2026-05-05T05:27:59Z https://yabu.me RaymondPierreL3 https://yabu.me/npub17sjf0y80vzdqlm2jhvw0z8afeh4j253vfh434f9hzlqqyn63fakqp69lgw https://mediacdn.aus.social/accounts/avatars/109/306/779/814/141/718/original/8780f2c96974cd3e.jpeg https://mediacdn.aus.social/accounts/avatars/109/306/779/814/141/718/original/8780f2c96974cd3e.jpeg https://yabu.me/nevent1qqs2j2ehgscr8yqnvwt4qs0hl74vf6klla8kehfj0aduaxrvlxfc3nszyr6zf9usaasf5rld22a3eugl48x7kf2j93x7kx4ykutuqqj0298kcwx4nuw Prof Yannis Varoukakis is, if anything, controvertial but also a great communicator and explainer of all things economics. I’ve always enjoyed reading him. In this case however, Varoufakis appears alarmist and the frightening thing about it all is that the scenario he unfolds in his article is very possible, too close to probable to ignore.<br/><br/>“Unlike Adam Smith or John Stuart Mill—who fretted over precisely when markets might fail—neoliberals declared the market infallible. Even when Wall Street cratered our economies, they insisted that mortal intervention would only make things worse. That suited the financiers perfectly. But that era is over.<br/><br/>A new form of capital is ascending: cloud capital—networked algorithmic machines that grant their owners remarkable powers to modify our behaviour. And just as financiers needed neoliberalism, today’s tech lords need a new ideology to legitimise their rule. I call it techlordism.”<br/><br/>Read more:<br/><a href="https://thepoint.com.au/opinions/260422-palantir-and-the-new-order-neoliberalism-is-dead-say-hello-to-techlordism">https://thepoint.com.au/opinions/260422-palantir-and-the-new-order-neoliberalism-is-dead-say-hello-to-techlordism</a><br/><br/>#Techlordism #Varoufakis #Technocracy #TechBros #Palantir #Thiel #economics #PostNeoLiberalism 2026-04-22T01:38:57Z https://yabu.me/nevent1qqsz4k30vrdmrlxyxr74qmdqq3996fj3gkgfw9et5r0c8vdh8mgcmgczyr6zf9usaasf5rld22a3eugl48x7kf2j93x7kx4ykutuqqj0298kcv386ry In reply to <a href='/nevent1qqsrxh9dmvvns9snj0j7patztdp6pls2zuuc7vzsrssuxlyqx4uczuga4ljce'>nevent1q…ljce</a><br/>_________________________<br/><br/>Maybe. Although I think McBride’s case is a separate matter. That case was ‘messy’ and there were some doubts as to his original intention for squirreling away classified docs, etc…<br/><br/>Whistleblower protection laws do need to be strenghtened, I agree. As to exactly how that is done, I’ll leave it to legal eagles. 2026-04-10T06:04:22Z https://yabu.me/nevent1qqsysrt0ht2qmat78l3w27ztcyqjwndxyaxhxj3zu27tgwun9ethhrszyr6zf9usaasf5rld22a3eugl48x7kf2j93x7kx4ykutuqqj0298kc3jy0w8 This so good, I couldn’t help but toot it. I never learned sign language but I applaud this school for making it available to students.<br/><br/><a href="https://www.abc.net.au/news/2026-03-21/auslan-proves-popular-at-canberra-school/106479324">https://www.abc.net.au/news/2026-03-21/auslan-proves-popular-at-canberra-school/106479324</a><br/><br/>#AUSLAN 2026-03-20T23:44:03Z https://yabu.me/nevent1qqsw7vwxexcwqu78x00l94u9rju3lwwjqjut5fzjqlmz8fa69pmdaaqzyr6zf9usaasf5rld22a3eugl48x7kf2j93x7kx4ykutuqqj0298kc7y7nd7 In reply to <a href='/nevent1qqsp3qg4eqe4s8snmy0ks82yvlf49q8pssmdg9ntfxnm36k463thuzq6qa0ae'>nevent1q…a0ae</a><br/>_________________________<br/><br/>Tim models himself (knowingly or not) on the demented raving #tRump. Tim Wilson spruiks lies, mistruths, untruths, disfinformation and misinformation if he thinks it will get him what he wants and in that he is as a narcissist as his role model is. Shame on msm for giving him airtime. 2026-03-01T03:25:04Z https://yabu.me/nevent1qqst5ealuj0e2jytyw5feemggchrljcm3c7ujxl8q23f23x85qa6p9szyr6zf9usaasf5rld22a3eugl48x7kf2j93x7kx4ykutuqqj0298kc8jjpq4 In reply to <a href='/nevent1qqs87x24vz6ctvkvv9tn804cw86gfuvw73t4r02fqqella46kl5xrdcvjxm4h'>nevent1q…xm4h</a><br/>_________________________<br/><br/>Don’t forget that there is heaftly anount of funds being cross-invested in all things GenIA and datacentres. From the little I have read or know about (very little), this is what makes the #AIBubble so dangerous, non-bank loans, cross-investments within the AI Markets and the #AssetBubble that data centres represent when GenAI fails to deliver the golden eggs. So, I wouldn’t discount NVidea’s exposure. 2025-11-20T07:26:16Z https://yabu.me/nevent1qqsv7qnwew5dygml5d09w3s9l8kckmm5252ln4rpcqfn66257eprj6czyr6zf9usaasf5rld22a3eugl48x7kf2j93x7kx4ykutuqqj0298kc63dzwk In reply to <a href='/nevent1qqsdwphfdgcxck4fkucj6wzyhcf6we6hy6cesvvdkswzgmgz82lmfggx6qh0a'>nevent1q…qh0a</a><br/>_________________________<br/><br/>You are making a whole lot of assumptions here in this toot. I just hope it is not aimed at anyone here.<br/>Otherwise, I take your point. 2025-06-28T06:30:30Z https://yabu.me/nevent1qqs0x394w5tgp75n39z70vkd29wmny5r4jr3g8w7mm4er0e3cu3ng5szyr6zf9usaasf5rld22a3eugl48x7kf2j93x7kx4ykutuqqj0298kcngt6pu In reply to <a href='/nevent1qqs9m3mzdart7wx5w6a7xyw0l5c45gfdp6wyr9qpu3dr34rq26sg3fqz4e4n3'>nevent1q…e4n3</a><br/>_________________________<br/><br/>Agreed, though unlikely to occur.<br/>Maybe if Union m’ship went through the roof, it might generate enough electoral funding for Labor to forgo any other. Again, unlikely. <br/><br/>The only other way is through Electoral Reforms, but here we’ve seen the current duopoly system entrenched further with the wrong political funding policies. <br/><br/>Sry. No hope anywhere. Not even on the horizon. It is what it is and the voters need to sort it out because no one else will. <br/><br/>#AusPol 2025-05-04T01:17:11Z https://yabu.me/nevent1qqszewhqtttpk4d05pc9jxxy5gwrxreyl7au472t89lxt778q8pl6wgzyr6zf9usaasf5rld22a3eugl48x7kf2j93x7kx4ykutuqqj0298kcwfguvt In reply to <a href='/nevent1qqsg5l8je67ctpx6afg54svqthac0yww73kn49jav00huw9rk6kmw9c5cmd7s'>nevent1q…md7s</a><br/>_________________________<br/><br/>I get that frustration feeling… been experiencing it since Abbott got the job. LOL 2025-05-04T00:57:40Z https://yabu.me/nevent1qqsf3zv7nreaq2smafyqn4qnxwyfcpphl5paualkeejet58sy4n73kszyr6zf9usaasf5rld22a3eugl48x7kf2j93x7kx4ykutuqqj0298kc0e3yg3 In reply to <a href='/nevent1qqsd6475axe6n5dngpnep5ysnlkk5k2ytydedyrh3ucelshm00cxxvqc356kg'>nevent1q…56kg</a><br/>_________________________<br/><br/>SImilar story in Australia where the tertiary sector was modelled on the UK minor universities model.<br/><br/>Prof John Quiggin (UQ) wrote a paper on the issues facing Australian Universities and suggested the Californian model as a way forward: <br/><br/><a href="https://australiainstitute.org.au/report/reforming-university-governance-in-australia/">https://australiainstitute.org.au/report/reforming-university-governance-in-australia/</a> 2025-05-01T07:11:26Z https://yabu.me/nevent1qqs0667zasuz2g9mwrtu2tr7h0x9hnt8vw2zneh627u8264a7vtm80gzyr6zf9usaasf5rld22a3eugl48x7kf2j93x7kx4ykutuqqj0298kc54funr In reply to <a href='/nevent1qqszfudtwenuxzz6hq9g63ckn6muuqm0rlwlr87vl74nlzjehvszvlcrr5xac'>nevent1q…5xac</a><br/>_________________________<br/><br/>Good gracious… you can’t let the US get anywhere near health systems, they’re so jealous of any passibly working systems they are compelled to destroy them completely (after stripping assets and bleeding State support dry) before scarping off. Why would the UK even consider the idea? 2025-02-27T21:36:01Z https://yabu.me/nevent1qqs8ld5l3hxkcnuthsdvgteey038rwm93eqvx4uvtrn28x28y45dsyqzyr6zf9usaasf5rld22a3eugl48x7kf2j93x7kx4ykutuqqj0298kcqeeqe9 In reply to <a href='/nevent1qqsg6fujx8ygyeswtxhr96xycchcjs4w2uq6det293m3l9ajn8w42zg8mpyys'>nevent1q…pyys</a><br/>_________________________<br/><br/>Let’s be specific here… Let’s blame ‘grifters’ of all generations. I can’t see an ex-miner #boomer being responsible for this #neoliberaism quackery, nor an ex-factory boomer being responsible for #globalisation and #deregulation of markets. Those boomers responsible for the origins of the economic catastrophe we are living with had plenty of disposable income when the Chicago School of Economics produced their shit theories. <br/><br/>/end_of_rant 2025-02-19T07:28:34Z https://yabu.me/nevent1qqs0dsrayjzjssdgwgprtzwtpgewtpmqc3ssjvuanpa6zyfc8l9g6pqzyr6zf9usaasf5rld22a3eugl48x7kf2j93x7kx4ykutuqqj0298kcyessu0 In reply to <a href='/nevent1qqs8sz4qc0p76f2ea8yr2kf668spp9rp342k99pln5j4q0anzazu2scvm705g'>nevent1q…705g</a><br/>_________________________<br/><br/>will the UK ever recover from this monumental mistake? 2025-01-31T08:11:13Z https://yabu.me/nevent1qqsqrwzhxj7cp2l7yputn8xpvrklt8zaas6npcgqukdzlmljqdk9npczyr6zf9usaasf5rld22a3eugl48x7kf2j93x7kx4ykutuqqj0298kckuatc4 In reply to <a href='/nevent1qqszkh5rk8xm6r8nmlvaka6rqp3zvpmugvg065zcv4svs6ekun9qhvc2lwkj5'>nevent1q…wkj5</a><br/>_________________________<br/><br/>I guess it is about terminology. In my mind, I do not equate productivity increases due to improved equipment and processes with ‘workers’ since they have no capital ($) invested in this (unless they are shareholders). If production equipment is old and poorly maintained (due to insufficient investment by the owners in the machinery of production) or if workers are forced to abide by outdated and inefficient processes (due to a capitalist’s unwillingness to update them for various reasons), there is little the workers can do to ‘increase productivity’. Indeed, due to a lack of capital investments in the propertied means of production, the workers are likely to become just as inefficient as the equipment and processes, suffer increasing health problems, etc. <br/><br/>Ergo, a four day week must be accompanied by judicious capital investments to modernise the equipment and processes of production. Only then will productivity gains be realised. IMHO. <br/><br/>Or are we talking at cross-purposes here? 2025-01-20T07:43:55Z https://yabu.me/nevent1qqspgzvtzdej5p3m2vmvzt4ddmrkdf9v87qj9s3s6gecqa2h7u30xvczyr6zf9usaasf5rld22a3eugl48x7kf2j93x7kx4ykutuqqj0298kcw9sdlu In reply to <a href='/nevent1qqsvuv9fsut5nj5aew0r7mk8x4z8dnfvjed4kfmdhjdr98n6eq4u98crwvvgj'>nevent1q…vvgj</a><br/>_________________________<br/><br/>We need a definition of ‘productivity’. In an economic sense it could just means capital reinvestment in the material means of production or production processes, not much to do with workers per se. What is the definition of ‘productive’ in this instance? 2025-01-20T06:55:27Z https://yabu.me/nevent1qqs8qz4z5n6fywt77h3u392clhhj5u4q2q2fyh0vpwksy0lqtar2znqzyr6zf9usaasf5rld22a3eugl48x7kf2j93x7kx4ykutuqqj0298kc6t6uq2 In reply to <a href='/nevent1qqsyfd26npr9zyvc3c4n6u2cy4p8dk7e5tu29256x3yhsl2eres4j8cgj9c66'>nevent1q…9c66</a><br/>_________________________<br/><br/>It may be a comedy/parody but there are some serious subtexts in that show. I enjoyed it. 2024-11-22T04:16:14Z https://yabu.me/nevent1qqsdclpze5l34gh46kwav7a6gfu80wh0xualm835x4x3s9pqr0myrpczyr6zf9usaasf5rld22a3eugl48x7kf2j93x7kx4ykutuqqj0298kc664g6d In reply to <a href='/nevent1qqsylrd7eacvkzduw35ntuw5r6q9t77wa9et2fpxgu2slne0ghpza6gahnma6'>nevent1q…nma6</a><br/>_________________________<br/><br/>Love that smile, says a lot about what she thinks of the orange man. 2024-09-11T01:45:44Z https://yabu.me/nevent1qqsgwccg2jg4h73cykesm72ra529wdcvwuw50pux95vwy6d5frfqlwczyr6zf9usaasf5rld22a3eugl48x7kf2j93x7kx4ykutuqqj0298kc0u2l3d In reply to <a href='/nevent1qqswmp4rqjpul6vkwl39levvz9g5v4camym45823ncsxrm27a0au0wcs3nsqv'>nevent1q…nsqv</a><br/>_________________________<br/><br/>How was the burger? 2024-09-06T02:06:47Z