Tags: markets



Tuesday, August 3rd, 2021

A Few Notes on A Few Notes on The Culture

When I post a link, I do it for two reasons.

First of all, it’s me pointing at something and saying “Check this out!”

Secondly, it’s a way for me to stash something away that I might want to return to. I tag all my links so when I need to find one again, I just need to think “Now what would past me have tagged it with?” Then I type the appropriate URL: adactio.com/links/tags/whatever

There are some links that I return to again and again.

Back in 2008, I linked to a document called A Few Notes on The Culture. It’s a copy of a post by Iain M Banks to a newsgroup back in 1994.

Alas, that link is dead. Linkrot, innit?

But in 2013 I linked to the same document on a different domain. That link still works even though I believe it was first published around twenty(!) years ago (view source for some pre-CSS markup nostalgia).

Anyway, A Few Notes On The Culture is a fascinating look at the world-building of Iain M Banks’s Culture novels. He talks about the in-world engineering, education, biology, and belief system of his imagined utopia. The part that sticks in my mind is when he talks about economics:

Let me state here a personal conviction that appears, right now, to be profoundly unfashionable; which is that a planned economy can be more productive - and more morally desirable - than one left to market forces.

The market is a good example of evolution in action; the try-everything-and-see-what-works approach. This might provide a perfectly morally satisfactory resource-management system so long as there was absolutely no question of any sentient creature ever being treated purely as one of those resources. The market, for all its (profoundly inelegant) complexities, remains a crude and essentially blind system, and is — without the sort of drastic amendments liable to cripple the economic efficacy which is its greatest claimed asset — intrinsically incapable of distinguishing between simple non-use of matter resulting from processal superfluity and the acute, prolonged and wide-spread suffering of conscious beings.

It is, arguably, in the elevation of this profoundly mechanistic (and in that sense perversely innocent) system to a position above all other moral, philosophical and political values and considerations that humankind displays most convincingly both its present intellectual immaturity and — through grossly pursued selfishness rather than the applied hatred of others — a kind of synthetic evil.

Those three paragraphs might be the most succinct critique of unfettered capitalism I’ve come across. The invisible hand as a paperclip maximiser.

Like I said, it’s a fascinating document. In fact I realised that I should probably store a copy of it for myself.

I have a section of my site called “extras” where I dump miscellaneous stuff. Most of it is unlinked. It’s mostly for my own benefit. That’s where I’ve put my copy of A Few Notes On The Culture.

Here’s a funny thing …for all the times that I’ve revisited the link, I never knew anything about the site is was hosted on—vavatch.co.uk—so this most recent time, I did a bit of clicking around. Clearly it’s the personal website of a sci-fi-loving college student from the early 2000s. But what came as a revelation to me was that the site belonged to …Adrian Hon!

I’m impressed that he kept his old website up even after moving over to the domain mssv.net, founding Six To Start, and writing A History Of The Future In 100 Objects. That’s a great snackable book, by the way. Well worth a read.

Monday, February 10th, 2020

Open source beyond the market - Signal v. Noise

The transcript of David Heinemeier Hansson keynote from last year’s RailsConf is well worth reading. It’s ostensibily about open source software but it delves into much larger questions.

Saturday, September 1st, 2018

The Ecological Impact of Browser Diversity | CSS-Tricks

This is a terrific spot-on piece by Rachel. I firmly believe that healthy competition and diversity in the browser market is vital for the health of the web (which is why I’m always saddened and frustrated to hear web developers wish for a single monocultural rendering engine).

Saturday, March 10th, 2018

Bitcoin Is Ridiculous. Blockchain Is Dangerous: Paul Ford - Bloomberg

An astoundingly great piece of writing from Paul Ford, comparing the dot-com bubble and the current blockchain bubble. This resonates so hard:

I knew I was supposed to have an opinion on how the web and the capital markets interacted, but I just wanted to write stuff and put it online. Or to talk about web standards—those documents, crafted by committees at the World Wide Web consortium, that defined the contract between a web browser and a web server, outlining how HTML would work. These standards didn’t define just software, but also culture; this was the raw material of human interaction.

And, damn, if this isn’t the best description the post-bubble web:

Heat and light returned. And bit by bit, the software industry insinuated itself into every aspect of global enterprise. Mobile happened, social networks exploded, jobs returned, and coding schools popped up to convert humans into programmers and feed them to the champing maw of commerce. The abstractions I loved became industries.

Oof! That isn’t even the final gut punch. This is:

Here’s what I finally figured out, 25 years in: What Silicon Valley loves most isn’t the products, or the platforms underneath them, but markets.

Wednesday, January 3rd, 2018

A Browser You’ve Never Heard of Is Dethroning Google in Asia - WSJ

I’m always happy to see a thriving market of competition amongst browsers—we had a browser monopoly once before and it was a bad situation.

(That said, UC Browser has its own issues.)

Tuesday, October 31st, 2017

On platforms and sustainability – confused of calcutta

JP Rangaswami also examines the rise of the platforms but he’s got some ideas for a more sustainable future:

A part of me wants to evoke Jane Jacobs and Christopher Alexander when it comes to building sustainable platforms. The platform “community” needs to be cared for and looked after, the living spaces they inhabit need to be designed to last. Multipurpose rather than monoculture, diverse rather than homogeneous . Prior industrial models where entire communities would rely on a single industry need to be learnt from and avoided. We shouldn’t be building the rust belts of the future. We should be looking for the death and life of great platforms, for a pattern language for sustainable platforms.

Friday, April 28th, 2017

A Case for Progressive Web Applications in 2017

If your company is or is planning on doing business in emerging markets, architecting your web applications for performance through progressive enhancements is one easy way to drastically improve accessibility, retention, and user experience.

This article uses “progressive enhancement” and “progressive web app” interchangeably, which would be true in an ideal world. This is the first of a three part series, and it sounds like it will indeed document how to take an existing site and enhance it into a progressive web app—a strategy I much prefer to creating a separate silo that only works for a subset of devices (the app-shell model being pushed by Google).

Sunday, April 28th, 2013


Just as every instance of “the cloud” can be replaced with “the moon” or “my butt”, so too can every instance of the word “markets” in business reporting be replaced with the word “dragons”.

James has got you covered with this bookmarklet to do just that.

The dragons reacted strongly to the news.