failedLyndonLaRouchite maybe we don’t think of harvard and its role in society as such wonderful stuff. although i’m sure it can be wonderful for some of the people who are there.

another elephant curve… https://mastodon.lawprofs.org/@jvagle/110769470341098238