Post-crisis easy money produced ad tech and forgettable Netflix shows
Evidence
It didn’t have to be this way. A Keynesian approach could have used the cheap credit and available workforce to build much-needed infrastructure, public housing, and renewable energy. Instead, asset-based Keynesianism gave us a housing market unaffordable for most, ad tech surveillance, the gig economy, and a thousand forgettable shows on Netflix. — Andrew deWaard, Derivative Media, 86
Categorization
- SEED: The closing clause — QE-era finance yielding ‘a thousand forgettable shows on Netflix’ — is exactly the finance-to-form argument the reader is testing; worth chasing the causal chain in later chapters.
- XREF: connects to: Binge watching was a fan-coined term from the 1990s, mainstreamed only by 2013 Netflix — Tim Wu, The Attention Merchants, 1114