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Hoarding, eh?

The billionaires of today are unusually aggressive in their hoarding of cultural and technological influence, according to Mordecai Kurz, a Stanford economist whose research connects monopoly power with political and economic inequality.

It’s the buzzword du jour, hoarding is. And, of course, if we take more of their money off them then they’ll have less of this technological influence to hoard, right?

an extreme version of a pattern that has repeated itself since industrialization: technological power concentrating in the hands of a few, which is eroding democracy.

Oh, and that appeal to the ultimate virtue, democracy. Got your buzzword bingo cards ready, Lads?

Tech giants use the force of their largely unregulated social media networks

Oh yes, so we should have censorship in order to preserve democracy.

“[Social meda] activity is profitable, and sometimes you generate activity by creating falsehoods, which are not good for democracy,”

We must control what is said in order to eliminate falsehoods.

“We want capitalism to support democracy. Capitalism has to become more humane. It has to be more regulated. And in democracy, we don’t leave anybody behind,” he said.

Heavily regulated, publicly contrrolled, capitalism. Whjy is it all these people who insist we must fight fascism end up designing fascism all over again?

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Ottokring
Ottokring
27 days ago

I think JuliaM said it the other day.

True Fascism has never been tried.

Is Hoarding the new prepping ?

I wonder how long I can live on a diet of tinned beans n’ sossages in the cupboard under the stairs.

Martin Near The M25
Martin Near The M25
27 days ago
Reply to  Ottokring

Don’t worry. Mad Ed Mlliband will help you find out.

Ottokring
Ottokring
27 days ago

In that case, I would also need an inexhaustible supply of toothpicks to cook the individual beans over a candle.

Jimmers
Jimmers
27 days ago
Reply to  Ottokring

Ed will make you recycle them.

Norman
Norman
27 days ago
Reply to  Ottokring

You’re gong to have to come out from time to time with your sandwiches and flask of tea to watch those schoolgirls exercising, Otto.

Ottokring
Ottokring
27 days ago
Reply to  Norman

Lawrentiy Beria had the right idea. He would pick girls out from the Politburo podium.

Norman
Norman
27 days ago
Reply to  Ottokring

Er (mumbles) I used to do that from the stage… mind you, EB was much more successful.

Ottokring
Ottokring
27 days ago
Reply to  Norman

Anyway, Norman. if a job’s worth doing, it’s worth doing properly.

Screenshot_20230121-152637
Mr Womby
Mr Womby
27 days ago
Reply to  Norman

“Father Hackett has reminded me that it’s a warm day outside, so you won’t be needing your tracksuit tops.”

Dan Souter
Dan Souter
27 days ago

“We must control what is said in order to eliminate falsehoods.”

Translation: We must have control of the media to push our narrative. If alternate and dissenting opinions are allowed to be heard then the narrative will be subject to question or even ridicule.

What they don’t seem to realise is that once people break out of the mainstream media echo chamber, they are not going to go back, no matter how much .gov attempts to force them with disinformation regulations and VPN registration requirements.

It’s like the Online Safety Act. Do you imagine there are LESS teenage boys looking at pornography because of it?

Matt
Matt
27 days ago
Reply to  Tim Worstall

The teenage boys might be individually smaller?!

Bloke in South Dorset
Bloke in South Dorset
27 days ago
Reply to  Matt

“The teenage boys might be individually smaller?!”

It stunts your growth, or so they used to say.

Dan Souter
Dan Souter
27 days ago
Reply to  Tim Worstall

Fortunately, I’m an MSP’s office manager, not her speech writer.

Anon
Anon
27 days ago
Reply to  Tim Worstall

The fewer/less thing is a “rule” invented in 1770 that doesn’t reflect how English speakers used the words in the past. Alfred the Great used “less” with a countable noun bank in 888 (in modern English “With less words or with more, whether we may prove it”) and Alexander Pope had no problem with it (Priam “loses in less than eight Days the best of his Army, and a great Number of virtuous Sons”) which as far as I’m concerned is pretty definitive that it’s fine. http://itre.cis.upenn.edu/~myl/languagelog/archives/003775.html

M
M
27 days ago
Reply to  Tim Worstall

Pedantry even…

PJF
PJF
27 days ago
Reply to  M

Heresy. Burn him.

Anon
Anon
27 days ago
Reply to  M

Dates to the glorious day Polly Toynbee called Tim a “pendant”.

Dan Souter
Dan Souter
27 days ago
Reply to  M

Crucifixion ain’t good enough…

Contemplate-this-on-the-Tree-of-Woe
rhoda klapp
rhoda klapp
27 days ago
Reply to  Dan Souter

Probably not JEJ’s finest hour and twenty-five minutes.

Jonathan
Jonathan
27 days ago

tl;dr:” The Left is losing control of the Narrative and we’re panicking!”

jgh
jgh
27 days ago

“And in democracy, we don’t leave anybody behind,” he said”

And what if the demos votes to leave people behind?

Bloke in South Dorset
Bloke in South Dorset
27 days ago
Reply to  jgh

Ah, it wouldn’t be “Real Democracy”TM then.

Bloke in North Dorset
Bloke in North Dorset
27 days ago

“[Social meda] activity is profitable, and sometimes you generate activity by creating falsehoods, which are not good for democracy,”

Their side has been caught out good ‘n’ proper, allegedly, so now they need to project.

https://edition.cnn.com/2026/04/23/politics/what-to-know-criminal-case-southern-poverty-law-center

Interested
Interested
27 days ago

A massive story of international importance.

Not covered by the Telegraph, nominally our most serious daily newspaper, but it has been covered by the Guardian, albeit that it is running interference.

I think our problem is that we are too parochial.

What happens in the States is a blueprint, for good or evil, for what has happened and will happen here.

We should pay more attention.

M
M
27 days ago

The SPLC very quickly got into the scams after it was founded. There aren’t more charges going back further likely because it would be too hard to prove in court, but it doesn’t mean there aren’t more.

They were never doing what they said they were doing.

Deveril
Deveril
27 days ago

Hm, hoarding. It’s all a bit kulakish innit.

Interested
Interested
27 days ago

The effort to control social media is the most pernicious thing confronting normal people.

With social media controlled, they would have got away with the Covid bullshit, and Trump would have stood no chance.

The corollary of this is that the eradication, obliteration, destruction, of the left’s mainstream media propaganda mouthpieces is the biggest and most urgent task facing normal people.

PJF
PJF
27 days ago
Reply to  Interested

. . . they would have got away with the Covid bullshit . . .

They did get away with the Covid bullshit. It has emboldened them. They imprisoned people for letting off steam online over the brutal slaughter of little girls. They got away with that, too. Controlled and uncontrolled mass immigration, Pakistani rape gangs . . .

I don’t know whether they’re going to get away with stifling the internet but the odds sure look in their favour.

Interested
Interested
27 days ago
Reply to  PJF

I meant got away without anyone knowing about it, but yep.

That said, enquiries are progressing in the States with Ron Johnson and others, and CIA whistleblowers in Congress etc.

It is beyond important that the GOP wins the midterms, for the future – genuinely – of mankind. Mad but true.

Norman
Norman
27 days ago

Capitalism – or rather, people being able to decide themselves, trading in a free market – is democracy.

Norman
Norman
27 days ago

Mordecai Kurz. Evidently, yet another on that long line of self-hating, ultimately self-destructive, progressive/lefty “intellectual” Jews. Portnoy seems to have had an awful lot to complain about.

Matt
Matt
26 days ago
Reply to  Norman

This fact needs to be hammered into Guardianistas:

Racial and cultural self-loathing was invented by Jews.

Charles
Charles
27 days ago

So capitalism has been concentrating power in the hands of the few? Presumably this means we should return to thr good old pre-capitalism days when all the power was consolidated under the control of the King?

The reality is that capitalism has done the exact opposite of consolidating power. It has spread it around.

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