Discussion
"Surveillance pricing is rampant and getting worse all the time. During the Biden administration the FTC held hearings on the practice and developed a detailed, eye-watering record of all the ways that surveillance, combined with digital platforms that can alter prices for every visit by every customer, has resulted in a massive transfer from working people to wealthy investors:
https://pluralistic.net/2024/07/24/gouging-the-all-seeing-eye/#i-spy
"
— @pluralistic
"Surveillance pricing is rampant and getting worse all the time. During the Biden administration the FTC held hearings on the practice and developed a detailed, eye-watering record of all the ways that surveillance, combined with digital platforms that can alter prices for every visit by every customer, has resulted in a massive transfer from working people to wealthy investors:
https://pluralistic.net/2024/07/24/gouging-the-all-seeing-eye/#i-spy
"
— @pluralistic
"Surveillance pricing is rampant and getting worse all the time. During the Biden administration the FTC held hearings on the practice and developed a detailed, eye-watering record of all the ways that surveillance, combined with digital platforms that can alter prices for every visit by every customer, has resulted in a massive transfer from working people to wealthy investors:
https://pluralistic.net/2024/07/24/gouging-the-all-seeing-eye/#i-spy
"
— @pluralistic
But, while I am always happy to see favorite writer dress down the usual suspects, I see my role being to represent the #nonquant potential where numbers games are abandoned for just doing something for someone when you know it's good, and knowing that your investment of your time and effort in your community will pay you back, just not in quantified fiat.
I put Debt (by #Graeber) back in my rotation of nonfiction books (I always listen to several in parallel), and yeah it's what I remember. And yeah he's right about human nature.
And the role of the state, in modern #econ, to essentially just be the name on the note, can be easily swapped with digital identities now. And externalities could be accounted for, as well as innumerable social priorities monetary transactions erase. Like fairness. And equity. And eventual actual recompense.
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