Capitalism
Blue Cross and Blue Shield began as nonprofits that insured all comers. But as big profit-seeking insurers targeted younger and healthier people, the Blues were left to insure the older and less healthy, which made it impossible for them to continue. They turned to making money. Now, private equity runs hospitals, into the ground.
Robert Reich • How private equity is destroying the labors of love
While serving a life sentence in jail, Kaczynski wrote a little-known sequel to his manifesto, entitled “Anti-Tech Revolution: Why and How”. In it he outlines his belief that all technologically advanced civilizations become trapped in fatal games before they learn to colonize space. This happens because industry is driven by competition, and
... See moreGurwinder • Why Everything Is Becoming a Game
Most analysts of capitalism, following nineteenth- and twentieth-century leads, have ignored the formation of “raw” materials, taking them for granted as capitalist resources. Yet these materials have their own genealogies of production outside the capitalist purview, and our recent awareness that capitalism is destroying Earth’s livability makes... See more
Anna Lowenhaupt Tsing • Salvage Accumulation, or the Structural Effects of Capitalist…




Now, the GoFundMe and DonorsChoose thing is closely related, but it gets its own throughline. These platforms emerge to seemingly supplement gaps in the public safety net for things like education and health care. But instead, they’re in a kind of enabling feedback loop: instead of your taxes ensuring that kids have desks and cancer patients can... See more