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Posts by Basak Kus

And here are the slides from
Tim’s talk 👇

1 week ago 1 0 0 0

@70sbachchan.bsky.social: this will likely trigger a permanent regime shift. Oil and gas are no longer reliably available when needed, at bearable prices. The geopolitical conditions that once stabilized them are gone. Electrification offers a structural exit from this system.

1 week ago 13 5 0 0

This isn't just about gas prices- we are looking at physical shortage with second-order consequences most people don't see yet, Tim says: no gas means no fertilizer, no sulfuric acid means no mining, no cooking gas means governments possibly shutting down restaurants to prioritize households.

1 week ago 12 4 1 0

@70sbachchan.bsky.social: energy shocks are geopolitical in origin AND they cascade. They amplify nonlinearly, triggering economic crises, political instability, and social shockwaves.

1 week ago 9 3 1 0
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What a day! @triofrancos.bsky.social, @aldasky.bsky.social and @70sbachchan.bsky.social came to Wesleyan University and blew our minds. Watching people operate with that much rigor and generosity- is genuinely restorative. Makes you want to go back to the desk and do better work. Thank you!

1 week ago 15 3 1 1
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The reason it feels hard to get ahead right now is because it's hard to get ahead right now. Wages are barely keeping up with prices, and prices are just starting to heat up.

1 week ago 729 258 10 16
CDMX: Dignity and Possible Futures – coexist by Basak Kus, Tim Sahay & Mitali Thakor As part of our Bailey COE Think Tank’s ongoing work on disruption and futures that feel increasingly unpredictable, and more dystopian than hopeful, we (Basak Kus, Mitali Thakor, and Tim Sahay) headed to Mexico for a three-day excursion. The trip was short and intentionally dense. Curated by…

My colleague Mitali Thakor, @70sbachchan.bsky.social, and I wrote a piece reflecting on our visit to CDMX.

coexist.blogs.wesleyan.edu/2026/04/02/c...

We discuss the Utopias initiative led by Mayor Brugada, Rafael Cauduro’s murals, and our convo with technology scholar Paola Ricaurte Quijano.

1 week ago 0 1 0 0
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Feel the disruptions in empire, economics, ecology?
Join @triofrancos.bsky.social & I & @basakkus.bsky.social
at Wesleyan University
Extraction: the frontiers of green capitalism
www.theariofrancos.com/extraction
Iran War & the dawn of the Electric World Order
thepolycrisis.org/electric-wor...

2 weeks ago 22 8 0 0

🚨New piece in Politics & Society! w/ @maxkiefel.bsky.social @mathiaslarsen.bsky.social
Internationalizing Industrial Policy: How China and the United States Use State Capacity to Secure Critical Minerals for Electric Vehicles 🇨🇳 🇺🇸
doi.org/10.1177/0032...

2 months ago 39 21 5 0
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Could America win the AI race but lose the war? The US has gone all-in on artificial intelligence. But the idea of an end-of-times battle with China over tomorrow’s key technology is part delusion, part lobbying tool for Silicon Valley

US bet: Ai, China bet: Green
“In 2024, the country invested an estimated $940bn in clean-energy capex, broadly defined as renewables, electricity grids and energy storage (batteries), dwarfing its AI investments” ft.com/content/1258...
Presented basically this argmnt last wk @basakkus.bsky.social

4 months ago 57 24 3 1
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From Kuznets to Daly: Growth, Social Justice and the State in the Age of Climate Crisis Intereconomics is an academic journal that publishes articles by experts on current economic and social policy issues affecting Europe.

Intereconomics has a forum on "Frontiers of Growth" in their last issue and I have a piece in it: "rom Kuznets to Daly: Growth, Social Justice and the State in the Age of Climate Crisis." www.intereconomics.eu/contents/yea...

4 months ago 1 0 0 1

It’s been 20 years and, as always happens, people have forgotten again that financial markets are inherently prone to collapse. It looks superficially different every time so we can con ourselves into believing otherwise

6 months ago 33 9 3 1
Client Challenge

I finally got around to reading @jonasmeckling.bsky.social's Nature article "The geoeconomic turn in decarbonization" and it is a must read!
www.nature.com/articles/s41...

6 months ago 6 1 1 1
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“Chinese overseas FDI is nearing $100 billion per year. The Marshall Plan was $200b—and locked Europe into US tech and standards. When we see sums of this size, we can ask whether it will have a similar effect on the globe.”

NEW: @70sbachchan.bsky.social & @mathiaslarsen.bsky.social on the BRI 2.0

7 months ago 20 9 1 2

This year, the College of the Environment think tank at Wes will focus on “Risk and Uncertain Futures: Responding to Global Disruptions.” We've exciting events in the works and are thrilled to welcome Tim Sahay as our distinguished fellow!
@70sbachchan.bsky.social @wesleyanuniversity.bsky.social

8 months ago 3 0 0 0

We're now inviting proposals for the New Thinking in Industrial Policy Conference, November 6–7, 2025, at Columbia University!

It is a great opportunity to present and discuss the latest research on industrial policy across the social sciences.

8 months ago 4 3 0 0
Assistant Professor of Government Wesleyan University Rank: Assistant Professor Subfield(s): Open Wesleyan University's Department of Government invites applicants for a tenure-track Assistant Professor of Government beginning July 1,...

Hello folks, we are hiring in the area of global justice (potential research areas include human rights, international inequality, migration, global health, the environment, international law, or the erosion of democracy).

Here is the ad: wesleyan.wd5.myworkdayjobs.com/en-US/career...

8 months ago 2 0 0 0
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In Constitutional Clash Between Trump and Courts on Tariffs, Risks Ahead for Progressive Policies - Roosevelt Institute Today, the US Court of Appeals for the Federal Circuit heard oral arguments in two lawsuits brought against the Trump administration’s chaotic deployment of tariffs. To some observers, these cases may seem like arcane, boring trade law in a federal court that few have heard of. To others, the lawsuits represent an opportunity to resist Trump and fight his overreach on tariff hikes that are already starting to pinch consumers’ wallets. But it’s important to step back and look at some less obvious stakes in these disputes: Namely, what kind of powers do or should presidents have in the future to deal with economic emergencies?

A new blog post by Director of Industrial Policy and Trade @toddntucker.com breaks down what’s really at stake from the tariff court hearing—and why the outcome could shape economic policymaking for years.

Read more 📄 rooseveltinstitute.org/blog/c...

8 months ago 9 10 1 1
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“The postwar order rested on three pillars: American hegemony, the fossil-fuel energy system, and an open, multilateral trading order. America has now attacked each pillar at the foundation of its hydrocarbon global order.” —
New: @katemac.bsky.social & I
www.phenomenalworld.org/analysis/bri...

9 months ago 703 203 15 34
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In I’m Still Here, a Mother Refuses to Let a Dictatorship Rewrite Reality - Public Seminar Sonali Chakravarti reviews I'M STILL HERE, and discusses the importance of fighting for a full life under fascism.

My brilliant colleague and friend Sonali Chakravarti (who's not here) wrote about I'm Still Here. It's a lovely piece.
@publicseminar.bsky.social

publicseminar.org/2025/04/im-s...

1 year ago 6 2 0 0
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Just as welfare states can be categorized by their various functions—how much they decommodify, how much they equalize, the source of provision, and whom they primarily benefit—green states can also be conceptualized and categorized by the roles they play and how those roles are structured.

1 year ago 1 0 0 0

How to think about the green state? "Just as the welfare state was a political response to protect the social body from the risks and fluctuations of market-based economic systems, green states are a political response to shield against the many changes and disruptions caused by climate change...

1 year ago 1 0 1 0

We argue that "fully addressing the transformative challenges brought up by climate change requires a fundamental rethinking of core PE concepts related to the state, distributional struggles, economic growth, varieties of capitalism, and markets."

1 year ago 0 0 1 0
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Green Transitions: Rethinking Political Economy in the Context of Climate Change Although political economy (PE) has long engaged with environmental issues, climate change has remained at the margins of the field until very recently. This article argues that fully addressing the ....

Full special issue out today: Greening the Economy: Toward a New Political Economy: onlinelibrary.wiley.com/toc/17485991...
See the open access article by GJ and yours truly: "Green Transitions: Rethinking Political Economy in the Context of Climate Change": onlinelibrary.wiley.com/doi/10.1111/...

1 year ago 15 3 1 0
ABSTRACT
Although political economy (PE) has long engaged with environmental issues, climate change has remained at the margins of the field until very recently. This article argues that fully addressing the transformative challenges brought up by climate change requires a fundamental rethinking of core PE concepts related to the state, distributional struggles, economic growth, varieties of capitalism, and markets. Rather than treating the state as a neutral regulator or market facilitator, we conceptualize the green state as actively structuring transitions through mitigation policies, adaptation strategies, and the governance of just transition conflicts. Green transitions generate new distributional conflicts—within and across countries, between incumbent and emerging industries, and among social groups with unequal exposure to climate risks and transition costs. Climate policy also challenges growth-centered economic models, raising questions about the viability of green growth versus degrowth strategies. Different varieties of capitalism are evolving in response, with distinct institutional pathways shaping the speed and character of transition efforts. Finally, we critique market-based approaches that assume price mechanisms alone can drive decarbonization, highlighting the role of non-economic values, institutional constraints, and distributional struggles in shaping green markets. By linking climate change to core debates in comparative and international political economy, we identify new research agendas for understanding the uneven and contested pathways of green transitions across economic systems. This article, along with the others in this special issue on Greening the Economy: Toward a New Political Economy, aims to bridge some of these critical gaps.

ABSTRACT Although political economy (PE) has long engaged with environmental issues, climate change has remained at the margins of the field until very recently. This article argues that fully addressing the transformative challenges brought up by climate change requires a fundamental rethinking of core PE concepts related to the state, distributional struggles, economic growth, varieties of capitalism, and markets. Rather than treating the state as a neutral regulator or market facilitator, we conceptualize the green state as actively structuring transitions through mitigation policies, adaptation strategies, and the governance of just transition conflicts. Green transitions generate new distributional conflicts—within and across countries, between incumbent and emerging industries, and among social groups with unequal exposure to climate risks and transition costs. Climate policy also challenges growth-centered economic models, raising questions about the viability of green growth versus degrowth strategies. Different varieties of capitalism are evolving in response, with distinct institutional pathways shaping the speed and character of transition efforts. Finally, we critique market-based approaches that assume price mechanisms alone can drive decarbonization, highlighting the role of non-economic values, institutional constraints, and distributional struggles in shaping green markets. By linking climate change to core debates in comparative and international political economy, we identify new research agendas for understanding the uneven and contested pathways of green transitions across economic systems. This article, along with the others in this special issue on Greening the Economy: Toward a New Political Economy, aims to bridge some of these critical gaps.

#Specialissue #Greentransitions #Politicaleconomy

'Green Transitions: Rethinking Political Economy in the Context of Climate Change'
by @basakkus.bsky.social & Gregory Jackson

See special issue introduction 👇

onlinelibrary.wiley.com/doi/full/10....

1 year ago 7 3 1 1
Picking Losers: Climate Change and Managed Decline in the European Union You have to enable JavaScript in your browser's settings in order to use the eReader.

Ah! I forgot about THIS amazing paper by @trgn.bsky.social and Luuk Schmitz. You want to know what the divestments and losses involved with decarbonization mean for the regulatory state? Make sure to read it!
@reggovjournal.bsky.social
onlinelibrary.wiley.com/doi/epdf/10....

1 year ago 6 0 0 1
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Climate Politics in Latin America: The Cases of Chile and Mexico This paper focuses on climate coalitions and commitments in the Global South by comparing the cases of two Latin American countries, Chile and Mexico. Chile, once a laggard, emerged as a regional lea...

Isik Ozel on climate politics in Latin America: why is it that "Chile, once a laggard, emerged as a regional leader in climate policy in the early 2020s, while Mexico, a pioneer until the early 2010s, experienced a backlash and retreated"?
onlinelibrary.wiley.com/doi/full/10....

1 year ago 2 0 0 0
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The Development of Carbon Markets in Upper‐Middle‐Income Countries Upper-middle-income economies face a specific set of trade-offs when reducing carbon emissions, which differ from the trade-offs faced in low- and high-income economies. To mobilize domestic funds, m...

Check out these two wonderful papers! It’s not just about carbon in the West—what’s happening in other regions of the world? Renato Lima de Oliveira and Pieter Stek on carbon markets in Brazil, Indonesia, and Malaysia.
@reggovjournal.bsky.social
onlinelibrary.wiley.com/doi/full/10....

1 year ago 3 1 1 0
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Climate Change and the Social Order Despite decades of awareness, societies have failed to adequately respond to climate change, as evidenced by rising CO2 emissions and the continued dominance of fossil fuels in global energy consumpt...

And Jens Beckert frames the climate crisis as a crisis of legitimation. He argues that the climate crisis and the politics of adaptation will be the defining issues in the coming decades, and social scientists must engage with these issues.
onlinelibrary.wiley.com/doi/10.1111/...

1 year ago 2 0 0 0
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The Green Economy and the Global South The idea of a “green economy” is one of the latest attempts to bridge the environment and development aims, with a focus on economic growth that makes it appealing to countries that still see a signi...

Kathryn Hochstetler focuses on green economy and the Global South: Are the promises of the green economy credible in the conditions of the Global South? Will the green economy reach the poorest populations of the Global South?
onlinelibrary.wiley.com/doi/full/10....

1 year ago 1 0 1 0