Lenocracy in Extremis: The Case of Publishing

I really did mean to go on to a different subject this week, rather than talking further about the system of political economy I’ve labeled lenocracy (from Latin leno, a pimp)—that is, a system that treats productive economic activity as a sucker’s game, to be milked dry by the two grasping hands of corporate power…

Writing as Microcosm, Part One: Publish and Perish

I’m not sure how many of my readers have noticed the massive realignment going on right now at the foundations of the industrial economy. Venture below the towering abstractions of notional wealth that fill business websites, all the way to the base, and you’ll find that the whole gargantuan structure rests on certain relationships between…