I was honoured to meet Mayor Mamdani in New York City this week! Every day, his administration is changing what is thinkable in economic policy. Public goods for the public good.🌹
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).
"The sense of economic decline that drives support for the far-right is real. But it is not caused by migrants. It is caused by the greed of capital." @graceblakeley.substack.com is right. As I argue in ANTI FASCIST ECONOMICS, that's why only an economics of essentials can turn the tide.
The far right is winning because people are scared for the future. The left has to combat this fear head on by showing that decline is not inevitable. Another world is possible - but only if we can take on the power of capital. Me for @euractiv.com www.euractiv.com/opinion/econ...
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». 🌹
People struggling financially have voted predominantly for the AfD in recent elections. Not in Berlin. The Left put socializing corporate landlords on the ballot, and won the election and this group.
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?
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)
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.
"When people experience a shock to their incomes and politicians fail to respond with protective measures, trust in mainstream parties falls." Thanks to @Graceblakeley.substack.com for reviewing ANTI FASCIST ECONOMICS in light of the Saxony-Anhalt election result. 📚 Preorder your copy today.
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.
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. 🌹🌾
Dover unrest exposes serious flaws in Britain’s handling of far-right extremism
Dover unrest exposes serious flaws in Britain’s handling of far-right extremism
Authorities were caught off guard by the disruption, which they labelled a ‘protest’ despite mass intimidation tactics
theguardian.com
Fellow @isabellamweber.bsky.social am 5.10. in der Urania - Tickets online leider schon ausverkauft
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.
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.
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.
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
klett-cotta.de
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/
Getting expensive to fill up this year‘s European gas stores.
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…”
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.
Just in time for the US launch, @mazzucatom.bsky.social’s Good Economy landed in my mailbox. What an incredible lineup of endorsements calling us to read and act.
The people have spoken. They want price controls. This is a vote of no confidence against market fundamentalism. For a deep dive into the politics of prices stay tuned for Anti-fascist Economics out 10/20.
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.
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.
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). 🧵
Austerity contributed to the demise of the Weimar Republic. This doesn’t seem to be well understood in Germany, of all places.
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 victory of fascism was made practically unavoidable by the liberals' obstruction of any reform involving planning, regulation, or control.” Karl Polanyi, 1944
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). 🧵
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.
A wave of progressive populism is defying political gravity (ie big money) and upending primary season in the US. It’s exhilarating to witness. 🧵