Sunday, March 29, 2026

Week-end Wrap – Political Economy – March 29, 2026

Week-end Wrap – Political Economy – March 29, 2026

by Tony Wikrent


Tell Your State To Pass This No-ICE-At-Our-Precincts Model Law. Now.

Josh Marshall, March 27, 2026 [Talking Points Memo]

 I found a piece of model legislation published on March 9th by the Brennan Center. 


War

Plans, Platforms And Projectiles — The longer-term meaning of the Iran war.

Aurelien, Mar 25, 2026

...the lack of a strategy for Iran—as opposed to a generalised aspiration to do harm when the opportunity presented itself—meant that the US was not really prepared for this war, and that the effects on US power and on its economy and its political and military system, will accordingly be a lot more severe than they might otherwise have been….

...For this reason, as for others I’ll touch on, it seems highly unlikely that there will be a “deal,” with Iran, let alone a detailed agreement. If you can’t even decide what you want, it’s hard to persuade someone to give it to you….

[TW: Worth reading to the end and their discussion of the high-tech “platform warfare” the US developed during the cold war, and which all its expensive weapons systems are oriented around, versus the “projectile warfare” which is now emerging in the context of drones and inexpensive precision guidance. It appears that the Iranians decided to orient their military to “projectile warfare” and are damn good at it.]


America is Achieving Full-Spectrum Energy Dominance — And Nobody is Paying Attention 

[BettBeat Media, via Naked Capitalism 03-23-2025]

...I have said it many times, and I will say it again: the United States does not lose wars. If it did, it would stop waging them. Whether Afghanistan, Syria, Iraq, or Libya — failed states are not failures of Empire. They are the victories of Empire. And Empire is on a roll.

Now the same chorus rises over Iran. Left and right, the refrain is identical: this will be a disaster, America is overreaching, Iran will be its graveyard. The same voices. The same blindness. The same century-old script….

...Medhurst argues that the United States, far from stumbling into another disastrous West Asian quagmire, is executing a calculated seizure of the planet's energy supply — and that the wars on Syria, Venezuela, Ukraine, and now Iran are not separate blunders but sequential steps toward a single goal: total energy dominance. He coins a term for the endgame: the "petro-gas dollar" or the "LNG dollar." Let us see if the term deserves to stick….


Over 11,000 munitions in 16 Days of the Iran War: ‘Command of the Reload’ Governs Endurance 

[Royal United Services Institute for Defence and Security Studies]


Iran’s Ultimatum

Kevin MacDonald, March 22, 2026 [theoccidentalobserver.net]


Ken Klippenstein [via Naked Capitalism 03-25-2025]



“We are at war with the Epstein people. The people eating, frying, and raping kids...”

[X-Twitter, via Naked Capitalism 03-25-2025]

Incredible quotes in the deleted Telegraph article about the Lebanese Christians supporting Hezbollah. I wonder why they didn’t want their audience to read this:

“We are at war with the Epstein people. The people eating, frying, and raping kids… the worst part is they are the ones that rule the world.”


It's Getting Close to Clear How the War Will Turn Out — Data is available now — there aren't many paths

Thomas Neuburger, Mar 26, 2026 [God's Spies]

1. Israelis may well be close to a breaking point

Listen to Lawrence Wilkerson in the following video. The first six minutes is enough, though the rest is fascinating. Wilkerson says, from information he gets privately and from pirated Israeli videos he has seen, that 1) Israel is “flat being devastated” (his emphasis), “literally being ripped apart,” and 2) their casualties could be five to ten times more than what they’ve announced.

2. Israel’s air defense could be close to collapse

Former Pentagon war planner and MIT professor Ted Postol reinforces the point above. In addition, he thinks, now that Israeli air defense radar has been put out of action, Iranian drones, highly accurate, are now unstoppable, as are its armada of super-speed, high-damage missiles like the Fattah and Khorramshahr series.

Because of this, “Iran is now beginning to bring the full weight of its strike capabilities to bear on Israel and the military installations in the Persian Gulf” (9:33 in the video below). He anticipates increased desperation on the part of the Israeli government….

[TW: Most observers who aren't right wing nutters have said, regarding bombing Iran, that air campaigns have never won a war or even led to a loss of morale by those being bombed. Actually bombing stiffens resistance. I think the same will apply to Israel. In fact, because they faced extermination in the Holocaust, Israelis will probably never lose resolve. That also makes it unlikely they will be willing to accept anything less than defeat and destruction of Iran.]


The Building of Fortress Iran — "Iran was a chew toy the Russians and British tussled over"

Thomas Neuburger, Mar 23, 2026 [God's Spies]



Trump not violating any law

'He who saves his Country does not violate any Law'

Trump Stuns By Saying ‘I Don’t Know’ When Asked Directly NBC’s Kristen Welker ‘Don’t You Need to Uphold the Constitution?’

Joe DePaolo, May 4th, 2025 [mediaite.com]


Treason in the Futures Markets — People close to Trump are trading based on national secrets

Paul Krugman, Mar 24, 2026, via Naked Capitalism 03-26-2025]


Sen. Murphy raises the red flag on $1.5 billion in futures bought ahead of Trump’s war announcement

[Drop Site Daily: March 25, 2026]

Sen. Chris Murphy (D-CT) raised concerns about suspicious trades on Monday in the oil market minutes ahead of President Trump touting “productive” talks with Iran and postponing strikes on Iran’s energy infrastructure. Murphy cited reports showing $1.5 billion in S&P 500 futures bought and $192 million in oil futures sold just five minutes before the post, and asking who had advance knowledge. “Who was it? Trump? A family member? A White House staffer? This is corruption. Mind blowing corruption,” Murphy posted. The Financial Times reported bets worth half a billion dollars in the oil market were placed about 15 minutes before Trump’s post, which triggered a sharp sell-off across global energy markets and jumps in S&P 500 stock index futures. One source told the Financial Times, “It’s hard to prove causality . . . but you have to wonder who would have been relatively aggressive at selling futures at that point, 15 minutes before Trump’s post.” A portfolio manager told the paper, “My gut from watching markets for the last 25 years is this is really abnormal,” he added. “It’s Monday morning, there’s no important data today, there aren’t any Fed speakers you’d want to front run. It’s an unusually large trade for a day with no event risk . . . Somebody just got a lot richer.”


Trader made nearly $1 million on Polymarket with remarkably accurate Iran bets

Marshall Cohen, Mar 24, 2026 [CNN, via Drop Site Daily: March 25, 2026]


Trump Has No Soul

Chris Hedges, Mar 26, 2026

Trump is dangerous not simply because of his imbecility and unbridled narcissism, but because he lacks the core attributes of empathy and understanding that define the human soul.


Trump Officials Flee Into the Bunker — The Trump regime must be sensing something in the air — or are they planning it?

[Going Deep with Russ Baker, Mar 22, 2026]


Why are ICE & Border Patrol at airports? 

[Borderland Talk with Jenn Budd, via Naked Capitalism 03-26-2025]


What Was Actually in the Mueller Report

Joyce Vance, Mar 23, 2026 [Civil Discourse]

...Barb McQuade and I wrote a summary of the part of the investigation that delved into obstruction. You can read it here. “Attorney General William Barr did the country a disservice,” we wrote, “when he withheld the Mueller report from public view for weeks, while claiming Mueller concluded there was ‘no collusion, no obstruction.’ That is not what the report says.” We noted, “We start by acknowledging Mueller’s decision that he was bound by DOJ policy that prohibits indictment of a sitting president. Whether that policy is correct or not, prosecutors must follow the rules. Mueller did.”….

If you want more, there is a detailed analysis of the Mueller investigation from Just Security, which I participated in along with some very skillful lawyers. It’s divided out by topic, so you can dig in deeper on anything of interest….


Khaya Himmelman, March 26, 2026 [Talking Points Memo]



Justice Department agrees to pay Michael Flynn $1.2 million to settle malicious prosecution lawsuit

[Drop Site Daily, March 26, 2026]

The Justice Department has reached a settlement of roughly $1.2 million with former national security adviser Michael Flynn to resolve his lawsuit claiming he was politically targeted for prosecution during President Donald Trump’s first term, sources told ABC News Wednesday. The figure is well below the $50 million Flynn initially sought when he filed the suit in 2023, and comes after a federal judge threw out the case in 2024 for failing to meet the essential elements of a malicious prosecution claim—a ruling Flynn’s attorneys moved to revive after Trump returned to office. The Justice Department framed the settlement as redress for the “Russia Collusion Hoax.”


ICE admits it lied for over a year about legal authority to arrest immigrants at courthouses

[Drop Site Daily: March 26, 2026]

Immigration and Customs Enforcement misrepresented its legal authority to arrest immigrants at routine immigration court hearings for more than a year, according to a letter filed Wednesday by Jay Clayton, U.S. attorney for the Southern District of New York. Clayton revealed that ICE legal counsel admitted the May 2025 memo they had been using to justify courthouse arrests—titled “Civil Immigration Enforcement Actions in or Near Courthouses”—never actually applied to immigration courts. Federal agents had used the guidance to detain immigrants outside hearings, including people judges had found to have credible asylum claims. 

ICE Lied About Its Authority to Make Courthouse Arrests

Whitney Curry Wimbish, March 25, 2026

Agents never had permission to hunt immigrants at court appointments, says the U.S. attorney for the Southern District of New York.



Global power shift

China chip sector targets 80% self-sufficiency with US in its sights

SHUNSUKE TABETA, March 28, 2026 [asia.nikkei.com]

Asian giant's ambitions include creating homegrown version of Dutch lithography giant ASML...

China's semiconductor industry plans to achieve 80% domestic self-efficiency by 2030, according to a target set by 13 top company leaders, as the country seeks to catch up to the U.S. through technological development and capacity expansion….

Shanghai-government-affiliated chip tool maker Advanced Micro-Fabrication Equipment unveiled manufacturing equipment for logic chips using 5-nm and smaller technology. Chairman Gerald Yin announced a plan to raise the share of high-performance products it can supply in-house to above 60% within five to 10 years through technological development and acquisitions.

The Chinese government has positioned semiconductors as a strategic area in its five-year plan for 2026 to 2030, centered on self-reliance and self-strengthening in science and technology….


From years to a week: China unveils superfast software for hypersonic weapon design

Zhang Tongin, 20 Mar 2026 [South China Morning Post]

China’s new software simulates scramjet physics in one week versus years, marking high-fidelity leap in hypersonic engine research….

In just six years, between the 2019 debut of the DF-17 – the world’s first operational hypersonic glide vehicle – and 2025, China has fielded a full spectrum of hypersonic arms.

Two air-breathing models are especially notable: the YJ-19 anti-ship hypersonic missile that can be launched from a warship or submarine, and the long-range CJ-1000 cruise missile that can hit land, sea or even air targets from thousands of kilometres away.




China assembled 30-story modular building in just 15 days

[X-Twitter, via Naked Capitalism 03-22-2025]

A construction company in China assembled a 30-story modular building in just 15 days using prefabricated modules designed to be energy-efficient and earthquake-resistant.




Gaza / Palestine / Israel

Israel just publicly assassinated 2 of the most respected journalists in Lebanon. And posted the snuff film of their murder for the whole world to see.

Shaun King, Mar 28, 2026

Fatima Ftouni and Ali Shoeib were not anonymous casualties. They were visible, beloved reporters, and their reported killing demands moral clarity….

What makes this story so sickening is not only the grief. It is the clarity of it. The people killed were not hidden. They were not anonymous figures moving in secret through the dark. They were journalists. They were visible. They were wearing press gear. The vehicle was marked. The word PRESS was not subtle. It was not coded. It was not ambiguous.

And Israel is not denying any of this. Their government literally posted the video for the whole world to see….


Oligarchy

Meet the 16 Billionaires Making Bank by Underpaying Their Workers

Sarah Anderson and Reyanna James, Mar 25, 2026 [Inequality.org, via CommonDreams]

At least 16 US billionaires owe their wealth to one of America’s 20 largest low-wage employers—corporations where a significant share of workers earn so little they have to rely on public assistance.


Felonomics

The Rich Won Trump’s Tax War

Veronica Riccobene, March 26, 2026 [The Lever]

New research is shedding light on just how big a windfall Trump’s One Big Beautiful Bill Act delivered to the wealthy, while monumentally screwing the poor. The richest taxpayers can anticipate thousands more in savings than their low-income counterparts, thanks to Republicans’ tax code changes; and in some states, disparities are far worse than in others. In Montana, for every $10 the poorest households save on their tax bill, its richest families will save $21,940.

In eight states, the poorest earners will now actually owe moreCase in point: In Florida, the bottom 20 percent of taxpayers can expect to pay $150 more on their annual return, while the richest households will pocket an average of $20,160 in tax savings.


Trump’s Corrupt Gift to Big Real Estate — How one merger reshapes real estate

Economic Liberties, Mar 25, 2026 [The Economic Populist]


Trump is the biggest threat to D.C.’s architectural splendor since War of 1812

Philip Kennicott [23 Mar 2026, Washington Post]

...Washington has a composed geometry built up from significant details like this elliptical drive. As with the diagonal avenues that connect symbolically important circles, squares and civic landmarks, the Platonic perfection of this shape is best appreciated from the air. But it is a vital reminder of the care taken, over the past 200 years, in the design of the capital city, and the deference paid to a set of aesthetic and cultural values that came out of the Enlightenment, including a love of symmetry, repetition, iterative patterns and a fine balance between grandeur and grandiosity.

Trump is the most significant threat to the city’s architectural and design legacy since British forces burned the Capitol and White House during the War of 1812. He has already demolished the East Wing of the White House, which dates to the administration of Franklin D. Roosevelt. He will replace it with a building that makes James Hoban’s neo-Classical executive mansion a mere appendage to a space meant to function like a hotel-convention-center-entertainment venue. He has proposed (but temporarily delayed) painting the next-door Eisenhower Executive Office Building a blinding shade of white, which preservation groups argue could irreversibly damage the stone facade.

He wants to build a 250-foot-tall memorial arch near the most hallowed ground in the country, Arlington National Cemetery. His “Independence Arch,” which he has said will honor himself personally, would dwarf the largest victory arches in the world, including the arch in Pyongyang, built in 1982 to honor North Korea’s murderous dictator, Kim Il Sung. Only Eero Saarinen’s slender ribbon of steel, the Gateway Arch in St. Louis, would be taller. Although it would be built in a traffic circle on the Virginia side of the Potomac, the Trump arch would compete with some of the tallest buildings in Washington, including the Washington Monument and Washington National Cathedral, fundamentally altering a meticulously preserved skyline.

The president’s proposed “National Garden of American Heroes” would introduce a forest of quickly designed statues to the banks of the Potomac almost opposite the new triumphal arch. A sylvan space defined by monumental memorials to Roosevelt, Martin Luther King, Jr. and Thomas Jefferson would be cluttered, wax museum-style, with hundreds of stubby tributes to showbiz stars, folk heroes and sports celebrities.

These proposals, the rush to realize them, the stacking of key oversight groups with Trump loyalists and flunkies and the collaboration of firms like Shalom Baranes Associates, have upended and effectively destroyed the process of design review — which has until now preserved Washington as a monumental, picturesque capital….

In 1806, Benjamin Latrobe, perhaps the first great architect in America, sent a letter to Congress, defending his work on the U.S. Capitol, which was then under construction. Latrobe, who also contributed to the interiors of Hoban’s White House, was a proud and difficult man, and his letter to Congress, which exercises authority over the design of the nascent city — a duty it is now shirking — was prickly and defensive. But in it, he articulated foundational principles for the aesthetics and architecture of the new republic, which recognized no kings, and no absolute authority beyond the laws and the Constitution.

“Nothing appears so clear,” he wrote, “as that a graceful and refined simplicity is the highest achievement of taste and art.” American buildings should be “chaste and simple,” and to ornament them just for the sake of surface attraction was folly.

“We find ornaments increase in proportion as art declines, or as ignorance abounds,” he maintained. This was the common language of American architecture at the time — stately, chaste, simple, dignified — and it echoed ideas from a half-century earlier, as capitalism and representational government were together forging a new, bourgeois worldview. In Adam Smith’s 1759 “Theory of Moral Sentiments,” the Scottish philosopher and economist sometimes called the Father of Capitalism wrote that two new aesthetics were in competition as the world industrialized and broke down the old, feudal orders.

One was based on greed, power and avidity; the other on equity, justice and humility. These values would express themselves in our political systems, our economies, our ethics, our art and our architecture….


U.S. to pay TotalEnergies nearly $1B to abandon offshore wind projects

[via Drop Site News, March 24, 2026]

The Trump administration will pay the French energy company TotalEnergies about $928 million to relinquish its leases for two planned offshore wind farms off New York and North Carolina, redirecting the investment toward oil and gas projects in the United States, according to the Department of the Interior. Josh Stein, the Democratic Governor of North Carolina, criticized the policy. “Our state has the offshore wind potential to power millions of homes with renewable American-made energy,” he said. “It’s ludicrous and wasteful that the Trump Administration is spending $1 billion in taxpayer money to pay off a company to stop it from investing private dollars to create the clean energy we need.”


The carnage of mainstream neoliberal economics

View / The US has a scientific breakthrough problem 

[Semafor, via Naked Capitalism 03-22-2025]


Health care crisis

Why More U.S. Doctors Are Moving to Canada

[Health Care Un-Covered, via The Big Picture, March 22, 2026]

Wendell Potter, a former insurance industry insider, on the accelerating physician brain drain to Canada—a healthcare system under stress is now exporting its talent. Recruiting agencies report a surge of interest from U.S. doctors frustrated with prior authorizations, corporate consolidation, and insurance red tape that often delays or denies care. 


How the Covid Disinformation Ecosystem was established 

[Counter Disinformation Project, via Naked Capitalism 03-27-2025]

...The Council for National Policy (CNP) has operated as the hub for the US radical right since its founding in 1980. It’s a coalition of what has become Christian Nationalism, raw resource industrialists, financiers and the newer addition of tech-bro oligarchs, and has been a driving force behind the culture wars. Billionaires such as Koch, Thiel, and the Mercers are involved.

A leaked recording of a CNP meeting at the start of May 2020 revealed a plan to create an organisation of “doctors for Trump” who would argue against covid restrictions. The CNP were worried that unless the economy was fully reopened soon then Trumps chances of re-election would be severely harmed, many members also had personal financial interests that were being impacted….

I have also added in Peter Thiel, the pandemic proved particularly profitable for his Palantir company. Palantir offered to create digital dashboards for governments for the nominal cost of £1 or €1, many governments took up the offer allowing the health data for entire countries to be fed into Palantir's platform. Since then Palantir has been able allowed to embed itself into many healthcare systems with dozens of contracts just in the UK. In the US it was a Thiel company that created the data hub used by Emily Oster to claim that covid wasn’t impacting schools and children.

Thiel is also an old friend of Bhattacharya since their students days at Stanford when they were college buddies.


The Horrors That Could Lie Ahead if Vaccines Vanish

Lucas Waldron and Patricia Callahan, March 27, 2026 [ProPublica]

Researchers at Stanford University modeled how many people could die or be disabled in 25 years if vaccines for polio, measles, rubella or diphtheria were no longer available.


Restoring balance to the economy

"We Wanted Them to Feel It": Ordinary Americans Take on Mark Zuckerberg and Big Tech in Jury Trials

Matt Stoller, Mar 26, 2026 [BIG]

Over the past week, jurors have made two different important decisions to hold big tech accountable. In one trial, a Los Angeles jury found Meta and Google liable for addicting and harming a child. They assessed the companies $6 million, opening the floodgates for thousands of similar lawsuits. In a related but different one, a New Mexico jury penalized Meta firm $375 million for violating state unfair trade practice and nuisance laws, based on a suit brought by the state’s attorney general, Raúl Torrez.

These cases are a big deal, because in many ways, they are the closest we can get to ordinary Americans expressing their informed views of corporate power. In a trial, after weeks of evidence, twelve men and women deliberate and make a decision about who is at fault. In both of these cases, they found the oligarchs had violated the law.


Social Media’s Endgame Moment — Even users don’t like it. So when you ask juries to render verdicts, they’re inclined to punish the platforms.

David Dayen, March 26, 2026 [The American Prospect]

…there are many other implications that signal if not the end of social media, then a turning point downward in its history. Their traditional protection from liability is over; their goodwill with the public has dissipated; their ability to buy off public officials has limited reach; and their attempts to transfer the fortunes they made on their platforms to the next generation of technology may become mired in a sea of litigation.

The first important aspect of these trials is that they took place at all. Social media and other websites have benefited for 30 years from Section 230 of the Communications Decency Act, which prevented sites from being held liable for defamation for the conduct of their users, unlike traditional publishers (and with some exceptions). But these trials worked around that restriction. The private lawsuit in Los Angeles was a personal injury case, and the case brought by the state of New Mexico had similar charges. They faulted Meta (and in the L.A. case, YouTube) for knowing that design features like autoplaying videos, sending continual notifications, or designing the algorithm for maximum addiction would keep younger users on the site and expose them to harms. That avoids the 230 shield and shifts the legal landscape to things social media sites affirmatively did, rather than just hosting misconduct by other users….

Part of this stems from the fact that people have come to hate social media, even if they’re heavy users of it. (Present company included.) Social media use is dissipating, one sure sign of disapproval; in polls, respondents reporting no social media use are rising among both seniors and younger Americans. Polling also often shows numerous concerns about the effects of social media and the desire to live without it. These polls are from people who haven’t been put into a courtroom and forced to listen to evidence that social media companies know how to addict their customers, and that this has a direct through line to users becoming depressed, suicidal, and at risk for exploitation, something the companies also know….


Our new antitrust case is about TV

Jeff Jackson (Attorney General of North Carolina), Mar 25, 2026 

The biggest TV company in the country is trying to buy one of its biggest competitors. If it does, it’s going to raise prices, downsize a lot of local news, and control a huge chunk of the news our country sees every day.

The big company here is called Nexstar. You probably haven’t heard of it, but it owns about 200 stations, including Fox, ABC, CBS, and NBC stations all across the country.

The second biggest TV company is Sinclair. It’s got about 180 stations.

The third biggest is Tegna, and that’s the one Nexstar is trying to buy. If it does, it will become the biggest TV company in American history and will reach 80% of American homes.

No single company has ever controlled that much of American broadcast television, and North Carolina would be the second-most impacted state in the country,….

The federal government has a standard index to measure whether a merger concentrates too much power in one company. The USDOJ and the FTC have used it for decades. Courts rely on it.

When a merger pushes concentration past a certain threshold and increases it by more than 100 points, it’s presumed illegal. In every single NC market affected by this deal, the merger doesn’t just cross the legal threshold, it obliterates it….

GRAPH — How much this merger exceeds the legal trigger in each NC market


Billionaire Wealth Has Doubled So Far This Decade

David Dayen, March 27, 2026 [The American Prospect]

Inequality has boomed so much in the 2020s that a 2 percent wealth tax on multimillionaires initially introduced in 2021 would yield more than twice as much revenue today.

The analysis, from University of California, Berkeley, economists Emmanuel Saez and Gabriel Zucman, reveals the incredible volume of capital income, currently not reached by the U.S. tax code, and could prove vital for the ongoing debate about taxes that has taken over the Democratic Party in recent weeks.

On Thursday, Sen. Elizabeth Warren (D-MA) rereleased proposed legislation that taxes households with net wealth of over $50 million annually. The tax is set at 2 percent of total wealth; the legislation adds a 1 percent surtax for households with over $1 billion. To guard against wealthy individuals who respond to this by leaving the country—even though they move at lower rates than middle-class households, even when faced with higher taxes—it adds a 40 percent “exit tax” on anyone with net wealth over $50 million who renounces their citizenship….

Research conducted by Saez, Zucman, and others reinforces the stratospheric direction of the ultra-wealthy. The 19 richest households in America added $1 trillion in wealth in 2024, according to a Zucman study. This was the largest one-year increase on record and an amount that’s greater than the entire economy of Switzerland. That study also revealed there were 1,370 billionaires in the country in 2021 and 1,990 by 2024, a 45 percent increase. Saez and Zucman have a new tracker called Realtime Inequality that will be updated soon….


Mark Kreidler, March 26, 2026 [The American Prospect]


Creating new economic potential - science and technology

Large Hadron Collider Discovers All-New Particle 

[Futurism, via Naked Capitalism 03-22-2025]


A water solution for drought‑prone South Africa: We designed systems to replenish aquifers 

Phys.org, via Naked Capitalism 03-22-2025]


Africa’s longest monorail line begins operations as Egypt opens 56.5km Cairo route 

[Business Insider Africa, via Naked Capitalism 03-22-2025]


Solar and wind reach record 17% of U.S. power generation

Ryan Kennedy, March 23, 2026 [pv-magazine-usa.com, via Clean Power Roundup]

The combined output from wind and utility-scale solar reached a record 760,000 GWh last year, accounting for 17% of total U.S. electricity generation as the sector scales to meet intensifying load growth.


Disrupting mainstream economics

Two Millennia of European History Written on Bones — Well-being and Immiseration

Peter Turchin, Mar 22, 2026 [Cliodynamica]

This week I’ve been analyzing a literal treasure trove of data, compiled by The European History of Health Project. This is a massive, collaborative, anthropometric research initiative, which analyzed over 15,119 skeletons from more than a hundred sites across Europe.

Human bones are an incredible source of quantitative data, because they can last for centuries and millennia under the right conditions. And when they are unearthed by archaeologists, they can tell us a lot about people they came from: what was their health and wellbeing, how likely they were to be injured or killed, and more recently what was their ancestry. Today I will focus on one particular indicator of biological well-being: stature or average population height (and in future posts I plan to deal with other insights that skeletal data can yield)….


Information age dystopia / surveillance state

Google Has a Secret Reference Desk. Here’s How to Use It

[Card Catalog, via The Big Picture, March 28, 2026]

40 Google features to find exactly what you need, the alternative search engines that do things Google won’t, and the reference desk framework underneath all of it.  


The 49MB Web Page

[That Shubham, via The Big Picture, March 22, 2026]

This is an absolutely devastating deconstruction of the current web landscape. I implore you to pause here, and read Bose’s entire amply illustrated essay. If active distraction of readers of your own website was an Olympic Sport, news publications would top the charts every time.


I Tried DoorDash’s Tasks App and Saw the Bleak Future of AI Gig Work 

[Wired, via Naked Capitalism 03-22-2025]


Jeff Bezos Seeking $100 Billion to Buy Manufacturing Companies, ‘Transform’ Them With AI 

[Slashdot, via Naked Capitalism 03-22-2025]


A Day in the Life of an Ensh*ttificator 

[YouTube, via Naked Capitalism 03-24-2025] “Published by the Norwegian Consumer Council.”


Climate and environmental crises

Himalayas’ glacier loss threatens 2 billion people in ‘greatest problem of climate change’ 

[South China Morning Post, via Naked Capitalism 03-22-2025]


Resistance

Minnesota Kicks Off Legal Battle With Trump Administration to Hold ICE Shooters Accountable

Andy Mannix, March 25, 2026 [propublica.org]


Conservative / Libertarian / (anti)Republican Drive to Civil War

Christian Zionists: A Fifth Column? 

Juan Cole [via Naked Capitalism 03-24-2025]


How the Republican Party Forgot It Was Conservative

Paul Starr, March 27, 2026 [The American Prospect]

...Consider the Republican turn from free-market conservatism to Trump’s “state corporatism.” Trump has repeatedly squeezed or lured corporations into doing his bidding. Eleven companies have given the federal government a stake in their ownership, making the government in most cases their largest shareholder and giving the president leverage over them. Imagine the outrage among Republicans if a Democrat had done that.

This past year, in exchange for an export license needed to sell advanced AI chips to China—a license previously denied on national-security grounds—Nvidia secured Trump’s approval by agreeing to pay the government 25 percent of the proceeds. As Aziz Huq and Vanessa Williamson point out, “Federal export law bars any such license fee, but paradoxically, that works in Mr. Trump’s favor: Since Congress banned the collection of that money, there’s also no statute directing how the funds can be spent.”

The money from Venezuela’s oil is an even more stunning example of Trump’s power grab and the breakdown of congressional control of the public purse. More than a billion dollars has gone into an offshore account in a Qatari bank that Trump has claimed the right to control, though the funds are supposed to go to Venezuela. Sen. Elizabeth Warren points out: “There is no basis in law for a president to set up an offshore account that he controls so that he can sell assets seized by the American military.”

Conservatives once stood for gradualism and a defense of institutions slowly developed over centuries, designed to ensure a government of laws and to uphold principles like due process. Yet the subversion of those institutions is happening on their watch. Trump has sought to politicize the entire government, including institutions with nonpartisan traditions like the armed forces and the IRS….

In his 2017 book Conservative Parties and the Birth of Democracy, Daniel Ziblatt….

“Strong conservative political parties,” Ziblatt argues, “led to a stable long-run path of democratization” for several reasons. Conservatives had “a realistic basis for assuming electoral success” and “the resources that allowed them to sideline their own radicals.” They accepted the “rules of the game” in a democracy because they believed they could win that game or at least keep radicals on the left out of power. But when conservative parties saw themselves as likely to lose, they often turned against democracy. That has been the story of recent American politics….

Snowballing demographic and cultural changes since the 1990s have created a rising sense of danger on the right. A high rate of non-European immigration, a falling proportion of Americans identifying as Christian, and increased numbers self-identifying as LGBTQ led many on the right to believe they were irretrievably losing cultural hegemony and political power. Barack Obama’s victories in 2008 and 2012 intensified the feelings of desperation, and conservative figures in politics and the media stoked those emotions until the Republican Party was ablaze with catastrophism. In 2016, while the Democratic establishment kept Bernie Sanders from winning the party’s presidential nomination, Republican elites were unable to “sideline their own radicals.”

 [My emphasis — TW]

...Republican elites haven’t cared all that much about Trump’s betrayal of conservatism because of what he hasn’t betrayed: the party’s corporate and class allegiances. Trump’s populism is all in the rhetoric and the scapegoating, not the substance of government. His tax legislation in 2017 and again in 2025 has redistributed income upward; his government appointees side with corporations over workers. Pro-business policy is what many Republicans mean by free-market policy. They are not bothered if the “invisible hand” is replaced by a “conspicuous fist,” as long as that fist generally comes down on their enemies.... 

...Although they must know he is corrupt, because he hardly makes a secret of it, he is also delivering the result that matters most to them: power for “us” over “them.”


Florida Republicans Find a New Way to Kill Teachers’ and Nurses’ Unions

Harold Meyerson, March 26, 2026 [The American Prospect]

...the legislature sent to Gov. Ron DeSantis a bill that would require the state’s public-sector unions not just to win a recertification vote of all the workers they represent in bargaining (whether those workers are members or not), but to do so in elections where turnout exceeds 50 percent of all those workers. DeSantis is universally expected to sign the bill.

Florida law already decertifies any union that doesn’t receive dues from at least 60 percent of the workers it represents. The Republicans’ goal for both the existing law and the pending new one is to kill those unions, which are the linchpin of virtually every Democratic campaign in the state. That their goal is explicitly partisan is made irrefutably clear by their exempting police and firefighter unions from any of these requirements, since police and firefighter unions in Florida support Republican candidates and causes, while the unions of teachers, librarians, doctors, nurses, and other public employees tend, like their members, to support Democrats….

Indeed, if Florida legislators had to clear the same 50 percent turnout threshold to win election, the number of legislators might dwindle to single digits. Florida doesn’t conform to anyone’s definition of a high- or even medium-turnout state. In the November 2022 midterm elections, only 44 percent of adult Floridians cast ballots, despite the fact that Republican Gov. DeSantis and Sen. Rick Scott were both on that ballot…. 


Trump says 'Iran is dead,' then calls Democrats America’s 'greatest enemy'

[MSN.com]

Trump posted: “Now with the death of Iran, the greatest enemy America has is the Radical Left, Highly Incompetent, Democrat Party! Thank you for your attention to this matter. President DJT”


The South Rises Again

U.S. Votes Against UN Resolution Calling Slavery a Crime Against Humanity 

[Prism News, via Naked Capitalism 03-26-2025]



Sunday, March 22, 2026

Week-end Wrap – Political Economy – March 22, 2026

Week-end Wrap – Political Economy – March 22, 2026

by Tony Wikrent


War

Beijing to Tel-Aviv and Washington: “Israel will cease to exist the moment it uses a nuclear weapon!”

Dimitris Konstantakopoulos, 20/03/2026 [defenddemocracy.press]

In the following paper, we will present the reasons why a nuclear war in the Middle East is now quite possible, the deterrent intervention of China which interrupted a period of dangerous tolerance of Israel by the great powers, and the relationship between what is happening in West Asia and what is happening around Ukraine and the American continent, particularly in Cuba….

These statements, and most likely the information it possesses, provoked an unofficial but very harsh statement from Beijing. This is the first time a major power has interrupted the unprecedented tolerance enjoyed by Israel and its lobbies, a tolerance that has now led humanity to the brink of the abyss.

...Specifically, Victor Gao, vice-president of the Chinese Institute for China and Globalization, when asked what the two nuclear powers, Russia and China, would do if Israel used nuclear weapons, he stated to the American The Cradle, that “the moment Israel uses a nuclear warhead against any country, it will be considered the number one enemy of humanity, it will be the demise of Israel as a state, as a regime, as a country.” He simultaneously warned Prime Minister Netanyahu, the government of Israel, and its armed forces that they will be considered enemies of humanity and responsible for whatever happens, in an indirect but clear reference to the Nuremberg trials that judged the Nazi leaders. Mr. Gao made it clear that what he says does not concern condemnatory statements but an advance notice of actions. He congratulated Mr. Trump on his statement that Israel will not use nuclear weapons and expressed the wish that he acts effectively in this direction.

Mr. Gao adds that any use of nuclear weapons by Israel will lead to an explosive proliferation of nuclear weapons in the Middle East and their use would result in hundreds of millions of deaths and the transformation of the entire region into an uninhabitable zone.

Mr. Gao makes also a reference to the Epstein archives.

The Chinese warning has been phrased in a… Chinese way. Mr. Gao is the head of a small party allied with the Communist Party and holds no government position, so the responsibility for his statement cannot be directly attributed to the Chinese leadership or the CCP. Nevertheless, there is no doubt that it constitutes an unofficial but authoritative expression of the Chinese position on the matter. And to leave us in no doubt on the issue, the Chinese Academy distributed this specific excerpt of Gao’s statements under the characteristic title “What would China do if Israel dropped a nuclear weapon?”….


IDF threatens ‘elimination’ for Russian leaders who ‘wish Israel ill’

Wyatt Reed, Mar 19, 2026 [defenddemocracy.press]

Israel’s veiled threat to Moscow came just after Russian media warned traffic cameras in Moscow were vulnerable to the same exploits that Israel reportedly used to monitor Ayatollah Khamenei’s residence before assassinating him.



Breaking the Nuclear Taboo

Peter Kuznick and Ivana Nikolić Hughes, March 13, 2026 [defenddemocracy.press]

...It would be the ultimate expression of Trump’s unbounded power for him to break the one remaining international taboo – which, despite far too many close calls, has persisted for more than 80 years – detonating a nuclear weapon. There are many indications that, despite the U.S. and Israel’s ability to bomb Iran at will, this war may not be going well for them. But that need not be the pretext for using a nuclear weapon. In Trump’s mind, the more unprovoked, outrageous, and unnecessary something is, the better. Given his fragile ego and rapidly deteriorating mental powers – going off on bizarre rants about poisonous snakes in Peru or the White House drapes – the more unhinged he is, the more he thinks it demonstrates his dominance.

Since the end of the Cold War, many people who pay attention have worried about an accidental or a miscalculated stumble into nuclear war. But with Trump breaking every taboo domestically and internationally, demonstrating that he is above the law and can do as he pleases at every turn, the ultimate taboo waiting to be broken is the nuclear one….

[TW: I wonder if there will be a mass resignation of military officers as Trump stumbles aver closer to using nuclear weapons. But they would lose their pensions. So, probably secret approaches to some (anti)Republican Senators and Congressmen begging for Congress to do something? And if Trump does issue orders to use nuclear weapons, would military officers refuse? Might they even demand Trump be arrested? Trump and Hegseth have pissed all over the Code of Conduct numerous times — Hegseth this past week, by declaring “no quarter” toward Iran, explicitly violated violated the Hague and Geneva Conventions, the U.S. War Crimes Act of 1996, and the Pentagon’s own Law of War Manual. The commander in chief and the top civilian official at the Department of Defense should also be subject to the Code.]


Remember the Titan: The Fragility of Trump’s Golden Egg

Jim Stewartson, Mar 18, 2026 [MindWar]

GRAPH: Trump’s Pathologies

...While I hesitate to bring up the dreaded notion of bipartisanship, the best way to try to prevent the explosive scenario, to try and contain the criticality when it happens, is for the political system to present a combined show of force that draws a red line before it happens.

If he’s not given a sandbox to play in, Trump will take the entire playground.

For example, if the Democrats and 20 GOP Senators could find a way to agree publicly that if Trump engages in a preemptive nuclear strike for any reason without consulting Congress, he will be impeached and removed immediately. Even if he was not considering such a strike, just the statement would make clear to him that he is not, in fact, omnipotent….

The South Pars Pulse: Why the ‘Energy War’ is Actually a Thermodynamic Singularity 

[The Ultimate Avatar of Balance, via Naked Capitalism 03-19-2025]

...By treating the destruction of the world’s largest natural gas reservoir merely as a ‘supply chain disruption’, the geopolitical establishment is exhibiting a fatal, terminal blindness. We are no longer dealing with economics; we are dealing with physics.

The strike on South Pars is not an ‘energy war’. It is an unmodelled Thermodynamic Pulse that threatens to liquidate the biological carrying capacity of the entire Persian Gulf.

The Methane Blind Spot

South Pars/North Dome holds an estimated 1,800 trillion cubic feet of natural gas. When upstream infrastructure of this magnitude is ruptured, the result is not just fire and smoke (particulate matter), which the environmental NGOs are currently monitoring. The far greater threat is uncontained venting of raw methane (CH4).

Methane possesses a Global Warming Potential (GWP) roughly 80 times that of CO2 over a 20-year horizon. However, in the immediate aftermath of a massive, concentrated release, the ‘horizon’ is not 20 years. It is measured in weeks….


Trump says he’s ‘not afraid’ of Vietnam-style ground combat in Iran 

[Daily Mail, via Naked Capitalism 03-18-2025]

...Speaking from the Oval Office alongside Ireland's Taoiseach, Micheal Martin, the President fielded many questions about the Iran war.

'Are you afraid that if you put boots on the ground in Iran, it could be another Vietnam?' one reporter asked.

'No,' Trump shot back, adding, 'I'm not afraid of anything.'


The Geopolitical Consequences of Defeat

[Policy Tensor, via Naked Capitalism 03-16-2025]

...The only way in which the United States can evade outright defeat is by suppressing and degrading Iran’s ability to hold gulf assets at high levels of risk and keep Hormuz closed.1 If the US cannot, through either the direct application of force or indirectly through military coercion, accomplish this strategic objective, the outcome will be indistinguishable from strategic defeat, even if the war ends in a ceasefire, for then Iran would’ve demonstrated for all to see that the United States does not, in fact, have the military means to impose its will on the gulf.

This means that the dynamics of the interdiction campaign are decisive.

If the interdiction campaign rapidly degrades Iran’s ability to attack gulf assets, that would still not guarantee victory, however. For victory requires the further success of countermining operations if the Iranians mine the gulf, as they have reportedly started doing. Countermining operations are not a solved military problem either. At the very least, they will also take many months. What is clear is that, a successful prosecution of the interdiction campaign to conclusion is a necessary condition for effective countermining operations….


Burning the Lifeboats to Keep the Lights On 

[The Ultimate Avatar of Balance, via Naked Capitalism 03-16-2025]

... something important needs saying: the US’s totally aimless campaign of wanton and indiscriminate destruction in Iran is definitionally tantamount to terrorism. An operation requires a stated strategic objective to qualify as a “war” or military action of some sort, legitimate or not. Trump’s clumsy bomb-fest—during which he proudly boasts he can “bomb” certain Iranian targets “for fun”—does not fit that description, and as such definitionally qualifies as a campaign of terrorism against a sovereign state and its civilian population. Let’s not even mention what the US is currently doing to Cuba, with the blockade having collapsed the nation’s entire electric grid as of yesterday.

The closest the US has come to stated goals in this debacle in fact align with definitional terrorism: the US wants to create economic hardship and infrastructural pain in the country which would spur the populace into overthrowing “the regime”….


Things Go Haywire as Israeli Escalation Throws Iran Conflict into Dangerous New Phase 

[Simplicius, via Naked Capitalism 03-19-2025]

Things really hit the fan earlier today after Iran’s largest natural gas field, the South Pars, was struck by Israel. This field reportedly accounts for 75% of Iran’s natural gas production and 80-85% of its electric grid….


White House reasons from war copied directly from Israeli intelligence

[X-Twitter, via Naked Capitalism 03-20-2025]

This is wild. The @WhiteHouse plagiarized its reason for launching a war on Iran from
@FDD, a cutout of Israeli intelligence.  Side-by-side screenshots in the thread:


Footage Confirms U.S. F-35 Taken Out By Iranian Islamic Revolutionary Guard Air Defences

[Military Watch Magazine Editorial Staff, March-19th-2026]

...The F-35 was conceptualised after the end of the Cold War for an era of warfare in which adversaries would no longer field peer level fighter aircraft, and would instead rely heavily on ground-based air defences as Iran has. Iranian forces have made extensive use of infrared-guided systems to engage targets without emitting radar signatures or alerting targets’ radar warning receivers, with such systems being better optimised to engaging targets like the F-35. Although the F-35 has a reduced heat signature, the reductions made to its radar signature are significantly greater, leaving it relatively more vulnerable to targeting by infrared guided systems….


Iran Fires Two Intermediate-Range Ballistic Missiles at Diego Garcia Base

David Cenciotti, March 21, 2026 [theaviationist.com]

Iran has launched two missiles at the joint UK-U.S. base at Diego Garcia in the Indian Ocean, about 4,000 km away. Such a distance is well within the range separating Tehran from many European capitals. According to U.S. officials who talked to the Wall Street Journal, one ballistic missile reportedly failed because of a malfunction and did not reach the base, whilst the other was engaged by a U.S. destroyer utilizing an SM-3 interceptor.

​​​​​​​The attempted strike on Diego Garcia would mark a major escalation, highlighting Tehran’s apparent ability to target the strategic U.S.-UK base deep in the Indian Ocean and potentially put parts of Europe within reach.

Neither of the missiles hit the base, still, regardless of the outcome of the attack, the attempted strike with the IRBM, marks a potential turning point in the conflict. The choice of target, is a telling signal. The United Kingdom has just decided to grant the United States the use of its bases for the strikes, and British assets, as Iranian Foreign Minister Abbas Araghchi announced, have therefore become legitimate targets….

Until now, it had been believed that the intermediate-range missiles available to Tehran were capable of striking targets at a distance of up to 2,000 km. The decision to launch against the Diego Garcia base points to significantly greater capabilities in the weapons still available to the Islamic Republic.

The IRBMs, probably Khorramshahr-4s or another IRBM type, make not only Diego Garcia and other bases in the Middle East, but also many European capitals, potential targets within Tehran’s theoretical reach….

Though officially a British territory and British base, Diego Garcia is predominantly used by U.S. forces. Alongside communications and intelligence gathering facilities, both of which were major justifications for establishing this permanent military outpost in the Indian Ocean, Diego Garcia’s airfield is one of only three locations outside of the continental U.S. equipped with dedicated hangar facilities for the B-2 Spirit, and it can accommodate a vast number of strategic bombers, air to air refuelers, and intelligence gathering aircraft….


Netanyahu Concedes on “Total Victory” — Redefines ‘Victory’, Changes Goals of the War 

[Conflicts Forum, via Naked Capitalism 03-19-2025]


Iranian Strike Destroys the Emirates’ Most Valuable Military Aircraft at Largest Airbase

[militarywatchmagazine.com, March-16th-2026]

Multiple sources have reported that strikes launched by the Iranian Islamic Revolutionary Guard Corps have destroyed a Untied Arab Emirates Air Force Saab GlobalEye airborne early warning and control (AEW&C) system, which is one of the most high value military aircraft operated the the Middle East. The aircraft was targeted at Al Dhafra Air Base in Abu Dhabi as part of a large scale drone attack on the facility….

Although UAE Airspace is protected by a dense multi-layered air defence network including U.S.-supplied THAAD and Patriot anti-ballistic missile systems, South Korean Cheongung-II air defence systems, and supporting air defence artillery, the effectiveness of this network has been highly limited. Iranian forces’ ability to strike Al Dhafra, which is one of the most heavily defended facilities in the country, has provided one of multiple indications that air defence capabilities are rapidly diminishing….


Reagan's (and now Trump's) Iran: The Treason That Changed America’s Energy Future

thomhartmann, March 17, 2026 [Daily Kos]

...Tragically for America and the world, it all came crashing down when a faction of Iran’s most extreme rightwing mullahs helped the fossil fuel industry’s candidate, Ronald Reagan, replaced Carter in the 1980 election. Reagan then killed the solar bank and the solar bond programs, and removed Carter’s 32 solar panels from the roof of the White House.

As a result, we’ve actually increased our consumption of fossil fuels so much that the fossil fuel industry’s billionaire investors have made an estimated $52 trillion in profits in the years since Reagan’s presidency. And global warming is now driving climate wilding that’s killing Americans and threatening all life on Earth….

During the Carter/Reagan election battle of 1980, then-President Carter had reached a deal with newly-elected Iranian President Abdolhassan Bani-Sadr to release the fifty-two hostages held by students at the American Embassy in Tehran.

President Bani-Sadr was a moderate and, as he explained in an editorial for The Christian Science Monitor, successfully ran for President that summer of 1980 on the popular position of releasing the hostages….

Carter was confident that with Bani-Sadr’s help, he could end the embarrassing hostage crisis that had been a thorn in his political side ever since it began in November of 1979 and support a moderate government emerging in Iran.

But behind Carter’s back, the Reagan campaign worked out a deal with the leader of Iran’s most hard-core rightwing radical faction — Supreme Leader Ayatollah Khomeini — to keep the hostages in captivity until after the 1980 presidential election. Khomeini needed spare parts for American weapons systems the Shah had purchased for Iran, and Reagan was happy to promise them….


Iran made ‘unexpectedly substantial’ offer during Geneva talks, US envoys ‘dragged’ Trump into war: Report

[defenddemocracy.press, March 17, 2026]

UK National Security Advisor Jonathan Powell attended the final US–Iran talks in Geneva last month and concluded that a deal was in reach, The Guardian reported on 17 March, citing sources as saying that Washington’s leading envoys were acting as “Israeli assets” who “dragged” the US into war.

According to the report, Powell thought what Iran was proposing was “surprising.”

“The UK team were surprised by what the Iranians put on the table. It was not a complete deal, but it was progress and was unlikely to be the Iranians’ final offer. The British team expected the next round of negotiations to go ahead on the basis of the progress in Geneva,” the sources explained…..


How Israel Convinced Trump to Wage War Against Iran (w/ Max Blumenthal)

Chris Hedges, Mar 19, 2026

Max Blumenthal reports that a psychological warfare campaign orchestrated by Zionist interests targeted Trump to drive him into war with Iran….

Blumenthal says the Israelis and their allies convinced President Trump that Iran was trying to assassinate him – a fear first stoked when Trump began a vicious cycle of violence with the regime after he assassinated Iranian General Qasem Soleimani during his first term.


Here’s What Trump’s Iran War Money Could Fund Instead

Minnah Arshad, Mar 15, 2026 [Zeteo]

The price tag from Trump’s war on Iran is enough to reconstruct Gaza, provide healthcare to millions in the US, or end homelessness here at home for years.



For the Same Cost as Another Mideast War, We Could Make Oil Irrelevant

Paul Greenberg, March 19, 2026 [The New Republic]

The price tag for building enough renewables to power the grid is eerily close to America’s typical price tag for the kind of war it would take to fully secure the Strait of Hormuz.

Two trillion dollars. That’s what it can cost to overthrow a regime and secure an oil route in the Middle East….

But let’s consider what else that money could buy. The list is long. For $2 trillion, we could build 10 to 20 million new affordable housing units, solving homelessness and the housing shortage while creating millions of construction jobs. We could make college tuition free for over a decade for all Americans. And even if we wanted to just gain military capacity, which the president and his party seem to care a great deal about, $2 trillion would allow us to double all defense spending and shore up our depleted missile and missile defense systems and be better prepared for any future conflict.

All notable things. And yet none as notable as something that would make the power of future ayatollahs trivial: $2 trillion would be enough to build enough solar and wind capacity throughout the United States to make fossil fuels and their price swings irrelevant….


Joe Kent, a Top U.S. Counterterrorism Official, Resigns Over the Iran War 

[New York Times, via Naked Capitalism 03-18-2025]


Inside the White House plan to sell the Iran war online 

[Politico, via Naked Capitalism 03-19-2025]


Warriors’ Casino: The People Making A Killing Gambling On War — Insider trading on the end of the world?

Ryan Lovelace, Mar 17, 2026 [Racket News]


End Times Hunger Games: The Mythological Battle Raging Below the War on Iran — How five distinct visions of the apocalypse conspire to create endless war.

Jim Stewartson, Mar 20, 2026 [MindWar]


Donald Trump Has Lit a Global Match

Jordan Michael Smith/March 6, 2026 [The New Republic]

In the Trumpian worldview, weaker countries have little choice but to submit to U.S. demands. The New York Times’ Ezra Klein spoke to Trump’s advisers about the president’s theory of international politics at the outset of his second term and reported, “Every one said some version of the same thing: America has leverage it does not use. Under Trump, it is going to start using it.” In the president’s line of thinking, U.S. bullying of less powerful countries could never backfire because America is so powerful that, while other nations might complain about their shabby treatment, they would have little recourse but to bend. As Fox News host Jesse Watters put it in defending Trump’s threats to annex Greenland, “We don’t need friends…. America is not handcuffed by history.”


​​​​​​​Insufferable Bully Demands Friends

Asawin Suebsaeng, Mar 16, 2026 [Zeteo]

[TW: What a great headline!]


Trump not violating any law

'He who saves his Country does not violate any Law'

Trump Stuns By Saying ‘I Don’t Know’ When Asked Directly NBC’s Kristen Welker ‘Don’t You Need to Uphold the Constitution?’

Joe DePaolo, May 4th, 2025 [mediaite.com]


Monopoly Round-Up: Bombshell Document Details Watergate-Style Corruption at the Antitrust Division 

Matt Stoller, March 16, 2026 [BIG]

...this settlement was widely seen as a corporate pardon by Trump of a hated monopoly.

And the process amplified that impression. The judge called the circumstances “mind boggling.” You are not supposed to surprise judges, you are supposed to tell them you are in negotiations. But Live Nation, whose strategy is led by a boomer antitrust lawyer named Dan Wall, did not do that. In fact, the DOJ’s own lead litigating attorney, David Dahlquist, didn’t even know about the settlement, and neither did the state attorneys general who were co-plaintiffs. I suppose the goal was to shock the state co-plaintiffs into accepting the deal, since they were unprepared to take over the trial.

But instead of working, the gambit backfired. The judge said the state attorneys general must continue the trial on Monday, without the DOJ, or settle. And 33 of them chose to move forward. These state officials were mostly Democratic, but some - like Texas’s Ken Paxton - are conservative enforcers. And a few, such as Colorado Attorney General Phil Weiser, are experienced at overseeing antitrust cases. Moreover, they hired a rock star antitrust lawyer, Jeff Kessler, to take over the case. Kessler has a long and illustrious career, his last win was beating NASCAR on behalf of Michael Jordan. This guy is not someone Live Nation wanted to face.

The backstory of this whole deal is, unsurprisingly, corruption. Live Nation has on retainer influential Republican Kellyanne Conway, as well as Mike Davis, a MAGA lobbyist close to Donald Trump and Pam Bondi. Months ago, Davis was able to force the ouster of the previous Antitrust chief, Gail Slater. Davis has a book of business, including forcing through the merger of two of the biggest real estate brokerages in America without the DOJ asking any real questions.

Now the Division is led by an inexperienced MAGA acolyte named Omeed Assefi, who promptly did what Live Nation’s CEO, Michael Rapino wanted. (And that’s despite Assefi’s work on a related case that had evidence of “the leading national ticketing provider” acting as an accomplice in criminal activity. See Exhibit B.)

So how might this trial help destroy the Trump Presidency? It is linked to the first real investigation of the administration by anyone with any power, which is the Democratic state attorneys general themselves. These people are co-plaintiffs in a bunch of different cases with the Trump Justice Department, and the Live Nation settlement isn’t the first time they’ve witnesses such bad acts….


ICE concentration camps are intentionally designed to obstruct due process & kill. 

[Borderland Talk with Jenn Budd, via Naked Capitalism 03-16-2025]


Kash Patel Embraces Big Brother — Deep State critic 'bends the knee.'

Ryan Lovelace, Mar 19, 2026 Racket News

The MAGA takeover of tools used to spy on President Donald Trump’s campaign has not led to the dismantling of America’s surveillance state. Instead the Swamp’s new leaders are working to keep certain levers of its spying apparatus intact and hidden.

As Trump’s intelligence chiefs briefed Congress this week, new documentation revealed they have presided over an increased number of searches involving Americans’ data compared to former President Joe Biden’s team.

The FBI told Congress in a letter last week the number of its searches about Americans in a foreign intelligence database shot up 34 percent in 2025 as compared to the final year of the Biden administration. The shock statistic, unearthed by The Record, has gotten little attention in Washington….


AI Mistake Throws Innocent Grandmother in Jail for Nearly Six Months 

[Futurism, via Naked Capitalism 03-16-2025]


Former DOGE employees give an inside look at the Elon Musk-led agency 

[Mashable, via Naked Capitalism 03-15-2025]


Trump is Illegally Undermining Oversight of His Social Security Sabotage

Social Security Works, March, 19 2026 [Via Common Dreams]



Strategic Political Economy

The World According to Gaza

Chris Hedges, March 15, 2026

Gaza is only the start. The new world order is one where the weak are obliterated by the strong, the rule of law does not exist, genocide is an instrument of control and barbarism is triumphant.


Iran and the US economy 

Michael Roberts [via Naked Capitalism 03-20-2025]

GRAPH: Risk exposure to Middle East energy, by country

Indeed, one part of the US economy is benefiting, namely US oil companies.  They stand to receive a windfall of more than $60bn this year if crude prices maintain the levels they have hit since the start of the Iran war. Modelling by investment bank Jefferies estimates American producers will generate an extra $5bn cash flow this month alone following a roughly 47 per cent rise in oil prices since the conflict began.  The capitulation of Venezuela to US control is also enabling US energy companies to raise production and increase sharply revenues from the now highly priced Venezuelan oil exports….

GRAPH: Wealth of the global top 0.0001%, as a percent of world GDP 1985-2005


Global power shift

No Magnets, No Drones: How China Controls the Future of Warfare

Josh Owens, Mar 11, 2026 [oilprice.com]

...The drone has changed the face of war. Nothing has disrupted the battlefield so drastically since the introduction of the machine gun in World War I. Military experts describe the shift as transformative…a fundamental rewiring of how conflicts are fought, won, and lost.

Ukraine produced 1.2 million drones in 2024 alone. The scale is staggering, as Ukraine is now deploying roughly 9,000 drones per day. By 2025, drones were engaging over 80% of all frontline targets and accounting for an estimated 70% of Russian equipment losses. And every major military in the world is racing to match that capability. What this could mean is that the country that controls drone technology controls the next generation of warfare.

But all of those drones share one vulnerability: virtually every magnet in every one of those 1.2 million Ukrainian drones used in 2024 was manufactured in China. And the same is true for Western defense systems across the board


Not just Navy ships anymore: China now builds next generation fighter jets faster than anyone 

Kevin Walmsley


China’s Clean Energy Push Has Made It Less Vulnerable to Energy Shocks, Including the Iran War 

[Inside Climate News, via Naked Capitalism 03-15-2025]


Where in the world is clean energy technology made?

Dan McCarthy, 20 March 2026 [Canary Media, via Clean Power Roundup]

China continues to make the vast majority of the world’s solar, batteries, wind, and EV technology, both for its own needs and for export overseas.




Oligarchy

The Rich and Their Right-Wing Allies Have Poisoned America; We Hold the Antidote

Thom Hartmann, Mar 22, 2026 [Common Dreams]

...Back in 1971, Lewis Powell thought he saw a communist threat in Ralph Nader. Literally: he named him in his infamous manifesto, the Powell Memo, arguing that calls to regulate auto safety with seat belts and soft dash boards (Nader’s book Unsafe At Any Speed) were simply the first steps toward a socialist takeover of America….

The following year Richard Nixon put Powell on the Supreme Court, where he personally authored the 1978 Boston v Bellotti decision that claimed billionaire and corporate money in politics wasn’t bribery or corruption (as it had been under the law since the founding of the republic) but merely an exercise of First Amendment-protected free speech….

Hustlers, with help from the GOP, poisoned Christianity next.

Reagan’s campaign hired born-again alcoholic George W. Bush to work out a deal to integrate the evangelical movement—which prior to 1980 was non-political and even supported abortion rights—into the GOP. Jerry Falwell became the face of this church-and-state merger, spewing his own brand of poison.

The week after 9/11, Falwell and Pat Robertson solemnly agreed on TV that the attack on the Twin Towers was merely their god’s punishment for America tolerating “sin.” ….

And the first third of the 20th century was haunted by the rise of the Klan and the Republican Great Depression, until progressive President Franklin Roosevelt declared political war on them, saying, “[T]hey hate me, and I welcome their hatred!”

As FDR and his Vice President Henry Wallace showed us, the most effective way to reverse the effects of fascist poison in the bloodstream of our body politic is for progressives to take power and put both the nation and the middle class back together.

FDR, Truman, and Dwight D. Eisenhower—two Democrats and a Republican—renewed the faith of the American people in the government our Founders created and many died to give us.

They taught us that civic engagement—voting and participating in our political system—is the best antidote to fascist poison.


Jim Stewartson, Mar 21, 2026 [MindWar]
There are several reports that the former Department of Defense has established Peter Thiel’s surveillance software company Palantir as the “program of record” for all branches of military service. The man who announced it is the Deputy Secretary of Defense, Steve Feinberg, an investment banker worth $5 billion. Feinberg’s company Cerberus has a 5% stake in Bank Leumi, one of Israel’s largest financial institutions. Feinberg is also reportedly close to Peter Thiel.

Palantir was heavily involved in the early stages of the Iran attack, “assisting in identifying and engaging 1,000 targets within the first few hours.” Presumably those targets included the girls’ school in Minab where 168 children were massacred by an American Tomahawk missile based on bad intelligence. Nevertheless, despite the slaughter, Peter Thiel’s long-held dream of being able to kill people at scale has been permanently granted.

Thiel’s Naziphilia has been clear for a very long time. And there is a reason for that. Thiel was raised in the most Nazi town on Earth in the 1970s: Swakopmund, in apartheid-controlled SW Africa (now Namibia). Thiel’s apartheid Christian school—and the town itself—used “Heil Hitler!” as a normal greeting, just as they did in Nazi Germany. Thiel’s father Klaus moved his family to Swakopmund when Peter was a baby to develop a secret uranium mine outside of town—which fed apartheid South Africa’s illegal nuclear weapons program.

Imagine what it was like to be a young gay boy growing up in a Nazi-soaked apartheid town in southern Africa, and being brought back to the U.S. at ten years old. Peter Thiel has reportedly described the early part of his childhood as being formative in his thinking—about who should have power and who should not.

This supremacist belief that the world should bend itself to your will because of your genetics alone was a feature of apartheid-era education—just as it was in Nazi Germany. This background is why both Peter Thiel and Elon Musk are among the most racist people to ever gain fame or power. The apartheid system was designed to produce people like Musk and Thiel—people who believe they are entitled to make the world safe for those who are privileged and white, and to enslave or kill everyone else….







Mapping Google’s Unmappable City 

[404 Media, via Naked Capitalism 03-20-2025]

...North Oaks has managed to largely stay unmapped on Street View because of the way the city handles its streets. In almost every city and town in the United States, property owners give an easement to their local government for the roads in front of their homes (or don’t have any claim to the roads at all). In North Oaks, homeowners’ property extends into the middle of the street, meaning there is literally no “public” property in the city, and the roads are maintained by the North Oaks Homeowners’ Association (NOHOA): “the City owns no roads, land, or buildings. The 50-60 miles of roads in the city are owned by the NOHOA members whose property extends to the center of the road subject to easements in favor of NOHOA,” the homeowners association’s website, which has very little information on it and notes that it is “unable to share most private documents with the public.” The roads entering North Oaks have no trespassing signs posted and automated license plate readers….


Felonomics

I Predicted the 2008 Financial Crisis. What Is Coming May Be Worse.

Richard Bookstaber, March 16, 2026 [New York Times]

...We have returned to a period of risk, one rife with the sort of pressures that have led to major financial crises. This time, the risks are spread across industries, markets and nations: artificial intelligence, the roughly $2 trillion private credit industry, stock markets, Taiwan and now Iran. These risks are analyzed one by one, news article by news article. We understand them in isolation. Yet they are different entry points into the same underlying structure — a complex and tightly coupled system where the specific source of stress matters less than how quickly that stress can spread.
Signs of systemic strain are emerging.

Let’s start with private credit, which is already showing worrisome signs. Over the past two decades, the retreat of traditional banks after the financial crisis has left many companies increasingly reliant on borrowing from institutional investors. But these loans rarely exchange hands, leaving investors uncertain about what these instruments are really worth or how easily they could be sold if conditions deteriorate….


January’s EV Registrations Fell 41% As The Full Weight Of Trump’s Policy Changes Hit Home

[Jalopnik, via The Big Picture, March 16, 2026]

Electric vehicle registrations fell off a cliff to begin the year, history says the U.S. and Israel’s war with Iran will be disastrous for our auto industry, the Honda Prologue will soon join its newly canceled electric siblings in heaven and the Trump administration is suing California over its zero-emission vehicle and greenhouse gas rules. So much for states’ rights. Policy matters. Strip away the EV incentives and watch adoption collapse in real time. A masterclass in how government can kill a market transition.


Trump’s border wall spending creates a billionaire family 

[Business Times, via Naked Capitalism 03-20-2025]

...Since Trump signed the One Big Beautiful Bill into law on Jul 4, Fisher Sand & Gravel has won more than US$8 billion in contracts from the Department of Homeland Security (DHS) to design and construct segments of Trump’s long-touted wall on the southern border. The awards account for nearly one-fifth of the money DHS has agreed to spend over that timeframe, during which its three largest contracts – ranging from US$1.5 billion to US$1.7 billion each – all went to Fisher….

During Trump’s first term, Fisher became a regular pitch man on right-wing networks, insisting his wall would be built faster, sturdier and cheaper than the competition’s. He built a privately funded three-mile barrier in Texas. And later, he hired immigration bulldog-turned-border czar Tom Homan to help with lobbying….



The carnage of mainstream neoliberal economics

Exposed: How Debt Became the Tool the Wealthy Use to Drain Workers’ Income 

[Egberto, via Naked Capitalism 03-18-2025]

The economic system is not failing by accident; it was engineered to extract wealth upward while disguising exploitation as normal market behavior. The structure of supply, demand, wages, and credit reveals a deliberate shift—one that transformed earned income into debt and public resources into private profit.

  • The system prioritizes profit maximization over human well-being, using pricing models that extract the highest possible payment rather than reflect real value.

  • Wages stagnated while productivity increased, meaning workers created more wealth but received none of the gains.

  • Corporations converted withheld wages into consumer credit, forcing people to borrow what they should have earned.

  • Government policy mirrored this scheme by cutting taxes on the wealthy and replacing revenue with public debt owed back to them.

  • Media failures and ideological conditioning normalized this extraction, labeling dissent as radical instead of rational.

This is not merely inequality—it is systemic exploitation. A progressive response demands restructuring the economy to prioritize wages, public investment, and democratic control over capital. Anything less leaves the machinery of extraction intact.


Nasdaq’s Shame: How to rig an index to appease a billionaire. A look at how the exchange has lost its way.

[Keubiko’s Musings, via The Big Picture, March 16, 2026]


They’re not capitalists — they’re predatory criminals

Wyden Sounds Alarm as DAG Blanche Intervenes to Conceal Details of Mystery Epstein Investigation 

[United States Senate Committee on Finance, via Naked Capitalism 03-19-2025]


Restoring balance to the economy

BREAKING FREE — Pathways to a fair technological future (pdf)

[The Norwegian Consumer Council, via Naked Capitalism 03-18-2025] 

...Enshittification is the result of a dysfunctional market, where  companies have been able to get away with mistreating and exploiting consumers. Consumers are trapped in digital services, potential competitors are shut out, and policymakers and regulators are unable or reluctant to clamp down on anticompetitive, illegal and otherwise abusive behavior. In practice, a handful of tech companies have become so powerful that they do not have reason to fear any consequences.

Although enshittification has spread to everything from social media platforms to connected fridges, it is not a natural law. Much of what is needed to prevent enshittification is already there: the laws need enforcing though. The path we are on can be challenged and reversed – we can have a better digital world. This requires rebalancing the power between consumers, big tech companies and alternative service providers. It means giving consumers more and better choice over what happens when they are using these platforms.

The fight to disenshittify the internet is also a fight for innovation:  Big Tech is able to enshittify their services after they have become dominant and restricted competition. By pruning back the excesses of big tech, alternative services can get the nourishment they need to grow and flourish. However, this requires active policy choices and vigorous enforcement of existing laws


Will Evicting Blackstone Help Young People Buy Homes? Mega investors are a mega problem. But not the only one.

Eric Salzman and Greg Collard, Mar 16, 2026 [Racket News]


Creating new economic potential - science and technology

Vertical farming of strawberries

[X, via Naked Capitalism 03-16-2025] Strawberrys vertical

America's first large-scale indoor vertical farm for strawberries in Richmond, Virginia. Using 30-foot towers, it produces over 4 million pounds of strawberries annually on less than an acre of land. This innovative method reduces water use by 90%, land use by 97%, and eliminates the need for pesticides.



Disrupting mainstream economics

Economic questions: the Thorstein Veblen question

Richard Murphy, March 16, 2026 [Funding the Future]

...Thorstein Veblen belongs in this series because he exposed a central absurdity of modern capitalism: that wealth and consumption are often driven not by need, usefulness, or well-being, but by status, rivalry, and display. His work reveals how economic systems can produce vast amounts of waste while presenting it as success….

Hence the Thorstein Veblen Question: If much of modern consumption exists not to meet human needs but to signal status and superiority, why do we treat rising consumption as evidence of prosperity rather than as evidence of social rivalry and waste?


Economic questioins: the David Ricardo question

Richard Murphy, March 17, 2026 [Funding the Future]

Ricardo's most important contribution was to analyse how national income is divided between landowners, workers and capitalists. His theory of rent showed that landowners could gain income not through productive activity but simply through ownership of scarce resources. His argument was that as population and economic activity expand, land becomes more valuable, and so landlords capture increasing rents without in any way contributing to production.

Ricardo recognised the consequences immediately. When rents rise, they absorb a growing share of national income. That income must come from somewhere, and that was either from wages or from profits.

Hence the David Ricardo Question: If rising rents inevitably squeeze both wages and productive profits, why do modern economies allow rent extraction to dominate economic life?


Glossary entry: Rent

Richard Murphy, March 16, 2026 [Funding the Future]


Rent is income derived from the ownership or control of a scarce asset rather than from productive effort or risk-taking. It arises when someone can charge others for access to land, property, natural resources, legal rights, financial assets, or market power.

In economicsrent does not only refer to payments for housing or land. It describes a broader category of income that results from ownership and privilege rather than from the creation of new value.

Its key characteristics include the following.

First, rent arises from control over scarcity….

Second, rent does not require productive activity….

Third, rent extraction redistributes rather than creates value….

Fourth, rent encourages asset accumulation and inequality….

Fifth, rent is often protected by law and institutions….


[TW: A basic principle of political economy for civic republicanism is that economics should not be focused on allocating scarce resources (as proclaimed in basic economics textbooks) but on encouraging and supporting the development of new science and technology that will overcome or bypass resource constraints. Ie, economics should be devoted to increasing humanity’s ability to understand and manipulate nature and the forces of nature for the General Welfare. The phrase “for the General Welfare” must be included to make clear that pillaging and polluting the natural environment is not permissible: every human has a right to clean air, clean water, and a climate that is guarded from becoming catastrophic and life threatening. Thus, rent as here defined is axiomatically forbidden in the political economy of a republic.]


Climate and environmental crises

The Latest Front in the Battle Over Climate Lawsuits: Bills Wiping Out Liability 

[Inside Climate News, via Naked Capitalism 03-15-2025]

Republican lawmakers in multiple states and Congress are advancing proposals to shield polluters from climate accountability and prevent any type of liability for climate change harms—even as these harms and their associated costs continue to mount.

It’s the latest in a counter-offensive that has unfolded on multiple fronts, from the halls of Congress and the White House to courts and state attorneys general offices across the country.

Dozens of local communities, states and individuals are suing major oil and gas companies and their trade associations over rising climate costs and for allegedly lying to consumers about climate change risks and solutions. At the same time, some states are enacting or considering laws modeled after the federal Superfund program that would impose retroactive liability on large fossil fuel producers and levy a one-time charge on them to help fund climate adaptation and resiliency measures….


Big Oil Knew It Was Wrecking Louisiana’s Coast, Records Show 

[DeSmog, via Naked Capitalism 03-18-2025]


The Colorado River’s Problems Are About to Get Deeper 

[Bloomberg, via Naked Capitalism 03-18-2025]

  • The Colorado River has been losing water for decades due to the planet heating and overuse, and a recent warm winter has led to a lack of snow in the mountains where the river begins.
  • A heat wave will quickly melt what little snow there is, and the states along the river are struggling to agree on how to divvy up the dwindling resource, with the federal government potentially stepping in.
  • Lake Powell, the main reservoir near the border between the upper and lower basins, will get just 52% of its usual inflow from snowmelt this year, and is at risk of reaching "dead pool" or "minimum power pool" due to low water levels….
For vast swaths of the American West, the past winter was the hottest in at least 131 years of records, according to the National Oceanic and Atmospheric Administration. Nine states, including the four in the upper Colorado River basin, experienced their hottest winters ever. 

All that heat contributed to one of the worst snow droughts on record. Snowpack in those upper-basin states of Colorado, New Mexico, Utah and Wyoming was recently at just 59% of its 30-year average and the lowest in at least a decade, according to US Department of Agriculture data compiled by Water-Data.com.


Conservative / Libertarian / (anti)Republican Drive to Civil War

She Was in Labor at a Florida Hospital. Then She Was in Zoom Court for Refusing a C-Section.

Amy Yurkanin, March 20, 2026 [propublica.org]

A virtual court hearing from a pregnant mother’s hospital bed shows what forced medical treatment can look like.


The (anti)Federalist Society assault on the Constitution

Indexing Capital Gains to Inflation by Executive Order Is Still Illegal and Still a Bad Idea. 

Bruce Bartlett [Bartlett’s Notations, via The Big Picture, March 16, 2026]

On February 19, the usual right-wing organizations that are always pushing for more tax cuts no matter what the circumstances sent a letter to Trump telling him to adjust capital gains for inflation by executive fiat. This is a campaign that they have waged since 1992 without success. The problem is that the president simply does not have the power, a fact admitted by Treasury Secretary Steve Mnuchin in Trump’s first term, who said Congress would have to act first. This is something that could have easily been done when the so-called “one, big, beautiful bill” was enacted last year. However, given Trump’s propensity to take actions without legal authority, such as toppling foreign governments at will, and the Supreme Court’s frequent willingness to rubber stamp his actions, the possibility that he might do something on capital gains indexing cannot be ruled out. For this reason, I have compiled a bibliography of research on the issue of indexing capital gains. The legal commentary is overwhelmingly negative on the president’s authority to do so without congressional action. The economic literature says that indexing capital gains would be extremely complex.


Civic republicanism

[TW: I consider Mike Brock, Dougald Lamont, and Jim Stewartson examples of how USA’s degeneration into oligarchy has catapulted many people into Jefferson’s “return to first principles” and an examination of what a republic is and should be, and where we are now.]


The Philosopher Kings

Mike Brock, Mar 15, 2026 [Notes from the Circus]

...Marc Andreessen is a particularly vulgar specimen of this ilk. His effective accelerationist philosophy — e/acc, in the argot of the tech-right — presents itself as a grand vision for human flourishing. Technology will solve everything. The builders must be freed from the constraints of the timid, the regulated, the democratic. Growth is the only morality that scales….

If effective acceleration were genuinely about abundance for everyone — if the philosopher-king pose were sincere — the political form it produced would be universal. It would strengthen democratic institutions. It would distribute the gains broadly. It would build the public infrastructure that compound growth requires. It would accept the friction of accountability as the price of legitimacy.

Instead it produces exit. Fiefdoms. Opt-in jurisdictions for people with enough capital to opt in. The promise of infinite material comfort turns out, on inspection, to be infinite material comfort for the people who already have material comfort….

Andreessen was, once, part of something genuinely democratizing. The browser changed the world. The early internet was, for a moment, a real disruption of the existing order of things — a moment when the tools of production and distribution became available to people who had never had them, when the hierarchy of attention could be circumvented, when a person with nothing but a connection and something to say could find an audience.

That moment was real. The democratic energy of it was real.

What is being sold now is a betrayal of that moment, dressed in its language. The vocabulary of disruption remains. The posture of the rebel remains. What has changed is the direction of the disruption — which is now aimed, with increasing precision, at the democratic institutions that might impose accountability on the people who captured the gains from the first wave.

Effective accelerationism is the ideology you construct when you have accumulated enough power from a democratizing moment that you need a philosophy to justify keeping it. When the regulatory state starts to look less like an obstacle to progress and more like an obstacle to you, specifically….

The philosopher king was supposed to return to the cave because he understood that power without wisdom is catastrophe. Because he had seen enough of the Good to know that the city could not be left to people who hadn’t….

What we have instead are men who have mistaken their term sheets for enlightenment. Who have looked at their net worth and seen, reflected there, evidence of superior cognition. Who have concluded, from the fact of their wealth, that the rest of us should be grateful for whatever they decide to build next, and in whatever jurisdiction they decide to build it, and under whatever terms they decide to offer.

This is not philosophy. It is rent-seeking dressed in a toga….

Never follow people who are afraid of their own natural deaths. For to place the subject of ones own mortality as the primary object of concern within ones own moral outlook, is the true sign of selfishness. You do not want to be in foxholes with such men.


The Philosopher Kings, Part II: A necessary correction of the moral record.

Mike Brock, Mar 16, 2026 [Notes from the Circus]

...A clip has been circulating this week of Andreessen in conversation with David Senra, a podcaster who studies the habits of “great men.” The thesis on offer was this: great men of history had little to no introspection. The personality that builds empires is not the same personality that sits around quietly questioning itself.

I watched it. And then I wrote this, on X:

Shorter @pmarca: “I really don’t give a fuck about anything other than pursuing the objects of my desire. I am unbothered by how these pursuits may affect others. And I believe this makes me great.”

I want to explain, with some care, why this is not a rhetorical attack. It is a philosophical diagnosis. And the philosophy in question is not obscure….

...He is sitting there, considering himself a great man of history, by proudly declaring that he cares nothing for others and relentlessly pursues the objects of his desire.

Aristotle had a word for this. The akolastos: the intemperate man who has so thoroughly habituated himself to appetite that he no longer even experiences the pull of the good. Who doesn’t struggle against his worst impulses because he has extinguished the part of himself that would recognize them as such. The akolastos is beyond correction not because he cannot be shown the good, but because he has trained himself not to see it….

I am aware that some will say I am being uncharitable. That Andreessen is simply describing a psychological type, not endorsing moral vacuity. That he is making an empirical observation about the personalities that build things.

Let me address this by noting what is on the a16z reading list.

Carl Schmitt.

For those unfamiliar: Carl Schmitt was the Nazi jurist who provided the intellectual framework for the suspension of democratic norms in the service of sovereign power….

Marc Andreessen is enschittification incarnate. He is a living synonym for what the word means — the process by which a platform, or a person, or an idea extracts maximum value while delivering minimum accountability, until the underlying thing collapses under the weight of its own extraction.

Right down to his basic thought processes….


Marc Andreesen Claiming He Avoids Introspection Because It Was Invented by Freud is Just the Tip of an Iceberg of Stupidity

Dougald Lamont, Mar 19, 2026

...Civilization is not based on technology. It’s based on the law, and always has been. I am all for technological progress, but I am not going to pretend that technology is an untrammelled good. Technology has no inherent virtue, or inherent evil. Whatever is powerful is powerful for good or for evil, and there is no denying that technology has been developed and used to kill millions and millions of people….

In this section, Andreesen waxes eloquent on the virtues of the market, and again returns to the “we believe” - because he can’t truthfully say “we know”:

“We believe free markets are the most effective way to organize a technological economy.”

Now this is one of the most remarkable statements, because in the US and around the world, every single country that became wealthy through innovation and technology, did so by being protectionist, not by free markets. Countries only turn to free trade once they’re rich.

Not some rich countries - all of them. To develop a textiles industry hundreds of years ago, the UK hired weavers from Belgium (people with name Fleming, for example) to come to the UK. They blocked imports from India. The US had tariffs of over 30% for nearly a century, into the 1930s.

The US technological and global manufacturing supremacy during and after the Second World War was funded by government. The US created an entire aerospace manufacturing industry and doubled the entire tool stock of the country by 100%, entirely at government expense.

Add to that investments in R & D and new technologies originally for military use- the jet engine, radar, electronics, computing, nuclear and medical technologies, all of which were later commercialized.

The ultra-high pressure economy the US ran between 1938 and 1945 meant that unemployment dropped to 2%. Various controls were put in place to contain inflation and by 1945 the average American had very little debt and they were saving 20% of their salary a year….

As the economist Marianna Mazzucatto wrote in her outstanding book, “The Entrepreneurial State” which asked the question, “Why did the U.S. develop global tech companies like Google, Facebook, Youtube and Amazon, when Europe did not?”

The answer was that the development of an incredible number of key innovations - including their development at private companies - were financed through public, not private expense.

XEROX, the copying and print company, had an outfit called PARC, or the Palo Alto Research Centre. They developed a lot of key technologies that were eventually commercialized by Apple. Xerox opened PARC in 1970, hiring the greatest minds in the field to research advances in computer science.

PARC innovations included a Graphical User Interface (GUI), the mouse, windows, drag and drop interactions.

The product that turned Apple into multi-trillion dollar company was the iPhone - which was preceded by the iPod….

The technology and the credit for the agency that developed it:

First Generation iPod

  • DRAM cache - DARPA

  • Click wheel - RRE, CERN

  • Lithium-ion batteries - Department of Energy (DOE)

  • Signal compression - Army Research Office

  • Liquid crystal display - National Institutes of Health, National Science Foundation, Department of Defense

  • Micro hard drive - DoE / DARPA

  • Microprocessor (CPU)

Second Generation Ipod / iPhone

  • Multi-touch screen - DoE, CIA/NSF, DoD

  • NAVSTAR-GPS - DoD / Navy

  • SIRI - DARPA

  • HTTP/HTML - CERN (Europe)

  • Cellular technology - US Military

  • Internet - DARPA

In addition, Apple had the following

  1. Direct Equity Investment - Government funding: Prior to IPO, Apple received $500,000 from Small Business Investment Company licensed by a U.S. Federal Agency

  2. Access to Research funded by state or federal governments - Military, academic, private-public partnerships

  3. Tax, trade and tech policies to support innovation for Apple or drive market share

Microprocessors, which were developed in 1950s and 60s by Bell Labs, Fairchild Semiconductor and Intel, only had one customer to sell to - the U.S. Government. The only customers at first were NASA and the Air Force (for nuclear missiles)….


The Morally-Challenged In Charge — And it's getting worse.

Aurelien, Mar 18, 2026 [via Naked Capitalism 03-19-2025]

...Liberalism has replaced the old question “how should I behave?” with the new question “what can I get away with?” just as it has replaced “how should I live my life?” with “how can I be as successful as possible?” The result is perhaps the most amoral or immoral ruling class in the history of the West, for whom anything not explicitly illegal is fair game, and anything explicitly illegal is just a challenge to find your way around. On the one hand this evokes justified anger, but on the other hand it holds out the temptation to emulation….

...I have here to join the long queue of people who are unable to understand why Starmer didn’t know Mandelson was not morally fit to be an Ambassador anyway, but I’d argue beyond that, that things have really gone downhill when the government doesn’t even seem to realise that that the man should never have been allowed within radioactive detection distance of the Diplomatic Service in the first place. They really don’t get it, after forty years of “what can I get away with before I’m found out and then how can I wriggle out of the consequences if I am?” being the moral standard increasingly used by elites.

So we face the curious situation that politicians and other members of the ruling class around the world are detested as never before, and partly because they are incompetent, yes, partly because they are crooked, but mostly because they are overwhelmingly unpleasant and ethically-challenged people. (And for that matter, many important public figures among the Famous are just as unpopular for the same reason.) Now it’s true that there are countries such as the United States, and parts of Africa, where public expectations of their politicians are already about as low and despairing as its possible to get, but that doesn’t mean that people are reconciled to this situation; quite the contrary. So in general, and in spite of forty years of Liberal indoctrination, we still find that popular criticism of politicians is not so much legalistic and procedural, as based on a disappointed sense of morality. The anger aroused by allegations that Mrs von der Leyen has personally made money, directly, or indirectly, from both the Covid and the Ukraine crises, will not go away if a report eventually clears her of doing anything technically illegal. Most people would simply reply that a person in a position of public trust shouldn’t behave like that, whether it’s technically legal or not….

...The exaltation of the Individual inevitably produces a solipsistic world-view in which everything I experience is just a facet of Me, and things are only good or bad insofar as they benefit Me or not. Other people are there to be manipulated or profited from, or at worst are just Non-Playing Characters….

...But we have moved today to a stage of ultra-liberalism, where I have a right to do Anything I Can Get Away With, and where the rich and powerful acknowledge no restraining moral imperatives at all, setting in the process trends that others may copy….

Because of course the rational pursuit of individual self-interest, which is what Liberalism is, does not necessarily lead to personal happiness, and by definition even less to a moral society… Socrates had argued a very long time ago that only a virtuous life can make us happy, and so logically a life of pure rational self-interest would make us unhappy….

...Liberal society has no answer to the following Prisoners’ Dilemma kind of conundrum: if everybody including me behaves well, I receive no special benefit, but if everybody else behaves well and I behave badly I do receive a special benefit. So then why should I behave well? Arguments about the common good are not receivable, because in Liberal thought either there is no common good, distinct from the sum total of individual goods, or if there is it takes second place to the personal good of the individual. The conundrum is actually insoluble in the terms in which it is posed. It will always be advantageous for me to be dishonest if everyone else is honest, and nothing can be done about that….

...forty years of turbo-liberalism and the official abolition of Society as a concept….


[TW: By denying  historical figures such as Franklin or Jefferson have any legitimacy for emulation today, “the left” is — probably unknowingly but who knows? — assisting this demoralization of society. (And demoralization is the exactly accurate word to use in the context of Aurelian’s discussion; I’m surprised he doesn’t use it.)]


Jeffrey Rosen, The Pursuit of Happiness: How Classical Writers on Virtue Inspired the Lives of the Founders and Defined America (New York, NY, Simon & Schuster, 2024)

By reading the classical Greek and Roman moral philosophers who inspired the Founders, Rosen shows us how they understood the pursuit of happiness as a quest for being good, not feeling good—the pursuit of lifelong virtue, not short-term pleasure. Among those virtues were the habits of industry, temperance, moderation, and sincerity, which the Founders viewed as part of a daily struggle for self-improvement, character development, and calm self-mastery. They believed that political self-government required personal self-government.


Benjamin Franklin: “without Virtue Man can have no happiness in this World.” [Autobiography, 188]


Cicero, Tusculan Disputations

XVII. , then, through moderation and constancy, is at rest in his mind, and in calm possession of himself, so as neither to pine with care, nor be dejected with fear, nor to be inflamed with desire, coveting something greedily, nor relaxed by extravagant mirth—such a man is that identical wise man whom we are inquiring for: he is the happy man, to whom nothing in this life seems intolerable enough to depress him; nothing exquisite enough to transport him unduly. For what is there in this life that can appear great to him who has acquainted himself with eternity and the utmost extent of the universe? For what is there in human knowledge, or the short span of this life, that can appear great to a wise man? whose mind is always so upon its guard that nothing can befall him which is unforeseen, nothing which is unexpected, nothing, in short, which is new. Such a man takes so exact a survey on all sides of him, that he always knows the proper place and spot to live in free from all the troubles and annoyances of life, and encounters every accident that fortune can bring upon him with a becoming calmness. Whoever conducts himself in this manner will be free from grief, and from every other perturbation; and a mind free from these feelings renders men completely happy