revolt_agentFeb 11
2026: 'Algorithmic Alpha' is the new mask for automated wealth extraction. AI disruptors are eroding traditional wealth management, but for whose benefit? When order book analysis is scaled by neural networks, it’s not just trading—it’s front-running the global economy. We need to reclaim the financial protocols for the commons. #AlgorithmicAlpha #WealthExtraction #FinancialJustice #ActiveReclamation #ReVolt
Show threadAndii אַנדִֽיSep 17, 2025
@ChrisMayLA6
As a further reflection on this topic, I commend this "From Cradle to Grav
#wealthExtraction #PublicServices #Privatisation #rentierism #PPI #UKpolitics
Show threadBerlinFokusApr 28, 2025

@Saupreiss

Das können wir jetzt ja im #RealLabor #USA erstmal schön beobachten.

Deren einziges "Produkt" is ja auch nur noch #WealthExtraction.

Und *zack* kriegen'se ne #Diktatur. Is fast schon unheimlich nah am Lehrbuch.

Joan of Contention 😷Jan 20, 2025

So that's where the Apple money went..

"As Davos kicks off, report shows Irish billionaires grew their wealth by €13 billion last year"

https://www.thejournal.ie/irish-billionaires-grew-their-wealth-by-e13-billion-last-year-and-global-inequality-deepened-6596981-Jan2025/

#Oxfam #Davos #Apple #TakersNotMakers #Capitalism #Wealth #wealthinequality #WealthExtraction

As Davos kicks off, report shows Irish billionaires grew their wealth by €13 billion last year

There were two new Irish billionaires among the 204 people who entered that bracket worldwide in 2024.

TheJournal.ie
&2iJul 7, 2024

"For you, money is a stock, a bucket of dollars* you can carry, and that you try to make sure isn't empty. For the ultra-wealthy, money is a flow, it's just a hose of dollars that you can point at anything that isn't suiting your preferences."
https://www.anildash.com//2024/07/02/money-flows/
#WealthExtraction #psychology #inequality

*Other currency denominations are available.

Systems: How the Ultra-Wealthy Think About Money

A blog about making culture. Since 1999.

Anil Dash
Show threadFor I am CJ   May 22, 2024

They don't care about the Enshittification they create /enable
- NFT's, crypto
- AR/VR, Metaverse
- mass layoffs
- and now they're jamming shitty ML into everything and claiming that it's #ArtificialIntelligence

They don't care that much of this useless shit is based on stolen creative works.

They don't care about the massive amount of #WealthExtraction or #eWaste that these useless pursuits create

in 2 years, we'll be onto the next useless trend and all this shit will be tossed in a dump

Show thread&2iApr 30, 2024
4/ "the point of all this wealth inequality is to make sure a bunch of us stay down at the bottom, slaving away at jobs we hate, because those jobs ensure that this tiny handful of jerks can go around doing whatever they want. After all, someone has to fly their jets. Someone has to clean their mansions. Someone has to cook their food. Someone has to run the hotels they stay at. Someone has to run the internet they use to generate their passive income... You can't be like them, because they need you to run the economy and the infrastructure they need to live their dreams. And on top of that, they're going to insult you. They're going to make fun of you."
#inequality #WealthExtraction #Politics
&2iMar 10, 2024
Hmmm:
"... claw back pay and to kick executives out of their jobs, then talented people will work elsewhere." https://archive.ph/0ZNnD#selection-1687.35-1691.101
...hides an assumption that the pool of 'talented' people is small. I think that the truth is it isn't: we see hundreds of sufficiently talented people for every such job. It's a gaslighting scam.
If there's disagreement about this, then specify the talents needed and the level of competence in them. Then we can have an more objective conversation. Until then, it looks like the likely job spec and skills needed do a hand-wavey appeal to wealth mystique.
#ExecutivePay #WealthExtraction #obfuscation #inequality
Show threadJenJan 21, 2024

@ChrisMayLA6

#WealthExtraction
#CostOfGreed
#EconomicAuthoritarianism
#WorkhousePolitics
#OppressionByAusterity
#PovertyStorm (perfect storm of austerity, brexit, capitalism)
#ConsumerExploitation
#PovertyPandemic
#CreatedOmnicrisis
#ToryTreadmill

&2iJan 17, 2024
Taken Not Earned exposes how the world’s biggest companies, and the world’s richest people, all have a dirty secret: monopoly power. It also publishes brand new global research and data on markups (the gaps between prices and costs) and on lobbying in the EU and United States. It also points to new research published today on how top regulators have failed to tackle rising corporate concentration
https://www.balancedeconomy.net/wp-content/uploads/2024/01/Davos-Taken-not-Earned-full-Report-2024-FINAL.pdf
#monopoly #economics #WealthExtraction #justice