Jan Schneekloth

Amazon announced 14,000 layoffs. Its CEO made over $40M last year.

UPS announced 48,000 layoffs. Its CEO made over $24M last year.

Intel announced 20,000 layoffs. Its new CEO's pay package is valued at nearly $69M.

This is what I mean when I say the system is rigged.

On the Laws of Capitalism - Monthly Review 1. Insights from the Sweezy-Schumpeter Debate John Bellamy Foster In February 2011, while I was drafting what was to become “Monopoly and Competition in Twenty-First Century Capitalism,” written with ...

''“M-C-M′ is the heartbeat that pumps the system’s monetary lifeblood through its arteries and veins.In the one case as in the other,the health of the system depends on the proper functioning of the heart:irregularity or weakness causes systemic illness and in extreme cases threatens life itself.”''

Tech Capitalists Don’t Care About Humans. Literally. It’s not just a figure of speech to say tech titans are indifferent to humanity. From Peter Thiel to Elon Musk, many are adherents of a worldview that envisions humans being replaced by digital post-h...

''[...]two options. One is that a[.] individual is tortured[.] for fifty years.The other is that some unfathomable number of people suffer the[..]discomfort of having a speck of dust briefly in their eye. So which of these is worse?[...] the second[...]is much worse because if you do the math. . .''

The songs remain the same Into the universe of posthistorical music

''Eno[..]is“so stoked by the idea of having ‘no one definitive version,’he even asks whether our current habit of listening to [...]music over and over again will[..]seem ludicrous.”[...]how rarely I listen to anything“over and over again,”and I wondered whether I was on Eno’s ludicrous side[...]''

Die Produktivitätsillusion der KI-Revolution Was passiert, wenn Künstliche Intelligenz gar kein reales Wachstum erzeugt – sondern lediglich eine Umverteilung? Ein Gedankenexperiment über den wahren ökonomischen Wert der KI-Revolution von Moritz ...

''Denn was[..]als Rationalisierung erscheint,führt[...]zu einem Nachfragerückgang: Unternehmen reduzieren Personal, wodurch das Einkommen sinkt.Dadurch fällt die Konsumnachfrage, was die Umsätze stagnieren lässt.Der Staat muss dies durch Sozialausgaben kompensieren, was [..]Schulden steigen lässt.''

''The data also suggest that purposeful work serves as a buffer against negative experiences. Only 13% of employees with strong work purpose report feeling burned out "very often" or "always," compared with 38% of those with low purpose.'' #employees #purpose #burnout
news.gallup.com/poll/697403/...

Why everyone is still so obsessed with Sydney Sweeney Is the actress really having the worst week ever? Why does everyone care?

''[...]to court a generation raised on the internet,she needed to think about exposure beyond[..]movies.“If I just acted,I wouldn’t be able to afford my life[..]I take deals because I have to.”[...]Neither would confirm if they were dating[.]ambiguity that [...]helped make the movie a[..]success.''

Debt as a Tool of Domination: The IMF's New Loan and Argentina's Subordination to Global Capital - Monthly Review

''Argentina has a long history of loans from the IMF; the last debt contracted with the organization was around $44 billion, in a loan that bypassed all the internal regulations of the organization,[...]and exceeded the loan quota[...]The IMF is violating its own lending rules with this loan[...]''

The Progress Paradox | NOEMA Neoliberals long preached that markets and technology reinforce each other, enabling both to progress. In reality, when one develops, the other tends to stagnate.

''[...] corporations could be created only [...] for clearly defined [.] projects [...] still had to enumerate their purposes for the state’s approval[...] this [...] understanding of a corporation’s telos reflected a recognition that[..]constitutes [...]a state’s responsibility to order society.''

Fame Doesn’t mean as much as it used to. I remember growing up, going to the Yankee game, we told our friends we would be there, to look out for us on TV. To be on TV was the thrill of a lifetime.…

''So if you’re shooting for the moon... Don’t. There is no there there.[.]rarely any context. Look at social media, where there is no chart, everybody’s in it for themselves[...]you won’t grow from there[...]Most people are not interested in what you’re doing,they’re interested in something else.''

Furor por los Fondos Comunes de Inversión en dólares: crecen 140% en el año y ya captan u$s5.000 millones Los fondos comunes de inversión (o también conocidos por sus siglas “FCIs”) se convierten en una interesante oportunidad por las múltiples opciones que ofrecen.

''[...]recordemos que la compra-sólo de particulares-desde el fin del cepo ya supera los $17.000 millones[...]mayor estabilidad política y económica,también podría impulsar a volver al sistema financiero parte de los dólares “debajo del colchón” que se estiman todavía en unos u$s240.000 millones.''

Coalition Socialism - Dissent Magazine The intertwined relationship between liberalism and socialism offers important lessons for today’s fractious intra-left fights.

''In On Revolution,Arendt takes Marx to task for his “obsession with the social question and his unwillingness to pay[.]attention to questions of[..]government.”Under Marx’s baleful influence[..]revolutionaries traded the struggle for political freedom for the conquest of bread for the masses[...]''

La trama millonaria de corrupción en la Agencia de Discapacidad: cómo funcionaba el esquema que desvió más de $43.000 millones El fiscal Picardi y el juez Casanello avanzaron sobre los protagonistas visibles de la trama; la sombra de los hermanos Kovalivker; los Menem, en el horizonte

''Los beneficios [.] de la presunta banda criminal fluyeron[..]en múltiples direcciones.La Fiscalía encontró evidencias de Spagnuolo cobrando al menos $5 millones en efectivo[...]guardaba US$ 82.000 no declarados en una caja de seguridad, además[..]una máquina contadora de billetes en su casa.''

Germans Are Running Short on Patience With Their Stumbling Chancellor When Friedrich Merz became Germany’s chancellor this year, he promised to revive a moribund economy, rebuild the nation’s neglected infrastructure and make the country relevant on the global stage aga...

''Critics have targeted Merz for his short temper and what they call a divisive tone. During his time as opposition leader, his sharper edges were sometimes seen as an asset. As chancellor, they can be problematic. [...]the chancellor bragged about the growing number of deportations[...]'' #Merz

a visible effect of tariffs?
www.bea.gov/system/files...

Philosophie in Krisenzeiten: Alles längst zu spät? Nichts ist zu spät! Wälder brennen, Demokratien bröckeln – überall Krisen. Wie kann man hier noch denken? Die US-Amerikanerin Anna Kornbluh findet im von Trump belagerten Chicago Antworten.

''So bergen die Antagonismen in[.]Brontës Sturmhöhe[..]die Marxsche Einsicht, die [.]Geschichte der Menschheit sei nur der "Streit um die Form des notwendigen, doch gänzlich gemachten Sozialen", ein Klassenkampf eben, und [.]Dickens denke in Bleak House über die[.]Notwendigkeit von Grenzen nach.''

''[...]Protestant thinkers argued[.]God[.]created a[.]system of checks andbalances in which the pursuit of self-interest worked for the general good[..]Smith observed[...]when a businessman pursues[.]his own gain’he is‘led by an invisible hand to promote an end which was no part of his intention.’''

México y Estados Unidos: ¿una relación a prueba de todo? | Nueva Sociedad Claudia Sheinbaum sigue la línea de su antecesor, Andrés Manuel López Obrador, de mantener la cooperación estratégica con Washington en temas claves como comercio, migración y lucha contra el narcotrá...

''En el año que lleva Sheinbaum gobernando se ha deportado a Estados Unidos más de 26 narcotraficantes, pertenecientes a los carteles de Sinaloa, Jalisco Nueva Generación y el Noreste. Lo mismo ocurrió con el capo chino del fentanilo Zhi Dong Zhang,[..]Brother Wang, quien fue detenido en Cuba[...]''

Rosalía’s “Lux” What kind of crazy f*cked up world do we live in where the most adventurous, most innovative album of the year is made by a Spanish artist singing in a multitude of foreign languages? One in which …

''[..]“Lux” is the most exciting thing to happen in recorded music this year.[...]“Lux” is what we need. Listen to it. You may find it difficult at first. [...] think about the person who created it. Just like with the hit music of yore, you’ll ask yourself HOW DID SHE COME UP WITH THIS?'' #Rosalía

''Von den fünf Jahren zuvor gegründeten war es[...]36,0 %.Die Gastronomie gehört damit im Fünf-Jahres-Vergleich zu den Wirtschaftszweigen mit[.]niedrigen Überlebensraten[...]Am niedrigsten war die Rate im Bereich„Kreative,künstlerische und unterhaltende Tätigkeiten“''
www.destatis.de/DE/Presse/Pr...

Debt as a Tool of Domination: The IMF's New Loan and Argentina's Subordination to Global Capital - Monthly Review

''On February 14, 2025, President Milei promoted [...] $LIBRA through a tweet. In a few hours, more than forty thousand investors invested [...]. a group [...]linked to the president sold their crypto reserves, which made the price plummet. [...] the perpetrators made off with around $200 million.''

How a beloved TV nerd became ‘one of the greatest actors of his generation’ Jesse Plemons, who broke out as Landry Clarke on “Friday Night Lights,” enters the best actor Oscars race with his performance in “Bugonia” opposite Emma Stone.

''“The whole last third of the movie, Jesse’s just running,”[...]“So before every take, he had to run around the house so he [could be] sweating and panting Which is exhausting, but also kind of funny because if you’re doing another take, [..]‘Oh, he’s going for[.]a full sprint around the house.’”''

El fantasma de Domingo Cavallo recorre la Casa Rosada Críticas al esquema cambiario. Cavallo advierte que es “imposible” estabilizar sin reservas, incluso con el apoyo de EEUU.

''Compran bonos en pesos [...] cobran tasas de dos dígitos en moneda local y, antes del primer temblor, hacen “take profit” y se van. Su ganancia[.] depende de [...] la velocidad de la ilusión. El carry trade que se promociona como “flujo de confianza” no es más que una bicicleta con casco dorado.''

So long, penny. The Treasury has officially stopped producing one-cent coins. The U.S. Mint struck its final run of one-cent coins Wednesday, ending almost 230 years of near-continuous penny production.

''Retrieving a penny is barely worth the time it would take to do it [...] average private-sector hourly wage was hovering around $36[...] it comes out to 1 cent per second.“If we’re taking two extra seconds to use this,”[..]by fishing a penny out[...]or bending over to pry one off the street[...]''

350 Teachers on How Screens Take Over Classrooms, as Early as Kindergarten

''I cannot in good faith allow students to stare at screens for hours at school when I know that when they go home, the majority of students spend the majority of time watching screens.[...]Though nearly all said their schools used content blockers, students often find ways around them.'' #teachers

The seven deadly sins of corporate exuberance A frenzy of financial innovation has ensnared America Inc. What could go wrong?

''Every hot market in the past has concealed fraud. [...] the conditions for wrongdoing are ripe. Accounting practices for crypto, AI and private credit are all sufficiently flexible and opaque. [...] Immigration enforcement is a bigger priority for the White House than white-collar crime.'' #fraud

Stocks Aren't Salvation Political consequences of the ownership society

''The more stock you own, the more your own economic incentives become tied to rising stock prices. This implies that your incentives also are for: lower workers wages at the companies, less government regulation of the companies, lower corporate taxes, and other corporate-friendly policies.''

Sigue achicándose la cantidad de personas con empleo en blanco: solo 3 sectores tomaron gente en agosto Según Trabajo, ese mes se perdieron 11.229 empleos en blanco.El nivel de empleo registrado acumula 8 meses de contracción.

''El empleo asalariado registrado retrocedió en 12.604 personas [...]El empleo asalariado en el sector privado alcanzó las 6.204.252 personas: 10.600 trabajadores menos. Desde comienzos de 2025, son 27.000 trabajadores menos..En relación con noviembre 2023 son 181.512 menos.'' #Milei #desempleo

El poder se reconfigura en el “carpe diem” de Milei Hay un nuevo ordenamiento en el que se expande la influencia interna de Karina Milei; pero la marcha que el Presidente está obligado a realizar hacia el centro, única táctica posible si quiere consegu...

''Con la victoria de sus rivales, Caputo perdió espacios de poder. No los que tenía. Sí los que había fantaseado. [...] Quirno [...] Acertijo para la fiebre mitológica del kirchnerismo. [...] es que es una extensión del brazo de Luis Caputo, el ministro de Economía, sobre la política exterior.''

El FMI valoró el salvataje financiero de EEUU a la Argentina, pero insiste con “la necesidad de acelerar los esfuerzos de acumulación de reservas” Durante una conferencia de prensa, la vocera del Fondo, Julie Kozack, sostuvo que “sería prematuro” asegurar que el swap concedido por el Tesoro de Estados Unidos permitiría cumplir con la meta de res...

''[...] son asuntos bilaterales entre las autoridades estadounidenses y las argentinas, pero vemos estos esfuerzos como un refuerzo a los objetivos [...]“El apoyo financiero de Estados Unidos ha ayudado a estabilizar los mercados en Argentina y complementa el programa respaldado por el Fondo".''