By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 16/05/2026That wealth cushioned America's transition to oligarchy: for a while, the country could both "finance and billionaire parasites sucking its blood" *and* continue to invest in itself. 20/ 1301
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 16/05/2026But while you can double the wealth of a billionaire at the expense of a town or two, doubling the wealth of a centibillionaire requires the destruction of whole *regions*. 21/ 1439
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 16/05/2026As America looted itself into irrelevance, China - a very different kind of autocracy - invested in domestic capacity and domestic consumption. 22/ 1404
