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2024-11-22 17:32:07 UTC
in reply to

Michael Bacon on Nostr: Some dudes at Harvard put out a book like 20 years ago called Capital as Power and ...

Some dudes at Harvard put out a book like 20 years ago called Capital as Power and while a lot of it ended up really bad, one thing I appreciated about it was that they revived Thorstein Veblen's notion of capital control as the means of sabotage. When you hold the means of sabotage for something, it can be used strategically for exploitation and extraction.

I prefer "strategic sabotage" to "leverage" because it's much more specific and evocative.