Claire Hartnell
@cjhartnell.bsky.social
750 followers 320 following 1.4K posts
Mostly systems thinking, complexity, organisational anthropology but also far too much amygdala hijack stuff Substack: https://clairejhartnell.substack.com/
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cjhartnell.bsky.social
I wrote about the ‘unkillable birds’ that have been allowed to take over our system. We see our world as predictable and linear. We think small contingencies will protect us from the worst risks. They won’t. Here's why:

open.substack.com/pub/clairejh...
The unkillable bird
Gaussian markets, power laws and the hyper cycle
open.substack.com
cjhartnell.bsky.social
I know it sounds like a crash would be a good thing but you’re forgetting that lots of them *want it*. Dimon & Dalio + other asset managers are hedged for a crash & want to come & buy assets cheaply. If banks crash, so do pensions, house prices, savings & probably currencies. It would be v bad.
cjhartnell.bsky.social
No chance of bailout this time. It would lead to a currency crash. Might do anyway.
cjhartnell.bsky.social
You’re not alone Ben. I’m sure I’m not the only person who wants to be able to help you just as we help our family members who need extra support. I know it’s not the same as family, but many people here worry about you & would like to help where we can, even if it’s just offering a kind word.
cjhartnell.bsky.social
*Sent to me by one of my subscribers which was nice of them.
cjhartnell.bsky.social
@matthewstoller.bsky.social I wanted to share this on your Substack post but I’m not a paid subscriber so 🔐 It’s a v interesting study of connectivity among TNCs. Guess what? The core is 75% financial intermediaries 😳. The overall network shape is a bow tie. journals.plos.org/plosone/arti...
The Network of Global Corporate Control
The structure of the control network of transnational corporations affects global market competition and financial stability. So far, only small national samples were studied and there was no appropri...
journals.plos.org
Reposted by Claire Hartnell
techmeme.com
JPMorgan Chase reports that $1.2T of debt is now tied to AI-related companies, making it the largest segment in the investment-grade market (Caleb Mutua/Bloomberg)

Main Link | Techmeme Permalink
cjhartnell.bsky.social
A beautiful example of Doublespeak👇
bluegeorgia.bsky.social
Stephen Miller: "Eventually elections don’t carry the day because violence beats votes… When we see a muscular response from the federal government, it’s because we’re not going to let violence beat votes."

Is he implying federal intervention determines political legitimacy, not ballots or courts?
cjhartnell.bsky.social
So state appropriation *is* OK after all? I can’t keep up with the Right.
cjhartnell.bsky.social
I think Aunt Lucy’s doing a Hitler salute? Paddington will claim he just followed orders at the trial in 5 years’ time.
cjhartnell.bsky.social
He’s really impressive! He’s going to win a lot of disgruntled labour voters if he carries on this way.
Reposted by Claire Hartnell
bladeofthes.bsky.social
Greta Thunberg “I'm not scared of Israel. I’m scared of a world that has seemingly lost all sense of humanity.”

Stand with Greta, stand with humanity.
cjhartnell.bsky.social
Thanks. I misread it as a letter from him.
cjhartnell.bsky.social
Are you suggesting we shouldn’t have automation? Honestly I think that’s the wrong take. It’s the old lump of labour fallacy. The economy didn’t stop when engines were invented. Or - for that matter - fire / agriculture / the wheel. All labour saving technology.
Reposted by Claire Hartnell
newseye.bsky.social
NEW: Extraordinary scenes in Amsterdam this afternoon (Sunday, Oct 5).

An estimated 250,000 bring the city to a standstill; people all wearing red to show solidarity with Palestine 🇵🇸

(🎥 Ahmed Zantac)
cjhartnell.bsky.social
… democracies have hit a tipping point with debt, housing & inequality that demands new thinking. The worry is not the loss of the Tory party, it’s the absence of an emergent Left party to offer a riposte to Reform. Perhaps the Greens will achieve this.
cjhartnell.bsky.social
Isn’t it obvious that the system state has changed? The emergence of new parties (Whigs, Tories, Labour, Social Democrats)or flipped allegiances (Democrats / Republicans) occur when existing parties cannot cover the demands of constituents (attenuate the variety of the system). Western …
cjhartnell.bsky.social
Cheap immigration just helps companies undercut wages. On the Left, we get v confused about this because we hate discrimination based on race. But if there weren’t a cheap precariat available to clean, pick produce, deliver & mop up, we’d have to pay more or innovate.
cjhartnell.bsky.social
That’s insane. I’ve only seen him in person once - introducing a very interesting speech at the LSE. He was obscenely self regarding, preening & unable to read the room. He wasted precious question time for the speaker, telling tiresome anecdotes that barely raised a cough.
cjhartnell.bsky.social
Not for the first time, it is my job to post that all public officials need to be taught systems thinking.
Reposted by Claire Hartnell
philsturgeon.com
The Left isn’t split, it’s reorienting itself. <Your Party> exploded before it even picked a name, but with Zack crushing mainstream media and socials alike, we’ve finally got a chance to push an authentic story of hope and change at a national level through doing stuff that actually works.
cjhartnell.bsky.social
What will your Centre Right party do differently? Good luck with suggesting “rejoin EU”. Or perhaps it will be “industrial strategy”. How? Will it borrow more or tax more? There’s no Centre Right party because there’s no Centre. We don’t know what works any more because the system state has changed.
cjhartnell.bsky.social
You said it. The question to answer is why there is zero chance of them getting elected. And the answer, I’m afraid, is that the problems we face are systematic & can’t be resolved with ‘good chaps’ in government. That’s what Starmer offered & he crashed into bond yields like the rest of them.