Posting this thread and Guardian article hoping you'll read it and take it to heart. We need radical ideas in Austin just as much as NYC, and Kirk Watson won't ever be up to the challenge. bsky.app/profile/isab...

But windfall profits flow upward: in 2022, half of record fossil-fuel profits went to the richest 1%; only 1% reached the bottom half.

Link: www.sciencedirect.com/science/arti...

Essentials like housing, food, energy, & childcare are not ordinary commodities. When their prices surge, they trigger redistribution shocks.

Our research identifies these sectors as key drivers of inequality. Link: scholarworks.umass.edu/entities/pub...

If guaranteeing essentials sounds radical in 2025, it speaks to how far we’ve drifted from democracy’s core promise. Markets will not save democracy.

My new piece for @theguardian.com:
www.theguardian.com/commentisfre...

If guaranteeing essentials sounds radical in 2025, it speaks to how far we’ve drifted from democracy’s core promise. Markets will not save democracy.

My new piece for @theguardian.com:
www.theguardian.com/commentisfre...

This leads to what I mean by antifascist economics. It doesn’t target one party; it tackles the material conditions that make fascism appealing: insecurity, despair, unmet basic needs. Policies that make life affordable are not just social policy, they are democracy insurance.

Public options for essentials are also powerful instruments of price stabilization. The same sectors that matter most for inequality also drive inflation.

By preventing price shocks in essentials, governments can contain inflation & inequality.

Guaranteeing affordable prices for essentials addresses inequality without dividing society. Free buses or childcare are universal.

They benefit everyone and create solidarity across income, race, and religion — a unifying rather than exclusionary economic agenda.