- cross-posted to:
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- cross-posted to:
- [email protected]
The growing popularity of the “Bowie” bond — a security backed by royalties — may sound strange, but it’s nothing new. In treating songs like annuities, capitalists prove once again that nothing is too sacred, or silly, to be commodified.
The more I understand economics and the longer I live with it, the more capitalism seems like a death cult.
Extract all resources, concentrate all power, do war, collapse, repeat.
We were doing that well before capitalism was a thing. We learn from history that we don’t learn from history…
Some of the tech oligarchs are explicitly stating they want to do a paperclip machine.