Paul Langley
@paullangley.bsky.social
Prof. Economic Geography, Durham, UK.
Managing Editor @econsocjournal.bsky.social
Finance, money, FinTech, and more.
https://www.durham.ac.uk/staff/paul-langley/
Managing Editor @econsocjournal.bsky.social
Finance, money, FinTech, and more.
https://www.durham.ac.uk/staff/paul-langley/
Pinned
Paul Langley
@paullangley.bsky.social
· Oct 20
Embedded finance and FinTech disappearance | Finance and Society | Cambridge Core
Embedded finance and FinTech disappearance
www.cambridge.org
Co-authored with @andrewleyshon.bsky.social for a forthcoming special issue of @finandsoc.bsky.social, this essay takes Elon Musk's planned FinTech makeover of X as a provocation for a critical analysis of so-called 'embedded finance' and the evolution of FinTech
www.cambridge.org/core/journal...
www.cambridge.org/core/journal...
Chinese state capitalism = protected and regulated tech monopoly capital at home, supported and expanded tech capital reach across the globe
journals.sagepub.com/doi/10.1177/...
journals.sagepub.com/doi/10.1177/...
Mosaic of state power: How ‘New’ state capitalism shapes global tech capital - Weidi Zheng, 2025
This article investigates how China's platform and data infrastructure expand globally amid shifting state-capital relations at home and abroad. Moving bey...
journals.sagepub.com
November 18, 2025 at 10:48 PM
Chinese state capitalism = protected and regulated tech monopoly capital at home, supported and expanded tech capital reach across the globe
journals.sagepub.com/doi/10.1177/...
journals.sagepub.com/doi/10.1177/...
Chinese state capitalism = global finance without the speculative excess, perhaps,
www.phenomenalworld.org/analysis/a-s...
www.phenomenalworld.org/analysis/a-s...
A State-led Financial Empire | Johannes Petry
Since the 2008 Global Financial Crisis, China has steadily expanded its role in the global financial system. Through cross-border settlement networks, controlled conduits for foreign portfolio flows, ...
www.phenomenalworld.org
November 17, 2025 at 10:58 PM
Chinese state capitalism = global finance without the speculative excess, perhaps,
www.phenomenalworld.org/analysis/a-s...
www.phenomenalworld.org/analysis/a-s...
I'd rather not be posting yet more @FT content today, but right now it's more a question of when (not if) something big breaks ... on.ft.com/3LCuVDb via @FT
If private credit breaks, insurers will fall under the microscope
Rising holdings of the asset class could lead to problems when the next downturn comes
on.ft.com
November 15, 2025 at 4:46 PM
I'd rather not be posting yet more @FT content today, but right now it's more a question of when (not if) something big breaks ... on.ft.com/3LCuVDb via @FT
Reposted by Paul Langley
Setting the stage for "we were all in this together so no one is to blame" when the bubble bursts.
November 15, 2025 at 11:23 AM
Setting the stage for "we were all in this together so no one is to blame" when the bubble bursts.
Who’s funding Silicon Valley’s data-centre dream? It might be you. - on.ft.com/47X4I9U via @FT
Who’s funding Silicon Valley’s data-centre dream? It might be you.
A large part of the investment pouring into AI is being financed by debt of the kind that lines millions of nest eggs
on.ft.com
November 15, 2025 at 11:02 AM
Who’s funding Silicon Valley’s data-centre dream? It might be you. - on.ft.com/47X4I9U via @FT
Miran Rides into Town on the $ Hegemony Pony
on.ft.com/48eg8qU via @FT
on.ft.com/48eg8qU via @FT
Why Trump’s team is betting on stablecoins
The administration sees these digital assets as a tool in the fight against de-dollarisation
on.ft.com
November 15, 2025 at 10:09 AM
Miran Rides into Town on the $ Hegemony Pony
on.ft.com/48eg8qU via @FT
on.ft.com/48eg8qU via @FT
An FT editorial against a British government is usually a marker of the displeasure of the City
on.ft.com/4nZWdke via @FT
on.ft.com/4nZWdke via @FT
Labour has shredded its claim to competence
A chaotic week has raised the risks around this month’s crucial Budget
on.ft.com
November 15, 2025 at 10:05 AM
An FT editorial against a British government is usually a marker of the displeasure of the City
on.ft.com/4nZWdke via @FT
on.ft.com/4nZWdke via @FT
Recommended reading and timely, too, as the British Chancellor continues to falsely assume that pandering to financial fractions in the City will result in the investment which is so desperately needed across economy and society
www.cambridge.org/core/journal...
www.cambridge.org/core/journal...
Subordinating ‘alt-finance’: How British venture capital became dependent on the US | Finance and Society | Cambridge Core
Subordinating ‘alt-finance’: How British venture capital became dependent on the US
www.cambridge.org
November 13, 2025 at 12:02 PM
Recommended reading and timely, too, as the British Chancellor continues to falsely assume that pandering to financial fractions in the City will result in the investment which is so desperately needed across economy and society
www.cambridge.org/core/journal...
www.cambridge.org/core/journal...
Reposted by Paul Langley
A fantastical and unsustainable mega-project pushed by elites disconnected from reality and backed by huge volumes of fickle and self serving financial capital. Sounds familiar
ig.ft.com/saudi-neom-l...
ig.ft.com/saudi-neom-l...
End of The Line: how Saudi Arabia’s Neom dream unravelled
Mohammed bin Salman’s utopian city was undone by the laws of physics and finance
ig.ft.com
November 6, 2025 at 9:39 PM
A fantastical and unsustainable mega-project pushed by elites disconnected from reality and backed by huge volumes of fickle and self serving financial capital. Sounds familiar
ig.ft.com/saudi-neom-l...
ig.ft.com/saudi-neom-l...
The dark side of Japanese convenience stores - on.ft.com/3Jvk9Ok via @FT @msteinbrg.bsky.social
The dark side of Japanese convenience stores
Rising wages and an ageing workforce put pressure on existing staff
on.ft.com
November 4, 2025 at 11:25 PM
The dark side of Japanese convenience stores - on.ft.com/3Jvk9Ok via @FT @msteinbrg.bsky.social
Welcome to platform capitalism
nowadays every app wants to be a platform, and platform logic requires that they become the *only* platform.
that's why they all start as Specific: The Tool That Does A Thing and five years later announce they're rebranding as Totalizr: We Manage Your Life
that's why they all start as Specific: The Tool That Does A Thing and five years later announce they're rebranding as Totalizr: We Manage Your Life
November 4, 2025 at 10:39 PM
Welcome to platform capitalism
Reposted by Paul Langley
53 years young and still trending
October 31, 2025 at 7:47 PM
53 years young and still trending
Reposted by Paul Langley
Pull up for a bumper issue, nine articles, from ecologization as a mode of economization to the prompting of generative AI models in UK government, with stops in Brazil, Venezuela, Kenya and the US along the way!
www.tandfonline.com/toc/reso20/c...
www.tandfonline.com/toc/reso20/c...
Economy and Society
Dedicated to Michel Callon, 1945–2025. Volume 54, Issue 3 of Economy and Society
www.tandfonline.com
October 31, 2025 at 8:47 PM
Pull up for a bumper issue, nine articles, from ecologization as a mode of economization to the prompting of generative AI models in UK government, with stops in Brazil, Venezuela, Kenya and the US along the way!
www.tandfonline.com/toc/reso20/c...
www.tandfonline.com/toc/reso20/c...
One vision, fried chicken
The AI bubble has reached its ‘fried chicken’ phase ft.trib.al/VGyrH8K
The AI bubble has reached its ‘fried chicken’ phase
This is nuts. When’s the crash?
ft.trib.al
October 31, 2025 at 8:33 PM
One vision, fried chicken
Reposted by Paul Langley
Racism, colonialism, and tax havens: tracing the offshore world’s hidden histories, by Miguel A. Rivera-Quiñones
Racism, colonialism, and tax havens: tracing the offshore world’s hidden histories
This article advances a decolonial intervention in International Political Economy (IPE) by examining the centrality of racism in the formation of offshore zones under British and American colonial...
www.tandfonline.com
October 29, 2025 at 8:07 PM
Racism, colonialism, and tax havens: tracing the offshore world’s hidden histories, by Miguel A. Rivera-Quiñones
Just in case anyone is listening, please note that UK universities cannot operate successfully on the basis of continuous reduction of academic staff and academic staff pay. No amount of staff wellness sessions will change this.
October 29, 2025 at 9:04 AM
Just in case anyone is listening, please note that UK universities cannot operate successfully on the basis of continuous reduction of academic staff and academic staff pay. No amount of staff wellness sessions will change this.
FinTechs large (and small) are frantically updating their platforms so that AI agents can pay, borrow, invest, etc. This is the logical extension of the transformation of people into FinTech "users" (rather than consumers) which has already reordered social relations
thepaypers.com/payments/new...
thepaypers.com/payments/new...
Mastercard and PayPal accelerate agentic commerce | The Paypers
Mastercard expands partnership with PayPal to contribute to the adoption of agentic-driven transactions for consumers and businesses.
thepaypers.com
October 28, 2025 at 7:21 PM
FinTechs large (and small) are frantically updating their platforms so that AI agents can pay, borrow, invest, etc. This is the logical extension of the transformation of people into FinTech "users" (rather than consumers) which has already reordered social relations
thepaypers.com/payments/new...
thepaypers.com/payments/new...
I'm a little older
October 27, 2025 at 10:04 PM
I'm a little older
Yet, when everything is in crisis, everything is still in crisis
When everything is unprecedented, nothing is unprecedented.
October 26, 2025 at 6:25 PM
Yet, when everything is in crisis, everything is still in crisis
The next General Election is a way off, but it seems likely that more people will vote against political parties that they don't want to be elected than will vote for the party that they want to be elected. Strange times in British politics
October 24, 2025 at 4:11 PM
The next General Election is a way off, but it seems likely that more people will vote against political parties that they don't want to be elected than will vote for the party that they want to be elected. Strange times in British politics
This is from a couple of months ago, but I am adding it to the 'PE is in serious trouble' files on.ft.com/4oS7GEc via @FT
Private equity fundraising slides as sector’s downturn deepens
Firms are struggling to raise money even as they offer discounts to attract new investors
on.ft.com
October 24, 2025 at 4:06 PM
This is from a couple of months ago, but I am adding it to the 'PE is in serious trouble' files on.ft.com/4oS7GEc via @FT
Reposted by Paul Langley
Co-authored with @andrewleyshon.bsky.social for a forthcoming special issue of @finandsoc.bsky.social, this essay takes Elon Musk's planned FinTech makeover of X as a provocation for a critical analysis of so-called 'embedded finance' and the evolution of FinTech
www.cambridge.org/core/journal...
www.cambridge.org/core/journal...
Embedded finance and FinTech disappearance | Finance and Society | Cambridge Core
Embedded finance and FinTech disappearance
www.cambridge.org
October 20, 2025 at 7:40 PM
Co-authored with @andrewleyshon.bsky.social for a forthcoming special issue of @finandsoc.bsky.social, this essay takes Elon Musk's planned FinTech makeover of X as a provocation for a critical analysis of so-called 'embedded finance' and the evolution of FinTech
www.cambridge.org/core/journal...
www.cambridge.org/core/journal...
'Alarm bells’ is central banking speak for big trouble on.ft.com/478INMg via @FT
Andrew Bailey warns ‘alarm bells’ ringing over private credit market
BoE governor draws parallel with practices before 2008 financial crisis
on.ft.com
October 21, 2025 at 8:30 PM
'Alarm bells’ is central banking speak for big trouble on.ft.com/478INMg via @FT
Reposted by Paul Langley
The talks between the Trump administration and firms including Apollo and Cerberus mark an unprecedented effort to enlist some of Wall Street’s biggest investors directly in US national security on.ft.com/47juZ1S
October 21, 2025 at 5:20 AM
The talks between the Trump administration and firms including Apollo and Cerberus mark an unprecedented effort to enlist some of Wall Street’s biggest investors directly in US national security on.ft.com/47juZ1S