@dredmorbius @temporal
Great article.. very comprehensive. But he did miss one point:
* #advertising is an arms race. A supplier may not want to spend money on ads, but is forced when a competitor does so.
@dredmorbius @resist1984 @temporal it very much reminds me of this excellent piece on the "race to the bottom" nature of it all: https://slatestarcodex.com/2014/07/30/meditations-on-moloch/
@resist1984 @dredmorbius @temporal I believe there's a lot more to take away from the essay than just the old tragedy of the commons. It's a matter of survival and extinction.
@resist1984 @dredmorbius I did not miss that. It's one of the core points. However, you're like a third person to say that point is not there, which means I failed at communicating it. I'll reword things to make it more explicit. Thank you!
@resist1984 Right: Red Queen's race.
There's a great book written at the dawn of the modern advertising age, short, fact-filled, highly readable, by Hamilton Holt, called "Commercialism and Journalism" (1909).
It lays out virtually all the current complaints (though misses political manipulation). Highly recommended.
https://archive.org/details/commercialismjou00holtuoft
@temporal