There's a truly comforting sociopathy snuggled inside capitalism ideology: if markets are systems for identifying and rewarding virtue, ability and value, then anyone who's failing in the system is actually unworthy, not unlucky; and that means the winners are not just lucky (and certainly not merely selfish), but actually the best and they owe nothing to their social inferiors apart from what their own charitable impulses dictate.
Pluralistic: They’re just trying to earn a buck (07 Oct 2025) – Pluralistic: Daily links from Cory Doctorow
Life as a prisoner of the neoliberal mind palace must suck: it's a world where every person who suffers under predatory business practices is a "consumer" who has "revealed a preference" for being screwed:
Pluralistic: Machina economicus (14 Apr 2025) – Pluralistic: Daily links from Cory Doctorow
"Homo economicus" is the hypothetical "perfectly economically rational" person that economic models often assume us all to be, despite the fact that we are demonstrably not perfectly rational.
Pluralistic: A world without people (05 Jan 2026) – Pluralistic: Daily links from Cory Doctorow
To be a billionaire is to be a solipsist – to secretly believe that (most) other people don't really exist – otherwise, how could you live with the knowledge that your farcical wealth and power springs from the agony you have inflicted on whole populations?
Le capitalisme de la finitude : pessimisme et bellicisme
Traduction française de « Capitalism of finitude: pessimism and bellicosity. Review of Arnaud Orain’s "Le Monde Confisqué" » de Branko Milanovic
Pluralistic: End-stage capitalism (04 Apr 2025) – Pluralistic: Daily links from Cory Doctorow
Karl Marx predicted that capitalism would eventually fail, torn apart by its own contradictions. He called the bourgeoisie, who epitomized these contradictions, capitalism's "grave diggers":
Harry Browne’s 17 Golden Rules of Financial Safety
When you read in the news that a person whom you know as rich and wealthy is in financial trouble or has declared bankruptcy, it is easy to feel a sense of futility about managing your own money. Y…
Pluralistic: Millionaire on billionaire violence (10 Aug 2025) – Pluralistic: Daily links from Cory Doctorow
For the past year, I've been increasingly fascinated by a political mystery: how has antitrust enforcement become a global phenomenon after spending 40-years in a billionaire-induced coma?
Pluralistic: Love of corporate bullshit is correlated with bad judgment (19 Mar 2026) – Pluralistic: Daily links from Cory Doctorow
I'm a writer, so of course I care about words! But I'm a writer, so I also think that words are improved by their malleability, duality and nuance.
Pluralistic: The billionaires aren’t OK (24 Sep 2025) – Pluralistic: Daily links from Cory Doctorow
Billionaires don't think we're real. How could they? How could you inflict the kind of vast misery that generates billions of dollars while still feeling even a twinge of empathy for the sufferer in your extractive enterprise. No wonder Elon Musk calls us "NPCs":
Pluralistic: Metabolizing the theory of “political capitalism” (06 Dec 2025) – Pluralistic: Daily links from Cory Doctorow
It's a strange fact that the more sophisticated and polished a theory gets, the simpler it tends to be. New theories tend to be inspired by a confluence of many factors, and early attempts to express the theory will seek to enumerate and connect everything that seems related, which is a lot.
Pluralistic: Sympathy for the spammer (15 Jan 2024) – Pluralistic: Daily links from Cory Doctorow
In any scam, any con, any hustle, the big winners are the people who supply the scammers – not the scammers themselves. The kids selling dope on the corner are making less than minimum wage, while the respectable crime-bosses who own the labs clean up. Desperate "retail investors" who buy shitcoins from Superbowl ads get skinned, while the MBA bros who issue the coins make millions (in real dollars, not crypto).
Pluralistic: Capital formation (14 Aug 2026) – Pluralistic: Daily links from Cory Doctorow
Funny thing about competition: there's both a pro-market and an anti-market case for a competitive system. https://pluralistic.net/2026/08/13/one-chokable-throat/#too-clever-by-half
Consumption, Debt, and Portfolio Choice: Testing the Effects of Bankruptcy Law
In the United States, consumer bankruptcy (Chapter 7 and Chapter 13) is designed to provide debtors a fresh start. Broadly speaking, after a household successfully files a bankruptcy petition, its unsecured debts are erased, but it must forfeit any assets above an exemption level determined by law. Laws regulating bankruptcy are a complex mix of state and federal rules. While the specific legal details are beyond the scope of this essay, in general, state laws set the exemption levels above which households forfeit assets; these range from exemptions as low as $75 to more than $100,000 (or, indeed, potentially unlimited levels).1
Pluralistic: Austerity creates fascism (13 Apr 2026) – Pluralistic: Daily links from Cory Doctorow
I'm worried about AI psychosis. Specifically, I'm worried about the psychosis that makes our "capital allocators" spend $1.4T on the money-losingest technology in the history of the human race, in pursuit of a bizarre fantasy that if we teach the word-guessing program enough words, it will take all the jobs. That's some next-level underpants-gnomery:
Pluralistic: The moral injury of having your work enshittified (25 Nov 2023) – Pluralistic: Daily links from Cory Doctorow
This week, I wrote about how the Great Enshittening – in which all the digital services we rely on become unusable, extractive piles of shit – did not result from the decay of the morals of tech company leadership, but rather, from the collapse of the forces that discipline corporate wrongdoing:
Giving Altruism a Bad Name
Effective Altruism’s metrics-driven model of philanthropy is elitist, condescending and — most damning of all — extremely ineffective.
