How the Internet Became a Tool for Domination and Control Instead of Liberation

Source: The UnPopulist
by Mike Masnick

“Facebook in 2011 was already a centralized platform owned by a single company. What changed was that the underlying incentives of that centralized architecture had time to work. Centralized systems create chokepoints. Chokepoints, once they exist, attract everyone with an interest in squeezing them: companies looking to extract more value from users, governments looking to extract compliance from companies, and political movements looking to extract influence from both. In 2011, Facebook hadn’t yet figured out how lucrative those chokepoints would be, or how much leverage they offered to the powerful. By 2025, everyone had figured it out.” (06/25/26)

https://www.theunpopulist.net/p/how-the-internet-became-a-tool-for

Degrowth makes us all poorer

Source: Adam Smith Institute
by Madsen Pirie

“There is an aesthetic and romantic tradition, a very old strand of thought predating socialism, and going back through Ruskin and Morris to Romantic-era reactions against industrialization. It simply finds modernity ugly, hurried, and spiritually depleting. Smallholding, craft, and seasonal eating have a genuine appeal to people who feel that modern life has lost something. This is not quite an argument, it is a sensibility which should not be dismissed. There are real questions about meaning and community in industrial modernity, but it tends to romanticize pre-industrial poverty selectively. Institutional capture has boosted the degrowth movement because much of its language now comes from NGOs, international bodies, and academic departments that have strong incentives to find crises requiring their management.” (06/25/26)

https://www.adamsmith.org/blog/degrowth-makes-us-all-poorer

On Iran, Trump Is Neither Neocon nor Obama, and It Is Working

Source: Real Clear Politics
by Larry Kudlow

“There’s vastly too much hand-wringing over President Trump’s diplomacy and potential dealmaking with Iran, and it’s coming from friends and foes alike. I think it has more to do with America’s crumbling political infrastructure, than it does regarding the merits of Mr. Trump’s efforts. First of all, the so-called memorandum of understanding is a nonbinding political document which simply outlines topics to be covered in the months ahead for some kind of final deal. Some people are taking parts of this MOU completely out of context for their own political gain. Let’s step back for a moment.” [editor’s note: Yes, let’s step back and watch Larry Kudlow try to explain away the loss of an illegal and entirely optional war – TLK] (06/25/26)

https://www.realclearpolitics.com/articles/2026/06/25/on_iran_trump_is_neither_neocon_or_obama–and_it_is_working_154261.html

Core US inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows

Source: CNBC

“The Federal Reserve’s primary price gauge rose at its highest level since 2023, reinforcing the central bank’s recent tough talk on inflation. Excluding food and energy, the personal consumption expenditures price index showed a 3.4% annual rate after rising 0.3% for the month, both in line with Dow Jones consensus. The core reading was the highest since October 2023. … Even with the elevated inflation levels, consumer spending for the month came in stronger than expected.” (06/25/26)

https://www.cnbc.com/2026/06/25/pce-inflation-report-may-2026-.html

Alan Greenspan and the Monetary Monopoly

Source: Foundation for Economic Education
by Sergio Martínez

“A central bank wields a peculiar kind of power. It holds a monopoly over money, and money runs through nearly every transaction we make. Because of that reach, a monetary mistake travels through credit markets, housing, banks, pension funds, and the budgets of millions of people who never had a say in the policy. That is the right place to begin a reflection on Alan Greenspan, who died on June 22, 2026, at the age of 100. His was a mixed legacy. Here was a man who understood the power of markets, and who nonetheless turned on those markets when they soured, blaming private excess for a crisis his own institution had helped make possible.” (06/25/26)

https://fee.org/articles/alan-greenspan-and-the-monetary-monopoly/