Austerity, Then and Now

An excerpt from The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism

Part of what makes austerity so effective as a set of policies is that it packages itself in the language of honest, hardscrabble economics. Vague sentiments such as “hard work” and “thrift” are hardly novel; they have been extolled by economists since the days of Adam Smith, David Ricardo, and ...
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Austerity, Then and Now

Election Day 2022: Good (and Some Bad) News for State Corporate Power Politics

Big tech antagonists did well, but so did megadeal boosters

Big Tech antagonists won big in attorneys general races. So did all of the governors who have been promoting major corporate subsidy deals in recent months won their reelection races, lending more evidence to the already existing heap of it that massive corporate handouts can be potent political tools....

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Election Day 2022: Good (and Some Bad) News for State Corporate Power Politics

The “Transferable” Subsidy Scam

Meet a big, under-the-radar problem

It’s a mess, is what I’m saying. But making a corporate subsidy transferable is an easy thing to do under the radar, without folks knowing what it means or realizing what their state is in for when such a policy is actually implemented. ...

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The “Transferable” Subsidy Scam

The Semiconductor Shell Game Has a Big Winner

Money in politics finds a current in semiconductors

This deal confirms my worst fears about the confluence of a genuine semiconductor shortage and lack of domestic manufacturing with a huge pot of federal subsidies that state officials are vying for in an election year. The table was perfectly set for overspending on giant deals in order to facilitate ...
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The Semiconductor Shell Game Has a Big Winner

Why We Need to Care About Animal Ethics in a Time When Humans Suffer Too

Alice Crary and Lori Gruen share their “critical animal theory” in a conversation with Public Seminar

The division between “humans” and “animals” is not a natural division, but a conceptual one that privileges humans over animals, and not even all humans. This divide operates in a way that justifies the oppression of animals and humans thought to be “closer” to animals, which has often meant women, ...
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Why We Need to Care About Animal Ethics in a Time When Humans Suffer Too

Amazon’s Secret Utility Discount

The growing tendency of corporations hiding details of their subsidy deals

Amazon also may have applied for a discount on the new facility’s power, but the relevant governing body—the New York Power Authority (NYPA)—refuses to either confirm or deny if Amazon submitted an application.This is the latest example of a troubling trend: noncompliance with public records law, in order to hide details of corporate ...
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Amazon’s Secret Utility Discount

Truth, Damned Truth, and Statistics: A Quiet Mathematical Revolution Reshaping our Algorithmically-Mediated World

An interview with Justin Joque

There’s a shift in statistical approaches from one driven by what we traditionally think of as knowledge—knowing ‘the truth’—to a more economic approach. That shows what's always been the case but admits it in a more clear-eyed way: knowledge production is always tied to political economy. In fact, the ways ...
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Truth, Damned Truth, and Statistics: A Quiet Mathematical Revolution Reshaping our Algorithmically-Mediated World