Michael Roberts on why 'Rentier Capitalism' is a misleading understanding.
EU companies: a ‘capitalism of rent’? – Michael Roberts Blog
https://thenextrecession.wordpress.com/2026/07/20/eu-companies-a-capitalism-of-rent/
Yep, sounds familiar. I can remember some genuinely terrifying landings. (it has been too long since I last flew in to Wellington, alas)
https://www.theguardian.com/world/2026/aug/20/weather-el-nino-nz-wellington-worlds-windiest-city
Bank accounts held by President Donald Trump were closed by Capital One in 2021
-- after it flagged financial activity that had characteristics of money laundering, the bank disclosed in a court filing over the weekend.
The court filing is tied to a lawsuit filed against Capital One by one of Trump’s financial holding companies shortly after he was sworn into office a second time.
Trump alleges that Capital One illegally closed his accounts for political reasons, following …
Filing: Roelof Botha has joined the board of SpaceX as an independent director, seven months after stepping down as Sequoia steward (Allie Garfinkle/Fortune)
https://fortune.com/2026/06/17/paypal-
DC-area weather site Capital Weather, formerly the Capital Weather Gang, relaunches as an independent operation, after a partnership with WaPo from 2008 to 2026 (Liam Scott/Washington Post)
https://www.washingtonpost.com/dc-md-va/2026/06/09/cap…
#CapitalOne Cites Money Laundering Review in #Trump-Related Suit https://finance.yah…
To help myself counteract feelings of inevitability and permanence around capitalism, I've just confirmed the following observation:
The period of time during which dance manias were known to occur is far longer than the period of time in which modern industrial capitalism has existed. I wonder of historians will one day compare these two brief interludes of contagious self-destructive madness.
#anarchism #DDR
Roughly a quarter of legislators on Capitol Hill have traded individual stocks this term,
with some buying and selling millions of dollars in shares.
Since the start of this term in January 2025, members and their families have collectively traded $160 million to $664 million in individual stocks,
according to a New York Times analysis of data collected from members’ required financial filings by 2iQ Research, an analytics firm.
Members are required to disclose their…
Filing: ex-a16z partner Bryan Kim is forming venture firm Mido Capital; sources: he plans to raise ~$100M for a fund backing early-stage AI and other startups (Yuliya Chernova/Wall Street Journal)
https://www.w…
Filing: Polymarket is seeking CFTC approval to offer margin trading in the US, a move that would let users bet on events with less capital upfront (Bloomberg)
https://www.bloomberg.com/news/articles/2026-07-09/polymarket-seeks…