Economic power has resulted in feedback loops of political power, in which elites make rules that bolster further concentration
Wealth distribution is vastly more unequal, yet economic growth is slower & more chaotic than during the era of managed capitalism
Daily life has become more of a struggle for hundreds of millions of ordinary decent people
The economic collapse of 2008 was the result of the deregulation of finance, costing the US economy upwards of $15 TRILLION (vastly more globally)
Free-market theory presumes that innovation is necessarily benign. But much of the financial engineering of the deregulatory era was self-serving, opaque, & corrupt—the opposite of an efficient & transparent market
The existential threat of global climate change reflects the incompetence of markets to accurately price carbon & the escalating costs of pollution
The entrenched political power of extractive industries & their political allies influences the rules & the market price of carbon
The grand neoliberal experiment of the past 40 years has demonstrated that markets in fact do not regulate themselves
Democracy itself is under threat: increasingly authoritarian & antidemocratic legislation is being introduced in supposedly democratic countries like Britain.
It's not simply the neoliberalism of outsourcing, privatization, & shrinking the state. The US Libertarian-right billionaire project, now playing out in the UK as well as the US, is nothing less than a permanent alteration power relations: dismantle democracy & install #oligarchy
🚨How did Britain get here?
🚨What has been the true cost to British people?
🚨And most importantly, WTAF are we going to do about it?
🚨If we don't take decisive action NOW, it may well be too late.
Americans who care about democracy, justice & the planet have to come together to prevent another Trump administration, which would attempt to introduce the regressive, antidemocratic & dangerously irresponsible policies laid out in the Heritage Foundation's #Project2025
Biden has endorsed Vice President Kamala Harris to replace him as the nominee.
Before outlining some essential information about Harris, I'll quickly summarise the process be for choosing the Democratic nominee as described by Newsweek.
In a statement emailed to Newsweek, Democratic National Committee (DNC) chair Jaime Harrison said that the party would "undertake a transparent and orderly process to move forward as a united Democratic Party with a candidate who can defeat Donald Trump in November."
Professor of History & Public Policy at Duke University & author of the terrifying award-winning bestseller 'Democracy in Chains: The Deep History of the Radical Right’s Stealth Plan for America', Nancy MacLean, recently discussed #Project2025.
Law professor & social critic Kimberlé Crenshaw interviewed MacLean about what the prescriptions in the Heritage Foundation’s #Project2025 mean for parents, public schools, & for multiracial democracy.
CRENSHAW: These wars on curricula are not new, of course; they go far back in our history. What folks might not know is that the Heritage Foundation, the main convenor of #Project2025, cut its teeth on curricular wars in the 1970s.
'The Republican blueprint for power contains the seeds of its own demise. It is not too late to stop the descent of the American political order into tyranny, oligarchy or anarchy', writes Timothy Snyder.
Pete Buttigieg is an American politician and former naval officer who is serving as the 19th United States secretary of transportation. A member of the Democratic Party, he was the 32nd mayor of South Bend, Indiana, from 2012 to 2020, which earned him the nickname "Mayor Pete".
Buttigieg is a graduate of Harvard College and the University of Oxford, attending the latter on a Rhodes Scholarship. From 2009 to 2017, he was an intelligence officer in the United States Navy Reserve, attaining the rank of lieutenant.
Hitler survived assassination attempts. We know what that led to. Reagan & Thatcher survived assassination attempts. They gave us neoliberalism. Trump survived. He's chosen JD Vance as his running mate. If elected, America will become a dystopian free-market kleptocracy.
The 0.01% is gearing up to all but destroy US democracy.
Leading the charge & donating tens of millions of dollars to Trump's campaign are Silicon Valley's libertarian Tech billionaire extremists, led by Peter Thiel & Elon Musk - two of the most dangerous men on earth.
What's unfolding right now is like something from a dystopian sci-fi novel.
Except it's not fiction - it's real.
And it's a fucking nightmare assault on truth, fairness, equality, minorities, women's right, the environment & humanity, which democracy will struggle to survive.
"What first made Reform UK's white, privately educated multimillionaires Farage, Tice & Rupert Lowe oppose DEI?"
'Diversity Equity Inclusion' is a framework which promotes the fair treatment & full participation of ALL people, but particularly underrepresented groups...
Many people know that the term ‘DEI’ is being weaponized as a racist dog whistle (a coded, deniable bit of language that allows people to communicate ideas that would be too offensive if done explicitly).
There’s nothing new about using racist dog whistles. But the way DEI is used to play into racist sentiments is uniquely powerful, & may well be much more potent than other culture war terms.