⬆️ @zeitgeisty

>> #Fed corrects our faults that #US #Economy cannot correct.

The #InvisibleHand needs visible intervention to fight #greed and #corruption.

Here is something I wrote:

Time to read: ±15 minutes

https://pen.waltuh.cyou/autumn/the-paradox-of-ownership-in-the-digital-age

> The Paradox of Ownership in the Digital Age:
 How DMCA and DRM Limit Access and Undermine Preservation Efforts

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#dmca #drm #copyright #ownership #piracy #copyleft #fairuse #economics #invisibleHand #solutions #civilDisobedience #archive #library #preservation #publicDomain #art #writing #research #digitalRights

If you enjoy romantic fantasy fiction, take a look at the US #stockmarket today after the #trumpregime kidnapped the president of a sovereign nation. Tell me again how the market is based on fundamentals. The #invisiblehand is jacking off #47 #freemarket my ass

Of course the human traders aka “the dumb money” are reading headlines from our #sanewashingmedia and the algorithms just keep the line going up. #aibubble #idiocracy #enshitification

I’ll take Adam Smith s #invisiblehand any day over this fatfingered meddling.

@magsol

It's because the stock market is not the collective wisdom of sober economic evaluation that it is hyped to be.

Someone - I forget who - described it memorably, and far more accurately, as "the stock market is a mood ring for how rich people feel about the economy that day".

#MoodRing #StockMarket #InvisibleHand

Adam Smith was a great economist. But the invisible hand theory needs a government that is paying attention, not one that is being paid to look the other way.
South Australia is looking like a greater and greater state to live in, or at least model!
Bring on more states that act this way - now illegal to accept any political donations!
#politics #moneyinpolitics #economics #invisiblehand