The way we measure the #economy hasn't changed in nearly a century. This methodology makes it very easy to miss the fact that life has gotten harder for the average American. Wall Street analysts at Citibank anticipated this over 20 years ago in a memo to wealthy clients […]
Chrematistics or accumulation without limit was the most important concept I ever learned about. It's not #greed per se, it's something much worse and it dominates our world. #capitalism #philosophy #misalignedmarkets #poliecon
medium.com/@misaligned-...
Chrematistics or accumulation without limit was the most important concept I ever learned about. It's not #greed per se, it's something much worse and it dominates our world. #capitalism #philosophy #misalignedmarkets #poliecon […]
(1/6) My blog #MisalignedMarkets turns one! I spent the year blogging about lots of topics: optimization, information asymmetry, risk, #AI but here are my most popular posts
A thread 🧵:
#blog #anniversary #economics #longthread
misaligned.markets/review-first...
(6/6) #Capitalism runs like a computer (and it's being hacked)
Markets under capitalism are an open system whose norms and protocols can be hijacked to create permanent structural advantages. Very similar to #exploits #vulnerabilities in #cybersecurity.
Because #capitalists institutions […]
(1/6) My blog #MisalignedMarkets turns one! I spent the year blogging about lots of topics: optimization, information asymmetry, risk, #AI but here are my most popular posts
A thread 🧵
#blog #anniversary #economics #longthread
https://misaligned.markets/review-first-year/
Excerpt from The End of Cybersecurity in Foreign Affairs. Economic incentives lead companies to not continuously patch software, passing on breach risk downstream.
Jen Easterly uses the phrase #misalignedmarkets to describe the current state of cyber. As a former #cybersecurity writer now running a blog called Misaligned Markets, I couldn't agree more! Companies are rewarded for externalizing costs (in every domain). In cyber […]
[Original post on zirk.us]
Check out the #misalignedmarkets glossary here: https://misaligned.markets/glossary/
#market #capitalism #economics
I've written a glossary and introductory page for my project #misalignedmarkets which is about how #market #capitalism is failing. Learn more about the ideas behind my writing here: https://misaligned.markets/start-here/
#economics #oligarchy #law #history #finance
The latest #misalignedmarkets post is about historical developments that are core to understanding what market capitalism is and how it works. https://misaligned.markets/contingencies-of-capitalism/
#history #finance #economics #markets #poliecon #capitalism
How do markets under capitalism see the world? As a bunch of seralized inputs. This capitalist “serialization” process isn't without complications, mainly it's brittle and easily hijacked. Read how the capitalist stack gets hacked.
https://misaligned.markets/capitalism-as-a-stack/
#json […]
Capitalism exists to label and serialize objects in the world to facilitate capital accumulation. Markets exist to distribute goods. There is a tension between the two, and battles have been fought over where to draw boundaries. This has fundamentally made market capitalism a metastable system […]
Capitalism exists to label and serialize objects in the world to facilitate capital accumulation. This is a very abstract metaphor, but the clearest way I've been able to begin to understand how those who already have capital use it to poke holes in markets […]
(3/3) Not only do the protocols of capitalism result in rules written and influenced by capital holders, but the rules are so gameable they create easily exploitable vulnerabilities.
The favored position of capital and the breaking of capitalist rules are fundamental to how capitalist systems […]
It wasn't until I started writing about data breaches that I understood market capitalism.
The best profit making opportunities exist when you find gaps between how the rules are supposed to work and how they actually work.
Even better, when you understand the legal system you can financialize […]
Capitalism is turning the world into a hijacked JSON document!?
In my latest post I explore how market captialism, like a computer network, is an open system whose users, resources, protocols, and infrastructure can be "hacked."
https://misaligned.markets/capitalism-as-a-stack/
#capitalism […]
Great example of Corporate “kungfu” as I call it in action. #misalignedmarkets #QT https://mastodon.online/@davidsirota/114037571255865160
