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NOT YOUR ROBIN HOOD: GAMESTOP AND PLATFORM ECONOMICS AT PLAY

In January 2021, GameStop and AMC, stocks with no discernable reason
 for an increase in value, rose abruptly in price. This was soon understood as the result of
 manipulation by members of the r/WallStreetBets subreddit. While individualized stock
 trading is often framed as equalizing the playing field, everyday people remain second-class
 participants in the stock market, which quickly became clear as trading was suspended on
 stocks the Redditors targeted. Backlash against this decision played out across platforms.
 We argue that this incident is the inevitable result of treating platforms (and economics)
 through the lens of gaming and trolling. The first key issue in the r/WallStreetBets
 incident was content moderation, as the Robinhood trading app stopped the trading, the
 subreddit the traders used to organize went private, and the corresponding Discord server
 was banned. The second important factor in this incident was coordinated inauthentic action,
 as thwarted traders immediately turned to the app store and targeted Robinhood with a review
 bombing campaign. Third, while the popular response to the r/WallStreetBets saga was
 frequently celebratory, seeing their actions as a challenge to capitalism and evidence of
 progressive politics, longstanding tropes associating Jewish people with capital, meant that
 Redditors’ anti-capitalism slid easily into anti-Semitism. Ultimately, many of the patterns
 of the Reddit stock incident locate it in a long history of coordinated internet action
 steeped in toxic technocultures. However, the expansion of these practices into taking
 direct action on economic systems worth billions of dollars is new and calls for rigorous
 attention