Dr. Samantha Hancox-Li: krugman lands on the core point that explains why the very rich prefer trump to biden, despite the fact that democrats have over and over proven themselves to be better at economy than republicans for them, money isn't about material goods. it's about keeping score. www.nytimes.com/2024/06/10/o...

krugman lands on the core point that explains why the very rich prefer trump to biden, despite the fact that democrats have over and over proven themselves to be better at economy than republicans for them, money isn't about material goods. it's about keeping score. www.nytimes.com/2024/06/10/o...

Opinion | Freedom’s Just Another Word for Not Paying Taxeswww.nytimes.com Why America’s oligarchs are rallying around Trump.

trump promises the very rich--just as he promises the white gentry--not an *objective material* improvement in their fortunes, but rather a *relative* improvement to their place in the hierarchy, first and foremost by discipline-and-punishing their "lessers"

he's going to crush the unions, deport the immigrants, force queers back into the closet and women back into the kitchen the subaltern are going to be "reminded of their place" and "order" will be restored "economic anxiety" is merely the gloss people put on the anxieties of challenged hierarchy

same as it is for illiberals everywhere-- www.liberalcurrents.com/the-illibera...

The Illiberal's Dilemmawww.liberalcurrents.com In January of this year, media personality Matt Walsh tweeted “Singapore is able to have nice things in part because they execute drug dealers by hanging and arrest even petty vandals and thieves and ...

nail on the fucking head: bsky.app/profile/vair...

I swear a lot of these guys would give up half their net worth to openly use slurs and grope their employees.

My take is a very tired retread of an oft observed dynamic bsky.app/profile/jmgr...

Trump both protects capital, and does not bind capital's owners to any kind of social contract.

status explains political phenomena of every kind far better than any other single factor

"‘Discipline in the factories’ and ‘political stability’ are more appreciated than profits by business leaders." - Kalecki 1943 same as it always was

Must-Read: Michael Kalecki (1943): Political Aspects of Full Employment - Equitable Growthequitablegrowth.org Must-Read: Michael Kalecki (1943): Political Aspects of Full Employment: “Most economists are now agreed that full employment may be achieved by government spending… …There is a political background i...

I feel like if we had parenting classes which could teach rich dads how to love their boys we might be able to avoid all of this.

Would you rather serve in heaven or rule in hell? And by serve we of course mean: Be unable to abuse minorities

Trump follows a simple set of rules: 1) Promise anything that gets Trump votes. 2) Do anything that makes Trump money. The very rich understand these rules and like the fact they give less money to the non-rich and more to them.

I wonder how krugman feels about being the last good writer at nyt opinion lol

A corollary to "large individual fortunes harm the economy and robust taxation grows it"

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