By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 07/09/2026Decades later, Tomlin's phone company joke is a perfect distillation of modern management philosophy. 1461
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 07/09/2026As a famous NBER working paper showed, when a family business is handed over to a professional manager with an MBA, the company doesn't become more profitable overall; it just finds ways to pay its workers less: www.nber.org/system/files...nber.org 18530
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 07/09/2026That's why Tim Wu named this "the age of extraction." "Growth" no longer means "making something new that people want" - now it means "finding ways to take a larger share of the pie, even if that makes the pie smaller overall": www.wired.com/story/tim-wu...wired.comWelcome to Big Tech's ‘Age of Extraction’In his new book, antitrust scholar and former White House adviser Tim Wu argues that tech giants are bleeding you dry—and lays out a plan to stop them. 17819
