The tragedy is not that Internet posters have played an elaborate and costly game of gotcha on Wall Street. It’s that the everyday business of Wall Street does that to the rest of us.
The Lessons of GameStop | Hedgehog Review
Rob Wijnberg on how the application of economic precepts to all aspects of life commercialized society, turning truth-seeking citizens into satisfaction-seeking consumers:
Nearly all major flows of information – from news to politics, from science to art – were subjected to the laws of public relations: aligned with target audiences and assessed on the basis of reach and revenues.
The economisation of our worldview, the market-based reframing of society, the commercialisation of information and the professionalisation of communication are the four pillars on which the new era rests: the era of truth as a product.
Truth is no longer given (premodern), found (modern) or created (postmodern), truth is sold.
Truth be sold: how truth became a product | The Correspondent
The Economist may be witty, it may be contrarian, it may be informative, but it is also implicated in many current problems. When markets speak for themselves, it turns out, they lack a culture of self-criticism.
The World The Economist Made | The New Republic
[T]here is nothing in the history of the exploitation of the West that indicates any great concern for the environment or for the renewability and sustainability of the economy. Nor for the labor force used for that exploitation. Those are all serious mistakes.
— Stegner, 1992
Intuit and H&R Block last year poured a combined $6.6 million into lobbying related to the IRS filing deal and other issues.
The American Tobacco Company, J.B. Duke, the Fourteenth Amendment, corporate private personhood, and the creation of the myth of the disruptive American entrepreneur by Harvard’s Research Center in Entrepreneurial History.
Debunking the Capitalist Cowboy | Boston Review
If you want the brass tacks of the problem described in Hedgehog Review’s “Wayward Leviathans How America’s corporations lost their public purpose,” read The Seattle Times’ “Flawed analysis, failed oversight: How Boeing, FAA certified the suspect 737 MAX flight control system.”
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