Asst Prof of History, UCSB. Fellow
@rooseveltinst
. Social movements & political economy—civil rights movement; economic policy; inflation; mass incarceration.
I'm honored to collaborate with
@AyannaPressley
on this op-ed. We need the Fed--among the most powerful economic institutions on the planet--to take racism seriously.
USC did indeed build a pool for 1984 Olympics that was supposed to be open to the community for subsequent generations… you’ll never guess what happened next.
“calls for a Green New Deal help tie solutions to the climate crisis to the promise of a stronger and more equitable economy, upending the false "jobs versus environment" dichotomy that conservatives and the fossil fuel industry have worked so hard to cultivate.” -
@KateAronoff
One of Obama’s first acts was $100 million in community policing grants. The same stuff was pushed by Clinton. It strengthens and grows policing. It is the problem.
#8ToAbolition
A Joe Biden op-ed: "I’m proposing an additional $300 million to reinvigorate community policing in our country. Every single police department should have the money they need to institute real reforms"
This Mike Davis essay changed my life. RIP.
“Some young activists might…dust off a copy of FDR’s 1944 campaign platform: an Economic Bill of Rights…It was a clarion call to social citizenship [enumerating] rights to employment, housing, healthcare…”
“Accepting unemployment to control inflation amounts to choosing the people at the very bottom of the economic pyramid to bear the entire economic burden. In the so-called war against inflation, America’s…unemployed have been the…conscript army.” - Coretta Scott King.
“I'm aware of no major example in which the Central Bank reacted with excessive speed to inflation and a large cost was paid,” says
@LHSummers
.
Summers looks back at history and believes the Fed should stay the course
#WallSteetWeek
Netanyahu has already said the only things he needs from the U.S. are “munitions, munitions, and munitions.” So long as Biden keeps that up, his feelings toward Netanyahu are less than meaningless.
SCOOP: In private, Biden often describes Netanyahu as obstinate — calling Israel’s PM an ‘asshole’ in at least 3 instances — and the main obstacle to US efforts to promote de-escalation.
via
@carolelee
@Petereporter
@ckubeNBC
& me
@miriamkp
Still think a relatively under-acknowledged dynamic in the labor shortage/ great resignation analysis is that probably about one million people have died in the U.S.
“Fuck that guy… He’s with the Blacks.”
LA City Councilmembers Nury Martinez, Gil Cedillo, Kevin de León and LA Labor Federation President Ron Herrera making racist comments and discuss redistricting.
Listen to the audio:
“If we understand Jim Crow as a system of labor suppression as well as racial oppression, we can see more clearly how key elements of the Jim Crow order survived the end of formal segregation and racist disenfranchisement.” -
@jbouie
"Du Bois ...was trying to understand the roots of fascism in Europe and in his native land. He saw the battle over the interpretation of history play out in the streets, statehouses, courts, and newspapers for decades—often with deadly consequences."
Summers attending Kissinger’s birthday recalls his infamous line to Elizabeth Warren (and Yanis Varoufakis, and probably many others): “insiders also understand one unbreakable rule: They don’t criticize other insiders.”
Joe Biden has argued that the focus on his 1994 Crime Bill as a driver of mass incarceration is misplaced. He's right -- it was his earlier push that was responsible. by
@davidpstein
It’s the 58th anniversary of the
#MarchOnWashington
for Jobs and Freedom.
Here is some of what the organizers wanted:
-
#jobguarantee
- decent housing for all
- voting rights
- end police brutality
- desegregate schools
- fair employment
- $17.79 minimum wage
Reposting one of the Mike Davis pieces that is closest to my heart--his advice to Occupy.
"Ten immodest commandments: What, indeed, have I learned from my fumbling-and-bungling lifetime of activism?"
This Adolph Reed comment about Coretta Scott King is disquieting and historically inaccurate. Scott King spent the years after her husband’s assassination fighting for many of the goals that Reed has supported as well, especially an expanded social welfare state.
Had the red wave actually manifested, can you imagine how much crowing Larry et al would be doing about the American Rescue Plan and student debt relief?! Now he just resorts to metaphors about fevers etc.
It is now confirmed that the American political center has held. There is a real chance that the terrifying anti-democratic fever is breaking. Now is a time when the country can move forward to create more prosperity and security for all.
It’s true. Your Jewish friends are not okay. We’re seeing family breaking fascist, cheering on a genocide. We’re contesting the annihilation of our history as a proudly diasporic people, and the attempt to shrink Judaism into an adjunct of an apartheid ethnonationalist state.
While UC grad students were on strike demanding relief from high housing costs, the chief investment officer was forming a partnership with Blackstone's Real Estate Investment Trust. An absolute insult to the public service mission of the UC.
HISTORY PROVIDES TOO MANY INSTANCES WHERE OUR HUBRISTIC EXPECTATIONS OF WHAT IS POSSIBLE IN A GIVEN TEMPORAL HORIZON ARE CHASTENED. MOST ABOLITIONS WOULD SUBSCRIBE TO NELSON’S MANDELA’S ADAGE THAT “IT ONLY SEEMS IMPOSSIBLE UNTIL IT IS DONE.”
@prisonculture
@dnbrgr
Intimacy and connection does not necessarily breed political solidarity. But as the parent of a 5yo who hangs out with a lot of joyous, rambunctious 5 year-olds, I don’t know how anyone can see this and not demand immediate ceasefire.
Oh, rascal children of Gaza, come back.
@joshualeifer
@DissentMag
I’m begging you to utilize a power analysis and understand how your voice is being mobilized. The ‘humane left’ described here is one that favors an orderly or polite execution—the death penalty of lethal injections, not firing squads.
These are some of the things Coretta Scott King—widowed at the age of 40 with four children—did in the days and then years after her husband’s assassination.
In her words: “I am not a ceremonial symbol—I am an activist.”
10 months before the 2010 midterm election, with the unemployment rate at 10%—15 million people actively searching for work--President Obama told a Democratic Congress that he would veto new discretionary spending.
On
#AxeFiles
,
@BarackObama
talks about how rapid economic change helped ignite right-wing populism:
"The speed with which wealth got concentrated...with which lives were disrupted, made people worried & scared," boosting the power of demagogic appeals.
“Mike [Davis] taught us never to take capitalism for granted. And never to forget that the future of capitalism was precisely dependent on our imbibing the ideology of capitalism’s ahistoricity.” - Angela Davis
It’s the 59th anniversary of the
#MarchOnWashington
for Jobs and Freedom.
Here is some of what the organizers wanted:
-
#jobguarantee
- decent housing for all
- voting rights
- end police brutality
- desegregate schools
- fair employment
- $19.30 minimum wage (in 2022 $)
Now that he’s the front runner (again), I hope this time
@JoeBiden
will answer questions about his record.
I’d love to know what he thinks about this for example—regret? pride? ambivalence?
.
@prisonculture
: People who use community-based responses to violence are the majority. Most people reject the criminal punishment system. The actual dividing line is the one that is *funded* and *unfunded.*
How it started /// How it's going
"The resolution, which builds on the legacy and work of generations of Black women in the Civil Rights Movement, will help the United States achieve the promise of full employment." -
@AyannaPressley
In the debates the other day,
@JoeBiden
stressed his ability to “get things done.” Here is my piece in
@theintercept
on what that has looked like.
“these laws [Biden pushed] increased the likelihood that more people would end up in cages and for longer.”
The role of government isn’t to pick winners and losers in the economy. It’s to maintain the winners in their approximate position as when the Nixon administration picked them.
Two things that should be national scandals:
1. Democratic Governors with Dem legislatures refusing to release people from prison and turning them into COVID hot spots.
2. The federal reserve tanking the municipal lending program authorized by the CARES Act.
Simply murderous.
Sadly, Herb Gintis, a founding member of political economy at
@UMassAmherst
passed away today. He pioneered radical economics and has made major contributions to Marxian economics, evolutionary social science, behavioral & mathematical economics. The loss of a giant. RIP.
I’ve literally studied the last 90 years of unemployment politics and there is not one single second when a job guarantee wouldn’t have been needed and necessary.
“Because landlords have price-setting power…they can engage in what the New Deal-era economist Gardiner Means called “profit-push inflation”—widening profit margins well beyond cost increases without losing (much) market share.”
My landlord had told me he planned to increase my rent 11% but has decided instead to increase it 25%. Has anyone considered passing some kind of law about this
"Without Mike Davis there would be no *Golden Gulag*. He shared ideas, research, and resources, pointed me toward Mothers ROC and Corcoran...and also showed me the practical connections between analytical, political, and pedagogical creativity." -
@rwgilmoregirls
.
"in an era of declining wages and rising debt, Americans are not aging out of their student loans—they are aging into them."
Just an absolutely amazing and crushing article by
@EleniSchirmer
. Cancel every last cent of this odious debt.
“A new paper from the World Bank finds that the global economy is in the midst of the ‘most intentionally synchronous episodes of monetary and fiscal policy tightening of the past five decades.’”
The World Bank is warning that simultaneous aggressive tightening by the world's central banks, each focused on quashing domestic inflation, could drive the global economy into a recession.
I’m not sure how I came across Race Traitor, but it might have been in the stacks of the library in college or via Roediger. But Noel Ignatiev’s ideas and politics have shaped me in indelible ways. “Treason to whiteness is loyalty to humanity.” Rest in power.
R.I.P. Noel Ignatiev, longtime member of Sojourner Truth, founder of Race Traitor magazine, and author of the landmark study of US racial construction, “How the Irish Became White”. A lifelong revolutionary who even in his last days was in conversation with militants. Love & rage
“[
@AyannaPressley
] particularly highlighted the role Martin Luther King Jr. and Coretta Scott King played in fighting for policies that ensure full employment for all Americans who are able to work...This was a dope ass moment, can’t even lie."
According to the FBI, in 2020 the property crime rate was BY FAR THE LOWEST IT HAS BEEN IN DECADES –and the lowest it has been in the entire life of most living Americans.
“The fact that Biden is passing far more ambitious proposals with 50 votes than President Obama did with 59 shows how far the party has come.” -
@zachdcarter
What is happening in LA today is a result of the failure to stabilize the cost of living at the national level in the ways that
@MegJacobs100
and
@IsabellaMWeber
foreground.
We really need a word for when journalists or other more prominent scholars do a soft pilfer of your scholarship/ research without citations. It’s not exactly plagiarism. But esp when you’re an NTT scholar, it sucks.
"You know, many other people with whom I spoke said they’re considering resigning. But again, it is challenging for someone to — you know, it’s not easy to not have a job in this country."
Powerful comments from
@AnnelleSheline
on Aaron Bushnell and her resignation from State
“abolition-democracy was an anticipation of social democratic ideology, although few of its proponents, in Du Bois’s view, grasped the full significance of their analysis of the relationship between political freedom, civil rights & econ security.”-
@jbouie
The piece I’ve been waiting for for months—the incomparable
@zachdcarter
on the incomparable
@IsabellaMWeber
.
What if We’re Thinking About Inflation All Wrong? | The New Yorker
Robin Kelley:
"for me, [C.L.R.] James, [Walter] Rodney, the history of colonialism, the African liberation movement, and growing up Black and poor in Harlem proved that 'race and class constituted a single site of struggle'."
@thrasherxy
James Baldwin: “The will of the people, in America, has always been at the mercy of an ignorance not merely phenomenal, but sacred, and sacredly cultivated: the better to be used by a carnivorous economy which democratically slaughters and victimizes whites and Blacks alike.”
I read the Noah Smith response to Zach Carter’s article on Isabella Weber … and wow. Really a bunch of thin mischaracterizations of what Zach and Isabella wrote. All in the name of saying that the policies were more “nuanced” and ‘triumphalism is premature.’ Cmon.
Giving us 15 minutes to pack up and leave from our housing is seriously twisted. I am not surprised at all — I am glad administration is finally showing their face to the general student body, because student organizers have known from the start how evil these administrators are.
@miriamkp
And their families as well! Death or severe illness one this scale can mess with a labor market. Seems like an absurdly basic fact, but here we are.
I know we all say keep saying this, but what a damning indictment of the current system of economic governance that unemployment is the key means to manage inflation.
Black unemployment rate was 4.7% in April 2023 -- the lowest ever recorded. (And an incredible comeback from 16.8% in May 2020).
A strong jobs market gives a lot of opportunities to everyone. This is very encouraging.
#jobs
"you have designed a narrow, punitive lending program that has delivered aid to almost none of the state and local governments struggling with losses related to the COVID-19 pandemic." -
@AyannaPressley
and
@BharatRamamurti
🔥
If only the Federal Reserve had the ability to lend to municipalities at super low rates and could roll those loans over and over and over for maybe 40-50 years. If they had that ability by the CARES Act, they could call it a Municipal Liquidity Facility. IDK 😐
"it is unconscionable that a public university dedicated to the mission of public education would work to strengthen the hand of corporate landlords."
@CharmaineSChua
,
@FieldsDesiree
, and I wrote about University of California's investment in Blackstone.
The Volcker Shock pushed Black youth unemployment above 50% and catalyzed the third world debt crisis. But Larry Summers says this was not a "large cost."