So as America becomes a dump, I did this yesterday:
Posts by Katie Cannon
There is a critical difference between holistic, authentic judgment enabled by embodied cognition, and AI's reductive simulation of the language patterns associated with such thought.
papers.ssrn.com/sol3/papers....
“These corporations steal our work to create sound-alikes, effectively forcing us into a ‘training’ role to which we never consented,” the Music Workers Alliance said in a statement.
plus.flux.community/p/eddie-dalt...
I'm listening to the oral argument in Trump v. Barbara because I want to be mad this morning.
Important new reading on venture capital takeover of the military.
They have immense control of our military apparatus and it expands by the day. Get the details.
h/t @aretvet.bsky.social
www.vcinfodocs.com/tech-fascism...
🤞
“Once the line between soldier and police officer is blurred, it is extraordinarily difficult to redraw,” writes Gustavo Flores-Macías. “This is a reality Latin Americans know all too well, and one Americans may soon come to learn.”
I’m looking forward to this book, a topic I’ve always wanted to understand better:
bsky.app/profile/niko...
Me too !!!! 🥹
Elon Musk sells us sovereignty through technology in an age of crisis. Muskism resembles past futurisms, but with an important difference: this time, the question of who owns the machines is paramount.
Can I just make up my history? 🙏🏼
"Lenders who originated data center loans—including the private credit facilities described in Section A—have begun pooling those loans and selling tranches to asset managers and pension funds, spreading risk well beyond the original lending institutions." www.quinnemanuel.com/the-firm/pub...
The tech bros own Trump and his Cult of the Clueless.
After years of research, Daphna Renan & I are thrilled to announce preorders of SUPREMACY. Why is US democracy so broken? One reason is we've wrongly accepted that 9 justices have the final say over the Constitution. This book traces how that happened—& how we can reclaim power to govern ourselves.
Money laundering & Trump:
youtu.be/ZlIagcttGY0?...
youtu.be/rDABQhTUIcU?...
I enjoyed this discussion
So thanks to both of you
States & municipalities could decide to use sub federal public institutions to create public money rather than rely on our federal government
And they should
If our government paid for a high quality public housing option, there would be more supply
Though agree that things like zoning should be addressed so high quality public housing can be built in walkable environments and such
If our government paid for medical school when it creates our currency, then we’d almost certainly have more primary docs
Medical students who would be interested in primary care specialize because it makes more money & medical school creates lots of debt for lots of medical students
Katerina Pistor has an interesting definition of “capital”: Whatever the law allows to be a source of profit.
@lpeproject.bsky.social is devoted to countering neoliberal legal theory & practice
Encasing the markets from democratic regulations
And writing laws & regulations that benifit banks & corporations
I think Katerina Pistor’s book: The Code of Capital: How Law Creates Wealth & Inequality is very good on this
Also there’s a great INET series with her that’s a great summary
And, more importantly in my mind, neoliberalism’s real goal is to derisk banks & corporations
Which we’ve certainly done
And, honestly, we had The New Deal for The Great Depression & bank bailouts for the GFC
A hot WWII economy where we issued household savings bonds to help regulate inflation. So lots of household savings vs lots of household debt
Plus stuff like the GI bill.
Here’s an older graph.
Yours is surprising. Especially considering automobile & education debt that young people carry.
I also think one element of Trumpism in the US is grifting and cons, which make use of holes in regulatory schemes, including protection of commercial speech. Tech impunity is part of that, too, with the small crackdown threat during Biden coming as a shock and leading to huge backlash
I explore a couple mechanisms here: lpeproject.org/blog/the-neo...
Other candidates include hollowed out political parties (Crouch) opening space for pseudo populist insurgents and (more difficult to track) atomism and anomie culturally
A monstrously comprehensive nearly three hour long episode of @thedigradio.bsky.social examining the economic warfare dimensions of the US-Israeli war on Iran and Iran’s asymmetric response with Aslı Bâli, @yarbatman.bsky.social, and Nicholas Mulder. www.thedigradio.com/podcast/econ...
Do you have a graph for the growth of household debt as a percent of GDP?
I mean is SNAP subsidizing low wages paid by corporations plus the profits of banks?
Our government should have bailed out Main Street so it could bail out banks by continuing to make its bank payments
Once the rapid response to stabilize banks had created enough stability