3 Matching Annotations
  1. Sep 2021
    1. Africanslavery lacked two elements that made American slavery the most cruel formof slavery in history: the frenzy for limitless profit that comes from capitalisticagriculture; the reduction of the slave to less than human status by the use ofracial hatred, with that relentless clarity based on color, where white wasmaster, black was slave.

      While we've generally moved beyond chattel slavery, I'm struck by the phrase frenzy for limitless profit that comes from capitalistic agriculture. Though we don't have slavery, is American culture all-too captured by the idea of frenzied capitalism to the tune that the average American (the 99%) is a serf in their own country? Are we still blinded by our need for (over-)consumption?

      Are we recommitting the sins of the past perhaps in milder forms because of a blindness to an earlier original sin of capitalism?

      Do we need to better vitiate against raw capitalism with more regulation to provide a healthier mixed economy?

    1. What happens to this graph when we overlay pure capitalism instead of a mixed economy? What if this spectrum was put on a different axis altogether? What does the current climate of the United states look like when graphed out on it. Which parts have diminished over the past 50 years with the decrease in regulation?

      four quadrant diagram of market goods, club goods, common goods, and public goods graphed along the axes of excludability and rivalry

      Some of these areas benefit heavily by government intervention and regulation.

      We need the ability to better protect both common and public goods.

      definitions:

      • rivalry: does use by one person physically preclude use by others?
      • excludability: do laws prohibit access to these goods?
  2. Dec 2020
    1. The company’s early mission was to “give people the power to share and make the world more open and connected.” Instead, it took the concept of “community” and sapped it of all moral meaning. The rise of QAnon, for example, is one of the social web’s logical conclusions. That’s because Facebook—along with Google and YouTube—is perfect for amplifying and spreading disinformation at lightning speed to global audiences. Facebook is an agent of government propaganda, targeted harassment, terrorist recruitment, emotional manipulation, and genocide—a world-historic weapon that lives not underground, but in a Disneyland-inspired campus in Menlo Park, California.

      The original goal with a bit of moderation may have worked. Regression to the mean forces it to a bad place, but when you algorithmically accelerate things toward our bases desires, you make it orders of magnitude worse.

      This should be though of as pure social capitalism. We need the moderating force of government regulation to dampen our worst instincts, much the way the United State's mixed economy works (or at least used to work, as it seems that raw capitalism is destroying the United States too).