Dear faithful readers,
I’ve been giving some thought to what to do to make Naked Capitalism a more effective and appealing voice. The big constraint is me. There are things big and small (such as going to conferences and meetings, or doing fieldwork, like going down to visit OccupyWallStreet, or doing anything on various tech questions or suggestions that involve more than a copy and paste and forward to my tech guy) that don’t happen because I give priority to getting a certain level of posts out a day. It hard even when I don’t have competing responsibilities, like consulting work or speaking gigs, and a backbreaker when I do (one symptom: my inbox is totally out of control. I regularly find messages that are days or even weeks old that I missed. And it might be nice to work my way off my night creature hours).
So I either need more time or more resources. Since I don’t know how to add more hours to the day, more time does not seem to be the answer. More resources would allow me to get more leverage. I already have people who have been very generous with their support (in particular Richard Smith). But they do this on an ad hoc basis, which means I can’t ask them to synch their schedules with mine, or drop things if too many big news stories are hitting at once.
I could try to steer the blog in a more crassly commercial direction to increase traffic and go more into market commentary. Yet having yet another site doing market commentary seems less valuable than having NC continue in the direction of focusing on deeper political and economic undercurrents, as well as debunking financial services industry and political propaganda. I like interacting with a readership that demands and frequently provides high quality information and analysis and doesn’t want neatly packaged, largely orthodox thinking.
So that’s a long-winded way of saying I’m thinking of having a fundraiser and wondered if NC readers would support the idea. Other bloggers like Glenn Greenwald do fundraisers, and I think there is a way I could do it so it would be engaging rather than a drag (I have less than fond memories of telethons from my childhood). Keeping this community vibrant and relevant has become more challenging in the wake of the crisis, as there are even more news threads to follow and the officialdom is devoting even more resources to preserve a broken status quo. I welcome your input.