Discover and read the best of Twitter Threads about #surpluses

Most recents (4)

This week on my #podcast, I read #Twiddler, a recent @Medium column in which I delve more deeply into #enshittification, and how it is a pathology of digital platforms, distinct from the rent-seeking of the analog world that preceded it:

doctorow.medium.com/twiddler-1b5c9… 1/ A mandala made from a knob and button-covered control panel.
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:

pluralistic.net/2023/02/27/kno… 2/
Enshittification, you'll recall, is the lifecycle of the online platform: first, the platform allocates #surpluses to end-users; then, once users are locked in, those surpluses are taken away and given to business-customers. 3/
Read 62 tweets
In "Social Quitting," my latest @LocusMag column, I analyze the precipitous #VibeShift of the dominant social media platforms: how we so quickly went from wondering how to get shut of them to asking where we go now that we're all ready to quit.

locusmag.com/2023/01/commen… 1/ The Phillip Medhurst Picture Torah 397. The Israelites colle
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:

pluralistic.net/2023/01/09/wat… 2/
The core of the argument revolves around #surpluses - that is, the value that exists in the service. For a user, surpluses are things like "being able to converse with your friends" and "being able to plan activities with your friends." 3/
Read 71 tweets
This week all eyes will be on #Budget2022. #OUTA compiled some #tips for the Minister of Finance & @TreasuryRSA which we sent to them about 2 weeks ago. Here's our list:
#Budget2022 priorities
OUTA wants to see these as top priorities in Budget 2022:
#Funding to decisively combat & PROSECUTE #corruption.
Concrete ACTION to promote #economicgrowth & address #unemployment.
@TreasuryRSA
#Budget2022 Fund the #WarAgainstCorruption
Ensure ample funding for prosecuting state capture, corruption and tax evasion, for @sarstax @RSASIU Hawks & @NPA_Prosecutes.
Ensure support for whistleblowers.
Fund new oversight bodies as recommended by @StateCaptureCom.
@TreasuryRSA
Read 12 tweets
The World economy went from excess demand before #GFC(Global financial crisil) to excess supply after it. #China's #trade #surpluses have therefore had an increasing depressing effect on global demand and world GDP growth since ~2006.
2/ch Sustaining China GDP gr(based on 47% investment rt & 37% Consumption rt) requires, (1) Large surpluses of exportable manuf goods, (2) technology theft & forced technology transfers to ensure rate of return on investment remains +ve. Stop these & gr will decelerate sharply
3/ch Analysts accepting China data alleging 1-3% GDP gr in 2020, must show much is inventory accumulation? Besides its usual fudging of deflators, in 2020, #CCP11 has accumulated unsold inventory, to show(fake) +ve gr & hidden the resulting loses with credit from State banks🧐🤔
Read 3 tweets

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