Matej Žganec
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mzganec.bsky.social
Matej Žganec
@mzganec.bsky.social
82 followers 680 following 17 posts
Friendly neighborhood Eurocrat.

Discussing transport, mobility, urbanism, environment, energy, sustainability, EU and international relations.
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Reposted by Matej Žganec
originalist.bsky.social
Epidemic abuse:

"One-third of all Americans killed by strangers are killed by police"

"White nationalists pervade law enforcement

10,000 family dogs killed by police every year (DOJ: "epidemic")

"Police solve just 2% of all major crimes"

"NYPD Costs $10 Billion a Year

"50% of municipal budgets
January 10, 2026 at 4:04 PM
mzganec.bsky.social
That's not what they think of themselves because they don't see it as their problem.

Making citizens of one EU member, care about the problems of another has been an impossible task.
January 6, 2026 at 6:56 PM
Reposted by Matej Žganec
edzitron.com
Enshittification's first three stages - from a platform people love to a platform businesses profit off of to a platform that hurts consumers and businesses alike - are well-known. But I argue we're in a fourth stage where stocks have become enshittified too.
www.wheresyoured.at/the-enshitti...
Image Alt Text: We are watching one of the greatest wastes of money in history, all as people are told that there “just isn’t the money” to build things like housing, or provide Americans with universal healthcare, or better schools, or create the means for the average person to accumulate wealth. The money does exist, it just exists for those who want to gamble — private equity firms, “business development companies” that exist to give money to other companies, venture capitalists, and banks that are getting desperate and need an overnight shot of capital from the Federal Reserve’s Overnight Repurchase Facility or Discount Window, two worrying indicators of bank stress I’ll get into later. No, the money does not exist for you or me or a person. Money is for entities that could potentially funnel more money into the economy, even if the ways that these entities use the money are reckless and foolhardy, because the system’s intent on keeping entities alive incentivizes it. We are in an era where the average person is told to pull up their bootstraps, to work harder, to struggle more, because, as Martin Luther King Jr. once said, it’s socialism for the rich and rugged free market capitalism for the poor. The “free market” is a fucking con. When you or I run out of money, our things are taken from us, we receive increasingly-panicked letters, we get phone calls and texts and emails and demands, we are told that all will be lost if we don’t “work it out,” because the financial system is not about an exchange of value but whether or not you can enter into the currently agreed-upon con. By letting neoliberalism and the scourge of the free markets rule, modern society created the conditions for what I call The Enshittifinancial Crisis — the place at which my friend Cory Doctorow’s Enshittification Theory meets my own Rot Economy Thesis in a fourth stage of Enshittification. :In November 2025, Reuters revealed that Meta projected in late 2024 that 10% of its annual revenue ($16 billion) would come from advertisements for scams or banned goods, mere weeks after Meta announced a ridiculous $27 billion data center debt package, one that used deep accountancy magic to keep it off of its balance sheet despite Meta guaranteeing the entirety of the loan. One would think this would horrify investors for two reasons: Meta’s business is both supporting and profiting from organized crime, and at 10% of its revenue, it’s also kind of dependent on it. Meta is using deliberate and insidious accounting tricks to act like a data center that it is paying to build and will be the sole tenant of is somehow an “off balance sheet” operation. One would be wrong. Morgan Stanley said a few weeks ago that it is “one of the handful of companies that can leverage its leading data, distribution and investments in AI,” and raised its target to $750, with a $1000-a-share bull case. Wedbush raised Meta’s price to $920, and Bank of America staunchly held firm at…$810. I can find no analyst commentary on Meta making sixteen billion dollars on fraud, because it doesn’t matter to them, because this is the Rot Economy, and all that matters is number go up.
December 29, 2025 at 5:14 PM
mzganec.bsky.social
The world....
December 13, 2025 at 4:36 PM
Reposted by Matej Žganec
davidzipper.bsky.social
BTW, a 2021 Carnie Mellon study found that ridehail's arrival in a new city *increases* car ownership.

The reason: Few residents ditch their car, while some become ridehail drivers and buy vehicles.

www.cell.com/iscience/ful...
November 12, 2025 at 8:34 PM