this is because it benefits them, not because it benefits him shareholder primacy at work my friends

What use is 'polycrisis' to an analysis of capitalism? What would David Harvey have to say to polycrisis liberals who are disoriented? Brilliant essay by @cacrisalves.bsky.social offering an analysis of the foundations of economic life & madness of economic reason www.versobooks.com/blogs/news/p...

Private equity is powering the AI boom—at the public’s expense. New PESP research shows firms like BlackRock & Blackstone are driving fossil fuel buildouts and utility takeovers to feed speculative data center demand. 👉 pestakeholder.org/reports/from...

personnel is policy!

They couldn't slam failing private credit into retirement savings accounts fast enough as a shadow bailout so now they're resorting to a direct ask. Leveraged private credit was always going to end up as a public problem.

this great article by @debtcollective.bsky.social lays out really clearly what's been on my mind all day: everybody better get real familiar with municipal finance real quick www.inthered.org/p/zohran-won...

useful to read implementer Josh Wallack's report on how they did UPK rooseveltinstitute.org/publications...

A whole new generation is going to be reading about Eugene Debs this morning. Read him from Haymarket in his own words. www.haymarketbooks.org/books/1246-t...

I am so joyful for NYC and Mamdani & I am also terrified at how these abductions are going to rapidly intensify in NYC now this was at a DAYCARE [this is Chicago]

⬇️

One of the big differences between Zohran and Gavin is that Gavin’s speech is 90% anti-Trump. There has to be vision beyond this.

❤️ ❤️❤️

🔥

Congratulations to Kaohly Her, who was elected last night as the first woman and first Hmong American mayor of St. Paul, MN!! (This is a HUGE upset victory!)

“As Mamdani’s dramatic upset makes clear, his is the path forward: a robust, big-tent grassroots political organization that incorporates the populism rather than shutting it out and speaks to the needs of voters fed up with a sclerotic party establishment. It’s about damn time.”

i closed out my column this week with this preemptive jab at basically every commentator currently looking for ways to say that last night didn’t count

The Georgia utility commission election margins are HUGE - just as we're seeing in many places across the country - and are representative of the enormous potential for winning class struggle EVERYWHERE. For me, that's public power coast to coast. We are going to win.

The head of CBP proudly confirms under oath that he will continue to arrest Americans for Constitutionally protected speech in opposition to the most extreme and visibly public mass deportation operation since Operation Wetback (1954-1955)

In my brain this headline was "Cheney Shoots Old Man in the Face, Blames Him" www.nytimes.com/2006/02/13/p...

The shutdown is shuttering Head Start centers--including 24 that support the migrant farmworkers who form the backbone of our agricultural economy. Which means that, by refusing to fund healthcare, the GOP is not only hurting kids but also raising prices at the store. abcnews.go.com/Business/wir...

I don't care about that Dick Cheney. I care about the one that pushed us into a war for no reason.

🚨 PRIVATE EQUITY ALERT 🚨 Who's scrambling Denny's eggs? The popular breakfast chain is being bought out by private equity, including TriArtisan Capital, the owner of TGI Fridays. Last November, TGI Fridays filed for bankruptcy. www.wsj.com/finance/inve...

great, super great 😂 I'm sure Apollo will steward offshore wind well since we are facing existential climate change 🫠 jk @brettchristophers.bsky.social is going to need to do a 2nd edition soon

134 Head Start programs most likely couldn't open their doors this morning thanks to the government shutdown www.the74million.org/zero2eight/a...

we're democratizing finance, they said

Atlanta Mayor Andre Dickens has ordered an immediate pause on residential evictions and water shutoffs as the federal lapse in SNAP funds takes effect. www.fox5atlanta.com/news/georgia...

"[Chicago mom] Andrea Soria... overheard her 6-year-old whisper to her dolls: 'We have to be good or ICE will get us.'" apnews.com/article/chic...

bring back shame

Cannot say enough: the Trump administration actively chose to illegally withhold SNAP benefits in November, pretending they weren’t allowed to deliver benefits this month despite their own guidance from September 30 saying they could — guidance they deleted on October 23.

Required reading for all true sickos like me.

new from me ⬇️

Some good news!

Since the U.S. Refugee Program was created in 1980, it has admitted over two million people fleeing ethnic cleansing and other horrors. Now it will be used as a pathway for White immigration. What a downfall for a crown jewel of America's international humanitarian programs.

I keep thinking that the Trump administration's ultimate goal is a network of paramilitaries.

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I love this story so much

This is terrifying

shareholder primacy ftw

There is an urge among some in labor adjacent spaces to find common cause with these people on labor reform. The endpoint is always the same - you don’t get a good deal for labor, you get a pro-white labor movement. You absolutely cannot play footsie with this stuff. It never ends well.

BlackRock the latest lender to report losses based on fraud. The alleged scheme used fabricated accounts receivables as collateral for $500mm in loans. Smells a lot like First Brands, Tricolor, and the frauds flagged by WAL and ZION.

and yet you are

Jamaica is facing possible"total structural failure" as the full force of Melissa slams into the Caribbean island nation, warns the National Weather Service. www.nhc.noaa.gov/graphics_at3...

UPS just said they've cut 48,000 jobs this year. Its stock jumped up after the announcement. www.reuters.com/business/wor...

ICE will arrest anyone—even a 16-year-old who just wants to get back to class. Joel Camas may be the first unaccompanied minor detained by Trump this term.

everything I'm seeing about this is apocalyptic. is anyone on here fundraising around this already / know the best Jamaican orgs to support atm? abcnews.go.com/Internationa...

Starbucks' unionized workers are holding a massive strike vote. If approved, more than 12,000 baristas in 45 states and the District of Columbia could strike. @sbworkersunited.org says the strike would be open-ended, potentially continuing through the holidays.

UAW workers at Volkswagen's only US assembly plant are holding a strike authorization vote this week. After more than 13 months of negotiations and unfair labor practices, Volkswagen still won't agree to a decent contract. Volkswagen made $20.6 billion in profits last year.

"it may be very difficult?!"

Related - here’s a snapshot of Meta and the lender (Blue Owl) for its Louisiana data center trying to position themselves limit the damage if things implode. pitchbook.com/news/article...