After a few pages the article gets past Greenwalds hatred for the NYT and eventually makes an interesting point (which I'll quote without further comment):
"Beyond all this, what if he had used the word “retarded”? What would it mean? If someone uses that term maliciously, as a slur against others to mock their intellect, it is certainly reasonable to condemn that. Used with that intent and in that context, it is unnecessarily hurtful for people who suffer diseases of cognitive impairment.
But that is not remotely what happened here. Anyone who spent any time at all on the sub-Reddit thread of r/WallStreetBets knows that “retards” was the single most common term used by those who short-squeezed the hedge funds invested in the collapse of GameStop. It is virtually impossible to discuss the ethos of that subculture without using that term. This was one of their most popular battlecries:
“We can stay retarded longer than you can stay solvent.”
And the use of that term in the sub-Reddit was not just ubiquitous but fascinating: layered with multiple levels of irony and self-deprecation. Sociologists could, and should, study how that term was deployed by those Redditors and what role it played in forming the community that enabled them to strike a blow against these hedge funds. It reflected their self-perceived place at the bottom of social hierarchies, expressed the irony that they as unsophisticated investors were defeating self-perceived financial wizards, and marked their culture and community as transgressive. Did some use it with malice? Maybe. But there was vast complexity to it."
"Beyond all this, what if he had used the word “retarded”? What would it mean? If someone uses that term maliciously, as a slur against others to mock their intellect, it is certainly reasonable to condemn that. Used with that intent and in that context, it is unnecessarily hurtful for people who suffer diseases of cognitive impairment.
But that is not remotely what happened here. Anyone who spent any time at all on the sub-Reddit thread of r/WallStreetBets knows that “retards” was the single most common term used by those who short-squeezed the hedge funds invested in the collapse of GameStop. It is virtually impossible to discuss the ethos of that subculture without using that term. This was one of their most popular battlecries:
“We can stay retarded longer than you can stay solvent.”
And the use of that term in the sub-Reddit was not just ubiquitous but fascinating: layered with multiple levels of irony and self-deprecation. Sociologists could, and should, study how that term was deployed by those Redditors and what role it played in forming the community that enabled them to strike a blow against these hedge funds. It reflected their self-perceived place at the bottom of social hierarchies, expressed the irony that they as unsophisticated investors were defeating self-perceived financial wizards, and marked their culture and community as transgressive. Did some use it with malice? Maybe. But there was vast complexity to it."