There can be no “free market” without government. The “free market” does not exist in the wilds beyond the reach of civilization. Competition in the wild is a contest for survival in which the largest and strongest typically win.
“Is there no virtue among us?” asked James Madison, rhetorically. “If there be not, no form of government can render us secure. To suppose that any form of government will secure liberty or happiness without any virtue in the people is a chimerical idea.”
― The Common Good
― The Common Good
“how the internet is built to distend our sense of identity; second, how it encourages us to overvalue our opinions; third, how it maximizes our sense of opposition; fourth, how it cheapens our understanding of solidarity; and, finally, how it destroys our sense of scale.”
― Trick Mirror
― Trick Mirror
“Some argue shareholder capitalism has proven to be more “efficient” than stakeholder capitalism. It has moved economic resources to where they’re most productive, and thereby enabled the economy to grow faster. By this view, stakeholder capitalism locked up resources in unproductive ways, CEOs were too complacent, corporations were too fat—employing workers they didn’t need, and paying them too much—and they were too tied to their communities. It is a tempting argument, but in hindsight a fallacious one. Any change that allows some people to become better off without causing others to be worse off is technically a more “efficient” use of resources. But when all or most of these efficiency gains go to a few people at the top—as has been the case since the 1980s—the common good is not necessarily improved. Just look at the flat or declining wages of most Americans, their growing economic insecurity, and the abandoned communities now littering the nation. Then look at the record corporate profits, soaring CEO pay, and jaw-dropping compensation on Wall Street. All Americans are stakeholders in the American economy, and most stakeholders have not done well.”
― The Common Good
― The Common Good
“Containment in the physical institution of a county poorhouse had the unintentional result of creating class solidarity across race, gender, and national origin. When we sit at a common table, we might see similarities in our experiences, even if we are forced to eat gruel. Surveillance and digital social sorting drive us apart as smaller and smaller microgroups are targeted for different kinds of aggression and control. When we inhabit an invisible poorhouse, we become more and more isolated, cut off from those around us, even if they share our suffering.”
― Automating Inequality: How High-Tech Tools Profile, Police, and Punish the Poor
― Automating Inequality: How High-Tech Tools Profile, Police, and Punish the Poor
“But its outwardly neutral classifications mask discriminatory outcomes that rob whole communities of wealth, compounding cumulative disadvantage.”
― Automating Inequality: How High-Tech Tools Profile, Police, and Punish the Poor
― Automating Inequality: How High-Tech Tools Profile, Police, and Punish the Poor
Lin’s 2025 Year in Books
Take a look at Lin’s Year in Books, including some fun facts about their reading.
More friends…
Polls voted on by Lin
Lists liked by Lin




















