Kate Jackson

Kate Jackson

@katejackson.bsky.social

Prof at a regional midwest public law school. Political theory, corps & admin. 🧶👽👾🧙🏽‍♀️🦅🎮 My views are my own. SSRN author page https://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=3568227 https://open.substack.com/pub/kvjack1

15.7K followers6.1K following4.3K posts

Another fun thing that’s happening is that when they *do* have to sell shares, they get their companies to change the votes attributed to the shares they keep. Then they can maintain control. This insider dealing used to be sus under Delaware law until Elon et al got the DE legislature to change it

Jen Taub@jentaub.bsky.social

“Billionaires who popularized stock-based lending include Larry Ellison and Elon Musk. Both borrow to avoid having to sell shares—which could trigger a taxes and dilute their voting rights—in companies they founded.” www.wsj.com/finance/the-...

Kate Jackson reposted

Here's your weekly helping of Beau & Tell Scholarship with references to @katejackson.bsky.social @mtokson.bsky.social and others! I highly recommend Kate's new substack and Matt's tremendous (albeit bleak) new paper on "Near-Total Law Enforcement".

bbaumann.substack.comBeau & Tell Scholarship Roundup October 26, 2026Authoritarian legality, constitutional pluralism, institutional power, financial regulation, and Law and Political Economy.

one of the (many) things that frustrates me about discussions about AI and legal practice is that everyone seems to assume that law consists entirely of a particular kind of reasoning, and the only way to critique the practice of law (and ergo AI's role in it) is whether the reasoning is "right."

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If we outsource law and politics to AI agents, what we end up with is some kind of artificial philosopher king. This king may be very wise. Sure. But it’s not constitutional liberal democracy.

Kate Jackson reposted

A new survey of 1,000 American adults found that the strongest supporters of transgender sports bans are not the people who admire women most: they are the people who hold the most hostile views about women. www.helenwebberley.com/news/transge...

helenwebberley.comAre transgender sports bans really about protecting women? | Dr Helen WebberleyThe data says no. Those most hostile to women are most in favour of banning trans athletes.

I do not think it is an accident that gambling has come to be referred to as legitimate “investment” at the same time the valuation of companies (and currency!) has become so bizarre. This “reification” of speculation, of paying $x in the hopes of someday getting $y,

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I do not think it is an accident that gambling has come to be referred to as legitimate “investment” at the same time the valuation of companies (and currency!) has become so bizarre. This “reification” of speculation, of paying $x in the hopes of someday getting $y,

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Or you could maybe say that capitalism, after it gobbled up the real material world, is now colonizing the world of our imaginations, creating capital assets out of thin air via the use of legal technology. So the “asset” we’re investing in…

I do not think it is an accident that gambling has come to be referred to as legitimate “investment” at the same time the valuation of companies (and currency!) has become so bizarre. This “reification” of speculation, of paying $x in the hopes of someday getting $y,

View full thread

You could look at the underlying power structures and see how this gamblification of finance helps consolidate the wealth and power of elites - like the trillionaires who become and stay trillionaires because of retail investors’ willingness to speculate

You could look at the ideology of finance, where stock markets were meant to replace product market competition: industry concentration meant that the efficiency of production could no longer be guaranteed by price competition, so stockholders would force cost-cutting and innovation instead

I do not think it is an accident that gambling has come to be referred to as legitimate “investment” at the same time the valuation of companies (and currency!) has become so bizarre. This “reification” of speculation, of paying $x in the hopes of someday getting $y,

You could do some psychoanalysis and say it’s a response to precarity and insecurity; the trillionaires make their money in “the markets”, why can’t everyone else do it, too?

one of the (many) things that frustrates me about discussions about AI and legal practice is that everyone seems to assume that law consists entirely of a particular kind of reasoning, and the only way to critique the practice of law (and ergo AI's role in it) is whether the reasoning is "right."

View full thread

They’re not black market mercenaries. They are licensed according to rules determined by public lawmaking processes. Why? They also play a crucial role in lawmaking! That’s what the common law is.

Many of my colleagues will roll their eyes at this sort of argument - I’m just a Luddite who thinks humans are magical snowflakes who have some kind of special access to “the best” kind of reasoning, creativity, etc. while this may or may not be true, it’s not my point. My point is that

one of the (many) things that frustrates me about discussions about AI and legal practice is that everyone seems to assume that law consists entirely of a particular kind of reasoning, and the only way to critique the practice of law (and ergo AI's role in it) is whether the reasoning is "right."

View full thread

Attorneys, “officers of the court,” likewise play public roles. Sure, they oftenlook like hired guns in our common law adversarial system, but that’s not all they are.

They likewise represent everybody in upholding, shaping, and following the law - in a way that can’t be boiled down without remainder into “legal ethics”

one of the (many) things that frustrates me about discussions about AI and legal practice is that everyone seems to assume that law consists entirely of a particular kind of reasoning, and the only way to critique the practice of law (and ergo AI's role in it) is whether the reasoning is "right."

View full thread

I think we *have* to figure this out - whether the role of human authority is at all constitutive of what law *is.* because many of the folks peddling AI are very much engaging in a political project that anticipates dismantling liberal constitutional democracy.

My instinct is to say that legal authority relies crucially on human involvement. Else, why else do we fight so bitterly over who will occupy judicial offices? Judges are representative lawmakers camouflaged in robes. Their authority is inextricably entwined w/ democratic collective self-governance

one of the (many) things that frustrates me about discussions about AI and legal practice is that everyone seems to assume that law consists entirely of a particular kind of reasoning, and the only way to critique the practice of law (and ergo AI's role in it) is whether the reasoning is "right."

View full thread

Imagine an algorithm that can accurately assess what every citizen thinks on a particular matter of policy. Instead of having elections, we just run the algorithm. Is this democracy? Or does democracy require the actual sharing of power by everyone - apart from what those members think

For instance, if you take the etymology seriously: power (kratos) & people (demos) implies that all citizens share in power. Commonly this is cashed out with something like universal voting rights. The “public will” that we extrapolate from the outcome of elections is sort of besides the point

Kate Jackson reposted

Hey everyone, gather around! Elon Musk, the trillionaire defense contractor currently spending >$400m on political campaigns to prop up the party of a deeply unpopular president who launched the Iran War has some thoughts about Ukraine, elites, and money in politics.

one of the (many) things that frustrates me about discussions about AI and legal practice is that everyone seems to assume that law consists entirely of a particular kind of reasoning, and the only way to critique the practice of law (and ergo AI's role in it) is whether the reasoning is "right."

View full thread

Imagine an algorithm that can accurately assess what every citizen thinks on a particular matter of policy. Instead of having elections, we just run the algorithm. Is this democracy? Or does democracy require the actual sharing of power by everyone - apart from what those members think

If a legal system likewise requires human beings assuming legitimate authority as they make judgments that bind other human beings, then the entire conversation about AI and the law is completely off the rails.

one of the (many) things that frustrates me about discussions about AI and legal practice is that everyone seems to assume that law consists entirely of a particular kind of reasoning, and the only way to critique the practice of law (and ergo AI's role in it) is whether the reasoning is "right."

If, on the other hand, you think human involvement in the law plays a more constitutive role in a legal system, the entire conversation is kindof a waste of time. Perhaps an example will help illustrate what I mean:

Kate Jackson reposted

Woah - boards of service in the Marines and the Navy are ignoring Donald Trump and Pete Hegseth's order to purge transgender troops from the military. "Navy and Marine Corps boards have voted to retain trans members in nine of 12 cases." www.nytimes.com/2026/10/23/u...

nytimes.comMilitary Boards Are Defying Orders and Letting Trans Troops Serve (Gift Article)The service members at Navy and Marine Corps hearings are finding ways to keep trans troops in uniform.
Aaron Rupar@atrupar.com

Trump: "Ramaswamy put up a very powerful Ad about a mother saying that her daughter, Acton, is a liar, and much worse. The Press is trying to get him to 'take down the Ad.' Frankly, anybody whose mother spoke about daughter that way would normally lead to the daughter being precluded from serving"

Kate Jackson reposted

Oh huh. Jared is a ME asset. Or was, before he didn't protect his paymasters from Iran. [Note, the name of Tom Barrack is not in this piece, but he would be central to this arrangement, which is probably why he was so sure Trump approved of his own graft.] www.vanityfair.com/story/jared-...

vanityfair.comThe Art of the Deal: Jared Kushner’s Hacked Phone Revealed More Than $700 Million in TransfersAn exclusive excerpt from ‘Princes and Thieves: Jared Kushner and Mohamed bin Zayed’s Secret Plot to Remake the Middle East’ examines how bank accounts linked the president’s son-in-law—and former sen...

One of the obnoxious ramaswamy ads infecting my YouTube feed is about Amy Acton is weak because she “broke down and cried” during Covid. He’s helpfully just proven to us how much of a bad bitch badass she actually is.