Future

Social media reconsiders its relationship with the truth

Illustration of La Verité by Jules Joseph Lefebvre holding a mobile phone with the Facebook logo in place of her mirror
Illustration: Aïda Amer/Axios

For years, Facebook and other social media companies have erred on the side of lenience in policing their sites — allowing most posts with false information to stay up, as long as they came from a genuine human and not a bot or a nefarious actor.

The latest: Now, the companies are considering a fundamental shift with profound social and political implications: deciding what is true and what is false.

The new threat to capitalism

Illustration: Rebecca Zisser/Axios

In what would have been widely dismissed as absurd even a year ago, a mainstream consensus has suddenly swept the world that the core of the global economic system has gone terribly awry, requiring a basic shakeup of capitalism.

The big picture: But the problem may be far more fundamental than an excess of human ruthlessness, as many believe. Instead, experts say, capitalism is under another, more intractable assault — by inexorable long-term population trends that may kill the ability of economies to grow.