political economy

Part 3: AI training makes the metaphor literal.

Part 1: Consumption is not passive.

(Sometimes you wake up in the middle of the night with a reading of the political economy of Moana, and you just have to write it down. I regret nothing!)

This is a part of a series on terms and concepts that I find particularly resonant. We usually say that the fundamental rule of economics is scarcity : there are never enough widgets (food, housing, gadgets) to meet all the demand And even where we seem to be endowed with wealth, we still face opportunity…