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@tante@tldr.nettime.org
2024-03-14 11:00:02

"But I’ve come to think its the sheer scale of the money that matters most. There’s nothing new about rich capitalists adopting conservative orthodoxy and supporting the Republican party. There’s nothing new about finance guys pulling shenanigans that leave a trail of misery in their wake. But the sheer amount of capital at their disposal exerts market-warping force. They can ruin industries that they didn’t even intend to ruin, just by being the only source of significant capital while…