My central contention is that late capitalism not only accelerates the flow of capital, but also accelerates the rate at which subjects assume identities. Identity formation is inextricably linked to the urge to consume, and therefore the acceleration of capitalism necessitates an increase in the rate at which individuals assume and shed... See more
It’s interesting to think about how new generational consumer behaviors translate into new businesses. We’re seeing a slew of startups building better solutions to the housing crisis, the climate crisis, the education crisis. But there are also less obvious impacts from consumer behavior:
Venture has been a cottage industry for decades with a lot of participants who believe themselves to be the protectors and deliverers of innovation while sitting on one of the most under-innovated models that exists.
At events like last week’s PactDAO panel, there is a noticeably differentiated and nuanced conversation happening. Between the polarized cheerleading from crypto maximalists and the straw-manning from leftist tech skeptics, there is a cautious yet optimistic embrace of crypto as a frontier for constructive experiments, with plenty of design space... See more