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Created
Wed, 01/11/2023 - 21:23

Within Paul Robeson’s remarkable repertoire of songs were tales of injustice, defiance and hope. Robeson would describe the songs he sang as ‘the eternal music of common humanity,’ and from the miners of Wales to the besieged and beleaguered republican forces in the Spanish Civil War, he brought those songs to the places where he […]

Created
Wed, 01/11/2023 - 18:00
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Created
Wed, 01/11/2023 - 09:18

Big Tech is so profoundly different from other industries that it cannot be regulated like the trusts, cartels, or conglomerates of the past. After all, if regulators tried to break up Facebook or TikTok, they would be confronted by enraged users for whom the universal nature of these platforms is the reason they use them. […]

The post Big Tech Cannot Be Regulated – Project Syndicate op-ed appeared first on Yanis Varoufakis.

Created
Wed, 01/11/2023 - 07:40
Notes On The Structure Of American Imperial Collapse (State of the World 2023, #1)

The American empire is now in essentially unstoppable decline. Certainly there are things that could be done to stop it, but they will not be done, much as the British had to avoid WWI and not take profits by sending industry to the US.

(This is the first article on the state of the world, as promised in last year’s fundraiser.)

Everyone knows about comparative advantage, but what doesn’t get talked about is absolute advantage. In absolute advantage you have something people need that they can only get from you.

This can be weapons. It can be jets. It can be advanced computers. It can be the capital equipment (like lithography machines used to create semiconductors) used to make other things. Sometimes it can be a resource, like oil.

November 1st, 2023