"Guaranteeing affordable prices of essentials (..) tackles inequality without pitting one group against another. (...) . It’s based on universality rather than exclusion – an economic agenda that unites people rather than dividing them into competing groups. (...) This is antifascist economics."

"En prônant que la technologie façonnée par le capital est l’horizon ultime, Aghion accepte implicitement que la nature, le travail et la société dans son ensemble soient considérés comme des variables de second ordre, subordonnées à un devenir technique fétichisé."

Thanks to the Chicago Center for Contemporary Theory for inviting me to present a new project: “The Vacant Throne: Institutional Contest for Dominance after the Hegemony of Finance”. ccct.uchicago.edu/events/power...

Coming up on Nov. 4 at 4pm, @itsmccarthy.bsky.social & @cedricdurand.bsky.social at the New School in NYC!

[Tribune] "Une réforme intacte, des questions qui persistent" Version en libre accès de la tribune publiée dans le monde ce 25/10 #Retraites blogs.alternatives-economiques.fr/zemmour/2025...

"Despite promises of productivity gains through labor market and product market reforms, the Greek economy has experienced a sharp decline in labor productivity and a significant reallocation of employment towards low-productivity sectors" 👏@mnikiforos.bsky.social www.lse.ac.uk/Hellenic-Obs...

Tribune de @cedricdurand.bsky.social . Quand on retrouve dans les rentes de la propriété intellectuelle les sources d'inégalités observées avant guerre dans les rentes de la propriété foncière. Faute de régulation et de fiscalité adaptée. www.alternatives-economiques.fr/nobel-decono...

Une analyse très intéressante de @cedricdurand.bsky.social sur la théorie de la croissance par l'innovation portée par Philippe Aghion et récemment auréolée du prix de la Banque de Suède en hommage à Alfred Nobel. www.alternatives-economiques.fr/nobel-decono...

Thanks @kmunro-econ.bsky.social for setting up this event at the New School. Very much looking forward.

"By preaching that technology shaped by capital is the ultimate horizon, Aghion implicitly accepts that nature, labour and society are second-order variables, subordinated to a fetishized technical devenir". @nobelprize.bsky.social @newleftreview.bsky.social newleftreview.org/sidecar/post...

Quels sont les véritables liens entre l’innovation et la croissance ? L’économiste Cédric Durand revient sur les impasses intellectuelles des travaux sur le sujet de Philippe Aghion, tout juste primé par la Banque de Suède.

"Face aux soubresauts d’un système qu’il peine à déchiffrer, Aghion multiplie les ajustements pour mieux entretenir la chimère d’un capitalisme illusoire où les inégalités découleraient des seuls mérites des innovateurs". www.alternatives-economiques.fr/nobel-decono...

L’approche néo-schumpeterienne de Philippe Aghion a largement inspiré les politiques économiques en Europe depuis le tournant des années 2000. Et singulièrement celle d’Emmanuel Macron 1/

"Should new protectionist measures be adopted, they must be embedded in a medium-term development strategy — a component missing since the trade liberalisation of the 1980s." Bravo Juan Flores @dehes.bsky.social ! www.ft.com/content/a466...

Call for applications DEADLINE: January 29, 2026 Erasmus Mundus Joint Master in economics: a world-class integrated Master's programme on the (digital, socioeconomic, ecological) transition processes with a pluralist approach and interdisciplinary perspectives. www.epog.eu/admission-an...

Un nouveau séminaire d'introduction à la théorie sociale à l'université de Genève.

Lordon se trompe. Le pétrole et le numérique ce n'est pas pareil. La monopolisation intellectuelle et la centralisation des moyens de la coordination sociale par les Big Techs superposent au capitalisme de nouveaux rapports dont il va bien falloir s'occuper. blog.mondediplo.net/la-france-in...

Réponse @evgenymorozov.bsky.social : "l'idée selon laquelle la dynamique de destruction créatrice dans la tech permettrait « l’accomplissement du capitalisme dans toute sa splendeur » « est un conte de fées qui occulte la véritable histoire »." @mdiplopt.bsky.social #technofeodalisme

"Economic Planning in the Anthropocene" 24-26 september, UNIGE Program : => shorturl.at/fuFbA @dehes.bsky.social @danielagabor.bsky.social @ceciliarikap.bsky.social @louisoncf.bsky.social @jksteinberger.bsky.social @rosiecollington.bsky.social @cornelban.bsky.social @edouardmorena.bsky.social

Value struggles: Looking at capitalism through the wine glass. Advance copies of the new baby have arrived!! If you are a bookworm like me, you can pre-order your physical copies here: lnkd.in/dKh3Q9pB Or you can get your free PDF version right now: lnkd.in/dZxeATSR

I’m in @financialtimes.com on Trump’s recent move to make the Pentagon the top shareholder in the US only rare earths mine. This is the “worst of all worlds” resource nationalism: a toxic mix of environmental harm, militarism, Big Tech, financial de-risking, and asset appreciation. Link below ⬇️

Et s'il y avait plus préoccupant que la dette ? @bayrou.bsky.social

For reasons, checking in on foreign official holdings of US treasuries at the Fed. Now down $100 billion since 'Liberation day'. Note: That latest data point with the biggest weekly drop yet is from *before* Trump's attempted firing of the Fed governor. Next release will be interesting (Thursday).

In the @financialtimes.com today on green planning and decommodification of life's essentials or bust post-IRA and Bidenomics. www.ft.com/content/dda5...

Andreessen: “Fälle, in denen mehrere Unternehmen … das Gefühl hatten, dass sie nur noch Stunden von gewalttätigen Unruhen auf ihrem eigenen Campus und durch ihre eigenen Angestellten entfernt waren.” 🤡 Wochenendlektüre? 👉 @cedricdurand.bsky.social & yours truly im neuen @surplusmagazin.bsky.social.

Vielen Dank an @surplusmagazin.bsky.social für die Übersetzung unseres Artikels @benbraun.bsky.social www.surplusmagazin.de/usa-trump-fi...

"Après six mois de Trump, la question qui se pose est de savoir si la nouvelle administration américaine, déjà à bout de souffle, sera capable d’agréger les intérêts des multiples factions rivales qui sous-tendent le trumpisme." avec @benbraun.bsky.social legrandcontinent.eu/fr/2025/07/2...

New WP - "Further expansion of historically oversized financial systems faces structural limits. In the context of debates regarding systemic shifts away from finance-led accumulation regimes , this research highlights the monetary dimension as a crucial locus of transformation."

"Ecological planning in the Anthropocene " - 24-26 September 2025 - University of Geneva

For the upcoming conference on "Ecological Planning in the Anthropocene" at the University of Geneva next September (25-26), we invite PhD candidates and early researchers to participate in the Young Scholar Forum, which will take place on the 24th September.

Out today: Freedom for Capital not People: The Mont Pèlerin Society and the Origins of the Neoliberal Monetary Order @versobooks.bsky.social

Je ne sais toujours pas si je suis convaincu par le concept, mais de la matière à réfléchir.

"La nécessité d’utilisation des TIC pour la planification écologique nous oblige à composer avec, malgré le fait qu’elles incorporent bel et bien l’héritage capitaliste en son sein". Merci Lucas Benyattou pour cette recension. @editionsamsterdam.bsky.social @i-laboetie.bsky.social

"large, economy-wide costs shocks make executives feel very good indeed". A crucial demonstration by @isabellamweber.bsky.social @benbraun.bsky.social @jvtk.bsky.social Evan Wasner and Markus Lang

An industry-led thinktank released a "Draghi/Letta-Report for Denmark" suggesting that pension funds should be allowed to invest in risk capital. That sounds like B&Ds story of private equity (eg Blackrock) aiming for a profitable exit of inflated holdings by bringing pensions into PE market.

Félicitations @mathildeviennot.bsky.social. On a besoin de ce livre !

"Les incohérences de Trump sont le signe de contradictions structurelles" merci @reminoyon.bsky.social @nouvelobs.com de faire écho à America’s Braudelian Autumn avec @benbraun.bsky.social et de reprendre ce résumé schématique des tensions dans le bloc trumpiste. www.nouvelobs.com/idees/202506...

"the antinomies of Trumponomics are on full display, and without obvious resolution" with @benbraun.bsky.social @phenomenalworld.bsky.social www.phenomenalworld.org/analysis/ame...

L'état des troupes trumpiennes, et les tensions qui les traversent. Meilleur point d'étape sur Trump, à lire impérativement !

Historically-informed political economy and well worth the read from @cedricdurand.bsky.social and @benbraun.bsky.social on @phenomenalworld.bsky.social. "Hegemonic decline, according to the historian Fernand Braudel, ..." 🧵1/3 www.phenomenalworld.org/analysis/ame...

" the effect of washing machines on married women’s labor supply is likely the result of economic development and changes in norms for household goods more generally, rather than a causal impact of washing machine ownership on married women’s labor supply." Ouch. works with TV too. Great work !

Great read on "the circumstances that led big tech to join private finance as the second capital faction backing the return of Trump" and why big tech now has big worries about the geoeconomic fragmentation - and efforts by former allies to pursue digital sovereignty - that Trump has unleashed.

Autumn before Braudel: "superabundance of capital (..) means the end of progressive industrialization and expansion, that is, a tendency to a stationary state and the beginning of disintegration and decline." Henryk Grossman on William Playfair. Great ref. Thanks @postdiscipline.bsky.social

4 NEW pieces, with @cornelban.bsky.social + @jhasselbalch.bsky.social on state planning, @rosiecollington.bsky.social on planet-critical sectors, @shayaksengupta.bsky.social + Abhinav Jindal on multilateralism, and @brusselermel.bsky.social + @chrismwhayes.bsky.social on derisking (Links below)

I'm a simple man, I see Braudel I click...fascinating read

You'll learn more about the US, education, & climate change from this than from reading anything else today. Financialization is what top US universities built (it's still the dominant path of graduates), & it chose Trump. It's not an easy marriage: www.phenomenalworld.org/analysis/ame...

“While finance split into two political factions, the Silicon Valley elite marched rightward in astonishing unity.” @cedricdurand.bsky.social and @benbraun.bsky.social start to map the fractions of the Trump II coalition www.phenomenalworld.org/analysis/ame...

We wrote about the US ruling class taking the reins to manage its own decline. What do the Trumpist factions of capital want? Can that be squared with the interests of the MAGA base? Capable state managers could potentially thread the needle, but that's all gone. With @cedricdurand.bsky.social.

Capital's factions clashes in the Trump2 era. "The ambitions of the new Silicon Valley elite is not only to incapacitate the federal bureaucracy, but also to dethrone Wall Street." with @benbraun.bsky.social www.phenomenalworld.org/analysis/ame...

Historical ESG : Brazil, Finance and Slavery: "investors and investment intermediaries have long cared about how borrowers tackled the major social issues of the time, and could use money to subtly influence behaviour." J. Flores @dehes.bsky.social in @alphaville.ft.com www.ft.com/content/14c8...