universeodon.com is part of the decentralized social network powered by Mastodon.
Be one with the #fediverse. Join millions of humans building, creating, and collaborating on Mastodon Social Network. Supports 1000 character posts.

Administered by:

Server stats:

3.6K
active users

Learn more

#broligarchs

15 posts13 participants1 post today

"Sociologist Brooke Harrington says that for the world's wealthiest people, many of the laws and rules followed by the rest of us simply don't apply. The lives of the richest people in the world are so different from those of the rest of us, it's almost literally unimaginable. National borders are nothing to them. They might as well not exist. The laws are nothing to them. They might as well not exist."

npr.org/2016/10/25/499213698/w

"In the explosive first episode of The Nerd Reich podcast, host Gil Duran teams up with economic sociologist Brooke Harrington and internet politics expert Dave Karpf to decode the alarming rise of 'network states.'

They deepdive into how tech billionaires like Elon Musk are trying to dismantle traditional governance to create their own power structures through crypto and artificial intelligence.

They discuss the hidden dangers behind AI-driven governance, the disturbing intersection of wealth and political influence, and why understanding human behavior through humanities matters now more than ever.

Plus, they share bold predictions about where tech authoritarianism is heading and reveal powerful strategies for resisting the growing control of billionaire tech elites.

Don't miss this essential conversation about the fight for democracy's future!"

youtube.com/watch?v=6iHlfLPDoS

@arstechnica

#amazon and the other #broligarchs are so vile

I don't actually believe this report because I suspect all the smart speakers have been smart mic's all along, constantly recording people despite whatever agreements the company asserted.

Like, #tesla's surveillance tech has meant the company has been doing its own constant societal surveillance for years. Data says with the car, sure, but duhhhh I suspect corporate takes it too.

surprise, surprise: Trump gave (pro , anti- All In Podcast broligarch and America's "crypto & AI czar") a waiver on any and all financial conflicts of interest that could result from Sacks using taxpayer money to enrich himself by investing in his crypto & AI scams.

(i will note that Sacks claims to have divested himself of his crypto investments but i find it impossible to believe he isn't at least indirectly financially exposed to the crypto market)

Remember, it was Sacks who helped propose the which proposed that US taxpayers invest in the same 5 cryptocurrencies held by Sacks's company .

levernews.com/trump-issues-eth

The Lever · Trump Issues Ethics Waiver For His AI/Crypto CzarThe White House granted the waiver to David Sacks a month after Trump fired the director of the independent agency charged with enforcing federal ethics statutes.

No less than 76 just voted with Republicans to overturn the 's "defi broker rule" which would have required crypto firms like 's to collect information on their users and in so doing discourage the use of these platforms for by criminals and rogue nuclear states ( *loves* Uniswap) and by the very wealthy to avoid paying .

The new wave of scams like are also all facilitated/perpetrated by these decentralized trading platforms.

If any of these people are your representative you should do what you can to make sure they are primaried because they are not representing your interests. At a minimum call them and yell at them (this works better than most people think!)

The corruption of the US government by bros is extremely bipartisan.

* Full roll call of vote: clerk.house.gov/Votes/202571

#uspol#defi#DOGE

open.substack.com/pub/socialec

Suddenly, more #tariff mayhem from #BigHands.

He has no economic or political or trade strategy.

His goal is to weaken the country for #billionaires & #broligarchs to scoop up deals, weaken allies for easier plunder & less opposition to #russia's economic & political goals

Remember Mr. Potter from It's A Wonderful Life? The 1% aren't panicking, they're buying. Especially with us$5t drop in corporate value in the last 3 weeks.

Social Economics · Guns and butterBy Angella MacEwen

New paper from and the blames the 2023 banking crisis on (you guessed it) and Nerd Reich .

> "A clearer commonality between the six banks [that failed], the paper argues, is their exposure to risky depositor bases that other banks shied away from: firms and [tech] venture capitalists."

* American Banker: americanbanker.com/news/new-pa
* Paper: chicagofed.org/publications/wo