Edge Effect

25th September, 2017

On experts, empires, privilege, and elites.

The terrorists of capitalism

We’re being devoured by people infected with the Damnable Trinity of capitalism, white supremacy, and kyriarchy. They are munching on people’s bones and baying to those infernal gods while our blood drips down their faces. It’s like Fenrir swallowing the Sun, except it’s their gratuitous greed and empathy-void, single-mindedness devouring our planet and our species in violent, strong-armed swoops. This while they have the audacity to scold us with lies about having ‘earned it’. This, while having the arrogance to say that their wealth means they outworked us all.”

via Alexis Morgan

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The unfairness of digital markets

It is becoming increasingly apparent that widespread deployment of algorithmic tools can intensify, rather than reduce, the chasm between the wealthy and the vulnerable. This is the issue Ezrachi and Stucke address as behavioural discrimination. With ever-increasing hoards of data, firms can engage in near-perfect dynamic price discrimination, flipping our attributes, likes and fancies into individually enclosed and tailored worlds. Overall, they argue, this is corrosive to social welfare, because the more vulnerable among us end up paying more. The authors’ assessment of where this is heading is of the most sober kind: absent legal intervention, perfect discrimination will likely become the new norm… In the digital world – and indeed the physical one into which the ruling class of platforms and super-platforms are rapidly encroaching – it seems it is the law of the fist that reigns supreme. And for us, as consumers and as citizens, it is “a descent from king to slave on the data treadmill”.

via times higher education

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The superficiality of elite identity

Given that this class’s identity depends on a form of consumption that revolves around the display of cultural capital, it’s unsurprising that so much of the elite’s intellectual and political life is merely gestural… The cultural “products” that [hold] particular prestige for the educated elite—HBO dramas, TED Talks, podcasts, documentary films—are consistent with the gestural (one might say lazy) nature of elite intellectual activity. Consuming these products… Listening to a podcast or watching a TED Talk certainly exhibits and enhances cultural capital, but those are merely acts of passive consumption, rather than of intellectual and aesthetic engagement.”

via The American Conservative

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The whiteness of artisanal culture

The character of craft culture, a special blend of bohemianism and capitalism, is not merely overwhelmingly white — a function of who generally has the wealth to start those microbreweries and old-school butcher shops, and to patronize them — it consistently engages in the erasure or exploitation of people of color whose intellectual and manual labor are often the foundation of the practices that transform so many of these small pleasures into something artful. A lie by omission may be a small one, but for a movement so vocally concerned with where things come from, the proprietors of craft culture often seem strangely uninterested in learning or conveying the stories of the people who first mastered those crafts.”

via eater