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Tim Wu knows where you got your ‘economic resentment’ and that ‘weird feeling of something you like getting worse’: It’s ‘the age of extraction’

Tim Wu, the influential Columbia Law School professor who previously served in the Biden administration, is back with a message: Modern American capitalism has devolved into a system defined by the accumulation of market power and “extraction,” generating a profound sense of “economic resentment” across the nation. Speaking to Fortune upon the release of his … Read more

Escaping the extraction economy: Ownership and RWAs win

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Memecoins. They evolved from community experiments into extraction systems that exploit fundamental human greed. ”Life-changing wealth from one well-timed trade.”  Behind this operates sophisticated machinery. Professional launches with hundreds of thousands of … Read more

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