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Showing posts with the label Debt

Who’s Winning?

 Thanks to Saint Jimmy (Russian American) for recommending this essay... Who’s Winning? By FABIO VIGHI ‘The West has become a totalitarian space – the space of a self-defensive hegemony defending itself against its own weakness.’ (Jean Baudrillard) One of the most frequently referenced scenes in Arthur Penn’s  Night Moves  (1973) features a despondent Gene Hackman slumped in front of a small black-and-white television, half-heartedly watching a game of American football. When his wife walks in and asks, “Who’s winning?”, he mutters: “Nobody. One side’s just losing slower than the other.” As consciously depressing Hollywood films like  Night Moves  foresaw, the crisis of the 1970s was already signalling the end of capitalist socialisation: a structural and soon-to-be global socioeconomic, cultural, and psychological debacle that is now entering its phase of rapid escalation (though Hollywood this time is in full denial). As it’s becoming increasingly clear, the s...

“Sustainably” Surveilling and Tokenizing Nature: The Case of O.N.E. Amazon

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“Sustainably” Surveilling and Tokenizing Nature:  The Case of O.N.E. Amazon The architect of BlackRock’s ETFs has teamed up with a group of companies tied to US intelligence and US government debt trading to tokenize the Amazon rainforest and borgify it with a large-scale sensor network in order to create a new form of “digital gold.” by Mark Goodwin and by Whitney Webb A satellite surveillance company with links to U.S. intelligence, former Trump administration officials, U.S. government debt barons and the stablecoin Tether (USDT)  announced plans  earlier this year to build the “Internet for Forests” in the Amazon rainforest. The satellite company, called Satellogic, plans to join an initiative to rig up one of the world’s oldest and most important forests with sensors and “machine intelligence infrastructure” led by a group called O.N.E. Amazon. O.N.E. Amazon, in turn, seeks to turn the Amazon rainforest into a digital asset security to be chopped up, tokenized and so...