Surveillance capitalism will implode not because of its exceptionally bad karma but under the weight of its own economic stupidity. In the "Mystery of Capital"

Surveillance capitalism will implode not because of its exceptionally bad karma but under the weight of its own economic stupidity. In the "Mystery of Capital" de Soto waxes lyrical about "why capitalism triumphs in the west and fails everywhere else": Spoiler alert, it is due to conceiving and protecting private property. Spoiler alert II: that was once upon a time in the west and it is no more. If wealth is built on a system that secures property and if that applies to land, tangible assets, intellectual property etc it sure as hell also applies to digital "land", information flows, data sovereign business models, entrepreneurial agency and all the value that those can in principle support. In fact the panopticon "platform" system, conceived by sociopaths and inflicted on western societies by corrupt politicians is more feudalism than capitalism in outlook (Complete with the modern day serfs plying the rented clouds). To those individuals salivating to be part of this malevolent trillion dollar club: a trillion is sizable "value", I'll grant you that. But its nothing like the value that would be generated if society as a whole was empowered to be part of a digital economy. You can also throw in democracy and humanistic ideals as a bonus.