This is a lovely write-up of a remarkable place. Quietly transgressive in ways that already now feel impossible. Was my dream job to join Perc, so sad to see it go
Will Davies@will-davies.bsky.social · 2mo agoWe are closing @goldperc.bsky.social after 12 years. Here I reflect on the times and what we made of them www.goldperc.uk/project_post...
Predatory recruitment ‘will cause UK university failures’. Hepi report proposes capping student numbers for high-tariff universities with soaring undergraduate recruitment. www.researchprofessionalnews.com/rr-news-uk-u...
Predatory recruitment ‘will cause UK university failures’ - Research Professional News
Hepi report proposes capping student numbers for high-tariff universities with soaring undergraduate recruitment
researchprofessionalnews.com
Very excellent and welcome correction to maddening bond market discourse
Daniela Gabor@danielagabor.bsky.social · 3mo agoBritain needs a transformative state but progressive politicians worry about the gilt cage constraining public investment - here are three steps to get out of the bond vigilantes' hock. www.theguardian.com/commentisfre....
New in SER: Nils Peters shows soaring UK startup valuations in the 2010s were less about VC power & more about a struggle for ownership. Late‑stage funds pushed into early‑stage rounds, intensifying competition & a small elite captured outsized returns. doi.org/10.1093/ser/...
Bringing ownership in: a conjunctural approach to venture capital valuations
Abstract. High startup valuations are commonly perceived as expressions of venture capitalists’ (VCs) power. This study complicates this view and argues th
doi.org
New co-written paper out asking how Marxist IPE can use history to question our theories. We ask how Marxists can study capitalism without reifying the world market? www.tandfonline.com/doi/abs/10.1...
For all the talk of decline in Britain today by the right, the thing that is never mentioned is privitisation and financialisation. Very glad to see @cmmonwealth.bsky.social tackling this head-on: www.theguardian.com/politics/202...
Among many things, it's just the sheer amount of people whose actions, small and large, have helped coordinate and sustain the genocide that breaks my heart
Great new paper on the political economy of austerity by @ilovering.bsky.social. Uncovers history of austerity as an expansive programme of state planning and centralisation of power, rather than a macroeconomic policy driven by bond holders, state slashers etc www.tandfonline.com/doi/full/10....
Austerity governance and the performance anxieties of the tax state
Austerity might not have reduced the net spend of the state, but it has certainly transformed it into something more centralised, coercive, and managerial. The austerity literature often explains t...
tandfonline.com
Very happy to say that my article on Musk and Thiel's political theory of the founder (drawing on Lacan on the way) is out with @jcultecon.bsky.social! Strange to see it out there with all what happened in the last year, but it will hopefully make it a good read www.tandfonline.com/doi/full/10....
‘Founder as Victim, Founder as God’: Peter Thiel, Elon Musk and the two bodies of the entrepreneur
Silicon Valley’s tech moguls have increasing political ambitions, as spectacularly illustrated by Peter Thiel’s and Elon Musk’s involvements in the US 2022 midterm elections and 2024 presidential e...
tandfonline.com
'Subprime mortgages were not developed by entities fitting the rentier model, but rather by real estate actors operating outside the established financial system' Interesting new paper critiquing the Rentier conception for understanding financial politics
Rethinking predation under financialisation through the history of subprime mortgages: a case of raiding finance
The ‘rentier’ model provides an influential framework for conceptualising the predatory traits of financialisation. It asserts that financialisation has empowered a class of rentiers who wield infl...
tandfonline.com
Leftish critics often treat the UK as having never really escaped Thatcherism. What's so brilliant about this report is how it makes New Labour's supply side political economy - with all its failures - a crucial historical era too www.common-wealth.org/publications...
this looks very good: "Charting venture capital’s 1950s emergence, 1960s formalization, and 1970s institutionalization, I show how early venture capital investors built a financial infrastructure that safeguarded the appreciation of their assets" www.tandfonline.com/doi/full/10....
Solving the problem of abundance: venture capital and the making of asset-driven inequalities
The 2010s were an era of abundant capital for investors but limited opportunities to put it to profitable use. This paper traces the origins of dealing with the ‘problem’ of having to convert large...
tandfonline.com