Martijn Konings
@mkonings.bsky.social
4.1K followers 940 following 330 posts
Political economist at University of Sydney. Most recent book The Bailout State: Why Governments Rescue Banks, Not People (Polity, 2025). Now working on property and democracy.
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mkonings.bsky.social
Very pleased to announce that The Bailout State is now available everywhere. Get a copy and find out why governments rescue banks, not people!
Reposted by Martijn Konings
jathansadowski.com
In the new TMK Premium, we trace how the sprawling networks of data capture built to funnel profits through the adtech ecosystem and platform economy are also powering an exterminationist techno-politics carried out by fascist agencies and their corporate collaborators. Oops!
Premium – 426. The Road to Hell is Paved with Advertisements | This Machine Kills
Get more from This Machine Kills on Patreon
www.patreon.com
mkonings.bsky.social
Looking forward to a decade of mainstream political science debating whether this rehabilitates VoC claims about the enduring relevance of the CME.
benbraun.bsky.social
Remember when dense networks of strategic cross-shareholdings among firms, native to coordinated market economies, went the way of the dodo?

The Rhenish model, Germany, Inc. undone by Anglo institutional investors?

Well, the dodo is back. Say hello to USA, Inc.
www.bloomberg.com/news/feature...
mkonings.bsky.social
The definite sense that this makes is political – the AI industry has positioned itself in such a way that its speculative claims will have to be validated to some extent, regardless of economic fundamentals. Market melt-up = expectation of bailout.
katie0martin.ft.com
I'm not saying it makes a huge amount of sense, but I am saying a market melt-up is a distinct possibility. The bad stuff just isn't sticking - on.ft.com/48PHt3p
Brace for a market melt-up
[FREE TO READ] Some say this is a ‘good’ bubble, but investors should remember that all bubbles burst in the end
on.ft.com
mkonings.bsky.social
“Hardcore fascist ideologues certainly see themselves explicitly in spiritual terms, even if you don’t.”
Reposted by Martijn Konings
moneyontheleft.bsky.social
"This is a fundamental restructuring of public spending, a way out of neoliberalism’s violent allergy to the fiscal spending that expands the economy and lifts up the population."

-Doctorow
Blue Bonds
State debt is generative.
doctorow.medium.com
Reposted by Martijn Konings
benpatrickwill.bsky.social
Anyone wondering why private equity firms remain interested in edtech - it's because of truly eye-popping speculative valuations like this:

"The global education market is expected to soar to $8trillion in value by 2030" www.privateequityinternational.com/private-equi...
Reposted by Martijn Konings
tabouchadi.bsky.social
Now out in @cpsjournal.bsky.social. In our new article, @denis-cohen.bsky.social @thmskrr.bsky.social and I show that where local rent prices increase more, residents with lower incomes become more likely to support the radical right AfD.

journals.sagepub.com/doi/10.1177/...
Reposted by Martijn Konings
davidsirota.com
Here's what happens when Abundance pretends problems can be fixed exclusively with more supply but no check on corporate power: You get housing monopolists selling off the supply to investors rather than supply creating lower prices that benefit regular people.

www.levernews.com/the-corporat...
Reposted by Martijn Konings
stschrader1.bsky.social
The second portion of this great convo is now available!
Reposted by Martijn Konings
stuartelden.bsky.social
Katja Diefenbach, Spinoza in Post-Marxist Philosophy: Speculative Materialism - trans. Gerrit Jackson, @edinburghup.bsky.social, November 2025
edinburghuniversitypress.com/book-spinoza...
Cover of book - white and grey with a crest in bottom right corner
Reposted by Martijn Konings
mkonings.bsky.social
I think I was momentarily enthused by the professed interest in breaking with excellence discourse. But I agree with your take that it's all consistent with a project centred on human capital formation with an authoritarian edge.
mkonings.bsky.social
Couldn't agree more with the quote from Shorten below. But then you read the piece and there's just nothing but the vapid consultancy speak - modularity, agility, stackabilty - that prevents universities from allocating resources in a sensible way in the first place.
drdemography.com
THIS!
‘Australia’s higher education market is saturated with prestige-driven narratives that often alienate…potential students from regional, first-in-family, neurodiverse, mature-age and non-traditional backgrounds. It is time for change.’ theconversation.com/bill-shorten...
Bill Shorten ‘re-imagines universities’, with specialist institutions and bespoke degrees
University of Canberra Vice-Chancellor Bill Shorten has called for a “fundamental re-imagining” of Australia’s universities
theconversation.com
Reposted by Martijn Konings
Reposted by Martijn Konings
adriennebuller.bsky.social
A short intro for Issue 2 of The BREAK—DOWN from me & @johnmerrick.bsky.social

The issue takes many approaches to "the frontier", but always with a core question: which compromises for a sustainable future unavoidable, & which should we resist at all costs?

www.break-down.org/on-frontiers/
Introducing Issue #2: Frontiers
In the trade-offs between decarbonization and human and ecological impact, how do we determine which costs are bearable, or inescapable, even necessary—and who gets to make these decisions?
www.break-down.org
Reposted by Martijn Konings
ninaecon.bsky.social
Later posting than usual, but: my newsletter this week is about Stephen Miran, his economic views, and what it could all mean for dollar dominance -- please check it out! open.substack.com/pub/ninaeich...
Stephen Miran and the Fed
Some thoughts about Stephen Miran, the Federal Reserve, and Exorbitant Privileges and Burdens
open.substack.com
Reposted by Martijn Konings
matthuber.bsky.social
Finally read @alex1789.bsky.social critique of the new arguments about techno/neo-feudalism on the left. Great stuff! americanaffairsjournal.org/2025/08/tech...
Reposted by Martijn Konings
wombatscholar.bsky.social
A nice article about friend and colleague Raewyn Connell in the SMH, including foreshadowing her new trans memoir. Pleased to see she's delivering this year's Ted Wheelwright lecture in political economy at Sydney University - one of the few universities to maintain political economy and Marxism.
Raewyn’s groundbreaking work changed how we think about men. Its origins were deeply personal
Raewyn Connell has a global reputation and is speaking at an event marking one of the PM’s intellectual influences.
www.smh.com.au
Reposted by Martijn Konings
zohrankmamdani.bsky.social
"How Are the Very Rich Feeling About New York’s Next Mayor?"

A Dramatic Reading of The Recent New York Times Dispatch from the Hamptons.

Presented by The Gilded Age's Morgan Spector.
Reposted by Martijn Konings
aaronwistar.bsky.social
As US interest rates have risen, debt crises have exploded across much of the Global South. The IMF is doing to countries like Kenya and Sri Lanka what DOGE is trying to do to the US.

@danieldenvir.bsky.social
@70sbachchan.bsky.social
@iliasalami.bsky.social

podcasts.apple.com/us/podcast/t...
New World Order w/ Ilias Alami and Tim Sahay
Podcast Episode · The Dig · 03/24/2025 · 2h 19m
podcasts.apple.com