Wednesday, January 09, 2019
"MasterCard Is the Final Boss": how globalization may have led payment processors to try to suppress conservative of even hyperindividualistic speech (and crushing Patreon)
The 40 minute documentary “MasterCard Is the Final Boss”, animated, by ShortFatOkatu , lays out a quite chilling theory of why payment processors, most of all MasterCard, are behind so many of the recent de-platformings.
He explains how Mastercard links “inclusivity” to “data” and even filed for a patent to use data to predict future political events (like Brexit). Critical is the idea of “digital identity (at 20:30).
A financial institution’s future business growth means having more consumers, so it pays to be inclusive of groups that might otherwise be at odds with each other (such as LGBT and Muslims must both be included enthusiastically). MasterCard also admits that it pursues political activity that advances its future profitability, which generally includes more immigration and more attention to developing countries, pretty much the opposite of Trumpism and right wing populism. It even includes participation in philanthropies or other activities from the workplace (even like kiva) that would tend to cause more overseas inclusion. Therefore it may have a reason to pressure others into “charitable” activities that would support its own future business model (such as Facebook’s trying to get users to run donation buttons from their own personal pages, which might amount to conditionally compelled speech).
The video also looks to a dystopian future where DNA prints could be used to exclude “undesirable” people from the financial system.
This sort of aggressive consumer globalizing has encourage the labeling unpopular people as “alt-right-adjacent” or as sympathetic or encouraging others to engage in anti-inclusive activities – which is why people like Milo and Sargon of Akkad "had to go" (as "alt-right-linked" even if not that extreme themselves). I think this explains why Google and the progressive Left were so offended by James Damore (and Charles Murray, as well now as people like Jordan Peterson), whose ideas make moral sense from an individualistic or “personal responsibility” perspective but confound those who want to leverage identarianism for future political or economic growth. Murray, though, doubles back a bit when he encourages a certain amount of tribalism or eusociality. Introverted people, who tend to be more individualistic and more conservative, don’t fare well with this setup.
I can remember at ING-ReliaStar in Minneapolis in the late 1990s when inclusivity was promoted but then was so benign. Supporting diversity cost nothing then.