Steve Randy Waldman
@interfluidity.com

what if he doesn’t defy the Supreme Court because this Court defers to him and gives him whatever he wants (perhaps withholding a few tokens for a fig leaf of independence). is our democracy not at risk then?

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Steve Randy Waldman
@interfluidity.com

we really need alternatives to corporate mass media that aren’t corporate social media.

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Steve Randy Waldman
@interfluidity.com

i remember when every day had a main character rather than a main catastrophe.

Steve Randy Waldman
@interfluidity.com

i haven’t read “Abundance” yet, but here’s a bit i wrote when i knew it was coming. drafts.interfluidity.com/2024/09/17/a...

Text:

The core of an abundance agenda, I posit, would be to reshape American capitalism so that overcapacity, rather than capacity nearly fully employed, becomes the norm. At desirable overcapacity, the marginal cost of a new unit would sit approximately at the minimum of firms' marginal cost schedule, well below the level where costs meaningfully rise.

Firms can't do this on their own. Under capitalism, the means of production are in private hands, but production is always a public-private partnership. That firms use public roads and rely upon public regulation does not render our economy socialist.

An abundance economy should rely upon private firms competing aggressively, pursuing pricing power through quality and innovation, rather than by engineering scarcity. But if we want industries to eschew capital discipline, if we want firms to deploy capacity at levels that would undo the pricing power scarce capacity yields, the public sector will have to subsidize capital deployment. Text: The core of an abundance agenda, I posit, would be to reshape American capitalism so that overcapacity, rather than capacity nearly fully employed, becomes the norm. At desirable overcapacity, the marginal cost of a new unit would sit approximately at the minimum of firms' marginal cost schedule, well below the level where costs meaningfully rise. Firms can't do this on their own. Under capitalism, the means of production are in private hands, but production is always a public-private partnership. That firms use public roads and rely upon public regulation does not render our economy socialist. An abundance economy should rely upon private firms competing aggressively, pursuing pricing power through quality and innovation, rather than by engineering scarcity. But if we want industries to eschew capital discipline, if we want firms to deploy capacity at levels that would undo the pricing power scarce capacity yields, the public sector will have to subsidize capital deployment.
Steve Randy Waldman
@interfluidity.com

you only press “sleep” when it is time to wake up.

Steve Randy Waldman
@interfluidity.com

when the executive has discretion over who has “the right to have rights”, then no one has any rights at all.

Steve Randy Waldman
@interfluidity.com

most of the time i like to think that i’m hysterical. then i read the news.

Steve Randy Waldman
@interfluidity.com

was it Patrick Henry who wrote “give me liberty or pay me off”?

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Steve Randy Waldman
@interfluidity.com

the way you reduce Federal interest outlays is you retire debt with wealth taxes.

Steve Randy Waldman
@interfluidity.com

i really hate the conflation of globalism and neoliberalism. neoliberal globalism was a catastrophe. but other globalisms are possible, globalism per se is a mark of freedom and taking pleasure in the variety that springs from the humanity and dignity we share.

Steve Randy Waldman
@interfluidity.com

when you strip away the everything bagel, you may find you are left with white bread.

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Steve Randy Waldman
@interfluidity.com

one thing i’d not have guessed is it’s the rich who’ve decided to burn it all down. recruiting the discontent and fanning the cynicism of the not so rich, sure. but the rich are in drivers’ seat of uprooting the foundations of their own extraordinary lives. great wealth turns people stupid.

Steve Randy Waldman
@interfluidity.com

this by @jamellebouie.net on the not merely unconstitutional but anti-constitutional nature of the Trump administration is excellent. www.nytimes.com/2025/03/19/o...

Link Preview: 
Opinion | Trump Has Gone From Unconstitutional to Anti-Constitutional (Gift Article): Where all this goes is still up to us.

Opinion | Trump Has Gone From Unconstitutional to Anti-Constitutional (Gift Article)

Link Preview: Opinion | Trump Has Gone From Unconstitutional to Anti-Constitutional (Gift Article): Where all this goes is still up to us.
Steve Randy Waldman
@interfluidity.com

NOAA and FEMA “are being unlawfully defunded in a bid to justify privatization. Before Musk and other rentiers seize public assets, they’re deliberately breaking them to ‘prove’ the right-wing myth of public-sector ineptitude.” @kennystancil.bsky.social prospect.org/environment/...

Link Preview: 
Musk’s rampage through government shows us how we can finally close the book on what Trumpism is all about | Osita Nwanevu: Trump, Musk and the Republican party are happily overriding parts of the constitution, and using means of questionable legality to cripple the federal government

Musk’s rampage through government shows us how we can finally close the book on what Trumpism is all about | Osita Nwanevu

Link Preview: Musk’s rampage through government shows us how we can finally close the book on what Trumpism is all about | Osita Nwanevu: Trump, Musk and the Republican party are happily overriding parts of the constitution, and using means of questionable legality to cripple the federal government
Steve Randy Waldman
@interfluidity.com

do most American workers live “paycheck to paycheck”? maybe. it depends what that means. see @mattbruenig.bsky.social www.peoplespolicyproject.org/2025/03/19/h...

Link Preview: 
How Many People Live Paycheck to Paycheck?: A thrillingly ambiguous debate.

How Many People Live Paycheck to Paycheck?

Link Preview: How Many People Live Paycheck to Paycheck?: A thrillingly ambiguous debate.
Steve Randy Waldman
@interfluidity.com

my cat has obtained $44B valuation in sharp turnaround. (i don’t have a cat.)

Steve Randy Waldman
@interfluidity.com

cc @akhilrao.bsky.social

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Steve Randy Waldman
@interfluidity.com

“The reason you should care about this is not that it could happen to you but that it is already happening to others. It is happening to people who, we claim, have rights just because we are human. It is happening to me, personally.” @mashagessen.bsky.social www.nytimes.com/2025/03/17/o...

Link Preview: 
Opinion | There’s a Name for What Trump Is Doing to Trans People: Denationalizing: The message is that we are a threat to the nation. The subtext is that we are not of this nation.

Opinion | There’s a Name for What Trump Is Doing to Trans People: Denationalizing

Link Preview: Opinion | There’s a Name for What Trump Is Doing to Trans People: Denationalizing: The message is that we are a threat to the nation. The subtext is that we are not of this nation.
Steve Randy Waldman
@interfluidity.com

“free speech means i am free to control the speech.”

Steve Randy Waldman
@interfluidity.com

we can’t even solve the alignment problem between massively insured humans and the rest of us. ht @chrislay.bsky.social

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