Meanwhile, Spain's massive investment in renewables is paying dividends now: with prices for Spanish industry and consumers low and stable compared with other European economies.
www.ft.com/content/ac77...
📣 Publication day! The first paper from my project on Europe’s EV battery roll-out is finally out
I unpack how the EU’s EV battery boom is entangled with sacrifice zones—investment in Serbia & Hungary de-risked through autocracy.
www.cogitatiopress.com/politicsandg...
Huge congrats. Can’t wait to read.
New from Picketty's lab: The world can raise incomes toward global equity & stabilize the climate under "under very strict conditions"
—reduction of work hours
—consumption shift toward immaterial sectors
—major change in food habits
—a fast energy transition requiring massive low-carbon investment
What a day to cover this topic.
Short version: Financial hegemony is when you don't need to start wars to get what you want; and also when, if you 𝘥𝘰 start a war*, your borrowing cost goes down and your currency goes up.
* Which you'll be tempted to start one regularly.
Big congrats, Rosie!! Incredibly insightful contribution and helpful for us all.
I have a new review paper out in @environmentalpol.bsky.social! ✨
What would it actually take for states to pursue green transformations? I identify 5 capacities — planning, disciplinary, strategic, legitimation and adaptive — and their respective policy elements, capabilities and institutions
New piece for @phenomenalworld.bsky.social, written with @jacktaggart.bsky.social and @tomchodor.bsky.social! It's an attempt at grasping the dismantling of multilateral global governance, in light of intensifying geopolitical rivalries, resurgent state capitalism, and hegemonic crisis. Link below:
This WSJ story about a Chinese auto-glass plant in Ohio is interesting less as a China story than as a window into the challenges of U.S. industrial policy going forward. 1/
www.wsj.com/business/tar...
New definition of sovereignty dropped
Thanks, Ilias!
New article out in Politics & Society with @danieldrisc.com and @maxkiefel.bsky.social : "Internationalizing Industrial Policy: How China and the United States Use State Capacity to Secure Critical Minerals for Electric Vehicles"
journals.sagepub.com/doi/10.1177/...
Failed in exactly the sense you say: politically. Emphasis is just that military power is a well-worn and politically comfortable lever. That's all. Hope you're well btw, its been good to see your work spread since we met a couple years ago.
Thanks for the brilliant feedback, my friend :)
Thanks Rosie!!
🚨 The political economy of finance summer school is back, 3rd year running! Better still: We're bringing it to London via @lse-ei.bsky.social.
𝐓𝐨𝐩𝐢𝐜: Finance & democracy
𝙳̲̲𝚊̲̲𝚝̲̲𝚎̲: 4-5 June 2026
𝘈𝘱𝘱𝘭𝘪𝘤𝘢𝘵𝘪𝘰𝘯 𝘥𝘦𝘢𝘥𝘭𝘪𝘯𝘦: March 1. Link below.
We've got brilliant instructors as usual. Please spread the word!
Big intellectual debt to your work!
Perhaps of interest @maxwillems.bsky.social @advaitarun.bsky.social @thoatley.bsky.social @jeffcolgan.bsky.social @mattomildenberger.bsky.social @leahstokes.bsky.social
Perhaps of interest @rosiecollington.bsky.social @trgn.bsky.social @basakkus.bsky.social @annahehenberger.bsky.social @lenseabrooke.bsky.social @mazzucatom.bsky.social @christianelliott.bsky.social @bhbradlow.bsky.social @bentleyallan.bsky.social @luukschmitz.bsky.social
Perhaps of interest @nilskupzok.bsky.social @mbabic.bsky.social @iliasalami.bsky.social @katemcnamara.bsky.social @jonasnahm.com @toddntucker.com @triofrancos.bsky.social @senojerialc.bsky.social @danmertens.bsky.social @timoseidl.bsky.social @adamtooze.bsky.social @johannespetry.bsky.social
Huge thanks to @mkblyth.bsky.social @palmapolyak.bsky.social for amazing comments. Big inspiration in this one from @thepolycrisis.bsky.social @katemac.bsky.social @70sbachchan.bsky.social @thunen.bsky.social
Note that recently the US, after the finance lever failed to secure reliable supplies, has increasingly pulled the military lever (real or threatened). Venezuela & Greenland show the stakes.
In this piece, we argue that China and the US both leverage their large market shares to project industrial power globally, but in ways that utilize their unique comparative advantages. See the table below for a summary.
We've all been witnessing large economies extend their reach globally to secure the critical minerals that are essential for electric vehicles, semiconductors, defense technologies, and more.
🚨New piece in Politics & Society! w/ @maxkiefel.bsky.social @mathiaslarsen.bsky.social
Internationalizing Industrial Policy: How China and the United States Use State Capacity to Secure Critical Minerals for Electric Vehicles 🇨🇳 🇺🇸
doi.org/10.1177/0032...
Alison Luchs, who has worked at the National Gallery of Art for 47 years, agreed to learn Gen Z slang and make videos because she wanted to raise interest in the museum’s art.
She never expected to slay. https://wapo.st/45BXc3S
Good to see this out! Congrats Milan
while the richest person on the planet cannot shut up about satellites, we mere mortals (w. @joschabels.bsky.social) are left to study the pesky cables here down on earth in the mud (or rather on the seabed).
Check what we found out in our new open access paper in Globalizations: lnkd.in/ep4q94XK
This law group led by @rickpildes.bsky.social had me write for their 100 Ideas series on US democracy
My idea: the rule of law cannot coexist with this level of wealth concentration. Once Musk, Bezos, Zuck, & a few others bend the knee, the authoritarian consolidates too much power
1. Look, there are basically just two ways to run the global oil market: petro-imperialism and petro-consumerism. Historically USA has embraced both, varying over time. The attack on #Venezuela is a return to naked petro-imperialism. Thread.
