@plbds
Political Economist, often mathematically. Associate Professor of Economics @NSSRnews. Formerly @SOASeconomics. Thinking Marxist of some sort. #InformationTheory. Money and Contemporary Finance. https://www.newschool.edu/nssr/faculty/paulo-dos-santos/
With everything else going on, I almost forgot to share the new, relaunched website for the Department of Economics at the NSSR. We are a small department committed to a pluralist, critical, and technically rigorous approach to economic analysis. #EconSky
www.newschool.edu/nssr/economi...
Celebrate the 250 years since the publication of Adam Smith's "The Wealth of Nations" with his observation that profits are a deduction from the product of labour, grounded on the fact that workers do not have direct access to the materials of their work. #EconSky
No fim das contas, a crise ecológica meio que comprova: estamos num jogo zero; existe um fundo de baixa entropia e a competição é quem consegue usar até a coisa ficar ruim
The Reuters-Ipsos poll showing only one quarter of US respondents supporting attacks on Iran was carried out BEFORE the Trump administration announced the first deaths of US troops.
aje.news/ydm2xf
Pretty sure it was not by multiplying the number of highly paid administrators, pilling on real-estate investments, burning money on coaches, or adopting the worst aspects of contemporary corporate management…
giftarticle.ft.com/giftarticle/...
Yes, US elites have not really had to care about anything beyond their self-interest in decades. Brazil and South Korea have more recent experiences of large-scale working-class and broader social struggle. That creates facts to which elites and the institutions they typically control must adapt.
The AI boom appears to be part dotcom bubble, part Theranos hype, and part WorldCom accounting.
What could possibly go wrong?? !
#EconSky
giftarticle.ft.com/giftarticle/...
A nearly perfect day at an upstate second-hand bookstore… #Statistics #MildOCD
Conflate money value added per hour with labour productivity, include sectors whose “value added” involves what is better understood as transfers, and teach it for long enough to make it all seem normal, and you get this kind of assessment…#EconSky
The closing phrase about a 5yo citizen is so disturbing and telling. We’re well and truly in an environment where the words spoken by regime supporters don’t have to make logical sense. They just need to invoke the desired sense of “us versus them” to be effective.
Just a quick update from the Twin Cities. (Please forgive the unsolicited message). THINGS ARE NOT BETTER IN MINNEAPOLIS. The media is mostly moving on, Trump is focused on other stuff, BUT NOTHING HAS CHANGED ON THE GROUND. More than 2,000 DHS thugs continue to roam the streets, abducting people 24/7, assaulting legal observers with impunity, and routinely denying 1st, 4th, and 5th amendment rights. Drones and helicopters are overhead every day. Hundreds and hundreds of terrified families have not left their homes since mid-December ... relying on the community to bring them food and help with rent and other necessities. (Those people are NOT violent drug cartel sex offending murderers, as DHS would tell you. Most are legal residents or citizens.) If anything, things have just become more stressful and intractable (think trench warfare as a suitable metaphor): The resistance is better organized and numerous, but DHS has become more clever and better at disguise... and the county sheriff's office is increasingly supporting them . Do not let anyone tell you that Homans (the new person in charge of the occupation) is making anything better. Do not let anyone tell you that 700 ICE agents leaving the city has made much of a difference; the remaining force (again, ~2,000) is still larger than the entire city's police force (which is legally unable to do anything). Please call your congressional reps ... especially if there is any chance the administration might listen to them.
A desperate plea sent to me by a Minneapolis resident who's been on the front lines since the beginning of the ICE occupation:
The media moved on when trump said he had a new tone because as the constitution states the president is the editor in chief of all news outlets
@publicseminar.bsky.social @elizabethcooper.bsky.social @plbds.bsky.social @avgevork.bsky.social My latest @washspectator.bsky.social piece-- on Trump's tariff/trade policy. Enjoy!
washingtonspectator.org/tariff-man-t...
Jew in Amsterdam here. Please use Anne Frank as a comparison point to explain how state persecution of scapegoats impacts children, that is the point of her example, thanks
ICE agents are using an app developed by Palantir that draws on the health records of millions of Americans to find and detain illegal immigrants
www.bmj.com/content/392/...
People need to listen closely and take stock of what is being said here. This federal official is commanding 22,000 heavily armed men across the country.
A car crash is a tragedy, Mr. President. Brownshirts terrorizing immigrants, citizens of certain ethnicities, and now openly executing people in broad daylight is rising fascism. You used to defend this kind of prevarication on electoral grounds. What’s the excuse now?
Target in Minneapolis has pulled Hispanic employees off of pick-up order duty after ICE arrested two US citizen Hispanic employees while on the job.
“I’m literally a U.S. citizen!” one shouted as they escorted him into a van.
An insane, perfect encapsulation of it all:
The same day Trump’s agents kill a Veterans Affairs ICU nurse in broad daylight, the CEOs of Apple and Amazon join Trump to watch a private screening of a film about his wife directed by an alleged sexual abuser who was seen shirtless in the Epstein Files
This was between the first and second shot, of a total of ten fired.
The New York Times When a Coat Becomes a Symbol of Conflict How the choice of outerwear for Gregory Bovino, the president’s Border Patrol chief, turned into part of the deportation story.
Gregory Bovino Der ICE-Kommandant im Nazi-Look Martialisch und effektheischend, so tritt ICE-Kommandant Gregory Bovino gern auf. 22.01.2026, 17.09 Uhr
the nyt style section vs. der spiegel
The whole interview is worth it
Minneapolis protester as he's being brutalized by feds: "You're gonna have to kill me! You're gonna have to kill me! I've done nothing wrong! My name is Matthew James! I'm a US citizen! You're gonna kill me! Is that what you want?" (You can hear his wife screaming)
I thought this guy (of all people!!) dished out a few pertinent if inconvenient truths today...
A candid moment by Carney on the fiction of the US-led "rules-based order," the calculations behind its historical acceptance, & their breakdown under the Trump administration.
You cannot accept economic integration "when integration becomes the source of your subordination."
Federal immigration agents forced open a door and detained a U.S. citizen in his Minnesota home at gunpoint without a warrant, then led him out onto the streets in his underwear in subfreezing conditions, according to his family and videos reviewed by The Associated Press.
In other news, Pope seen in local woods giving communion to defecating bear.
www.wsj.com/economy/trad...
The Trump admin is moving to quickly deport two men who witnessed, they say, ICE guards choke a fellow detainee to death.
The admin moved to deport men right after they spoke the Washington Post.
This is the death that the medical examiner has already ruled likely homicide.
wapo.st/4qR1T1U
Samir Amin, more than half a century ago… #EconSky #PolEcon
Cripes a’mighty people, Steven Miller is not staging a militarized ethnic cleansing and sending the border cops to murder people in the street to distract from the Epstein files. He’s doing it because he and Trump (and Vance and Homan and Noem etc) really really want to.
