This essay, on what the GameStop affair tells us about stock markets and corporate power, was my Observer column this week. It was published on 31 January 2021, under the headline “An uprising against Wall Street? Hardly. GameStop was about the absurdity of the stock market”. For those of us who are as intimate with the inner workings of the stock market as we are with the circuitry of the Large Hadron Collider, the brouhaha over GameStop has been illuminating. While the story may […]

Categories: Economy, International • Tags: corporate censorship, corporate power, discord, gamestop, hate speech, misinformation, reddit, robinhood, shorting, stock buyback, stock market, wall street, wallstreetbets