The End of Grifts
6th September 2022
ZMan turns over a rock.
Eric Hoffer famously said that what starts out in America as a mass movement ends up as a racket, a cult, or a corporation. As we saw with Covid, it can often be all of these things at the same time. When Hoffer made this observation, mass media was still in the analog age, so things moved slower. A movement would linger for while in the corporate stage before devolving into a racket. In the digital age, these things can happen simultaneously and instantaneously.