By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 09/03/2026This is the stupidest (and most destructive) of all of billionaireism's cherished stupidities: that we live in a meritocracy, which means that whatever the richest people want must be right. 60/ 1202 0
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 09/03/2026It's a modern update to the doctrine of divine providence, which held that we can discern god's favor through wealth. The more god loves you, the richer he makes you. This *can't* be true, because *every single economic cataclysm in the history of the world was the fault of rich people*. 61/ 1194 0
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 09/03/2026Rich people gave us the 19th century's bank panics. They gave us the South Seas bubble. They gave us the Great Depression, and the S&L Crisis, and the Great Financial Crisis. They invented greedflation and created the cost of living crisis. 62/ 1144 0
