UnitOfTheAbsolute
@UnitOfAbsolute
friendly drone / no one in particular / UWJSIS / PSCC / ILCPS / RM / views barely ‘my own’ & not those of my affiliates
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And now..in our regular discussion of how climate change is really geopolitics...I give you Thea Riofrancos and her fabby new book on the Rhodes Center Podcast: player.captivate.fm/episode/16ccbb…
player.captivate.fm
The extraction industry powering the green transition
I think the especially worrying thing here is how little relationship this seems to have with the economic cycle. In the past, lots ot jumps in apparent working-age disability etc have been because of labour market weakness. Hard to make that argument with these charts.
NEW: We are facing a growing crisis of economically and socially dislocated young adults The share of young people who are: - Not working - Not seeking work - Not in education, and - Not raising children is approaching 10% in the UK and US, and has doubled in the UK in a decade
Brutal assessment of the Biden administration's Fed picks from @Petercontibrown petercontibrown.substack.com/p/the-biden-ad…
Out next summer with Allen Lane in the UK and Little, Brown in the US and available for pre-order now: penguin.co.uk/books/451280/t…
This is where I do have *some* sympathy with the postliberals, because I think we share a common revulsion about how the social and political system actually works. The difference is that you can be repelled by the status quo and not think "hey, this Hitler guy had a point."
OpenAI’s CFO is calling for government guarantees. Why? Because they understand the risk that the data center sector has unwittingly (or maybe wittingly) walked itself into. Our new report explores what’s happening on a project finance level to make sense of the bigger picture.
Despite disagreement, I do respect Lingling's work and her professionalism, but I must respectfully disagree again with several key points in the article below. I've lived in both countries too as a scholar. Reducing China's governance to "the Party controls everything" and…
What people have in the U.S. is a messy, loud, and often vicious debate about how to allocate resources. What people have in China is the absence of one. wsjchina.cmail19.com/t/d-e-gjipjl-d…
Most people looking at this from a western lens will see this as a bad thing but given the typical Chinese village experience with “local govt autonomy” is abusive local cadres that are difficult to hold accountable and the informal gangs they form this is probably a good thing.
Excellent new article drawing on field research, interviews with local officials, and close reading of official documents, explaining how the Party has been building out organizational capacity to exert unprecedented (since Mao) influence over village governance (600,00+ units).
At last — a really intelligent and accurate genealogy and assessment of postliberalism. The RO input is fully given its due. Much gratitude to the author from me and @AdrianPabst1.
The World Bank's 1993 "East Asian Miracle" report attributed the miracle to macroeconomic fundamentals, not state intervention. "Industrial policy" would remain taboo for 30 years. In a new JEP symposium, @nancymbirdsall -- who oversaw the report -- reassesses that call. 🧵
And beware of the plumbers. Central banks increasingly invoking all sorts of plumbing problems in money/bond markets, pretending they're still in the driver's seat, when they're really yielding to fiscal pressure. Expanding the size of central bank balance sheets used to be all…
I prefer ‘security capitalism’ to ‘political capitalism’. The latter suggests a political depth which is completely missing in this capture. authoritarian-stack.info newleftreview.org/issues/ii155/a…
We’re definitely past neoliberalism. All the logics of discipline and rules-of-the-game stuff is out of the window. So, what kind of capitalism, what kind of political economy, what kind of logic of accumulation do we have now? Best one word answer: Palantir. @tedfertik
Interesting and very timely. Opacity is the tool.
"This paper argues that withholding information, rather than reducing supply, has become China’s preferred way to manage its dominant role in the rare earth industry."
My current hypothesis on why Wang’s arguments has gained such prominence, (apart from him being interesting and intelligent and well-regarded on this beat) is (1) it serves the threat inflation camp, and (2) it serves the centrist-liberal version of the ‘abundance’ narrative…
When you listen to Dan Wang speak about the Chinese and US economies one thing he emphasises a lot, as he does at the beginning of this interview with Douthat, is that "things don't work here [the US]; thing work exceptionally well there [China]" with the usual emphasis on…
If you could assign students *one* article, essay, or book chapter by a contemporary New Right thinker that serves as a lucid and coherent introduction to their political thought, what would it be and why?
once again, @tobihaslett has been over this
The political novelist is a fiction writer in diminished form. The great novelist’s intentions, motivations, and biases are forever obscured behind a rhetorical mask. The great novelist doesn’t aspire to be a political actor, but a ventriloquist.
8/ The longer politicians cling to the simulation the more it disintegrates. This gives a strange set of incentives where they must tell the public increasingly fictional stories rather than adjust their messaging. In essence, politicians are stuck inside their own simulation as…
final page of the Intro to Hellworld is a description of a "you" drowning in pigshit, "the fluid pour[ing] into your skull." "Like everything I tell you here, this is not fiction. It really happened. It is happening now."
Free Gifts by @alybatt is a remarkable, important work of sophisticated Marxist theory informed by spectacularly detailed analysis of our actually-existing capitalist world—and beautifully written at that. It’s about nature but also everything. Wow. Convo this fall @thedigradio.
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