How I predicted Liz Truss’ downfall, then changed my mind (and predicted what comes next)

I have written a lot about the rise and fall of Liz Truss in recent months. I believe my articles up to this point have essentially predicted the ongoing unfurling of events. My task now is to show how this prediction is coming to fruition. Let me begin here, in a post entitled, ‘Why Liz … Continue reading How I predicted Liz Truss’ downfall, then changed my mind (and predicted what comes next)

The banality of sociality

Hannah Arendt’s seminal Eichmann in Jerusalem famously describes Nazism, personified in the Holocaust administrator Adolf Eichmann on trial in Jerusalem, as ‘the banality of evil’. In The Origins of Totalitarianism, Arendt considers the alliance between ‘elite’ and ‘mob’ underpinning totalitarian politics. If the totalitarian elite is characterised by a sinister banality, a strange coupling of … Continue reading The banality of sociality

Voices of Capital I: Welcome!

Welcome to this series of essays on three ‘voices of capital’: The Economist, The Financial Times, and The Wall Street Journal. What do I mean my ‘voices of capital’? To answer that question, let’s get more specific. By capital, I mean the interests, or the needs, of two social entities: The market system (capitalism); and The … Continue reading Voices of Capital I: Welcome!

On power: Tech, the state, and class

Power comes in many forms. Productive power is a relationship between society and nature, whereby people transform nature through technologies (or ‘forces of production’, as Marx called them). Social power is a relationship between people, involving both coercion (the use of threats and rewards, most often to maximise power over production) and legitimation (the use … Continue reading On power: Tech, the state, and class