The most selectively believed-in verse in the conservative catechism is the idea that "incentives matter."
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
Pluralistic: Process knowledge (08 Apr 2026) – Pluralistic: Daily links from Cory Doctorow
"Intellectual property" was once an obscure legal backwater. Today, it is the dominant area of political economy, the organizing regime for almost all of our tech regulation, and the most valuable – and most controversial – aspect of global trade policy:
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: IP can’t save you from AI (18 Aug 2026) – Pluralistic: Daily links from Cory Doctorow
You don't have to believe that AI "art" is any good (I don't), nor do you have to believe that AI "art" can be any good (I don't) to understand that the reason that the capital markets are putting trillions into AI is that they believe they can fire workers of every kind and replace them with AI:
Pluralistic: Google’s AI pricing plan (21 Jan 2026) – Pluralistic: Daily links from Cory Doctorow
Google is spending a lot on AI, but what's not clear is how Google will make a lot from AI. Or, you know, even break even. Given, you know, that businesses are seeing zero return from AI:
Pluralistic: The ordinariness of evil (19 Aug 2026) – Pluralistic: Daily links from Cory Doctorow
Maybe it seems weird that AI bosses won't stop publicly rending their garments about the terrible potential of their products, from the jobspocalypse that will ensue when AI can do our jobs better than us, to the impending moment when the word-guessing programs learn too many words, wake up and turn us all into paperclips.
Pluralistic: Market participation is exhausting (30 Mar 2026) – Pluralistic: Daily links from Cory Doctorow
We're a diverse species, cognitively speaking – different ways of thinking come more easily to some of us than others. I'm good at a lot of things, but I have terrible spatial sense. I can't parallel park or catch a ball, and I get lost so easily it's almost comical (it's a running joke in my family).
Power: A Primer for Perplexed Economists
Let's Assume an Unfettered Marketplace of Ideas! Or Actually, Let's Not.
Pluralistic: Model collapse (12 Aug 2026) – Pluralistic: Daily links from Cory Doctorow
One of my favorite rhetorical and analytical moves is joining things together (showing that two different, seemingly unrelated ideas are aspects of the same phenomenon) and taking them apart (resolving a paradox by demonstrating that what appears to be one, contradictory thing is actually two different things that have been lumped together).
Pluralistic: The web is bearable with RSS (07 Mar 2026) – Pluralistic: Daily links from Cory Doctorow
Never let them tell you that enshittification was a mystery. Enshittification isn't downstream of the "iron laws of economics" or an unrealistic demand by "consumers" to get stuff for free.
Pluralistic: Post-political (09 Jul 2026) – Pluralistic: Daily links from Cory Doctorow
There's plenty of reasons to be skeptical of centrists who bemoan "political polarization" and call for a politics that abandons the "tribalism of left and right."
Pluralistic: The worst possible antitrust outcome (03 Sep 2025) – Pluralistic: Daily links from Cory Doctorow
Last year, Google lost an antitrust case to Biden's DoJ. The DoJ lawyers beat Google like a drum, proving beyond a shadow of a doubt that Google had deliberately sought to create and maintain a monopoly over search, and that they'd used that monopoly to make search materially worse, while locking competitors out of the market.
"I've got an idea!" On pluralism and resisting deskilling
A ramble around plural knowledges, data and AI, inspired by the wisdom from friends and colleagues in Nairobi and watching The Pitt. Plus! a random picture of an elephant
#760: Gambling the future into existence
Plus: Cosmo for conservatives, AI;DR and being "agentic"
The Marginal Productivity Theory of Distribution : A Critical History
The Marginal Productivity Theory of Distribution (MPTD) claims that in a free-market economy the demand for a factor of production will depend upon its marginal product – where "marginal product" is defined as the change in total product that is caused by, or that follows, the addition or subtraction of the marginal unit of the factor used in the production process, with all other inputs held constant. From its inception in the early nineteenth century the MPTD has been claimed by some economists to be a solution to the ethical problem of distributive justice, i.e. to be a means of determining fairness in wages, profits, interest and rent. Other economists have rejected this ethical claim, but have seen the MPTD as a valid demand-side criterion in the determination of equilibrium and efficiency. This book argues that the MPTD is valid, neither as a normative theory of social justice, nor as a positive law of economics. It suggests that economics is yet to develop a satisfactory theory of distribution that is scientific in the quantitative or mathematical sense. Through a survey of the origin and subsequent evolution of the MPTD in the writings of over 50 contributors over 150 years, John Pullen presents a critical history of the concept. The book begins by examining the conceptual tools that have been deployed to facilitate this analysis of past contributions to the MPTD and then looks at various economists and their contribution to the debate including its supporters such as Wicksteed, Marshall, Wicksell and Stigler, and its critics such as Pareto, Hobson, Edgeworth, Adriance and Cassel.
Pluralistic: “Rights for robots” and the AI slavery fantasy (10 Jul 2026) – Pluralistic: Daily links from Cory Doctorow
While the AI bubble is primarily a material phenomenon (driven by the calculation that bosses are easy marks for a sales pitch that sees them replacing workers with software), there is an inescapable ideological component to it: the desire for a world without people in it: