Davide
@criticofpolecon.bsky.social
political economy, states, labor, finance international relations, development and radical politics 📚 🚩💪
Does anyone know where I can get a physical copy of Stigum's Money Market in Canada? I'm trying not to import it for 70 dollars...
September 4, 2025 at 2:37 AM
Does anyone know where I can get a physical copy of Stigum's Money Market in Canada? I'm trying not to import it for 70 dollars...
EUROPEANS/UK: Are there any schools/institutions that study public banking/finance that you suggest to keep an eye out for? Looking for places to potentially do an exchange in the future.
June 7, 2025 at 2:25 PM
EUROPEANS/UK: Are there any schools/institutions that study public banking/finance that you suggest to keep an eye out for? Looking for places to potentially do an exchange in the future.
Reposted by Davide
And if more AI -> fewer jobs then a problem of demand lagging supply -> Deflation and debt distress, slower growth.
Technofetishism almost always ignores the issue of the distribution of income across classes and among firms.
Technofetishism almost always ignores the issue of the distribution of income across classes and among firms.
June 1, 2025 at 4:11 PM
And if more AI -> fewer jobs then a problem of demand lagging supply -> Deflation and debt distress, slower growth.
Technofetishism almost always ignores the issue of the distribution of income across classes and among firms.
Technofetishism almost always ignores the issue of the distribution of income across classes and among firms.
The push towards private-markets/credit is really a fullfrontal attack. It's just never ending, they really want a full expansion.
I can’t believe anyone in institutional finance would say something like this with a straight face. By that logic baseball cards are a safe investment: www.wsj.com/finance/inve...
May 25, 2025 at 6:26 PM
The push towards private-markets/credit is really a fullfrontal attack. It's just never ending, they really want a full expansion.
I've been off twitter for mental health/distraction reasons, but I might as well post when I publish new pieces here. This week I wrote some thoughts on the Canada vs China "trade war" and the paper tiger that is the Canadian EV industry.
criticofpolecon.substack.com/p/competitio...
criticofpolecon.substack.com/p/competitio...
Competition and EV Production: China vs Canada
EV production in China
criticofpolecon.substack.com
May 9, 2025 at 1:23 PM
I've been off twitter for mental health/distraction reasons, but I might as well post when I publish new pieces here. This week I wrote some thoughts on the Canada vs China "trade war" and the paper tiger that is the Canadian EV industry.
criticofpolecon.substack.com/p/competitio...
criticofpolecon.substack.com/p/competitio...
Happy Birthday Marx. Unfortunately these words are truer than ever.
May 6, 2025 at 1:32 AM
Happy Birthday Marx. Unfortunately these words are truer than ever.
Trump really have screwed over the Westminister right...
good on yer mate!
doesn't hurt that the German intelligence agency labeled AfD an extremist party also yesterday.
doesn't hurt that the German intelligence agency labeled AfD an extremist party also yesterday.
May 3, 2025 at 8:52 PM
Trump really have screwed over the Westminister right...
Reposted by Davide
Good morning. It is now 12:01 AM, which means a 25% tariff on all $114B in non-USCMA-compliant auto part imports has now gone into effect, alongside a hideously complex system allowing carmakers to rebate tariffs on 15% of the content in a US-made car this year & 10% next year
May 3, 2025 at 4:06 AM
Good morning. It is now 12:01 AM, which means a 25% tariff on all $114B in non-USCMA-compliant auto part imports has now gone into effect, alongside a hideously complex system allowing carmakers to rebate tariffs on 15% of the content in a US-made car this year & 10% next year
Reposted by Davide
in a country so trapped in the politics of grievance, amazing that there are no public riots for the manyfold ways in which private equity is canibalising housing, with generous support from the American state.
truthout.org/articles/gov...
truthout.org/articles/gov...
Government Assistance for Affordable Housing Is Enriching Private Equity Firms
Critics say Trump’s pick for top housing regulator has private equity interests that are at odds with reform efforts.
truthout.org
May 2, 2025 at 2:47 PM
in a country so trapped in the politics of grievance, amazing that there are no public riots for the manyfold ways in which private equity is canibalising housing, with generous support from the American state.
truthout.org/articles/gov...
truthout.org/articles/gov...
Reposted by Davide
Remember how much trolling our degrowth fellows had to endure for suggesting maybe it's time to shrink consumption.
Amazing that a Republican president would say this out loud.
Amazing that a Republican president would say this out loud.
That's gonna go over great, sir. Just the message Americans haven been proven to be completely receptive and absolutely not unhinged about in the last 5 years
April 30, 2025 at 6:16 PM
Remember how much trolling our degrowth fellows had to endure for suggesting maybe it's time to shrink consumption.
Amazing that a Republican president would say this out loud.
Amazing that a Republican president would say this out loud.
Reposted by Davide
Hard to make the trend clearer than this: African countries are paying interest to creditors instead of paying for teachers and textbooks
April 30, 2025 at 9:45 PM
Hard to make the trend clearer than this: African countries are paying interest to creditors instead of paying for teachers and textbooks
Reposted by Davide
#theywantyoudead 18
Big win for Teams Cancer, Dementia and Pandemic.
Big win for Teams Cancer, Dementia and Pandemic.
The National Institutes of Health, the largest funder of biomedical research in the world, has fired 1,300 employees and cancelled more than $2 billion in federal research grants. https://cbsn.ws/4daiCrv
How cuts at the National Institutes of Health could impact Americans' health
Cuts and layoffs to the National Institutes of Health threaten medical research around the U.S., agency insiders warn.
cbsn.ws
April 29, 2025 at 3:51 PM
#theywantyoudead 18
Big win for Teams Cancer, Dementia and Pandemic.
Big win for Teams Cancer, Dementia and Pandemic.
Reposted by Davide
🏦 Maximizing Policy, Not Profits (By Thomas Marois)
🎥 Produced for the Municipal Services Project and the Public Banking Project by the @tninstitute.bsky.social.
📚 For more content on public banking, check out the recently released book: tinyurl.com/yew29h4t
🎥 Produced for the Municipal Services Project and the Public Banking Project by the @tninstitute.bsky.social.
📚 For more content on public banking, check out the recently released book: tinyurl.com/yew29h4t
April 16, 2025 at 9:36 PM
🏦 Maximizing Policy, Not Profits (By Thomas Marois)
🎥 Produced for the Municipal Services Project and the Public Banking Project by the @tninstitute.bsky.social.
📚 For more content on public banking, check out the recently released book: tinyurl.com/yew29h4t
🎥 Produced for the Municipal Services Project and the Public Banking Project by the @tninstitute.bsky.social.
📚 For more content on public banking, check out the recently released book: tinyurl.com/yew29h4t
Reposted by Davide
Reposted by Davide
Adding a bit more heterogeneity to the asymmetry, hierarchy, heterogeneity characterizing structural power in the US global empire (here in relation to credit creation). Asymmetry: if your banks lend in USD (90% of USD lending is non-US banks) you might need emergency dollar funding. 1/4
This reads like a quid pro quo.
US gets: Argentina cutting ties with PBOC/RMB by canceling the (oft used) swap line.
Argentina gets: US commitment to provide dollar credit via Treasury's ESF in the event of a future liquidity crisis
1/
US gets: Argentina cutting ties with PBOC/RMB by canceling the (oft used) swap line.
Argentina gets: US commitment to provide dollar credit via Treasury's ESF in the event of a future liquidity crisis
1/
April 23, 2025 at 11:51 AM
Adding a bit more heterogeneity to the asymmetry, hierarchy, heterogeneity characterizing structural power in the US global empire (here in relation to credit creation). Asymmetry: if your banks lend in USD (90% of USD lending is non-US banks) you might need emergency dollar funding. 1/4
Reposted by Davide
If you were waiting to read our “origins of the new finance capital” substack piece until AFTER the Jacobin editors got a hold it, here it is.
You’ve been saving for retirement. But Wall Street has been using your savings to erode union strength, inflate asset prices, and consolidate its control over the economy.
Turning Retirement Against Workers
You’ve been saving for retirement. But Wall Street has been using your savings to erode union strength, inflate asset prices, and consolidate its control over the economy.
jacobin.com
April 24, 2025 at 6:31 PM
If you were waiting to read our “origins of the new finance capital” substack piece until AFTER the Jacobin editors got a hold it, here it is.
The fact that welfare has provided the literal fool for the growth in the power of finance is one of the sickest twists of history ever
Yes, let's not lose sight of this. It's true e.g. that that people's 401(k)s lost value in this particular market crash. The bigger problem is that this s a terrible way to provide for old-age security in the first place.
Also: the fact that the trigger is entirely policy-driven doesn’t mean that having a financial system built around huge leveraged systemically important financial institutions, largely outside of regulatory oversight and doing a lot of stuff that is not obviously socially useful, is sensible.
April 9, 2025 at 10:08 PM
The fact that welfare has provided the literal fool for the growth in the power of finance is one of the sickest twists of history ever
URGENT MUTUAL AID: So far we've raised about 670/5000 USD. Unfortunately the Canadian dollar is tanking so these donations end up being worth much less, so if you're in the U.S/EU PLEASE share this and try and donate, it will help a lot!!!
November 27, 2024 at 5:21 PM
URGENT MUTUAL AID: So far we've raised about 670/5000 USD. Unfortunately the Canadian dollar is tanking so these donations end up being worth much less, so if you're in the U.S/EU PLEASE share this and try and donate, it will help a lot!!!