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  • Robinhood Banning GameStop Proves the Free Market Is a Lie
    I think one reason the GameStop thing is fun is because it is apocalyptic in the sense that it reveals the hypocrisy and opt-in delusions of capitalism. I like this take:

    "And the Redditors said, “Who cares? I don’t care about your equations. I don’t care about your valuation models. I’m going to make the price go up because all it is to me is a number on the screen.” So they just stripped all the pretense out of Wall Street and used that to expose it and to screw it."
    Thu 28 Jan 2021 05:06:56 PM MST - permalink -
    QRCode
    - archive.org - https://nymag.com/intelligencer/2021/01/robinhood-ban-gamestop-share-price-explained.html
    capitalism
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