What are the grand dynamics that drive the accumulation…
Summary of Capital in the Twenty-First Century: by Thom…
Summary of Capital in the Twenty-First Century by Thoma…
Capital Cycles and AI
What is a capital cycle and why AI is building the mother of all capital cycles
Exocapitalism: economies with absolutely no limits
There is a touch of destiny with this one. We have real…
Billion Dollar PDFs
Documents that crystallized a narrative and moved billions of dollars of capital.
Why did capitalism begin in the West?
Culture, class, and the origins of capitalist development
Capital Must Seek Delight
Too few people are experiencing the delights and serendipity of AI, causing capital misallocation
Capitalism and the Death Drive
What we call growth today is in fact a tumorous growth,…
The AI Buildout and the Material Trap
Why Strategic Necessity, Physical Bottlenecks, and Unsettled Economics Are Forcing Capital into a Constrained System
Predictive Capital – Roads to terminal alienation, soil to server farm, reason to vibe
So-called ‘AI’ —more accurately: Predictive Capital— is the latest instrument in Capital’s apparatus of alienation. It steals our work, simulates our labour, reanimates our expression, autocompletes our thought, then pronounces us dead.
Mercantilisme et capitalisme de la finitude : aux origines de l’Empire Trump | Le Grand Continent
Les seigneurs de la Silicon Valley s'installent dans l'État américain : un nouveau pouvoir disrupte le libéralisme et la démocratie. Vivons-nous un moment inédit ? Il y a quatre cents ans, une start-up de la City – la Compagnie des Indes – se lançait déjà dans une entreprise de conquête mondiale similaire. Pour expliquer Trump et Musk, Arnaud Orain renoue avec les fils de cette histoire, en forgeant un concept : le capitalisme de la finitude.
The Moat or the Commons — Warman Notes
American capital financed AI on the assumption it would be the next great monopoly. Open-weight models are commoditizing the capability that monopoly was supposed to protect. The collision between the two now defines the direction of the U.S. AI industry — and the country.
Capital and CHI: Technological Capture and How It Structures CHI Research
This paper advances a theoretical argument about the role capital plays in structuring CHI research. We introduce the concept of technological capture to theorize the mechanism by which this happens. Using this concept, we decompose the effect on CHI into four broad forms: technological capture creates market-creating, market-expanding, market-aligned, and externality-reducing CHI research. We place different CHI subcommunities into these forms -- arguing that many of their values are inherited from capital underlying the field. Rather than a disciplinary- or conference-oriented conceptualization of the field, this work theorizes CHI as tightly-coupled with capital via technological capture. The paper concludes by discussing some implications for CHI.
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...
Hype, financial narratives, and self-fulfilling prophecies in surveillance capitalism
The rise of platforms has transformed our understanding of contemporary capitalism, with the critical literature describing how these firms leverage unprecedented digital powers to extract monopoly rents – perhaps even heralding a new form of Feudalism. This paper draws on the literature on financial narratives to examine the role that such stories play within the form of capitalism that they describe, and what this suggests for the role of “hype” in contemporary capitalism. The same stories that for critical scholars appear as menacing threats of “technofeudalism” or “surveillance capitalism” for investors appear as optimistic stories of promising future returns. By driving financial investments, narratives afford platforms very real social and political powers, enabling them to function as a form of self-fulfilling prophecies. The paper argues for a cultural inflection to the political economy of Big Tech – viewing capitalism as neither mechanistic nor rational, but as an expression of a complex interplay between narrative, technology, and economic power. This suggests the need for a critical hype studies, geared at deconstructing the narratives undergirding the technological waves of capitalist pursuits, and examining the broader role of hype in coordinating and directing flows of capital within contemporary financialized capitalism.
Welcome to the new age of geoeconomics
Tech, trade, finance and military policies are mingling in a manner not seen during the neoliberal era
Why Capitalism Requires Expanded Reproduction
A friend Nick wants to know why capitalism can only exist as expanded reproduction. In Volume II of “Capital,” Marx developed the diagrams for both simple and expanded reproduction. Why…
