“Over there” 😐
Posts by Chevan Nanayakkara 🗽
Thanks I followed him, I rarely use Blue Sky but feel I should do it more. Please keep referring me to people to follow.
Planned Obsolescence & Techno-Illiteracy has brought us HERE!
m.youtube.com/watch?v=QuSt...
lmf
America is built on good faith: the commitment that when we disagree, we negotiate honestly. Everyone's interests deserve a seat at the table.
Enthusastically abandoning those processes to support whatever the authoritarian wants is unamerican.
Criticism is easy. Outrage is exhausting. Apathy is the rational default.
Building is the only thing that has ever worked when systems fail and people lose hope.
New essay: Be a Builder
Thank you!! But it’s all from you!
In 2025, I felt like the country died. American hope was never just a feeling. It was infrastructure: systems that made participation meaningful. Those systems have broken. This is my attempt to understand how, and what rebuilding requires.
They’re lovers (of economics) not fighters 😇
Venezuela isn't a debate- it's a diagnosis. We can't afford cooperation with China but can afford military force? 50 years of monetary mythology created this: strategic weakness abroad, neo-feudalism at home.
For 50 years, both political extremes have kept you passive. The far right blocks collective action. The far left blocks reform. Both serve oligarchy. Part 3 reveals what they hide: you can preserve American values through capacity stewardship.
Not my revolution, I'm just the messenger! But seems like yours is well underway 😄
@umbrarchist.bsky.social I just came over here to drop you a note. My substack has been doing quite well. I cite the essay that we wrote together often - it's become a cornerstone of helping explain how economic mythology operates to constrain ordinary people while enabling extraction by elites. TY!
The New Deal, Scandinavian social democracy, the GI Bill: democratic reform works.
But far-left positions declaring all reform "collaboration" ensure nothing gets accomplished while concentrated wealth operates unopposed.
Taxation is theft" isn't philosophy. It's a corporate-funded weapon.
Far-right rhetoric attacks democratic capitalism by declaring all collective action "violent coercion."
Result: oligarchs operate without democratic accountability.
😆
I am at your service.
In 1946, NY Fed Chairman Beardsley Ruml said "taxes for revenue are obsolete." The federal government doesn't need tax revenue to spend. We spent 80 years forgetting what he told us. Time to remember.
Slightly different take: bsky.app/profile/chev...
How can we make economics a science? I developed a six-attribute framework and applied it to economics.The result: the discipline uses science without being a science: still teaching 16th-century concepts in the 21st century. Let's fix it.
Ha, hope so!
Designating Saudi Arabia a major non-NATO ally gives significant military benefits. Doing so moments after dismissing Khashoggi’s murder—and attacking the journalist and network who asked about it—shows how far Trump is willing to go to elevate those U.S. intelligence has tied to murder.
People who yell about generational inequality are liars or fools. The problem is the super-rich, not your parents deanbaker22.substack.com/p/the-rich-p...
I just threw up a little. And cried a little. What happened to Trump voters?
It's about creating real opportunity, not just survival. Foundation + genuine choice = actual freedom. When basic security is guaranteed, people can take real risks and markets work better for everyone.
Full framework: chevan.info/opportunity-...
UBA is part of a larger policy framework I call "Opportunity Economics." Dignified subsistence guaranteed to all enables real choice. Compete in markets when you want, step back when you need to, pursue whatever path works for you.
Bottom line: UBA (housing, healthcare, education) + UBI (cash flexibility) > UBI alone. The latter on its own just feeds rent-seeking markets. The former builds capacity while the latter enables choice. We need both, but foundation comes first.
The OpenDemocracy piece makes good points about poorly-designed UBS (targeted = not universal) - what I'm calling UBA. I agree!
That's why my framework emphasizes actual universality: public housing available to all, Medicare for All, free public universities... not means-tested scraps.
The flexibility argument is valid. That's WHY I support UBI supplementing UBA. Once housing/healthcare/education are publicly provided, cash supplements become actual discretionary income, not just landlord subsidies. Foundation first, then flexibility works.
On rent capture: landlords adjust to known income floors over time, not instantly.
Evidence:
Section 8 vouchers → rents rise ~50% of voucher value over several years.
Student loans → tuition up 180% (real terms) across decades.
Universal pre-K → childcare prices up 8-15% over rollout period.
Thanks for engaging! I think we mostly agree. My essay explicitly says UBI could work on top of UBA. I'm not rejecting cash transfers, just warning they fail alone without addressing inelastic markets. UBA provides foundation, UBI provides flexibility. 🧵