Lukas Hirsch
banner
lukashirsch.bsky.social
Lukas Hirsch
@lukashirsch.bsky.social
Institutions & Political Economy
Reposted by Lukas Hirsch
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...
November 6, 2025 at 2:23 PM
Reposted by Lukas Hirsch
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...
Zohran Mamdani shows how Democrats can defeat authoritarians like Trump | Isabella Weber
Democrats have two choices: fight to make life affordable again for ordinary people or watch voters embrace authoritarians
www.theguardian.com
November 6, 2025 at 2:23 PM