Paul Krugman at his own Substack:
In fact, the basic logic of enshittification — in which businesses start out being very good to their customers, then switch to ruthless exploitation — applies to any business characterized by network effects. It may go under different names like “penetration pricing,” but the logic is the same.
Doctorow’s final stage — “Then, they die” — may also be wishful thinking.
So let me talk a bit about the economics of enshittification, as I see it, then follow up by talking about how enshittification can mess with our heads in several ways. The title of this post is, of course, facetious. I don’t have a general theory to offer, just some hopefully clarifying ideas.
More here.
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The crowd was expectant when Tatiana Andia took the microphone: She was a hero to many in the room, the woman who negotiated cheaper drug prices for Colombia. But that day, at a conference for policymakers and academics on the right to health in Latin America, there was a more intimate topic she wanted to discuss.
Mafalda is a young girl who hates soup and hypocrisy and loves democracy and the Beatles. She’s a precocious six year innocently questioning how the world works—often to the exasperation of her parents. She and her friends struggle to learn chess, try to become telepathic, and worry about war and overpopulation. After making a passionate plea for world she realizes that “the U.N., the Vatican and my little stool have the same power to sway opinion.” And she has the same hairstylist as Ernie Bushmiller’s Nancy
As a