Cory Doctorow: "Not only is the personal net worth of the executives who’ve been compensated in stock coupled with that ...

Cory Doctorow: "Not only is the personal net worth of the executives who’ve been compensated in stock coupled with that share price, but also your shares can be used to buy other companies if you’re growing. If you’re not, you’ve got to use money, which is hard to get, whereas you get shares by typing zeros into a spreadsheet. You don’t need Charlize Theron in a bathtub explaining this to you, right? This is actually relative to CDOs and the other kind of exotic finance grifts we’ve had.“The left, by failing to talk about the material basis for bubbles, for growth narratives, and by falling back to this lazy, eternal ‘growth is the ideology of a tumor’ talk. has really miseducated people who are listening with half an ear.”This one’s pretty straightforward. Honestly, I think this book is about being a better critic — in some ways it’s criticism of the criticism. The left, by failing to talk about the material basis for bubbles, for growth narratives, and by falling back to this lazy, e...

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