Angry or not, is geek/nerd/gamer really even a coherent grouping of people?
With that said, I think that some, perhaps many, BreadTubers originally thought their project was to pull these people away from the alt-right pipeline and toward “the left.” But BreadTube was/is largely anti-communist; it’s mostly radlibs, socdems, and anarchists. On lemmy.ml, the admins ended up booting the anticommunist c/breadtube mods and making me mod.
Yes, I mean Patreon and Substack. I won’t be surprised if payment processors stop processing certain channels some day, because they’ve done it before. PayPal, GoFundMe, And Patreon Banned A Bunch Of People Associated With The Alt-Right. Here's Why.
Muh MBFC!
Hamilton 68 is gone, but Hamilton 2.0 is still up, though they don’t track Xitter anymore because Enron took the API down.
RAND corporation provides disinformation tools, including Hamilton 2.0. Fighting Disinformation Online A Database of Web Tools
Ooh Radhika Desai 👀 I was going to paste some choice quotes, but found myself copying the short article almost in its entirety.
Free download of her latest book: Capitalism, Coronavirus and War: A Geopolitical Economy
Capitalism, Coronavirus and War investigates the decay of neoliberal financialised capitalism as revealed in the crisis the novel coronavirus triggered but did not cause, a crisis that has been deepened by the conflict over Ukraine and its repercussions across the globe.
Leading domestically to economic and political breakdown, the pandemic accelerated the decline of the US-led capitalist world’s imperial power, intensifying the tendency to lash out with aggression and militarism, as seen in the US-led West’s New Cold War against China and the proxy war against Russia over Ukraine. The geopolitical economy of the decay and crisis of this form of capitalism suggests that the struggle with socialism that has long shaped the fate of capitalism has reached a tipping point. The author argues that mainstream and even many progressive forces take capitalism’s longevity for granted, misunderstand its historical dynamics and deny its formative bond with imperialism. Only a theoretically and historically accurate account of capitalism’s dynamics and historical trajectory, which this book provides, can explain its current failures and predicament. It also reveals why, though the pandemic—by revealing capitalism’s obscene inequality and shocking debility—prompted the most serious critiques of capitalism to emerge in decades, hopes of ‘building back better’ were so quickly dashed. This book sheds searching light on the dominant narratives that have normalised the neoliberal financialised capitalism and the dollar creditocracy dominating the world economy, with even critics unable to link capitalism’s neoliberal turn to its financialisations, historical decay, productive debility and international decline. It contends that only by appreciating the seriousness of the crisis and rectifying our understanding of capitalism can progressive forces thwart a future of chaos and/or authoritarianism and begin the long task of building socialism.
This book will be of great interest to students, scholars and researchers of international relations, international political economy, comparative politics and global political sociology.
All of that, and sometimes additionally as a show of force and/or provocation, or as a pretext for troop movements.
The losses don’t affect the Fed’s day-to-day operations and won’t require the central bank to ask for an infusion from the Treasury Department. Unlike federal agencies, the Fed doesn’t have to go to Congress hat in hand to cover operating losses. Instead, the Fed created an IOU in 2022 that it calls a “deferred asset.”
Drilling into the linked article:
If the Fed runs sustained losses, it won’t have to turn to Congress, hat in hand. Instead, it will simply create an IOU on its balance sheet called a deferred asset. When the Fed runs a surplus again in future years, it would first pay off the IOU before sending surpluses to the Treasury.
The Federal Reserve is in essence the formalized cartel of the private banks, and this IOU process is yet another way in which these banks are too big to fail: the Treasury’s money printer will never let them fail.
You might call it a red herring, to give a credit rating to the government that literally prints the money. But probably a better way to think of it is as a political tool of the haute bourgeoisie.
My first impression as a consumer of Michael Hudson content: By the logic of the invisible hand, a drop in the credit rating will lead to a rise in treasury interest rates, which means the wealthy will move more money out of the real economy and into treasury securities.
The onus of proof is on the fascists committing ethnic cleansing.
Yellen says the economy is “deep into a recovery.” 😂 The abysmal depths of an upswing!