Polymarket is America, America is Polymarket

As the US celebrates its 250th birthday, prediction markets have already taken over—now they are coming for you

Prediction Marketing

The prediction market boom is liquidity extraction before a liquidity crisis.

Is Big Tech's AI Gamble Starting to Look Riskier? - Slashdot

The Washington Post looks at giant tech companies "feeding every available dollar into the cash-incinerating maw of AI machines." They warn "Tech superstars that once had oodles of cash left over at the end of each year are now flipping into the red..." [While optimists expect] huge corporate p...

I think Anthropic and OpenAI have found product-market fit

Anthropic are strongly rumored to be about to have their first profitable quarter. Stories are circulating of companies surprised at how expensive their LLM bills are becoming from usage by …

I think Anthropic and OpenAI have found product-market fit

Anthropic are strongly rumored to be about to have their first profitable quarter. Stories are circulating of companies surprised at how expensive their LLM bills are becoming from usage by …

Capitalism and the Death Drive

What we call growth today is in fact a tumorous growth,…

A Brief History of Neoliberalism

Abstract. Neoliberalism--the doctrine that market exchange is an ethic in itself, capable of acting as a guide for all human action--has become dominant in

Cryptocurrency 'market caps' and notional value

A naive equation works well when estimating the value of small quantities of popular crypto tokens, but it's also being used to estimate values of illiquid tokens and the market capitalization of all of crypto. Journalists are publishing misinformation and uncritically repeating these figures, helping to prop up the belief that crypto is a far larger industry than in reality.

Jefferies’ Chris Wood Warns of ‘Massive Capital Destruction’ From US AI Boom

The most likely long-term outcome of the AI boom will be massive capital destruction in the US, with market share going to cheaper open-source Chinese models, according to Jefferies Financial Group Inc.

Capitalism and Its Critics: A History

A Financial Times Most Anticipated Book of 2025A sweeping, dramatic history of capitalism as seen through the eyes of its fiercest critics. At a time when artificial intelligence, climate change, and inequality are raising fundamental questions about the economic system, Capitalism and Its Critics provides a kaleidoscopic history of global capitalism, from the East India Company and Industrial Revolution to the di...

Why Almost Everyone Loses—Except a Few Sharks—on Prediction Markets

A WSJ analysis shows a small number of accounts on Polymarket and Kalshi—often pros using data-driven algorithmic trading—take home most of the winnings.

The AI bubble isn’t new — Karl Marx explained the mechanisms behind it nearly 150 years ago

OpenAI CEO Sam Altman’s warning of an AI bubble highlights a deeper economic problem: capitalism is producing more capital than it can profitably invest.

Carlos E. Perez on Twitter / X

What exactly drives the late-stage capitalist US economy?https://t.co/ERU764NoC4— Carlos E. Perez (@IntuitMachine) May 28, 2026

The Invisible Protocol Thesis: Tomorrow's Crypto Unicorns

Following the introduction of any new disruptive innovation, there is always a speculative phase to a technology cycle as the market tries to size and time the market opportunity.

Why Founders Market Their Products Too Late

Founders predictably underestimate the importance of hiring marketers. Here’s why many startups don’t get round to marketing their product…