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Cory Doctorow criticizes left's failure to explain economic bubbles

Cory Doctorow argues that the left has failed to educate people about the material basis of economic bubbles and growth narratives. He criticizes the tendency to dismiss growth as an ideology of a tumor, instead of recognizing it as a rational, material phenomenon that can be understood and potentially short-circuited. Doctorow believes that by improving critical thinking skills regarding economic questions, individuals can better confront and address bubbles directly. AI

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Read on Mastodon — fosstodon.org →

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Cory Doctorow criticizes left's failure to explain economic bubbles

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  1. Mastodon — fosstodon.org TIER_1 English(EN) · [email protected] ·

    Cory Doctorow: "Not only is the personal net worth of the executives who’ve been compensated in stock coupled with that share price, but also your shares can be

    Cory Doctorow: "Not only is the personal net worth of the executives who’ve been compensated in stock coupled with that share price, but also your shares can be used to buy other companies if you’re growing. If you’re not, you’ve got to use money, which is hard to get, whereas yo…