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2 Jun, 4 tweets, 2 min read
Jimi Hendrix preforming at Monterey Pop (1968) dir. D.A. Pennebaker quinnception.tumblr.com/post/652895476…
Jimi Hendrix preforming at Monterey Pop (1968) dir. D.A. Pennebaker quinnception.tumblr.com/post/652895476…
Jimi Hendrix preforming at Monterey Pop (1968) dir. D.A. Pennebaker quinnception.tumblr.com/post/652895476…
Jimi Hendrix preforming at Monterey Pop (1968) dir. D.A. Pennebaker quinnception.tumblr.com/post/652895476…

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More from @doctorow

Cory Doctorow Profile picture
4 Jun
It's been eight years since @aaronsw took his own life. Aaron had been charged with 13 felonies under the Computer Fraud and Abuse Act (#CFAA) for violating the terms of service on the @JSTOR database of scholarly articles.

1/ A 2009 portrait of Aaron Sw...
Prosecutors Stephen Heymann and Carmen Ortiz didn't dispute that Aaron was allowed to access the articles he retrieved. Rather, they said that the WAY he accessed them (using a script instead of clicking on links) was a terms-of-service violation and hence a crime.

2/
In other words: any business could conjure a felony out of thin air by making you click through an unreadable garbage-novella of legalese proscribing the use of a service they granted you access to. Violate any of those terms and you face a prison sentence.

3/
Read 26 tweets
Cory Doctorow Profile picture
4 Jun
Capitalism is weird.

Almost without exception, people who invest in businesses do so without personally inspecting the business, overlooking its processes, seeing its bank statements, meeting its managers and going on the road with its sales-force.

1/ A shell-game con artist wea...
Whether you're managing a giant pension fund, buying into a fund with your 401k, or buying stocks (or STONKS) you likely have little to no direct experience of the firm you're buying into. At best, you have visited a retail premises or tried a product, but that's very thin.

2/
Even if you think a business operates a tidy and efficient store, even if you love its products, you still have no basis to assess whether it is a sound investment. Maybe the business is selling products at a loss and teetering on the verge of bankruptcy.

3/
Read 32 tweets
Cory Doctorow Profile picture
3 Jun
Today's Twitter threads (a Twitter thread).

Inside: Efficiency is very inefficient; and more!

Archived at: pluralistic.net/2021/06/03/jit…

#Pluralistic

1/ Image
Tomorrow, Jun 4, I'm appearing with @ddayen in the Second Life Book Club!

draxtor.com/sl-book-club-c…

And next Monday, Jun 7, I'm helping @tkmiles launch his debut novel RABBITS:

eventbrite.com/e/terry-miles-…

2/
Efficiency is very inefficient: Resiliency is not a market good.



3/ Image
Read 18 tweets
Cory Doctorow Profile picture
3 Jun
Doctors use the term "crisis" to refer to the crossroads where the patient improves or goes into terminal decline. In that sense, we are living through a major crisis, a juncture revealed by the pandemic that we have yet to traverse.

1/ A modified version of the p...
(If you'd like an unrolled 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/2021/06/03/jit…

2/
For 40 years, the gospels of market efficiency and shareholder value have demanded that we dismantle the state (because markets are efficient, while states are not) and hollow out companies ("trimming fat" to serve the almighty shareholder).

3/
Read 25 tweets
Cory Doctorow Profile picture
2 Jun
Today's Twitter threads (a Twitter thread).

Inside: NYC's driver-owned Uber alternative; Amazon running scared from arbitration at scale; How the Dutch helped CBS cheat on its taxes; and more!

Archived at: pluralistic.net/2021/06/02/arb…

#Pluralistic

1/
This Friday, Jun 4, I'm appearing with @DDayen in the Second Life Book Club!

draxtor.com/sl-book-club-c…

And next Monday, Jun 7, I'm helping @TKMiles launch his debut novel RABBITS:

eventbrite.com/e/terry-miles-…

2/
NYC's driver-owned Uber alternative: Platform cooperativism needs interoperability, though.



3/
Read 21 tweets
Cory Doctorow Profile picture
2 Jun
When you think about tax-havens, you probably think about Caribbean "treasure islands," the ex-colonies whose erstwhile conquerors set them up as dependent financial secrecy jurisdictions whose economies were doomed to be stunted forever.

1/ An icon of a robber running away from a government building
But in truth, the most harmful tax-havens are "onshore-offshore," notorious jurisdictions like Delaware, Nevada and Wyoming, or, in the EU, Malta, Luxembourg, Cyprus and the Netherlands.

2/
The Dutch are among the most enthusiastic hosts to financial crimes. That's how Uber cheats on its taxes: it has 50 Dutch shell companies that it launders its money through.

pluralistic.net/2021/05/13/ube…

3/
Read 11 tweets

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