Attention Economy


Thursday, November 26, 2020

Free Speech versus Cancel Culture - Interesting Debate

How Capitalism Drives Cancel Culture
Helen Lewis notes:
“The writer Jon Schwarz once described the “iron law of institutions,” under which people with seniority inside an institution care more about preserving their power within the institution than they do about the power of the institution as a whole. That self-preservation instinct also operates when private companies—institutions built on maximizing shareholder value, or other capitalist principles—struggle to acclimatize to life in a world where many consumers vocally support social-justice causes. Progressive values are now a powerful branding tool.
But that is, by and large, all they are. And that leads to what I call the “iron law of woke capitalism”: Brands will gravitate toward low-cost, high-noise signals as a substitute for genuine reform, to ensure their survival”.

Memo to President Trump: College students are not sponges

Pankaj Mishra notes:
“… free speech has never been more widely available than it is today. So much so that the cacophony of voices liberated by digital media too frequently drowns out well-informed and sensible opinion. Trump, who blurts out several hot takes every day, is himself an example of the verbal incontinence enabled by Twitter in recent years.
It is also true that historians, economists and sociologists are able to hold Twitter discussions of a quality that shames much of what appears in the pages of major newspapers and magazines”.

Free speech is about listening as well as talking