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 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.