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Vincent F. Hendricks's Sucker Nation asks the questions 'Why do intelligent, informed people continue to participate in systems they privately distrust?' and 'Why does exploitation persist even when manipulation is widely recognized?' This timely book argues that the answer lies in a structural 'hustler/sucker' distinction-not a matter of intelligence or morality, but of epistemic asymmetry and failed common knowledge. Drawing on game theory, epistemic logic, and the philosophy of attention, it shows how rational agents can become trapped in equilibria where acting reasonably still means paying a price, i.e. trading wits for vanity.

From financial markets and crypto bubbles to political communication, online scams, and platform society, agency itself becomes the resource that others extract. This book shows that to act, one must be visible; to be visible is to be exploitable. Insight does not dissolve this condition-it clarifies it. What remains is a tragic form of agency: damaged, unavoidable, and still necessary. A must-read for all those who have online lives - that means all of us ...