I remember programming mainframes with paper tape in the 1970s ... like @doctorow " I was lucky, in that I entered the computing world right at the very end of the legibility of computers"
This whole thread, private equity is carving our lives up like a fucking Christmas Goose and leaving us with with the dishes. twitter.com/doctorow/statu…
"This is part of a long-run trend to higher profit margins. From 1960–80, markups averaged 26%. By 2021, it was 72%. Nearly all those markup increases (81%) can be attributed to market concentration (e.g. monopolization). In 2022, profit…" — @doctorowlink.medium.com/a6hor1UnLvb
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