Volume may be up, but creativity is down – and at the risk of shocking the army of selfie shooters, I have to tell you that this is by design. Our supposed acts of creativity are just another node in corporate production. Such is the real tragedy of the death of Kodak: it exposes the devil's pact between our own narcissism and the brutal business... See more

It is actually a story we in the news media find dispiritingly familiar: the collapse of your business comes not when nobody is interested in your domain, but when interest is high yet you can't make the numbers work. As with the death of print media, the death of photography – not just analogue photography but also high-end digital, where profits... See more

Kodak's demise, said the bankruptcy judge this week, was "a tragedy of American economic life" – and it is even truer than he realizes. More than 50,000 retirees have seen their pensions slashed if not totally eliminated; shareholders were wiped out, while creditors will be getting four or five cents on the dollar. An entire city, Rochester, New... See more