New Left EViews
@NewLeftEViews
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Economist, researcher, writer etc • Int'l & European political economy, geoeconomics, climate, history. Some fraction of @eurotrashpod 🐈⬛
People’s Rep of Bethnal Green
Joined October 2009
Forcing a nuclear power into a currency crisis has never been done before for a reason: it's irresponsible and it accelerates the process of escalation without the benefit of directly hurting the selectorate on which his power relies.
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I don't think people realise the implication here. Unlike the terror bombing of German cities [still considered a war crime], the destruction of Gaza is perpetrated with precision weaponry, over a short span of time, against a wholly defenceless population with nowhere to go.
In just under two months, IDF bombs have destroyed a comparable percentage of buildings in northern Gaza as WW2 allied forces achieved in the space of two years of carpet bombing German cities
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GP’s will soon be stripped of the ability to sign people off work as part of a major government inititive to crack down on ‘sick note culture’. Rishi Sunak says people should stop 'over-medicalising the everyday challenges and worries of life'.
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The intentions behind running this story and framing it like this—in the context of Palestinians being detained, tortured and killed at great scale—are so cynical, vile and murderous. Hard to describe the hatred I feel for our lumbering imperial ogre and its mouthpieces.
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Meanwhile, during that same decade:
After 10 years, I am proud to see the second staircase at Surbiton Station officially opened!. It is fantastic to see constituents and commuters using the staircase and the benefits it is already having on improving congestion. Thank you to everyone that has made this possible!
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The recent FT piece on Hamas made clear that the IDF know better than anyone that Hamas’s communication methods are almost entirely analogue. Shutting of all communications in Gaza has a very different, more sinister purpose.
lsraeli bombing intensifies as Gaza is disconnected from the entire world.
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Not even Nazi Germany was fully exiled from the international monetary system. Bank of England and Reichsbank relationship persisted well into the 40s, while the BIS allowed the Reichsbank access to its clearing and settlement facilities throughout the entirety of the conflict.
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Pulitzer Prize for International Reporting.
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Everybody please get a grip.
The damage done to Stonehenge is outrageous. Just Stop Oil are pathetic. Those responsible must face the full force of the law.
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Really hard to think of any series of world-historical crimes that are as extensively documented and that feature as one their main sources of evidence the gleeful and sadistic public boasting of the perpetrators in the act of committing those crimes.
An Israeli sergeant publicly shares footage of shelling and destroying a mosque minaret in Gaza on Instagram, captioning it with "Things to do when the tank crew is bored in Gaza."
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TIL that Weimar Germany regularly bought Peru’s entire annual raw cocaine stock and that up to 80% of the end product ended up in Berlin.
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To be perfectly frank the only way these sort of tyrannical sanctions, namely a full freeze of all central bank transactions, are justifiable in light of the unimaginable costs they will impose on the Russian people, is if they lead to Putin getting murdered in the near future.
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The head of the German-Israeli Society is seriously suggesting to use hunger as a weapon against Gaza's civilian population. I reckon that despite all the performative handwringing about German history, this will not elicit any serious pushback. Yes, he's a Green Party member.
Heute bei @WELT TV: @Volker_Beck fordert, dass Hilfslieferungen an Gaza stärker an die Befreiung der 🇮🇱 Geiseln geknüpft werden müssten. Es sei zudem absolut unverständlich, dass die Weltgemeinschaft das @ICRC nicht stärker in die Pflicht nehme.
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@mehdirhasan The churchgoers are Hamas; they're human shields, there's a tunnel beneath the church; it was an accident; it wasn't an accident but the sniper is a bad egg in the 'most moral army'; it didn't happen; it did happen but "this is exactly what Hamas wants!"; deadcatting; silence.
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She probably knows this and that she will have to resign. Everything she is doing now is pure signalling for her next job. She’s signalling that she’s a member in good standing.
According to Columbia by-laws, police are not supposed to be allowed on campus without the consent of the faculty. President Shafik does *not* have our approval for this raid; she has not even asked our approval. This promises to be a horrifying dereliction of faculty governance.
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Ridiculous and frankly contemptible that Germany is preventing a noted surgeon and the Rector of a renowned university to speak in front of *another country’s parliament*.
I am at Charles De Gaule airport. They are preventing me from entering France. I am supposed to speak at the French Senate today. They say the Germans put a 1 year ban on my entry to Europe.
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Guys this meme format only works if what she's saying is patently untrue and outlandish.
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Just received word from a reliable source that Prigozhin is joining the Harvard Institute of Politics.
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Needless to say this is a huge gamble. While there are already cracks emerging (public dissent among a few of his key cronies), his response might well be to isolate himself, reduce other peoples' purchase on decision making – even dangerously shorten the chain of command.
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B/w 1995 and 2015, Tokyo and London experienced a similar rate of population growth, 14.3% and 18.6% respectively. But the increase in housing prices was 16% and 441%. May or may not have something to do with Tokyo issuing more housing permits than the entirety of England? 🏗️.
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Of Harvard’s white (and therefore socio-economically privileged) applicant pool, only 10% are regular admits. 54% are legacy, athletes, dean’s list, staff children. Whatever you say about Oxbridge, there is nothing here that comes close to this repugnant class patronage system.
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Stephen Jay Gould famously said that he’s less interested in Einstein’s brain than in how many potential Einsteins who died in cotton fields and sweatshops. The inverse problem is technically gifted people wasting their talents in the most parasitic sectors imaginable, while many.
"The best minds of my generation are thinking about how to make people click ads. That sucks." - Jeff Hammerbacher. These minds going into Tech and Finance are following the price signal that is meant to allocate scare resources. Individually rational. But collectively disastrous.
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Unbelievable, abject levels of denial. When you think Alabama is ‘richer’ than many a Western European state you should stop and reconsider the value of comparative GDP levels as a measure of developments.
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The SWIFT and settlement system sanction matter, but they still exclude energy. The ones that matter are the asset freezes, and they target the economy as whole imposing great burden. Not only is the payoff unclear (it will not stop the war) but the risk seems unacceptable.
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US libs are already having a meta-discussion about grief and trauma, pull yourself together for once Jesus Christ.
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Is this how stupid the average elite.college dumb rich kid in the US is?.
Everyone, and I mean everyone, should read @anneapplebaum’s Gulag and Red Famine. The horror of the Soviet Union is not a question of ideology it is a reminder of human cruelty at its most despicable. The history of the Holodomor, especially, is far too unknown.
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The notion that Trump/Vance/Hawley et al represent some sort of break from neoliberalism and militarism and a shift to pro-worker ‘economic populism’ in trade- and industrial policy seems to have some currency in sections of the left. Depressing. We’ve been over this: it’s a con.
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Extinction is a destructive force, but it also increases biodiversity. Humans need to acknowledge that awkward truth if we want to survive, @Leigh_Phillips writes.
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What is there left to say?.
Breaking: Starvation has reached unprecedented levels. Thousands in western Gaza city rushed out upon hearing of a food truck's arrival, only to be fired upon by the Israeli army. #GazaGenocide
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Well. Britain looks like a laboratory for neo-Reaganite economic policy but without the dollar. In fact, if announcing your budget causes yields to rise and your currency to slump, you're more of an EM.
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I'm curious how apologist are, if at all, responding to this, a strike on dozens of civilians, mostly children and wounded, in a medical convoy that was, as per IDF orders, on its way to the border crossing, a convoy that was registered and announced to the IDF. It's deliberate.
#BREAKING| #Israel's airstrikes target an ambulance that was carrying injured civilians toward the Rafah border crossing. #Gaza
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The reason Mourinho is the finest football manager ever is because he’s the only one so far to have quoted Hegel at a press conference:
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Look, you may laugh at her—an uncommonly dumb, self-involved, untalented, uninteresting, uncharismatic product of contemporary mass culture)—but “more racism; less technology” is unfortunately the default and only way most millennials are able to conceive of the past.
y’all. 😭 there are so many wrong things about this
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« …sympathisiert offen mit den Palästinensern » . It’s no longer “Hamas” but about “sympathising” with “Palestinians”. Mere sympathy with the tens of thousands of civilians facing violent death, mutilation, illness, starvation is now a pathology in the eyes of German literati.
Greta Thunberg sympathisiert offen mit den Palästinensern. Das kompromisslose Mädchen wurde zur Stärke der Bewegung – und wird jetzt durch zu ihrer größten Schwäche.
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Absolutely fucking no one:. Yuval Noah Harari: « You see, the problem is that the Palestinians didn’t build a ‘Singapore on the Levant’, really wouldn’t have been that hard ».
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The last heir to the Ottoman Empire lived in this Lexington Avenue walk up, which his wife still occupies and which is apparently rent-controlled at $390 a month.
Increasingly obsessed with Napoleon’s brother, Joseph, who was crowned King of Naples (Giuseppe I), then King of Spain (José I), but who after Waterloo… moved to this house in New Jersey
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This would naturally heighten the escalation risk, even though the current level of alertness of the nuclear arsenal isn't per se something panic about.
<THREAD>What does raising the alert level of Russian nuclear forces entail?. Russian nuclear forces can be divided into strategic (which can reach the US) and nonstrategic (which can't.) I'm looking to see whether strategic forces, nonstrategic forces, or both are alerted. (1/n).
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*stares in political economy*.
One of the biggest gaps in economics is explaining why outcomes differ across countries. Why is homeownership lower in Germany? Why do the rich live the center of the city in Argentina, but in the suburbs in America? . We don't have great frameworks to answer these Qs.
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So we’re just making shit up now? . It would be nice if certain people’s reputation would take a hit for once.
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Lordy lord. Unless you’re in the 90th percentile of Millennials, you’re getting wrecked by the greatest social crisis in the developed world (housing).
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The legacy of Truss/Kwarteng is pretty dire: almost everyone is talking about recent events of in terms of 'fixing holes in state finances' so as not to provoke the bond vigilantes – a catastrophic regression in our policy discourse which the British left is just along with.
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UNRWA suspends some of its 10000+ Gaza employees based on claims Shin Bet extracted by torture; media run the story cynically timed to the day of the ICJ ruling, countries suspend aid while half a million people are threatened by starvation, and scholars like Richter mindlessly,.
Heute am #Holocaustgedenktag sei darauf hingewiesen, dass das UN-Hilfswerk für Palästinaflüchtlinge (UNRWA) mehrere Mitarbeitende entlassen musste, weil diese womöglich am Massaker vom 7. Oktober beteiligt waren.
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Am I right in thinking that most of the ‘genocidal’ violence of recent memory—Srebenica, Dafur, Xinjiang, Myanmar, Gaza, communal ethno-religious violence in Modi’s India, not to mention the hysterical wave of discrimination after 9/11—has been against Muslims of some kind?.
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We've been over this: Bavaria is not as 'poor' as Alabama or the UK, and the UK sans London isn't as 'poor' as Mississippi. The political economy of American capitalism is different enough to render income per capita levels to be pointless as a comparative measure.
NEW: America is a rich country. Britain is a poor country with one wealthy region. People love to compare the UK to Mississippi, but it’s far more informative to look at UK subnationally, too. London ranks fairly well, the rest of the country does not 👉
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The content of German state ideology isn’t the main concern; the public seems overwhelmingly at odds with it anyway. What is more concerning is the uniformity, cynicism and absolute ruthlessness with which the intellectual elites and media classes have seen fit to enforce it.
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@shashj Have you read anything about all of the previous iterations of this conflicts? The statements of Israeli leaders then, and indeed, now? You’re really the epitome of motivated reasoning and conformity masquerading as epistemic caution. Just a disgrace to your profession.
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Every crisis reveals the structure of the system through which it propagates. Gaza illuminates not just the nature of a violent imperial system and its unsteady hegemon, but also the rot within our institutions: the legal system, press, academy, intelligentsia, political class.
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Seems like a good moment to recall what Mike Davis once said about Etonians: "Ultimately you couldn't really understand these guys unless you'd taken showers with them when you were ten.".
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@derspiegel You guys actually translated this into the lingua franca just so you could maximise the audience in front of which you wanted to humiliate yourselves. Tenaciously pursuing your kink, I respect it.
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This bellicose speech by the (even by FDP standards) rather stupid and vulgar Strack-Zimmerman rings hollow in light of the fact that Germany is the only country to spend €50bn for one halfway combat-ready battalion and that ’Zeitenwende’ is just a meme.
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This man never misses: Piketty is literally one of the only top academic economists who isn’t a misanthrope.
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I will ponder, on my annual stay in the south of France, why smart people believe this when, adjusted for PPP and hours worked, the US about is about as rich as Germany, but vastly more unequal, exploitative, sans public services and with a huge productivity/living standards gap.
Something for Europeans to ponder on their fourth week of vacation in August.
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@IsabellaPfaff Evoking the ‘scientific’ tenability is quite nonsensical here. Genocide is a legal term with very specific legal parameters. The foremost legal.experts are starting to agree that a genocidal character to this conflict is possible. So it’s not an absurd conclusion.
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Casual hyperviolence against unarmed members of the press. The result of long-standing impunity.
Israeli soldiers severely beat Palestinian Journalist Mustafa Haruf, who works for Turkish public agency Anadolu, and threaten him with live fire and in East Jerusalem. He is hospitalized with serious head injuries. All broadcasted live by CNNTurk .
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Many pieces written on sanctions recently but if I had to single out one key paragraph it would be this one by @njtmulder:
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Very worrying that this needs clarification. The allies were fighting a total war against the German state; precision bombing didn’t exist, strategic bombing in its infancy. And the incineration of German and Japanese cities is still (rightly) considered an abominable war crime.
Please let's put this ominous Dresden/Hamburg etc analogy to bed. Allied bombing actually had negative military impact. The tens of thousands of civilian deaths strengthened German resolve to fight on. It was a moral blot that did nothing to hasten the end of the war. 1.
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Things like executing children in front of their parents, running over live civilians with tanks, burying alive etc. only occur this flagrantly and at this scale when perpetrators enjoy impunity. The unconditionality of US support for another state seems unprecedented in history.
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It’s quite stunning how the ICJ decision has been greeted by near total silence by the otherwise so loquacious Staatsraison-abiding politico-media elites in Germany. Cowardice + moral- and intellectual bankruptcy.
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The truth is that, shockingly extreme though it is here, this inability to view society as fundamentally unmendable, as anything else but zero-sum and life as about anything else but self-advancement and 'performance', is the dominant social style in the society SBF grew up in.
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Always love to see this map. It shows the relative geographic seclusion of Italy and how the Po valley and the Adriatic form one contiguous macro region within the Mediterranean.
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«That things 'just go on' is the catastrophe.». — Walter Benjamin.
When will it stop?.
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I clicked on the ‘For You’ tab. Saw some low-hanging fruit: Spain was a rapacious and then long stagnant empire, culturally and intellectually stifled by catholicism and social backwardness until the 20th century. The caliphate was a civilisational high-water mark in every way.
If you ever feel hopeless, remember that the Spanish took back their homeland and proceeded to become one of the world's most powerful empires from THIS.
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Dril tweet.
So long Gen Z. From now on I call you Gen H. Generation Hamas.
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Mearsheimer with an eerily accurate prediction.
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This is more vindication of @davidrkadler thought.
Macron a finalement reconnu la véritable raison pour laquelle il refuse d’appeler Lucie Castets à Matignon. « Si je la nomme, elle abrogera la réforme des retraites et augmentera le Smic à 1 600 euros. ». ➡️
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In Germany, you can now just make shit up, as long as it’s about the right people. Palestinians in ‘administrative detention’ are “Millitants/Terrorist”. These are prisoners held indefinitely without trial, hundreds of them children, for offences as minor as throwing stones.
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Is there any field of the social sciences that more strenuously (and laughably) claims to be a science, while also constantly appealing to authority (credentials, pointless indicators, status) over argument and evidence? It's petty gatekeeping dressed up as epistemic humility.
What are we doing? Not to pick on Weber, a young scholar, but my journalist friends: just look at CVs and talk to profs who are experts rather than those whose arguments are a political fit. IW has literally 0 pubs on inflation! We just did this nonsense with (also insane) MMT!.
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The absolute state of this.
80th Anniversary of D-Day . Which country do British voters think did the most to defeat Nazi Germany? (5-6 June):. The United Kingdom 42%.The United States 12%.France 6%.The Soviet Union 6%.Canada 3%.Poland 3%.
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Remember this one? (1974 West-German energy mix forecast.)
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One infamous case was the clearing of looted Czechoslovakian central bank gold via the BIS in cooperation with the Bank of England. After the war, the BIS was nearly dissolved because of all this.
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If the German state, the German public, the German intelligentsia, particularly on the left, have any «unique historical responsibility» it’s to not act as cheerleaders and enablers of fascistic states led by far-right ethnonationalist governments openly committed to mass murder.
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I don't unreservedly like brutalism but the Danish National Bank's headquarters are a marvel to behold! Heroic late modernism?
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«Capital and Military wishing each other: 'A blessed New Year!'».George Grosz, 1920
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I'm framing this. The poster child of the great misallocation era.
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The Bank of England archives are apparently full of fawning, admiring letters exchanged between Montagu Norman and Hjalmar Schacht, well into the war.
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Finland has been part of NATO for all but five seconds and we’re already doing this?.
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One of the obstacles to Palestinian freedom is the 'problem of repetition'. In order to unmake the lies that resurface whenever oppression escalates, one has to constantly retell, in sequence and in context, the events and actions of the last decades.
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The totality of the victory of American mass consumer culture over European bourgeois civilisation cannot be overstated.
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Never seen propaganda this effective. The sheer amount of depraved lying leading to scores of supposedly intelligent and respectable people to cheer mass slaughter, fully persuaded of the notion of Palestinians as subhuman, turning viciously on those who aren’t. I’m quite in awe.
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This is all fine and well but as soon as a moderately social-democratic party with a debt-financed public investment + planning programme tries to gain power, Wolf and his colleagues will come out with blazing guns, warning about the peril to growth and prosperity etc.
Martin Wolf: Market forces are not enough to halt climate change
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Greece was insolvent; but the Troika pretended it was illiquid, heaping more debt onto Greek shoulders under macroeconomically non-sensical conditions that made servicing that debt even more impossible, while gladly maintaining the rents of the local oligarchy.
Amazing number of people seem to think that the Greek economy was fine in 2007 and only imploded because of the evil EU.
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So today they hit the same refugee camp in Jabalia again, while desperate people were pulling their loved ones out of the rubble. Why, you say, after the international outcry yesterday? Simply ecause the outcry didn’t extend to the United States.
CNN's Wolf Blitzer: You knew that there were innocent civilians in that refugee camp, right?. IDF spox: This is the tragedy of war. We told them to move south. Blitzer: So you decided to drop the bomb anyway. IDF spox: We’re doing everything we can to minimize civilian deaths.
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They hate us for our freedom.
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Ben does a better job at articulating something I’ve suspected for a while: it’s not ‘ hysterical obedience’ or ‘guilt’, but a form of arrogance, a posture of a very German kind, the thrill of piously insisting on one’s own abstractions, no matter how dissonant with reality.
What the Böll event puts on record is that these people's refusal to even *look* at Gaza – let alone *think* seriously about it – is categorical. There is no intellectual justification. Only narcissistic projection and (the flip side) dehumanization of Palestinians. Revolting. 1/.
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A substantial amount of humanities people I know could well learn calculus, programming, physics etc but most STEM graduates would be fairly hapless at being historians or philosophers etc.
Which of your STEM education related opinions would get you in this position?
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Imagine showing someone a headline containing the words ‘war’, ‘stagflation’ and ‘pandemic’ in December 2019.
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