Inaugurating the Phenomenal World twitter with a superthread of articles and interviews and papers we have published over the past twelve months or so—a New Years thread for the long 2020.

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“Because it left the property structure intact and allowed markets to allocate resources, the social democratic approach fueled the causes of inequality.”

Today, co-published with @BostonReview, @AdamPrzeworski on the social democratic contradiction. https://phenomenalworld.org/analysis/revolution-reform-resignation
“CDC’s Eastern European strategy sought to transform the Eastern Bloc into a regional factory producing computer peripherals.”

@ellacoon on Central Data Corporation’s proto-global value chains. https://phenomenalworld.org/analysis/supercomputer
“The deflationary coalition has been held together by a cohort of powerful voters whose financial position depends on the continual appreciation of capital assets at the expense of wages.”

@BuddyYakov on the politics of inflation. https://phenomenalworld.org/analysis/deflation-inflation
“Whatever comes next will not be a simple return, if only because of the radical transformations to which capital and the environment will subject each other in the coming century. We are all transition theorists now.”

@_TimBarker on Banaji https://phenomenalworld.org/reviews/commercial-capitalism
“The inability to pursue expansionary fiscal policy in a global economy is at the root of the economic problems we face today. QE operating through the balance sheets of central banks is a variation on the same theme.”

Maya Adereth interviews Amit Bhaduri https://phenomenalworld.org/interviews/bhaduri-amit
“The problem with student debt is a problem of wealth. The debt then itself exacerbates wealth disparities that the higher education it “paid for” doesn’t rectify.”

@Econ_Marshall’s essay and paper on the solvency crisis behind the student debt crisis https://phenomenalworld.org/analysis/crisis-of-non-repayment
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