Doomscroll with Joshua Citarella Doomscroll 38: Liz Franzcak
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Dec 29, 2025 Liz Franzcak, co-host of TrueAnon and commentator on internet culture, dives into the complex interplay of conspiracy theories and capitalism. She argues that conspiracies represent distorted historical narratives, linking them to our fragmented media landscape. Exploring the moon landing and today’s online identities, she critiques the allure of influencer fame and crypto speculation as reflections of late-stage capitalism. Furthermore, she analyzes how tech has morphed into an essential infrastructure, merging with state power amidst rising economic challenges.
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Atomized Identities Reveal Capital Ties
- The internet atomizes culture into niche identities rather than a single oppositional counterculture.
- Franzcak argues that this fragmentation exposed people's underlying relationship to capital instead of producing class consciousness.
Tech As Infrastructure, Not Just Industry
- Tech is no longer a standalone sector but an input that coordinates logistics across state and private life.
- Franzcak emphasizes that cloud, AI, and platforms now embed into housing, agriculture, and state operations.
Profit Shapes What America 'Builds'
- The U.S. builds what is profitable today, which currently means data centers, not factories or housing.
- That profit logic channels trillions into asset-based spending rather than material rebuilding.
