Today, @wanshucong.bsky.social explains how significant parts of the global economy have long been governed through informal, political arrangements.
The marginalization of international law under the second Trump administration has been a shock to the post-Cold War world order. Yet the impact of this development on the global economy has been far…
Today, @frankpasquale.bsky.social contrasts Magnifica Humanitas, a vision of AI in service of peace and human flourishing, with an American administration governing AI by memes, chaos, and willful self-destruction.
lpeproject.org/blog/america...
LPE Blog
lpeproject.org
Pope Leo's Magnifica Humanitas offers a vision of AI guided by peace, dignity, and moral renewal. It stands in stark contrast to an American administration governing by meme, chaos…
Today, Evan Behrle examines one of the oldest arguments for income inequality: that workers should be paid the value of their productive contribution.
What this argument misses, he argues, is that the size of any worker’s contribution is largely determined by what other workers do.
It's great to see people exploring these issues, but I'm fundamentally confused by this argument. The same productive interdependence that's the subject of the essay makes the marginal product concept fundamentally unworkable/impossible to apply in complex economies--not merely *incorrect* sometimes
Musk buying twitter, Bezos buying WaPo, Ellison buying CBS—all are less profitable now. But they’re political investments that increase the value of the new owners’ portfolios
Wealth concentration makes this possible, and that’s one mechanism by which inequality destroys democracy
It also violates the Trafficking Victims Protection Act. A case about similar GEO Group practices in Colorado is finally going to trial this year (was filed in 2014!).
I wrote a bunch about GEO's forced labor policies and the litigation against them here scholar.law.colorado.edu/faculty-arti...
When defending income inequality, high-earners often appeal to an old left-wing idea: that workers are entitled to the fruits of their labor and should be paid the value of their productive…
Today, Evan Behrle examines one of the oldest arguments for income inequality: that workers should be paid the value of their productive contribution.
What this argument misses, he argues, is that the size of any worker’s contribution is largely determined by what other workers do.
When defending income inequality, high-earners often appeal to an old left-wing idea: that workers are entitled to the fruits of their labor and should be paid the value of their productive…
Today, @frankpasquale.bsky.social contrasts Magnifica Humanitas, a vision of AI in service of peace and human flourishing, with an American administration governing AI by memes, chaos, and willful self-destruction.
lpeproject.org/blog/america...
Jake Grumbach
sanjukta paul
Pope Leo's Magnifica Humanitas offers a vision of AI guided by peace, dignity, and moral renewal. It stands in stark contrast to an American administration governing by meme, chaos…
lpeproject.org
Tired: it's not possible to "earn" a billion dollars through accumulated capital.
Wired: it's not possible for a product manager at Apple to "earn" thirty times the pay of someone mining lithium for batteries in Zimbabwe.
"No lithium means no batteries, and so no electronic devices, and so no value to the labor of Apple product managers. But lithium miners are not paid in a way that reflects this necessity, because what is necessary is their collective labor, and they are paid one by one."
Jonathon Booth
LPE Blog
The LPE Project
The LPE Project
A problem with authoritarianism and media conglomeration is that the owners of these media companies don't care if they are profitable so they use them rather to send signals to the authoritarian who wields control over their profit-making businesses.
Today, Evan Behrle examines one of the oldest arguments for income inequality: that workers should be paid the value of their productive contribution.
What this argument misses, he argues, is that the size of any worker’s contribution is largely determined by what other workers do.
Today, Evan Behrle examines one of the oldest arguments for income inequality: that workers should be paid the value of their productive contribution.
What this argument misses, he argues, is that the size of any worker’s contribution is largely determined by what other workers do.
When defending income inequality, high-earners often appeal to an old left-wing idea: that workers are entitled to the fruits of their labor and should be paid the value of their productive…
When defending income inequality, high-earners often appeal to an old left-wing idea: that workers are entitled to the fruits of their labor and should be paid the value of their productive…
CBS News boss Bari Weiss is likely to gain editorial oversight of CNN if and when Paramount Skydance’s acquisition of Warner Bros. Discovery is approved, according to a report.
a glaring omission from much of the convo about the Delaney Hall labor and hunger strike imo is the fact that *these people shouldn't be laboring in the first place*
this is slavery, & even the 13th Amendment's 'punishment for a crime' exception doesn't apply!
ballsandstrikes.org/law-politics...
The Delaney Hall Strike participants haven’t been convicted of anything—and are still being forced to work for nothing.