One of the beautiful things about Mamdani’s renewal of NYC government is that it shows how deeply business interests are usually baked into state capacity. Why should private equity, banks and real estate interests advise a mayor on what to spend?

War kills. War makes life unaffordable for the many. But war is great for profits. “Profits accounted for 13.9% of US economic output in the first quarter, the highest share recorded.” JPMorgan CEO Dimon said the environment was “getting close to as good as it gets”.

(1/2) The Iran war is a redistribution machine: Big oil profits have shot up to historic highs. Our research shows that 50% of fossil fuel profits go to the richest 1% in the U.S. The rich are the ultimate beneficiaries of the war windfalls.

“Oil hasn't reached the profit rates of tech companies” is an absurd defense of staggering windfall profits in fossil fuels. It's like saying because we are not living under feudalism, there is no problem with inequality.

(1/3) The IMF finds “China is backing strategic businesses, like green tech, while the west props up old sectors with political clout, like agriculture.” In the West, capital disciplines the state to prop up high profits in old industries.

Grocery margins are low is a frequently rehashed point to argue against Mamdani’s public grocery stores. Grocery is indeed a low margin business. But its median return on invested capital is above that for all firms, so it is NOT a low profitability business. Let me explain. 🧵

Zohran Mamdani is launching a public price war on private providers: Guaranteeing that public providers undercut private stores means leveraging the laws of the market in the interest of affordability for all.

Reporter: Isn’t there concern that this slippery slope to socialism inevitably ends up as full-blown communism? AOC: They want to call everything they don’t like communist because if people actually wake up to the fact that their elected officials are screwing them over when they get here

Nice profile of the brilliant Anton Jäger www.theguardian.com/politics/202...

Meet the man whose groundbreaking book is being devoured by the left

Anton Jäger has been lauded for his exceptional ability to make sense of these strange political times – and he’s only 32. The writer and academic explains why we’re living in an age of hyperpolitics

theguardian.com

Affordability is a peace question.

ELAS, die neue Partei von Alexis Tsipras, springt aus dem Stand auf 17 Prozent und Platz 2, überholt die PASOK und SYRIZA stürzt auf 1 Prozent ab. Nur zur Info, weiß auch nicht genau, was ich davon halten soll.

Europe Elects@europeelects.bsky.social · 2w ago

Greece, Interview poll: ND-EPP: 29% (-1) ELAS-*: 17% PASOK - KINAL-S&D: 11% (-2) EL-ECR: 10% (+1) KKE-NI: 6% EgtD-*: 6% (-2) MeRA25~LEFT: 3% FL-PfE: 3% PE-NI: 3% DPK-RE: 3% (+1) SYRIZA-LEFT: 1% ... +/- vs. 02-06 July 2026 Fieldwork: 15-20 July 2026 Sample size: 3,419 ➤ europeelects.eu/greece

What does a grain have to do with anti-fascist economics? Everything. Penguin put the whole argument on the UK cover of my book. A thread 🌾

The biggest gift for an academic is time to do research in peace and quiet. That’s exactly what the Berlin Institute of Advanced Studies offers. Thrilled to be a fellow for the academic year 2026/2027. I’m back in the German capital!

Will zombie neoliberalism resign along with Starmer? Burnham has the decisive shot at anti-fascist economics. The far right is on the doorstep. Reform ahead in the polls. This is the moment to show: there is an alternative (TIA), there always was.

Just as expected: Refinery margins shooting up like rockets with the latest uptick in crude oil prices. This is why we need refinery margin caps as in Austria instead of gas subsidies as in Germany.

Add this book to your wishlist, we will need it in the near future when we rebuild

Isabella M. Weber@isabellamweber.bsky.social · 4w ago

They say an author is "pregnant" with a book. As a new mum, I can confirm the analogy doesn't stop there: books have a postpartum period too — copy-edits, page proofs, sleep deprivation and all. Anti-fascist Economics has reached the final pass at @penguinrandomhouse.bsky.social! Out in October!

This is by an economist all should be paying attention to (I have been for several years). This will be on my order slate at my local independent bookseller, first thing tomorrow.

Isabella M. Weber@isabellamweber.bsky.social · 4mo ago

Economics can either enable the slide toward fascism, or defend affordability, dignity, and democracy. I wrote ANTI-FASCIST ECONOMICS with my baby by my side—a constant reminder that the future should be livable for all. Out in October with Random House.

Looking forward to recording an episode of Oddlots (@tracyalloway.bsky.social @weisenthal.bsky.social) today with @levmenand.bsky.social on Unitary Executive minus the Federal Reserve theory. In addition to my piece, check out Lev's in @justsecurity.org www.justsecurity.org/145707/slaug...

The Federal Reserve Exception to the Slaughter Rule

On the Supreme Court’s latest reasoning about the Federal Reserve and the fault lines that are likely to emerge O the years ahead.

justsecurity.org

Nathan Tankus@nathantankus.bsky.social · 3w ago

Want to take a moment to point out the run of 12 pieces I've had since coming back June 10th (33 days ago). I'm really proud of this work and think its some of my best. Subscribe because I've got the rest of the summer's schedule already filled out www.crisesnotes.com#/portal/signup

Thinking about the lethal heat as white supremacists amass in DC. @naomiaklein.bsky.social and I frame the rise of what we call End Times Fascism as a *war over who survives the future.* The far right knows the earth is warming and their response isn’t denial—it’s monstrous survivalist supremacy.

Josh Chafetz@joshchafetz.bsky.social · last mo.

What kind of fascist hellscape is happing on Pennsylvania Ave at the Eastern Market Metro stop? These guys—seemingly all white, all men—have their faces covered, are carrying shields, wearing brown …

Ireland's questionable track in tax and digital regulation has led us to demand the Irish EU presidency to recuse itself from related files. Signatories: @mazzucatom.bsky.social Shoshana Zuboff @isabellamweber.bsky.social @jasonhickel.bsky.social @nsrnicek.bsky.social & 50 more Sign below

They say an author is "pregnant" with a book. As a new mum, I can confirm the analogy doesn't stop there: books have a postpartum period too — copy-edits, page proofs, sleep deprivation and all. Anti-fascist Economics has reached the final pass at @penguinrandomhouse.bsky.social! Out in October!

Germany's pension reform commission was a success, mostly. Its debt brake reform commission? Not so much. CDU and SPD cannot agree. @isabellamweber.bsky.social and @philippasigl.bsky.social make the only sensible proposal: there are EU rules already, let's just use those.

They say an author is "pregnant" with a book. As a new mum, I can confirm the analogy doesn't stop there: books have a postpartum period too — copy-edits, page proofs, sleep deprivation and all. Anti-fascist Economics has reached the final pass at @penguinrandomhouse.bsky.social! Out in October!

Erste Analyse der Oesterreichischen Nationalbank auf Basis von Preisdaten der ersten Juliwoche: Senkung der Mehrwertsteuer auf Grundnahrungsmittel wird fast vollständig weitergegeben. www.oenb.at/Publikatione...

Die vollständige Weitergabe der Mehrwertsteuersenkung ist bei allen Produktgruppen von Brot über Nudeln und Gemüse bis Obst sichtbar. Der dämpfende Effekt auf die Juli-Inflationsrate beträgt laut OeNB 0,15 Prozentpunkte.

Or how your body weight is enough to reveal a woman's class.

Soumaya Keynes@soumayakeynes.ft.com · last mo.

Most people know that richer people tend to be thinner. Less appreciated is that this divide is largely driven by women. My column: The economics of women's weight 300 free clicks: as.ft.com/r/feaaaacf-8...

What a line-up for the public lecture held to mark Isabella Weber’s inauguration as Karl Polanyi Visiting Professor: @isabellamweber.bsky.social @anninak.bsky.social @jayatighosh.bsky.social @kpolanyisociety.bsky.social

Com autoria de @isabellamweber.bsky.social, Jesus Lara Jauregui, Lucas Teixeira e a codiretora do Made Luiza Nassif Pires, "Inflation in Times of Overlapping Emergencies: Systemically Significant Prices from an Input–Output Perspective" venceu o Christopher Freeman and Richard R. Nelson Prize 2025.

Not for nothing there's a Javier Milei Institut in Germany www.milei-institut.de

Fredrijk Rabeyman@fredrijkrabeman.bsky.social · last mo.

When South American influential libertarians key intellectual and strategist within the Latin American landscape and close to Milei are engaging with the far right AfD. exemplifying @quinnslobodian.com 's thesis

Nice to be @npr.org's Book of the Day www.npr.org/2026/06/30/n...

A new book argues Elon Musk is the architect of a new world view : NPR's Book of the Day

A new book argues that Elon Musk has an influence in the 21st century similar to what Henry Ford had in the 20th. He's not just a businessman, but the architect and proponent of a world view. Historia...

npr.org