Isabella M. Weber

@isabellamweber.bsky.social

EconProf, UMass Amherst Robinson, Keynes, Meiksins Wood, Rothschild & Matthöfer Prizes | Harvard Associate in Research | 2023 TIME100 Next

Service post: “Energy is complicating the Fed’s case for higher rates” = Rate hikes will not stop the war on Iran, reopen the Strait of Hormuz or bring down energy prices (unless they manage to push down the economy).

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On the evening that Elif Eralp won the Berlin mayoral race with a Mamdani-style campaign, I arrive in NYC for an event hosted by Mayor Mamdani and am welcomed at the hotel by my first review copy of «Anti-fascist Economics». 🌹

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The AfD won another state election according to exit polls. 51% of workers and 58% of those with a poor financial situation voted for this right wing extremist party in Mecklenburg-Vorpommern. When will we finally get an economics of never again?

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The Left party just won a historic victory in Berlin with 24.5% of votes according to exit polls. Elif Elrap would be the first mayor of Turkish descent in a city that is home to the largest Turkish community outside Turkey. (1/3)

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We are back at rate hikes to fight a supply shock. Will this stop the war against Iran? Will it reopen the Strait of Hormuz? Will higher financing costs help build out renewables? No. But it risks pushing livelihoods & democracies over the edge.

Just in time for the latest oil price spike, we published our article urging the ECB not to hike rates to fight a supply shock. Europe needs a new inflation governance for shockflation. We need disaster preparedness for essentials instead of increasing investment costs.

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The AfD slogan in Saxony-Anhalt is: "Everything is possible." We cannot afford to leave the far right a monopoly over the alternative to an unbearable status quo. That's why I wrote Anti-fascist Economics. Thrilled that @leaypi.bsky.social sees my book as helping us see a feasible, better future. 🌹🌾

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Warum Autorenwelt statt Amazon? Bei Amazon landet ein Teil des Erlöses im Imperium von Jeff Bezos, einem Trump-Oligarchen. Über Autorenwelt gibt's ein signiertes Buch, ein Teil der Marge geht direkt an mich – ich nutze sie für antifaschistische Wirtschaftspolitik in der Praxis. Eure Wahl.

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Wir können die Alternative zum status quo nicht länger den Rechtsextremen überlassen. Deshalb habe ich Antifaschistische Wirtschaftspolitik geschrieben. Aber es braucht nicht nur ein Buch sondern ein breites Bündnis. Deshalb präsentiere ich im Gespräch! Link im Kommentar.

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Die Welt läuft aus dem Ruder und der Text läuft mit - heute ist Zweifelssohn erschienen! Er spielt in einer Welt, der die eigene Gegenwart abhanden kommt. Weil an allen Ecken die Gewalt durchbricht. Und ich fürchte, der fiktionale Anteil nimmt gerade täglich ab. 1/ www.klett-cotta.de/produkt/max-...

Zweifelssohn von Max Czollek

Zweifelssohn begleiten auf seiner Reise die Spuren einer Gewalt, egal ob in der Bahn, bei einem Abendessen mit Fremden, im

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Das ist ein echter Skandal: Das Berliner Finanzamt droht der Vereinigung der Verfolgten des Naziregimes (VVN-BdA) mit dem Entzug der Gemeinnützigkeit. Aufhänger dafür ist ihre Trägerschaft der Kampagne „AfD-Verbot jetzt!“. Antifaschismus soll also fortan nicht mehr gemeinnützig sein. 1/

Can’t wait to read @isabellamweber.bsky.social’s book where she “envisions an economics that centers on essentials for livelihoods…that strives to make life on our planet livable for all, that confronts rather than conceals corporate power & charts the way towards international cooperation…”

Book cover of ‘Anti-Fascist Economics: In Defense of Affordability, Dignity, and Democracy’ by Isabella Weber

“As inequality, inflation, and overwhelming corporate power threaten democracy, a rising-star economist asks what it would mean to create an anti-fascist economics that guarantees dignity for all.

On the night of President Trump's second presidential victory, economist Isabella Weber tweeted: "Can we now finally have a serious conversation about an anti-fascist economics?" In her view, Democrats had missed the seriousness of the affordability crisis in the wake of pandemic-era inflation. By refusing to step in to protect their constituencies against price explosions in essentials and corporate profiteering, they left room amidst the global crisis for the resurgence of the politics of resentment that Trump and the right reveled in.

Her question, though, was a bold one with implications that reached far beyond one election. In a neoliberal world, we tell people at the same time: Democracy is the highest form of political organization. And: When it comes to the economy, to the material foundation of our life, the best the representatives of the people can do is to subordinate their constituencies to the corporate pursuit of profits. This basic contradiction between the rule of the people and the rule of the market makes neoliberal democracy vulnerable to the threat of fascism, she argues. Economists have too often acted as prophets of market subordination and ended up waxing the slippery slope to fascism. Isabella Weber warns that if we are serious about saving democracy and preventing the further rise of fascists, we need an economics that serves democracy and centers people’s needs and dignity rather than seeing their fulfillment as a welcome side effect in the pursuit of other goals.

In Anti-Fascist Economics, Weber proposes just such a way out. She envisions an economics that centers on essentials for livelihoods and production, that strives to make lif…
Isabella M. Weber@isabellamweber.bsky.social · 4w ago

We are witnessing a shock redistribution from the many to the rich: The profit share is at its highest level since WWII. The first bump was sellers’ inflation which ushered in Trump. The second bump is Trump’s chaos casino designed to push up profits.

We are witnessing a shock redistribution from the many to the rich: The profit share is at its highest level since WWII. The first bump was sellers’ inflation which ushered in Trump. The second bump is Trump’s chaos casino designed to push up profits.

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The $20 burrito question is a crossroads. Democratic path: address the affordability crisis, end the war & deliver an economy that works for all. Authoritarian path: downplay material grievances, mobilize through culture war and resentment, & rely on intimidation and coercion.

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Isabella is rightly worried: Since the Linke would lead this government and is committed to expropriating institutional landlords, and since the SPD is still the same old SPD, chances are the SPD is going do what it always does when the vibes in Berlin get a little too revolutionary.

Isabella M. Weber@isabellamweber.bsky.social · 2mo ago

The SPD needs to urgently relearn anti-fascist economics. The only hope for Germany to get a progressive government again at a time when the extreme right is #1 in the national polls is a coalition of the Left, the Social Democrats and the Greens (red-red-green). 🧵

The SPD needs to urgently relearn anti-fascist economics. The only hope for Germany to get a progressive government again at a time when the extreme right is #1 in the national polls is a coalition of the Left, the Social Democrats and the Greens (red-red-green). 🧵

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This is why we need anti-fascist economics. Avi nails it: The desire to push back against the arrogance and impunity of elites is a defining force in politics today. It will either be harnessed by progressive politics to make a fairer economy for all… Or it will fuel fascism.

Avi Lewis@avilewis.ca · 2mo ago

A wave of progressive populism is defying political gravity (ie big money) and upending primary season in the US. It’s exhilarating to witness. 🧵