iiinova — where your digital self keeps evolving

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By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 07/05/2026

So you will be required to convert your savings into chips at the stock market casino where you're up against professional players who hold all the cards: www.newsweek.com/major-social... 48/

newsweek.com

Major Social Security Change for Millions Proposed to 'Build Wealth'

Larry Fink argued that the nearly century‑old program provides stability but fails to help Americans build long‑term wealth.

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By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 07/05/2026

Annihilating a third of the stock market will have severe knock-on effects, even though the median US worker only has $955 saved for retirement: finance.yahoo.com/news/955-sav... 49/

finance.yahoo.com

$955 saved for retirement? Millions are in that boat.

The typical American worker has less than $1,000 saved for retirement, according to a new report from the National Institute on Retirement Security (NIRS).

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By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 07/05/2026

Because wiping out the life's savings of everyone else will tank consumption for a generation. Retirees who have to sell their family homes to pay their medical bills won't be buying breakfast at the local diner or catching a Tuesday night movie. 50/

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