@matthewstoller.bsky.social I wanted to share this on your Substack post but I’m not a paid subscriber so 🔐 It’s a v interesting study of connectivity among TNCs. Guess what? The core is 75% financial intermediaries 😳. The overall network shape is a bow tie. journals.plos.org/plosone/arti...

JPMorgan Chase reports that $1.2T of debt is now tied to AI-related companies, making it the largest segment in the investment-grade market (Caleb Mutua/Bloomberg) Main Link | Techmeme Permalink

A beautiful example of Doublespeak👇

Greta Thunberg “I'm not scared of Israel. I’m scared of a world that has seemingly lost all sense of humanity.” Stand with Greta, stand with humanity.

NEW: Extraordinary scenes in Amsterdam this afternoon (Sunday, Oct 5). An estimated 250,000 bring the city to a standstill; people all wearing red to show solidarity with Palestine 🇵🇸 (🎥 Ahmed Zantac)

The Left isn’t split, it’s reorienting itself. <Your Party> exploded before it even picked a name, but with Zack crushing mainstream media and socials alike, we’ve finally got a chance to push an authentic story of hope and change at a national level through doing stuff that actually works.

Six weeks ago, I picked up a year-old tawny owl with a broken leg off the main road near our home and dropped him off at our nearest vet. After a few days, I received one of the most bizarre phone calls I’ve ever had, asking “So when are you coming to pick up your owl?” 🧵

We now have the privilege once more of being serenaded nightly by his hoots from the nest he shares with his mate in the oak tree outside our house. One of the most surreal yet worthwhile commitments I’ve ever made. If this folklore malarky ever falls through, I think I might have found my calling…

Macron remarks are notable- some quotes: "We have been incredibly naive in entrusting our democratic space to social networks that are controlled either by large American entrepreneurs or large Chinese companies, whose interests are not at all the survival or proper functioning of our democracies."

Essay 7 in my series. I use a complex systems lens to diagnose the problems in the global economy and explain how they affect trade deficit countries (UK!). Economies are complex adaptive systems - if you intervene in one place you may destabilise another part. So we need to see the whole system:

There comes a point where you wonder whether political parties, funded by hedge funds, seeking votes with disastrous, opportunist, short term, rage baiting policies, might not be what the Athenians had in mind when they came up with democracy?

Day 2 and the energy at @greenparty.org.uk conference is amazing! Join today - and we could even overtake the Lib Dems in membership by the end tomorrow. Let's do this!!!! 🚀 Join.greenparty.org.uk

I never had positive expectations for Labour; I did not vote for them at the GE as this really was not necessary in Scotland. But with a very, very small number of exceptions, they are basically infinitely worse than I had expected. And what is even worse than that: they are so bad/inept at it all.

30 years to build a surveillance state - we thought the internet was about coffee jugs & cat pics but this was the inevitable consequence of a digital world embedded everywhere with the same few companies in charge👇

UK Electricity price 2023 - Highest in the World UK Electricity price 2024 - Highest in the World UK Electricity price 2025 - Highest in the World Energy is the most profitable Industry in the UK making £130bn, ahead of Banking on £82bn and Landlords on £80bn You pay for it all

BREAKING: 🚨 WOW! BERLIN 🇩🇪 RIGHT NOW ERUPTING IN SUPPORT OF GlobalSumudFlotilla 👏👏👏👏

Attention New Yorkers: Governor Kathy Hochul has issued inflation relief checks for anyone in the state that filed a New York State IT 201 form. The checks will be anywhere from $150-$400 depending on your income. It’s not a lot in this economy, but it’s something and I wanted to make you aware 🙏🙏💜💜

you come to more than 40% of the US Stock market. Well, i am by no means a professional financial expert but I know some and I know a bubble when I see one. This will gonna be like dot com but worse, bc it will leave nothing but data centers with NVidia GPUs which can do nothing but AI Rest in Ruins

Delegations of dockworkers from across Europe and both sides of the Mediterranean held a large meeting in Genoa this weekend. They are calling for a Europe-wide general strike to fight the Gaza genocide. www.leftvoice.org/dockworkers-...

👀 Just Now -- President Trump in the Oval Office said a government shutdown gives his administration the power to cut benefit programs, which include Social Security and Medicare. www.washingtonpost.com/business/202...

My daughter could hazard a guess. Still waiting for the powers that be to have as much a grasp of this as my then 10 year old. @mairigougeon.bsky.social

10/10 The US economy would benefit from net capital inflows and lower interest rates only if it were a developing economy with high investment needs, and American businesses were unable to meet these investment needs because of the lack of access to capital. Obviously that isn't the case.

7/10 If they choose to acquire American assets, as is usually the case, the causality flows from that country's excess savings to US capital inflows. As long as it retains an open capital account, the US doesn't get to choose whether or not foreigners park excess saving in the US.

Excellent from Tim Berners-Lee👇

There are a few moments that leave me speechless on Bluesky. Getting a follow from @markhamillofficial.bsky.social is one of them. You've been inspiring me for years and continue to do so Mark I'm so honoured thank you.

About 100k people went out to demonstrate for Gaza,in Berlin, Yesterday

I wonder if this guy is related to "Boris Johnson" who introduced "voter id" as Prime Minister in 2023 ... off the back of some crazy US conspiracy theories ... and in the process, made digital ID pretty much inevitable.

30 years ago Spitting Image dared to broadcast the truth about Israel. Now no one dares.

The system we built👇 caused the polycrisis: climate change, inequality, populism, species loss. We cannot fix these problems with empty slogans: “tax the rich”, “stop the boats”. In my next posts I will talk about what we *can* do. How we can rebuild from first principles:

Wall to wall outrage over Kneecap flying a 🇵🇸 & making some comments about Hamas & when a British court throws out the charges? Nothing. The mad rightwing media machine has found something new to distract us and we dutifully follow them there:

This is my 5th essay in a series where I seek to explain the polycrisis using a complex systems lens. All this is building towards what I call Project 2029 - a reimagining of our trade & monetary systems to create abundance, not immiseration:

UK household energy debt hits £4.43bn. 1,133,683 electricity, 926,545 gas customers in debt. Since 2020 top 20 energy companies made £514bn operating profit, causing inflation/poverty. 128,000 people a year die in fuel poverty. Profiteering causes social problems. Regulators do nothing.

I used to hide my autism because I was scared of being judged. Now I don’t. Because being autistic isn’t something to fix or hide it’s part of who I am. I’ve struggled. I’ve grown. I’m still learning to love myself.

Palantir is a grave threat to human rights and civil liberties. Detailed consolidated data profiles on potentially billions of people across many countries in the hands of basically billionaire Nazis. Extremely dangerous.

He’s stopped fact-checking and spends time at Mar-a-Lago. And it isn’t just Zuckerberg—a whole cohort of billionaires place their companies’ fortunes above the well-being of society. 🔗 www.wired.com/story/silico...

Where Reform is headed is very much in line with the new right, that in order to save western democracy it must be destroyed. Patriotism as nihilism. Culture wars to become real ones. Very dangerous stuff.

Small boats: TV coverage - day after day after day after day.... PPE scandal: TV coverage - let's stick this powerful, enraging documentary on at quarter past ten on a Sunday night.

Polanski is pretty good at this. Of course he has no answers to the old problems: debt:gdp, trade deficit, financialisation, de-industrialisation, but I really like that he’s unashamedly making a case for society. Someone needs to?!

My one #politics post of the day According to today’s front pages Starmer is going to announce mandatory ID cards at conference and Reeves is going to axe the Tech tax. I can only assume that Starmer has a bet on Labour hitting single figure polling by Christmas.

My latest on Substack. 4th post in a series where I am building towards a set of proposals to respond to our biggest problems: trade deficit, debt:GDP, de-industrialisation, net energy importer, financialisation:

@mazzucatom.bsky.social now the second prominent figure to call out this tech deal. We need job guarantees, shared IP, equity in new infrastructure & retreat clause. We are locking up a vital industry here -one of the few areas where Britain has the skills to compete:

The main story on BBC 6 Music News this morning is that a ‘boat carrying migrants is on its way to France’ Delivered in the same upbeat tone as England winning the women’s Euros. The migration ‘debate’ in this country is unmoored from reality, and the media-political complex is feeding it

We're going to act as storage for US high energy, high water usage cloud data banks. 7.500 jobs for 150 billion investment - I think ITV News last night - means it will mostly be automated. It will end up being costly for our water and energy.

I would love to be part of the conversation on MSNBC related to the Kimmel story and it's chilling effects on first amendment, but unfortunately I was terminated by MSNBC for stating that "hateful thoughts lead to hateful words which lead to hateful actions".

Privatisation of UK industries driving cost of living crisis & inequality. People ripped off by water, energy, rail, mail companies. Profiteering at care homes, dentists, GP surgeries, cataract clinics. Social housing destroyed. Privatisation is a scam. Delivered low investment, poor service.

The last political column I was allowed to write in the @washingtonpost.com was a criticism of Obama. His people took issue with my piece, but we were respectful. Now he is tweeting in support of me. This is how free political speech and respect for debate *actually works*. Or used to work.

Why is no-one talking about the tech deal on here? Why are our political commentators failing to discuss an absolutely critical strategic decision which will all but rule out ever rejoining the EU let alone building a Green economy? Where the hell is the analysis on this??

This is simply terrible?! This government is tie-ing us into the US oligarchy & preventing us from developing sovereign AI. It’s like pre-privatisation! It is absolutely shocking & we should oppose it! #vassalstate

Trump and his Big Tech cronies want to carpet the UK in polluting data centres - and the UK Government wants to help them. Help us stop them pushing through destructive data centres without a thought for the costs: www.crowdjustice.com/case/datacen...