Grace Blakeley

Grace Blakeley

@graceblakeley.substack.com

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39.4K followers1.1K following907 posts

The UK economy has been stuck in a slow-moving crisis for 18 years. Wages have stagnated, prices have risen and basic services have been cut – giving rise to a widespread sense that everything is getting worse. If Burnham doesn’t respond, Reform will benefit. substack.com/home/post/p-...

substack.comThe UK’s Slow-Motion Crisis Demands a Rapid-Response BudgetStagnant wages, rising prices and cuts to services – no wonder there’s a widespread sense that everything is getting worse. Will tomorrow’s Budget grapple with the scale of the problem? Unlikely.

Grace Blakeley reposted

This is an essential message, repeated in all walks of life: '[Journalists] see their job as reporting on the actions of individuals, not analysing the social structures that force some people onto the streets in protest while others flee the scene in private jets.' We need more #OUTSIGHT!

Grace Blakeley@graceblakeley.substack.com

You’ll have heard a lot about violence among French protestors. You’ll hear very little about the violence committed by French police against the protesters. And you’ll hear almost nothing about the violence of austerity. This is not a coincidence. graceblakeley.substack.com/p/class-war-...

You’ll have heard a lot about violence among French protestors. You’ll hear very little about the violence committed by French police against the protesters. And you’ll hear almost nothing about the violence of austerity. This is not a coincidence. graceblakeley.substack.com/p/class-war-...

graceblakeley.substack.comClass War in France – And the Media Still Ask All the Wrong QuestionsAs protests erupt across France, you’ll hear almost nothing about police violence, or the extreme violence of austerity.

Grace Blakeley reposted

Today's decision by Labour to approve new drilling in the North Sea is climate vandalism. It's a betrayal of all of our futures, and Labour has abandoned all credibility in the fight against climate change. This is a victory for Shell over the people. www.bbc.co.uk/news/live/cw...

bbc.co.ukUK government approves Jackdaw gas field, and says production will start this month - follow liveActivists say approving the gas field will raise carbon emissions - while the developers argue it is important for the UK’s energy security.

Grace Blakeley reposted

Back before 2008, a few savvy investors realised the bubble was about to burst, and purchased credit default swaps that would pay out when it did. Today, there's a surge in CDS trading again - this time, linked to the debt of the big tech companies. graceblakeley.substack.com/p/the-big-sh...

graceblakeley.substack.comThe Big Short, AI editionInvestors are buying protection against an AI bust, just like they did with mortgage-backed securities before 2008...

Grace Blakeley reposted

“You’ll hear very little about the violence committed by French police against the protesters and you’ll hear almost nothing about the violence of austerity.” @graceblakeley.substack.com on France’s protests, cost-of-living crisis and the questions the media aren’t asking. zeteo.uk/p/class-war-...

Grace Blakeley reposted

In September, Swedish voters defeated a governing coalition that the far right had propped up. But the Center Party is now blocking a new government because it wants to keep Left Party ministers out of the cabinet.

jacobin.comSweden’s Left Faces a Political DeadlockIn September, Swedish voters defeated a governing coalition that the far right had propped up. But the Center Party is now blocking a new government because it wants to keep Left Party ministers out of the cabinet.

Grace Blakeley reposted

BREAKING: Award-winning game developer House House refuses to release new game “Big Walk” on Microsoft’s Xbox over Microsoft’s complicity in Israel’s genocide against Palestinians.

Grace Blakeley reposted

The latest Sword of Damocles we’re living under!

Grace Blakeley@graceblakeley.substack.com

Profits generated by AI firms in one part of the global economy are being sucked into US equity markets, fuelling the boom even further. This kind of circularity is typical of periods of overaccumulation - and these tend to end in globe-spanning crises. graceblakeley.substack.com/p/the-ai-mon...

Profits generated by AI firms in one part of the global economy are being sucked into US equity markets, fuelling the boom even further. This kind of circularity is typical of periods of overaccumulation - and these tend to end in globe-spanning crises. graceblakeley.substack.com/p/the-ai-mon...

graceblakeley.substack.comThe AI money loopThe AI boom has brought back the global imbalances that fuelled the financial crisis. Plus, SoftBank’s bet on the Gulf, and the call centre workers in Manilla losing their jobs to chatbots.

Grace Blakeley reposted

Yes, we can & must resist the hegemonic control big tech & AI portends. ✊

Grace Blakeley@graceblakeley.substack.com

"From the AI bust, a new set of Mega Big Tech companies will emerge. These companies would not just control markets – they would control entire societies. They would be hegemonic. The ultimate capitalist planners." graceblakeley.substack.com/p/big-tech-w...

Grace Blakeley reposted

"The Manchester City Scandal Is About Much More Than Football" This is not just a story of cheating in sport. It is a story that reveals the venality of our own government and the limits of British democracy, writes @graceblakeley.substack.com for Zeteo UK:

zeteo.ukThe Manchester City Scandal Is About Much More Than FootballThis is not just a story of cheating in sport. It is a story that reveals the venality of our own government, the thin line between the state and capital, and the limits of British democracy.

Grace Blakeley reposted

Here's something the media is hardly talking about. This Government is set to oversee the steepest fall in living standards in modern times - unless they change course fast. In less than two weeks Labour faces a stark choice - will they tax wealth and back the majority?

Grace Blakeley reposted

Previously unseen lobbying shows the oil and gas industry is misleading government on North Sea drilling. For now, it looks like Burnham is listening to them. Only a Green win tomorrow will force them to listen to us. New analysis from Influence Map 👇

From the AI bust, a new set of Mega Big Tech companies will emerge – with even more power than they currently command. These companies would not just control markets – they would control entire societies. They would be hegemonic. The ultimate capitalist planners. open.substack.com/pub/zeteouk/...

open.substack.comWhen the AI Bubble Bursts, Big Tech Will Be Scarier Than EverThe AI bust will be a crucial moment in the history of capitalism. Big tech is organised enough to benefit from the concentration of power that will follow – we need to get organised enough to resist.

"Trump is now losing support from two directions. He is losing independent and moderate voters over his terrible handling of the economy; and he is losing much of his base over issues like corruption, corporate capture, and his assaults on civil liberties." substack.com/home/post/p-...

substack.comTrump Is Losing on Two FrontsThe war with Iran has wrecked his promise on affordability, and the coalition that carried him in 2024 is starting to come apart.

Grace Blakeley reposted

One from last yr but still supa-relevant as our societal despair increases. Always good thought-food from @graceblakeley.substack.com My fave quote from this article “Work No Longer Pays – but Wealth Does” a society will never flourish on those terms no matter how many migrants u blame.

Phil Free@philfree.bsky.social

“Economic participation has become a trap, leaving people stuck between low pay, astronomical housing costs, collapsing public services, & the disappearance of meaningful social connection.” Generation Despair - @graceblakeley.substack.com graceblakeley.substack.com/p/generation...

Grace Blakeley reposted

“Economic participation has become a trap, leaving people stuck between low pay, astronomical housing costs, collapsing public services, & the disappearance of meaningful social connection.” Generation Despair - @graceblakeley.substack.com graceblakeley.substack.com/p/generation...

graceblakeley.substack.comGeneration DespairWork doesn’t pay, housing is out of reach, and life has been enshittified — why should young people keep propping up a system rigged against them?

Grace Blakeley reposted

NEW: DHS agents tracked people observing ICE arrests, photographed them, ran their plates, pulled personal information, and added them to a Palantir database, according to newly unsealed court filings. w/ @regret.bsky.social

wired.comICE Has Been Dumping Protester Photos Into a Palantir DatabaseDHS agents not only tracked and intimidated people observing ICE activity in Maine, but stored information about them in a Palantir-built database, newly unsealed court filings say.

Grace Blakeley reposted

Grace Blakeley reposted

Not just the UK, sadly. This is a coup of western democracies by mentally ill tech billionaires with Bond Villian agendas.

Grace Blakeley@graceblakeley.substack.com

This story is about so much more than one man and one company. It’s about the corruption of our British democracy through the subtle intermingling of the financial and political interests of our political class and the world’s most powerful corporations. open.substack.com/pub/zeteouk/...

Grace Blakeley reposted

"Why Is a Labour Lord Now Paid by Palantir – and What Does it Mean For Our Democracy?" Ex-Labour deputy leader Tom Watson just got hired by a controversial US tech company seeking taxpayer-funded state contracts. @graceblakeley.substack.com for Zeteo UK on the corrupting of our politics:

zeteo.ukWhy Is a Labour Lord Now Paid by Palantir – and What Does it Mean For Our Democracy?Ex-Labour deputy leader Tom Watson just got hired by a controversial US tech company seeking taxpayer-funded state contracts. The intermingling of politicians and corporations corrupts our democracy.

Grace Blakeley reposted

"The sense of economic decline that drives support for the far-right is real. But it is not caused by migrants. It is caused by the greed of capital." @graceblakeley.substack.com is right. As I argue in ANTI FASCIST ECONOMICS, that's why only an economics of essentials can turn the tide.

Grace Blakeley@graceblakeley.substack.com

The far right is winning because people are scared for the future. The left has to combat this fear head on by showing that decline is not inevitable. Another world is possible - but only if we can take on the power of capital. Me for @euractiv.com www.euractiv.com/opinion/econ...

Grace Blakeley reposted

This story is about so much more than one man and one company. It’s about the corruption of our British democracy through the subtle intermingling of the financial and political interests of our political class and the world’s most powerful corporations. open.substack.com/pub/zeteouk/...

open.substack.comWhy Is a Labour Lord Now Paid by Palantir – and What Does it Mean For Our Democracy?Ex-Labour deputy leader Tom Watson just got hired by a controversial US tech company seeking taxpayer-funded state contracts. The intermingling of politicians and corporations corrupts our democracy.

Grace Blakeley reposted

When solidarity with Palestinians becomes something to be feared, fear itself becomes part of the landscape. We are not talking about an abstract idea; we are talking about people living through genocide, and then being asked to remain silent out of fear that their

Grace Blakeley@graceblakeley.substack.com

"The state is trying to reframe Palestinian solidarity as terrorism. The aim is to create an environment of fear. " Really important guest post this week from Liam Mullany - one of the Filton 25. Well worth a read. graceblakeley.substack.com/p/the-state-...