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Good morning! My book, Chains of Command: The Rise and Cruel Reign of the Franchise Economy now has a beautiful cover, and a release date: April 20th. So you'll have something to enjoy with your 4/20 Taco Bell order.
Brian Callaci
12.4K posts
Brian Callaci
@brian_callaci
Chief Economist @openmarkets | Sometime adjunct @JJayEcon | Formerly @WorkersUnited and @TheSOC | 100% a personal account | he/him
- A 23% wage increase led to a 4% price increase. That's called winning at policymaking.California hiked the minimum wage to $20 per hour for fast food workers this week. You'll never guess what happened next.
- Looks like those workers are pretty important and their employer should concede to their demands.
- Sorry to be corny, but youth sports are supposed to be extremely cheap and open to everyone. Learning teamwork and sportsmanship with kids from different backgrounds, that sort of stuff.The $40 billion youth sports industry is catching the attention of private equity โ a development that will raise costs and push youth sports out of reach for everyday Americans. "To increase profits... these firms could raise fees for tournaments, rink time and other assets"
- The repression just isn't working, not on youth anyway. Very heartening."I am ashamed to know my tuition is being used to fund genocide." Cecilia Culver, a George Washington University's student, calls out her university's administration during her graduation ceremony graduation for funding the ongoing Israeli genocide of Palestinians.
00:00 - I have never seen Marxist guys so happy. So many finance things to explain, crises to interpret
- I'm glad to hear it, but also sad that there is a moral universe where we have to justify feeding hungry kids with outcomes research instead of just "we should feed hungry kids because they're hungry kids."Studies show that free school lunch leads to better academic outcomes and healthier students. motherjones.com/food/2022/12/sโฆ
- If I were concerned about the global rise of authoritarianism, I'd be as interested in policies to discipline and rein in finance capital as social media.
- When you try to organize a union, you witness the insane, truly unhinged lengths highly respected members of society go to in order to bust unions. And then you see them face no legal or even social consequences. And it's sorta hard to take respected society seriously after that.Scoop: Trader Joe's is following SpaceX in arguing that the US National Labor Relations Board, which is prosecuting cases against both companies, is unconstitutional: bloomberg.com/news/articles/โฆ
- Come on guys, be fair. Abundists have never said they're anti-union. They're just anti-prevailing wage, anti-safety rules, and anti...respecting picket linesthe public has no obligation to participate in strikes!
- RIP Tight Labor Market of 2022Good ol fashioned corporate fuckery
- Zohran is cooked. Only way forward is to walk back the free bus stuff and embrace 5% unemployment for 5 years or 10% unemployment for 1 year.Every American is a citizen of New York City. It's so much a cultural and financial hub of our country that what happens in NYC is consequential for all of us. And I'm not an expert on the exigencies of the details of NYC economic policy, but I do think the Democratic Socialist
- I'm gonna share something my father told me on a picket line at a hospital when I was a kid: he pointed at the state troopers, and he asked me, do you see which side they are protecting?
- Step 1: Abandon workers and their unions Step 2: Bleed working class support for 40 years Step 3: Do some good but not transformative stuff for 3 years to win them back Step 4: Declare defeat, become the party of crypto
