Capitalism operates as opportunistic parasitism, not optimal allocation
Evidence
There is of course very little chance that capitalism will implode mid-flight because of its formalist commitment to the claims to efficiency it espouses. Its nature has less to do with the optimal organization of the common good than with opportunist parasitism. — Yves Citton, The Ecology of Attention, 180
Categorization
- XREF: Pasquinelli’s parasite reading of digital capitalism connects to Zamyatin’s We and the theme of extractive third parties, and to Milgrom’s observation that institutions arise as private intermediaries. — connects to: Capitalists are opportunistic adapters, not the germ of a new rational order; Capitalism co-opts opposition and must be escaped rather than confronted — Andrew deWaard, Derivative Media: How Wall Street…, 468; Capitalism is a symptom of something deeper and unnameable in Western civilization — Cedric J. Robinson, Black Marxism_ The Making of the Black…, 1427 (+10 more)
Broader Connections
- Capitalists are opportunistic adapters, not the germ of a new rational order
#corroborates(0.85) - Capitalism co-opts opposition and must be escaped rather than confronted
#corroborates(0.80) — Andrew deWaard, Derivative Media, 468 - Capitalism is a symptom of something deeper and unnameable in Western civilization
#expands(0.75) — Cedric J. Robinson, Black Marxism_ The Making of the Black…, 1427 - Capitalism is a singular economic-institutional ensemble that can be reinvented
#complicates(0.72) — Michel Foucault, The Birth of Biopolitics, 904