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
“It’s easier to imagine the end of the world than the end of capitalism,” wrote the literary critic Fredric Jameson. One of the hardest elements to imagine is what capitalism has done to our perception of time via clocks. It now seems embedded into our very psychology to view time as a commodity that can be spent or wasted.
Joe Zadeh • The Tyranny Of Time
As a society, we are so fully invested in capitalism, competition and algorithms that it’s almost impossible to pull ourselves out of the cycle to see a bigger pattern, which is that we have entire economies built upon our misery.
The enshittification of dating apps
Being an artist within an economic system that favors private property, capital accumulation, wage labor, a price system, and competitive markets belittles my practice into a hobby. I am an amateur with no artist statement, thesis show, or MFA. The money I invest in creating art is a temporary loan to myself that I feel pressured to repay quickly... See more
Cortney Cassidy • A soft manifesto
The unabated “creative destruction” of one kind of capital after another has only further increased the wealth of a few and done nothing to emancipate the overall collective creative spirit, which has remained stagnant. Today, almost every artistic effort inevitably (perhaps unknowingly) reinscribes the values of the ruling capitalist class.