david phelps 🐮🏰🃏🐘 on X: "and why not? memes aren’t culture—they’re templates for culture you cocreate with your friends nothing could be a better vehicle for pooling social and financial capital to make value out of valuelessness that’s all cocreated culture is anyway" / X

To view keyboard shortcuts, press question mark View keyboard shortcuts Messages Post See new posts Conversation david phelps @divine_economy · 11h we’re officially living in the memeconomy i don’t just mean that value in every sector is in the ability to become a meme but that memes themselves are now money—and arguably the primary driver of blockchains, toys, etc lemme repeat: we’re officially living in the memeconomy Show more 25 14 116 11K david phelps @divine_economy · 11h the memeconomy is the natural culmination of a century of consumption that has seen the imploding of manufacturing jobs, rise of automation, and buying as a *hobby* to invert marx, commodities are now definite quantities of congealed *attention-time* in place of labor-time 1 6 609 david phelps @divine_economy · 11h what happens when the improvements to everyday life standards have diminishing returns? what happens when there’s little to invest in besides the giant monolithic corporations that have won?

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