By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 06/05/2026Capitalism is supposed to run on risk: the risk of being overtaken by a competitor drives businesses to deliver better services more efficiently, thus producing a bounty for all. 9/ 1473
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 06/05/2026But capitalists really *hate* risk, hence the drive to monopoly: Mark Zuckerberg admitted, *in writing*, that he only bought Instagram so that he wouldn't have to compete with it ("It is better to buy than to compete" -M. Zuckerberg): pluralistic.net/2025/11/20/i... 10/pluralistic.netPluralistic: The long game (20 Nov 2025) – Pluralistic: Daily links from Cory Doctorow 3678
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 06/05/2026Capitalists hate capitalism, but they *love* feudalism. Feudalism's like capitalism: you have a ruling class that creams off the surplus generated by labor; but in feudalism, society is organized to protect *rents* (money from owning stuff) over *profits* (money from doing stuff). 11/pluralistic.netPluralistic: Yanis Varoufakis’s “Technofeudalism: What Killed Capitalism?” (28 Sep 2023) – Pluralistic: Daily links from Cory Doctorow 213046
Nick Phillips @nwp.bsky.social · 07/05/2026Revealed by how often we hear (in NZ, used to justify bad policy) "Investors need certainty"... 022
billionaires' crimes @billionairescrimes.com · 15/05/2026The FTC case added a chapter: he signed a consent decree to avoid a breakup, then violated it. $5B fine. The Instagram email is the clearest moment in a pattern that includes Myanmar, teen harm data, and biometric surveillance. billionairescrimes.com/dossiers/mar… 000
