We’re all suffering under capitalism. There are lots of efforts out there to shift the world to a better place. And yet, it doesn’t yet feel like enough, at least to me. So I want to start logging what I’m seeing out there in the world, so far as fighting back. I know it’s there. Hell, I know a lot of people doing the actual work. I take small steps in my own life to help create a more just world. But I truly feel like we’re on the cusp of something different. As Saul Williams opened with when I saw him last year, we are the death doulas of empire.
The Joy of Becoming Worthless…except to each other — Douglas Rushkoff
My last piece, The Intentional Collapse, seems to have agitated a few people. I know it came off a bit dark. I talked about how the Uber wealthy believe the world as we know it is ending and that there won’t be enough essential resources to go around, so they need to take control of as much money and stuff and land as possible in order to position themselves for the end of days.
Why The Rich Think The Poor Are Lazy
How will we pay for it? – Victorian Socialists
We live in a rich state, yet resources are unevenly shared. We want to tax the wealth of the billionaires and banks. This wealth should fund essential services.
Exocapitalism: economies with absolutely no limits
There is a touch of destiny with this one. We have real…
Hope in Common
We seem to have reached an impasse. Capitalism as we know it appears to be coming apart. But as financial institutions stagger and crumble, there is no obvious alternative. Organized resistance appears scattered and incoherent; the global justice movement a shadow of its former self. There is good reason to believe that, in a generation […]
Is Inequality Inevitable?
Wealth naturally trickles up in free-market economies, model suggests
Systems: How the Ultra-Wealthy Think About Money - Anil Dash
A blog about making culture. Since 1999.
The Everywhere Millionaire: Who Is Really Rich in America and How They Got There
From two leading economists comes a groundbreaking new portrait of the hidden fortunes of Main Street business owners—ordinary Americans who built extraordinary wealth and are quietly rewriting the rules of money and power. Most people think the path to great wealth runs through Wall Street or Silicon Valley. We’re told you must be a Zuckerberg, a Musk, or a Jamie Dimon to get rich. But this story is wrong. Drawing on unprecedented data from a decade of research and vivid real-life stories of entrepreneurs—from a self-made hot-dog stand billionaire to the heirs of an auto dealer—Zidar and Zwick reveal a surprising truth: prosperity is more attainable, more widely distributed, and closer to home than we imagine. A multitude of Americans have built staggering fortunes by running often unglamorous businesses far from the spotlight. A quiet revolution in the business world—the rise of “pass-through” firms like S-corporations and partnerships—supercharged this wealth, channeling vast income directly to business owners rather than traditional corporations.Part economic detective story, part roadmap to riches, this book reveals: —The Hidden 1%: They might be a local beer distributor, a dentist with a regional network of practices, a commercial HVAC contractor with trucks around town, or a restaurateur who keeps opening new locations. For every public company CEO, more than a thousand private business owners each have transformational wealth.— The Blueprint for Wealth: Zidar and Zwick describe where Main Street Millionaires come from, how they grew rich, and how much money they make. Their stories suggest the American Dream is not dead and many paths to prosperity remain open today. — Power Brokers: Armed with their fortunes, Main Street Millionaires wield power in city halls, statehouses, and Washington, often bending policy to protect what they’ve built. They are both growing the economic pie and grabbing bigger slices for themselves.The Everywhere Millionaire celebrates the stories of entrepreneurs who seized opportunities while asking hard questions about how concentrated wealth and power shape society. It is an essential guide to seeing the economy as it really is and recognizing the surprising paths to prosperity—and influence—everywhere.
Preface | The World After Capital
Since publishing the previous version of The World After Capital, I have met with people across the political spectrum to discuss the ideas from the book. When I present these in person, I emphasize that the ideas are neither left nor right but forward (credit to Scott Santens who first used this phrase about Universal Basic Income). My writing, however, at times has alienated readers who identify as being more on the right. In this new edition, I am therefore making an extra effort to emphasize how both my diagnosis of where we are at and my suggestions for how to move forward do not map onto the existing political divides. Instead this is a new way of understanding our challenges and opportunities that can be the basis for movements and parties that are not trapped in Industrial Age ideology.
Global Inequality — Harvard University Press
Winner of the Bruno Kreisky Prize, Karl Renner InstitutA Financial Times Best Economics Book of the Year An Economist Best Book of the Year A Livemint Best Book of the YearOne of the world’s leading economists of inequality, Branko Milanovic presents a bold new account of the dynamics that drive inequality on a global scale. Drawing on vast data sets and cutting-edge research, he explains the benign and malign forces that make inequality rise and fall within and among nations. He also reveals who has been helped the most by globalization, who has been held back, and what policies might tilt the balance toward economic justice.“The data [Milanovic] provides offer a clearer picture of great economic puzzles, and his bold theorizing chips away at tired economic orthodoxies.”—The Economist“Milanovic has written an outstanding book…Informative, wide-ranging, scholarly, imaginative and commendably brief. As you would expect from one of the world’s leading experts on this topic, Milanovic has added significantly to important recent works by Thomas Piketty, Anthony Atkinson and François Bourguignon…Ever-rising inequality looks a highly unlikely combination with any genuine democracy. It is to the credit of Milanovic’s book that it brings out these dangers so clearly, along with the important global successes of the past few decades.—Martin Wolf, Financial Times
From Code To Cash: Stack Overflow Co-Founder Jeff Atwood’s Unorthodox Path To Philanthropy
The more I looked at it, the more I thought the money should be actually out there working to make the world better in some form.
Jordan van den Lamb – Victorian Socialists
Melbourne is run for the rich. Property developers, banks and big corporations make a killing while working-class people are forced to choose between housing, food and healthcare.
Decent Infrastructure in an Authoritarian World
What would it take to build economic infrastructure that doesn’t reproduce the value capture we’ve all been trying to escape? A concept paper from Holo Ventures.
"ATProto could usher in one of the largest redistributions of wealth in modern history" is an eye opening and not unrealistic claim to make if we all make this thing work.
Exploring the Frontier of Feeds - The Open Garden
jshaked.leaflet.pubif there's one conclusion that the study of both labor history and imperialism converge on, it is that the richest people in the world are happy to burn money on control, power, impunity. and the "everything is about profit" version of anti-capitalism does not survive serious contact with either
Leonard Pierce
Adding to this thread: it’s a common mistake (I’ve made it myself, many times) to think of the motivations of the capitalist elites as essentially mercantilist: that is, that they are largely still motivated *entirely* by profit and loss, selling product, etc. This has not been true for a while.
