Episode 2 of Nusantara, our @thedigradio.bsky.social series on history of Indonesia. This ep traces first four decades of 20th century, the Awakening Period that made modern Indonesian politics, including its three main currents: communism, nationalism, and Islam. www.thedigradio.com/podcast/nusa...
New paper out! in which we look at what it means for a social system to be dependent on economic growth - with public finance as one example 😏
Für das @surplusmagazin.de habe ich über die Interessen der US-Ölkonzerne hinter Trumps Überfall auf Venezuela geschrieben - es gibt nämlich keine 🤓 der Take ist mittlerweile nicht mehr ganz neu, aber die historische Einordnung vielleicht schon: www.surplusmagazin.de/trump-imperi...
Egal ob in Kreuzberg oder Marzahn, ob Sonnenallee oder Grunewald - wir alle wollen ein gutes Leben.
Mit unseren Kiezkantinen wollen wir soziale Orte schaffen, die gutes Essen zu bezahlbaren Preisen bereitstellen, in denen wir mit unseren Nachbarn zusammenkommen. #SozialeStadt
Vielen Dank für den positiven Take, @zeit.de @lauraewert.bsky.social ! Beim "anderen Weg" (Restaurants kochen freiwillig für Arme) wäre ich skeptisch. Aber: wir stellen als Kiezkantinen-Team der Berliner Linken bald unser ausführliches Konzept vor und freuen uns, wenn ihr das weiter begleitet!
not sure why biscotti would choose such heavy reading for our vacation but apparently @christopher-olk.bsky.social recommended it
thanks, Joscha - and thanks for spotting the mistake in the stylised CEX balance sheet!
You can read the article Multi-Perspectivity & Ethical Representation in the Context of Gaza &October 7: Addressing the Semantic Void @jannisgrimm.bsky.social and I wrote for Daedalus here, alongside many other important contributions. I’m very happy + grateful to have worked on this piece together
I am happy to share that my first article was published in Business & Politics earlier this year!
It’s availabe as a open access article here: www.cambridge.org/core/journal...
I summarise some key insights form the paper below👇
1/x
Nice nightmare reading together with @christopher-olk.bsky.social and Louis Miebs in @ripejournal.bsky.social
www.tandfonline.com/doi/full/10....
perhaps of interest to @danielagabor.bsky.social @steffenmurau.bsky.social @jvtk.bsky.social @adamtooze.bsky.social @stefeich.bsky.social @kaikodden.bsky.social @benbraun.bsky.social @jwullweber.bsky.social @matthiasthiemann.bsky.social, Michel Aglietta, Satoshi Nakamoto, and F.A. Hayek
#Crypto began as an anti-state, anti-credit project. Now it's an integral part of the state-backed credit system - just think of Trump’s 'Bitcoin Reserve'. How and why did this happen?
Find answers in our new open-access article in @ripejournal.bsky.social:
www.tandfonline.com/doi/full/10....
For now, I am very excited to share this product of almost 4 years of work, and grateful to Romain, Jeff, @andreabinder.bsky.social and many others who have been intellectual and personal companions throughout!
We need much more research to establish the direction(s) of causality, identify interactions, and understand the structures, histories and monetary institutions (e.g. offshore finance) that affect resource flows (and vice versa). Do get in touch if you are interested!
If any meaningful global sustainability transition requires limiting resource transfers (#carbonleakage etc.), this in turn requires structural changes to the global monetary system. On the flipside, changes in the global currency order mean changes in global resource flows.
In the paper, I use some simple regression models to test these hypotheses, control for additional factors, and rule out alternative explanations. In short, it looks a lot like currency hierarchy is causally linked to asymmetric resource transfers. But what does that imply?
Moreover, lower price levels in the South also directly cause ecologically unequal exchange. My new interpretation of the 'exorbitant privilege' explains how this asymmetry too might be a consequence of currency hierarchy.
In short, interest rates are higher for lower-ranking currencies. It looks like higher rates in the South nurture extractivism, hamper industrial upgrading, create various dependencies ('financial subordination’), and drive net resource outflows!
What if currency hierarchies and ecologically unequal exchange are causally linked? @RomainSvartzman & Jeff Althouse suggested this (www.tandfonline.com/doi/pdf/10.1...). My article builds on their idea by specifying, formalizing and testing causal hypotheses.
However, we also know that the structure of the global monetary system is characterized by a 'currency hierarchy': Countries that issue internationally acceptable currencies have relatively lower interest rates and higher price levels - again, a dollar 'costs' less!
What we knew relatively little about is why these asymmetries persist, i.e. why prices and exchange rates do not adjust to equilibrate the differences in factor costs and productivity (as mainstream economics would predict).
We know that Global North countries import more biophysical resources (land, energy, labour, ...) from the South than vice versa. This is because the North gets more money per exported resource, i.e. a dollar 'costs' fewer resources (s/o @kendricklamar: youtu.be/y8kEiL81_R4?...)
🧵Very excited to share my new open-access article in @WorldDevJournal: Looks like currency hierarchies are a key driver of asymmetric resource transfers from South to North, and that the causal mechanism has to do with the diverging 'prices of money': www.sciencedirect.com/science/arti...
@andreabinder.bsky.social
Wir suchen eine*n Studentische Mitarbeiter*in (SHK) für unsere Forschungsgruppe zur (Geo-)politik des Offshore-Finanzsystems! Hier ist der Call, gerne teilen:
www.fu-berlin.de/universitaet...
wird mal Zeit. Ich freu mich, @dielinkeberlin.bsky.social!
Die AK ist die beste linke/linksradikale deutschsprachige Zeitung. Abo lohnt sich enorm. ❤️
Diese großangelegte deutsche Externalisierungskampagne dieser Tage, Antisemitismus auf „Fremde“ auszulagern, so gut wie jeden Ausdruck palästinensischer Selbstbestimmung & Geschichte stummzuschalten und die Dehumanisierung einer ganzen Bevölkerungsgruppe abzunicken, ist wirklich mehr als gruselig
new paper with @jasonhickel.bsky.social & Colleen Schneider: We can fund Universal Public Services, a Job Guarantee and rapid de-carbonization, all without GDP growth or inflation! Here's how: www.sciencedirect.com/science/arti...