Metaviews: Future of Authority

Metaviews: Future of Authority

244: The Prediction Markets That Ate the State

Speculating on When the Society of the Spectacle Crashes

Jesse Hirsh's avatar
Jesse Hirsh
Nov 06, 2025
∙ Paid

As the US government remains shut down, millions of federal employees check their accounts, hoping for deposits that don’t arrive. Across the country, state administrators scramble to keep programs like SNAP and Medicaid running. Some manage to extend benefits for another week or two. Others can’t. The gaps are uneven, confusing, and quietly devastating.

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