Níall Glynn

Global shipping: mega profits, micro taxes US$340bn in profits were made by 139 shipping companies from 2019-2023. 93% of profits were taken by the top 10 largest public companies, who paid an effective tax rate of 9.7%.

🚢 $300bn in profits. 1bn tonnes of emissions. Just 9.7% paid in taxes.

As countries prepare to debate a global levy on shipping emissions at the IMO, our new report exposes shipping giants’ record profits while climate costs go unpaid.

Read👇
www.opportunitygreen.org/publication-...

🧵1/4
#GreenSky

I wrote a short piece about the fallacy of 'affordable' housing when rents have risen immensely, focusing on the impact of this on millions of families (and why the governments' current plans won't fix it) 👇

I was in college when they scrapped it. Luckily I was one of the few who got some form of EMA from my college, or I would have been well and truly screwed.

Unions over here need to get to grips with the knock on effects of Trump's tariffs - it could get quite messy with more job losses than realised.

So be wary of any political party, policywonk, economist, or grifter not actively trying to combat them all.

Opposing only one or two of the pillars is a continuation of the austerity paradigm, the three pillars must be combated as a whole. Labour are just another blip in the road - they are nowt different. Neither are the Toreis, Greens, Reform, or whatever other parliamentary party.

Therefore it is not enough to simply be against austerity, we have to be anti-austerity. We must challenge, critique and cut apart the economic theory that is used to mould and rationalise austerity policies.

Mattei argues that austerity happens through a ‘trinity’ of fiscal, monetary and industrial austerity. Mattei also sees austerity as more than just policies – it is also the theoretical framework used to justify them.

Austerity never goes away. We should see austerity not as something that comes and goes but as something that society enters through periods of intensification.

Lá Fhéile Pádraig sona daoibh agus saoirse don Phalaistín☘️

We need less pedestals, egos and politeness.

New thinking around the economy will continue to struggle and not get to where it is needed, when it continues to centre individuals more bothered about their own platform than anything else.

We cannot it leave it to the government and the private sector to determine how we transition industries - we know it won't be a workers' transition if we leave it to them.

Nobody is doing the necessary detailed transition plans - no academic, government, business, think tank, or NGO. There is the space for unions to throw real resource into this and do them properly and not just half-arsed demands for "retraining and skills" for displaced workers.

All unions need to kick into gear into laying out what a workers' transition means for their members workplaces and industries. And not more open ended demands, which is all we get, but proper detailed thought out transitions that put workers and communties at the centre.

We cannot it leave it to the government and the private sector to determine how we transition industries - we know it won't be a workers' transition if we leave it to them.

For any firm, undersanding their own supply chain is vital to spot potential disruptions that may arise. Yet a data driven approach to analysing supply chains is barely acknowledged or understood properly by trade unions. So, how can thinking in a network perspective help us?🧵

As I always say, the everyday person on the street understands the economy better than academic economists and policyfolk. Need more projects like this.

All for this!

Living Rent Edinburgh screens 'The Rent Strike' (2024) We believe in the collective power of tenants to come together to fight for their rights, and use diverse tactics – including direct action when necessary – to achieve this.

we’re hosting a screening of “The Rent Strike” a film about the irish rent strikes in the 1970s. if you can, come along! www.livingrent.org/living_rent_...

Oh this sounds exactly what I need to read, ordered! Thanks for the suggestion

Will have to give this a read!

Tl;dr networks matter, especially if we want to really understand production. Trade unions could learn a lot by taking a more data focused and network perspective in disputes and organising.

Even before getting to this stage, unions could focus on organising strategies at specific workplaces/companies/industries that are the most critical to how the economy functions.

Mapping supply networks can identify suppliers whose disruption could ripple through the chain. For unions, this means pinpointing where strikes or actions could have the greatest leverage—especially in multi-tiered, globalised supply chains.

Trade unions can use this framework to identify hidden critical suppliers in supply chains. Why? Because understanding these structural chokepoints can help unions target pressure points for collective bargaining and industrial action.

And although the NSI paper doesn't discuss this; a lot of the supply chain literature doesn't either -understanding risk along supply chains and potential disruptions is useful for trade unions too!

Honda's managers validated the NSI's utility. It helped them uncover blind spots in their supply chain and identify potential risks and opportunities for collaboration with previously overlooked suppliers. 🚗

For example, Siemens ranked as a top operational and monopolistic nexus supplier due to its extensive ties across industries. Meanwhile, Apple emerged as the most important tier-3 nexus supplier to Honda, which surprised Honda managers.

Siemens ranked as a top operational and monopolistic nexus supplier due to its extensive ties across industries. Meanwhile, Apple emerged as the most important tier-3 nexus supplier to Honda, which surprised Honda managers.