Annie Lennox - by Robert Maplethorpe
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official daine visual archive
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YOU ARE THE REASON
Lint Roller? I Barely Know Her
cherry valley forever
todays bird

oozey mess
EXPECTATIONS
Mike Driver
Game of Thrones Daily

roma★
Color Me Curious

ellievsbear
RMH

Game Changer & Make Some Noise
macklin celebrini has autism
ojovivo
The Stonewall Inn
NASA
seen from United States

seen from Brazil

seen from Denmark
seen from United States

seen from United States
seen from United States

seen from Indonesia

seen from Malaysia

seen from United States
seen from Colombia
seen from United Kingdom
seen from United States
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seen from Saudi Arabia

seen from United States

seen from Kazakhstan
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seen from Belgium
@mostlysignssomeportents
Annie Lennox - by Robert Maplethorpe
Landhuis De Luifel (1924) in Wassenaar, the Netherlands, by Hendrik Wouda
Surveillance vs guillotines
If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
https://pluralistic.net/2026/08/11/tragedy-of-the-commoners/#piketty-snowden
In the summer of 2013, two esoteric, technical, incredibly important texts were published within weeks of one another: the first is the Snowden leaks, which revealed a system of global, pervasive digital surveillance; the second was Thomas Piketty's Capital in the 21st Century, a book about the economic inevitability (and political instability) of oligarchy:
https://memex.craphound.com/2014/06/24/thomas-pikettys-capital-in-the-21st-century/
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
https://pluralistic.net/2026/08/11/tragedy-of-the-commoners/#piketty-snowden
In 2013, it wasn't immediately apparent how these two works connected with one another, but in the years since, I've grown increasingly convinced that Snowden and Piketty can only be properly understood as describing two aspects of the same phenomenon.
Piketty's landmark volume was grounded in a detailed analysis of 300 years' (!) worth of global capital flows, painstakingly compiled by a large team of grad students from a massive set of heterogeneous records. The book's conclusion is the statement that "returns to capital exceed the rate of growth over the long term" (abbreviated as "r > g").
This may sound innocuous, but it is explosive. If r > g, then the most wealth will inevitably accumulate in the hands of people who start with the most wealth, irrespective of whether they do anything productive with that money. This means that the alleged heroes of the market system – the entrepreneurs who found and manage the firms that increase public prosperity – are doomed to play second fiddle to the mere plumbers of money, people who "contribute" by accumulating.
The starkest example of this in Capital 21C is Piketty's contrast between L'Oreal heiress Liliane Bettencourt (then the richest woman in the world) and Bill Gates, founder of Microsoft (then the most successful corporation in the world). Piketty compares the growth in the fortunes of Bettencourt and Gates over two periods: first, the period between Microsoft's founding and Gates' retirement as CEO; and second, the period after Gates's retirement from his executive role, when he became a mere investor, no longer an entrepreneur.
During that first period, in which Gates was founding and running the most successful corporation in the world, he accumulated less wealth than did Liliane Bettencourt, who did precisely nothing of value over that period. Bettencourt didn't even manage her investments – that was all handled by some very clever financial planners, lawyers and accountants. In other words: for Bettencourt, doing nothing at all produced more wealth as founding the most successful corporation in the world did for Gates. Bettencourt, a person who owned things, did better than Gates, a person who did things.
And then Gates retired. He stopped doing things and started owning things. He became an investor, whereupon he out-earned both Bettencourt and Gates-the-entrepreneur. Again, the market system allocated fewer rewards to the most successful person in the doing things business than it allocated to that same person once he quit that job and got into the owning things business.
Piketty shows that this holds true across markets and nations and eras: all other things being equal, the market system produces a class of hereditary aristocrats who command the world's capital and direct its deployment, despite never having done anything. The market's most lavish rewards do not go to its most productive participants, but rather, to those participants who have the good fortune to emerge from the luckiest of orifices.
Journalist Gil Durán argues that a small circle of Silicon Valley billionaires and venture capitalists have concluded that democracy is in t
Bill Text (2026-04-20) Corporate powers: political spending power. [Re-referred to Com. on B. & F.]
A reminder for Californian users -- we can do something about this! We have a bill going through our legislature which would limit tech corporations like crazy if it went through!
Frederick Peerenboom, aka Fritz the Nite Owl, 1978.
What’s up with Colorado Springs?
The Pikes Peak Region offers more than 55 area attractions, including trains, museums, parks, a zoo. It’s also known for hiking, outdoor activities and attracts thousands of visitors a year. So why couldn’t the motels survive?
Colorado Springs is one of those towns where I can explore (via Google Street View) for about 10 minutes and find about 10 dead motels in that span of time.
“Chladni figures” from 1787 created by German physicist and musician Ernst Chladni, showing nodal patterns made by drawing a bow along the edge of a sand-covered plate. More here: https://publicdomainreview.org/collection/chladni-figures-1787
More 'spring' cleaning and I can't believe I finally found this, over 40 years after it went missing -- my original copy of RuneQuest 2nd ed from 1980, the stand-alone softcover version with Luise Perrin/Perenne's cover art in color, by Steve Perrin & Ray Turney for Chaosium.
At some point ca 1984-85 I thought it was a good idea to tuck it into the back of an unlabeled folder behind some blank graph paper and an encounter I wrote pitting Sartar characters against Lunar Empire agents, across from some notes on heraldry and late 16th century fashion. There is a hint of flood damage here, minor discoloration of 2 corners of the back cover and almost unnoticeable paper wrinkling, but still looks pretty good for a used copy approaching 50 years old.
David Ellison is prepared to start moving Paramount out of California as soon as Oct. 1 unless the state's attorney general, Rob Bonta, agre
…WTF.
Surveillance vs guillotines
If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
https://pluralistic.net/2026/08/11/tragedy-of-the-commoners/#piketty-snowden
In the summer of 2013, two esoteric, technical, incredibly important texts were published within weeks of one another: the first is the Snowden leaks, which revealed a system of global, pervasive digital surveillance; the second was Thomas Piketty's Capital in the 21st Century, a book about the economic inevitability (and political instability) of oligarchy:
https://memex.craphound.com/2014/06/24/thomas-pikettys-capital-in-the-21st-century/
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
https://pluralistic.net/2026/08/11/tragedy-of-the-commoners/#piketty-snowden
In 2013, it wasn't immediately apparent how these two works connected with one another, but in the years since, I've grown increasingly convinced that Snowden and Piketty can only be properly understood as describing two aspects of the same phenomenon.
Piketty's landmark volume was grounded in a detailed analysis of 300 years' (!) worth of global capital flows, painstakingly compiled by a large team of grad students from a massive set of heterogeneous records. The book's conclusion is the statement that "returns to capital exceed the rate of growth over the long term" (abbreviated as "r > g").
This may sound innocuous, but it is explosive. If r > g, then the most wealth will inevitably accumulate in the hands of people who start with the most wealth, irrespective of whether they do anything productive with that money. This means that the alleged heroes of the market system – the entrepreneurs who found and manage the firms that increase public prosperity – are doomed to play second fiddle to the mere plumbers of money, people who "contribute" by accumulating.
The starkest example of this in Capital 21C is Piketty's contrast between L'Oreal heiress Liliane Bettencourt (then the richest woman in the world) and Bill Gates, founder of Microsoft (then the most successful corporation in the world). Piketty compares the growth in the fortunes of Bettencourt and Gates over two periods: first, the period between Microsoft's founding and Gates' retirement as CEO; and second, the period after Gates's retirement from his executive role, when he became a mere investor, no longer an entrepreneur.
During that first period, in which Gates was founding and running the most successful corporation in the world, he accumulated less wealth than did Liliane Bettencourt, who did precisely nothing of value over that period. Bettencourt didn't even manage her investments – that was all handled by some very clever financial planners, lawyers and accountants. In other words: for Bettencourt, doing nothing at all produced more wealth as founding the most successful corporation in the world did for Gates. Bettencourt, a person who owned things, did better than Gates, a person who did things.
And then Gates retired. He stopped doing things and started owning things. He became an investor, whereupon he out-earned both Bettencourt and Gates-the-entrepreneur. Again, the market system allocated fewer rewards to the most successful person in the doing things business than it allocated to that same person once he quit that job and got into the owning things business.
Piketty shows that this holds true across markets and nations and eras: all other things being equal, the market system produces a class of hereditary aristocrats who command the world's capital and direct its deployment, despite never having done anything. The market's most lavish rewards do not go to its most productive participants, but rather, to those participants who have the good fortune to emerge from the luckiest of orifices.
Journalist Gil Durán argues that a small circle of Silicon Valley billionaires and venture capitalists have concluded that democracy is in t
"Curtis Yarvin is definitely panicking and saying it's time to leave the country. But if you look at what he's saying underneath that, it's that Trump needs to go further - that Trump needs to be full authoritarian, full fascist and make it clear that this is no longer a democracy and that he won't be letting go of power, and that if he doesn't do that, there will be great punishment later for everyone who was involved in this. So it's an argument for being more extreme."
There’s a liquor store near my house that seems to be run exclusively by frat boys. They lovingly curate these bags, which I browsed today while “Oops I Did It Again” played through the store speakers. This is art to me, there is beauty everywhere for those with eyes to see it
The update everyone has been waiting for….
everytime i see this it makes me want to buy from them exclusively
Ukiyo-e woodblock, by the late Edo artist Utagawa Kuniyoshi (1798-1861), illustrating the legend of the “Sea Monk” or Umibōzu, a spirit in Japanese folklore. More here: https://publicdomainreview.org/collection/the-sea-monk-ca-1845
Surveillance vs guillotines
If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
https://pluralistic.net/2026/08/11/tragedy-of-the-commoners/#piketty-snowden
In the summer of 2013, two esoteric, technical, incredibly important texts were published within weeks of one another: the first is the Snowden leaks, which revealed a system of global, pervasive digital surveillance; the second was Thomas Piketty's Capital in the 21st Century, a book about the economic inevitability (and political instability) of oligarchy:
https://memex.craphound.com/2014/06/24/thomas-pikettys-capital-in-the-21st-century/
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
https://pluralistic.net/2026/08/11/tragedy-of-the-commoners/#piketty-snowden
In 2013, it wasn't immediately apparent how these two works connected with one another, but in the years since, I've grown increasingly convinced that Snowden and Piketty can only be properly understood as describing two aspects of the same phenomenon.
Piketty's landmark volume was grounded in a detailed analysis of 300 years' (!) worth of global capital flows, painstakingly compiled by a large team of grad students from a massive set of heterogeneous records. The book's conclusion is the statement that "returns to capital exceed the rate of growth over the long term" (abbreviated as "r > g").
This may sound innocuous, but it is explosive. If r > g, then the most wealth will inevitably accumulate in the hands of people who start with the most wealth, irrespective of whether they do anything productive with that money. This means that the alleged heroes of the market system – the entrepreneurs who found and manage the firms that increase public prosperity – are doomed to play second fiddle to the mere plumbers of money, people who "contribute" by accumulating.
The starkest example of this in Capital 21C is Piketty's contrast between L'Oreal heiress Liliane Bettencourt (then the richest woman in the world) and Bill Gates, founder of Microsoft (then the most successful corporation in the world). Piketty compares the growth in the fortunes of Bettencourt and Gates over two periods: first, the period between Microsoft's founding and Gates' retirement as CEO; and second, the period after Gates's retirement from his executive role, when he became a mere investor, no longer an entrepreneur.
During that first period, in which Gates was founding and running the most successful corporation in the world, he accumulated less wealth than did Liliane Bettencourt, who did precisely nothing of value over that period. Bettencourt didn't even manage her investments – that was all handled by some very clever financial planners, lawyers and accountants. In other words: for Bettencourt, doing nothing at all produced more wealth as founding the most successful corporation in the world did for Gates. Bettencourt, a person who owned things, did better than Gates, a person who did things.
And then Gates retired. He stopped doing things and started owning things. He became an investor, whereupon he out-earned both Bettencourt and Gates-the-entrepreneur. Again, the market system allocated fewer rewards to the most successful person in the doing things business than it allocated to that same person once he quit that job and got into the owning things business.
Piketty shows that this holds true across markets and nations and eras: all other things being equal, the market system produces a class of hereditary aristocrats who command the world's capital and direct its deployment, despite never having done anything. The market's most lavish rewards do not go to its most productive participants, but rather, to those participants who have the good fortune to emerge from the luckiest of orifices.
I have been saying for a while now, AI boosterism and investment is the 1% version of the dude in the woods with a bunker full of water purification tablets and baked beans. Both are trying to feel powerful in faces of threats they cannot control. To preserve their life style. But where the typical prepper finds security in cosplaying self sufficiency and isolation, the 1% finds it in survalence on a level undreamed by historical despots. No need to fear the plebs and the fury of revolution if every green shoot of redistribution can be nipped before it flowers. No need to fear nation states, when they can be made collaborators because they are weakened past the point of taxing you by the very withholding of tax to which you aspire.
546 words on “Once Is Enemy Action,” a science fiction novel about the origins of modern technofascism. (4161 words total) #dailywords