Tomorrow (Nov 30), @superwuster and I are appearing in conversation to discuss monopoly and creative labor markets at the @knightfdn's #Informed22 conference in #Miami:
My publisher @torbooks and @goodreads are drawing for a giveaway of advance copies of my next novel, "Red Team Blues," a Silicon Valley forensic accounting thriller about a cryptocurrency heist - If you're in the US or Canada, enter here to win a copy:
#5yrsago Incentives matter: America’s for-profit medical industry thrives on massive wastage, unnecessary procedures, overbilling and overtreating propublica.org/article/a-hosp… 10/
#5yrsago Mass incarceration and disenfranchisement of brown people was the key to GOP control in Alabama, but thanks to criminal justice reform, black people can vote against child-molester Roy Moore salon.com/2017/11/29/roy… 12/
#5yrsago Morgan Stanley, with a long rapsheet for corporate crimes, says Jeremy Corbyn holding them to account would hurt them worse than the worst Brexit theguardian.com/politics/2017/…"> 13/
#5yrsago Comcast flushed its 3 year old net neutrality promise down the memory hole the instant the FCC announced its plan to allow network discrimination arstechnica.com/tech-policy/20… 14/
My ebooks and audiobooks (from @torbooks, @HoZ_Books, @mcsweeneys, @BeaconPressBks et al) are for sale all over the net, but I sell 'em too, and when you buy 'em from me, I earn twice as much and you get books with no DRM and no license "agreements."
If you're a @Medium subscriber, you can read these essays - as well as previews of upcoming magazine columns and early exclusives on doctorow.medium.com. 24/
My latest @Medium column is "Poe vs. Property: A detective story of shifting rationalizations"
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The problem with good news in the real world is that it's *messy*. Neat happy endings are for novels, not the real world, and that goes double for the climate emergency.
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Let's take a sec here and notice something *genuinely great* happening in the US government: the @CFPB's stunning, unbroken streak of *major*, muscular victories over the forces of corporate corruption.
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Look, no one wants to kick Big Tech to the curb more than I do, but, also: it's *good* that Google indexes the news so people can find it, and it's *good* that Facebook provides forums where people can talk about the news.
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It's not news if you can't find it. It's not news if you can't talk about it. We don't call information you can't find or discuss "news" - we call it "secrets."
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Noted anti-capitalist agitator Adam Smith had it right: "People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices."
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Despite being a raving commie loon, Smith's observation was so undeniably true that regulators, policymakers, and economists couldn't help but acknowledge that it was true.
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Corruption is a system of concentrated gains and diffused costs: cheaters make a lot of money, and their victims each lose a little. The cheater has a much larger pool of money to spend on keeping the scam going, and the victims need to pay *again* to fight the cheater.
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Actually, it's worse. The victim pays once when they are cheated, then, they pay a second time (in time and/or money) when they fight back against the cheater.
But in order to fight back effectively, the victims need to band together.
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