A fantastical and unsustainable mega-project pushed by elites disconnected from reality and backed by huge volumes of fickle and self serving financial capital. Sounds familiar ig.ft.com/saudi-neom-l...

The dark side of Japanese convenience stores - on.ft.com/3Jvk9Ok via @FT @msteinbrg.bsky.social

Welcome to platform capitalism

53 years young and still trending

Pull up for a bumper issue, nine articles, from ecologization as a mode of economization to the prompting of generative AI models in UK government, with stops in Brazil, Venezuela, Kenya and the US along the way! www.tandfonline.com/toc/reso20/c...

One vision, fried chicken

Racism, colonialism, and tax havens: tracing the offshore world’s hidden histories, by Miguel A. Rivera-Quiñones

Just in case anyone is listening, please note that UK universities cannot operate successfully on the basis of continuous reduction of academic staff and academic staff pay. No amount of staff wellness sessions will change this.

FinTechs large (and small) are frantically updating their platforms so that AI agents can pay, borrow, invest, etc. This is the logical extension of the transformation of people into FinTech "users" (rather than consumers) which has already reordered social relations thepaypers.com/payments/new...

I'm a little older

Yet, when everything is in crisis, everything is still in crisis

The next General Election is a way off, but it seems likely that more people will vote against political parties that they don't want to be elected than will vote for the party that they want to be elected. Strange times in British politics

This is from a couple of months ago, but I am adding it to the 'PE is in serious trouble' files on.ft.com/4oS7GEc via @FT

Co-authored with @andrewleyshon.bsky.social for a forthcoming special issue of @finandsoc.bsky.social, this essay takes Elon Musk's planned FinTech makeover of X as a provocation for a critical analysis of so-called 'embedded finance' and the evolution of FinTech www.cambridge.org/core/journal...

'Alarm bells’ is central banking speak for big trouble on.ft.com/478INMg via @FT

The talks between the Trump administration and firms including Apollo and Cerberus mark an unprecedented effort to enlist some of Wall Street’s biggest investors directly in US national security on.ft.com/47juZ1S

After more than a decade of below inflation pay rises (i.e pay cuts), very significant job losses and intensified workloads, absolutely no mention whatsoever of staff in this sticking plaster response to the crisis in UK universities. www.bbc.co.uk/news/article...

Co-authored with @andrewleyshon.bsky.social for a forthcoming special issue of @finandsoc.bsky.social, this essay takes Elon Musk's planned FinTech makeover of X as a provocation for a critical analysis of so-called 'embedded finance' and the evolution of FinTech www.cambridge.org/core/journal...

If you enjoyed @kateconger.com and @rmac.bsky.social's Character Limit, and wondered about Musk’s ambitions to turn X into a fintech behemoth, then you might be interested in a new Open Access paper by @paullangley.bsky.social and me on fintech's 'disappearance'. www.cambridge.org/core/journal...

India has increasingly become the celebrated example of FinTech led financial inclusion and digital economic development. www.phenomenalworld.org/analysis/dig...

FICO under fire on.ft.com/4q5c9Uy via @FT

A little weekend reading for the UK Prime Minister

Insightful comparative historical political economic analysis of the coming AI bust. A sobering read that gets past the sensationalism. Recommend.

Existential conjuncture www.forbes.com/sites/shanno...

A stellar line-up has been assembled to support the development of early career economic geographers. This annual Summer Institute has boosted many research trajectories, so it's definitely worth applying if you're eligible.

A 'told you so' moment for more than two decades of Social Science research into carbon offsets ...

When your employer sends an email to staff titled "Call to arms"

Sorry to be returning to this topic again, but the people at Adobe should stay in their lane. The integration of AI into reading and writing software for pdf documents is unnecessary, unwieldy, and undermines the product.

Deregulation of Wall Street banks will "boost their capacity to finance huge investments in AI and data centres and allow them to return more capital to shareholders". More, more, more of the same, then on.ft.com/4n4bUpX via @FT

"This looks like a long document. Would you like a summary?". When AI is embedded into the standard university software, what chance is there of encouraging students to engage in detail with a text?

Private equity is very, very deep into $3 trillion worth of shadow bank lending and private credit that's starting to look very, very shaky. This is on top of the $1 trillion worth of company assets that private equity is struggling to exit. Trillions of trouble is brewing archive.ph/tbKt0

It's alive!

Private equity is buying up energy utilities: but will this multibillion dollar bet on powering the AI boom pay off for investors and what will it do to residential power prices? Read @financialtimes.com on.ft.com/4pZWeXs

Our article on the politics of AI prompts is out now @econsocjournal.bsky.social www.tandfonline.com/doi/full/10.... 1/n

America is now one big bet on AI - on.ft.com/4pTQ3US via @FT

Slow out of the blocks on.ft.com/42JDhhS via @FT

PhD and postdoc positions are available on a fantastic project about finfluencers and young adult investment culture in Denmark. The project is based at University of Copenhagen and led by Jacob Ørmen jobportal.ku.dk

Shop with OpenAI. ChatGPT now has FinTech embedded inside. thepaypers.com/payments/new...

BBC radio's evening prime time and self-styled serious news programme has initiated a new feature that "may run for 3 weeks or 3 years". A "user's guide to AI" is needed, apparently, because only 25% of adults are using AI by choice. Without irony, state media recommends "having a go at ChatGPT"

All tracks lead to the North East of England

This. AI capitalism run amok.

A CV2 is not an old Citroën stuck in reverse. It's a 'continuation vehicle' created by private equity capital to replace an earlier continuation vehicle that has reached the end of it's days. Production of CV2s (and PE) will come to a grinding halt as interest rates rise on.ft.com/47fy70j via @FT

A window on the unnecessary financialized nonsense that contributes to making UK energy costs higher than elsewhere. Note that the focus for debate is how best to regulate companies that make huge profits by selling energy they don't produce.

Ill-fated major political decision incoming in the UK today. on.ft.com/4mytYs0 via @FT

Saiu publicado na Economy and Society @econsocjournal.bsky.social o artigo que escrevi com Guilherme Casarões (@casaroes.bsky.social), Letícia Cesarino (@letcesar.bsky.social) e Mariana Côrtes, intitulado "Occult enemies of the market order". www.tandfonline.com/doi/full/10....

Publicado nosso artigo na Economy & Society! Um argumento sobre a dimensão conspiritual do (pós)neoliberalismo, na convergência com a extrema direita, a partir do caso brasileiro. Link abaixo. PDF enviável no privado.

Dear @financialtimes.com In UK HE, 'corporate crib sheets' have already been borrowed (alongside a lot of debt). Schumpeter is on the syllabus, plus critiques of 'creative destruction'. This ideological drivel also falls way short of the analysis expected of students. on.ft.com/48qerHm via @FT

One of my personal favourites @provokedeconomy.bsky.social

A new piece on extractive capitalism for @thetls.bsky.social, reviewing 4 new books, including @triofrancos.bsky.social's much-anticipated EXTRACTION and Partha Dasgupta's widely- praised ON NATURAL CAPITAL