Phenomenal World
phenomenalworld.bsky.social
Phenomenal World
@phenomenalworld.bsky.social
Publication of Jain Family Institute. Political economy and critical social sciences.

Disponível em PT / disponible en ES.

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Happy to have written about plastic for @thepolycrisis.bsky.social. Thanks to @70sbachchan.bsky.social for sourcing the excellent graphics. And thanks to @rebecca-altman.bsky.social and @anjakrieger.bsky.social for being my go-to's on all-things plastic.

www.phenomenalworld.org/analysis/pla...
Plastic Planet | Venus Bivar
Stalled negotiations and accelerating accumulation in the global petrochemicals industry
www.phenomenalworld.org
November 17, 2025 at 2:35 PM
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This was a fantastic overview by @johannespetry.bsky.social of China’s attempts to create alternative (i.e. non-US) financial infrastructures.

Best stat: “by March 2025…RMB accounted for 54.3% of China’s total trade settlement.” @phenomenalworld.bsky.social

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 16, 2025 at 5:30 PM
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phenomenal essay in @phenomenalworld.bsky.social by oxford 🤓 historian @vbivar.bsky.social on the political ecology of #plastics…a bleak but necessary read
November 16, 2025 at 11:08 PM
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"Between 2007 and 2025, New York City’s GDP grew at an average annual rate of 5.1 percent, while city revenues grew at just 4.1 percent."

www.phenomenalworld.org/analysis/mam...
November 16, 2025 at 4:20 AM
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Beginning to understand why Mamdani's first move is to reform property taxes lmao what is going on
November 16, 2025 at 5:13 AM
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How to make sense of China’s rise? For Phenomenal World I wrote something on its changing role in global finance.
China is not building a dollar-style empire of sprawling markets and speculative finance but something leaner, more functional & tightly managed.
www.phenomenalworld.org/analysis/a-s...
November 10, 2025 at 8:05 AM
“Fossil-fuel firms are looking to diversify their revenue streams. Petrochemicals—the sector of the oil and gas industry that produces materials and inputs downstream of petroleum—is expected to account for more than a third of growth in oil demand by 2030.”

www.phenomenalworld.org/analysis/pla...
Plastic Planet | Venus Bivar
Stalled negotiations and accelerating accumulation in the global petrochemicals industry
www.phenomenalworld.org
November 15, 2025 at 8:49 PM
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Over at @phenomenalworld.bsky.social, @ceaweaver.bsky.social offers a timely primer on housing politics and policy in New York City.
Stabilization and Speculation | Cea Weaver
Struggles over New York City’s housing policy
www.phenomenalworld.org
November 7, 2025 at 4:49 PM
“While City expenditures have kept pace with revenues, they have lagged behind the growth of private incomes and spending—which means that as a share of the local economy, the public sector has actually been shrinking for years.”

www.phenomenalworld.org/analysis/mam...
Mamdani's First Budget | Andrew Perry
Image and reality of New York City’s finances
www.phenomenalworld.org
November 15, 2025 at 8:47 PM
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Fascinating background & insight into the real estate politics of the NYC mayoral race: www.phenomenalworld.org/analysis/sta...
Stabilization and Speculation | Cea Weaver
Struggles over New York City’s housing policy
www.phenomenalworld.org
October 31, 2025 at 4:54 PM
“Far from an obstacle to climate objectives, it is through SOEs that Sheinbaum is pursuing the green transition. Her admin has reinforced AMLO’s program to revive Mexico’s SOEs—Pemex and CFE—with new decarbonization and industrial policy ambitions.”

www.phenomenalworld.org/analysis/mex...
Mexico’s Big Green State | Jose Maria Valenzuela
Claudia Sheinbaum plans to repurpose the country's state-owned enterprises towards decarbonization
www.phenomenalworld.org
November 3, 2025 at 7:41 PM
“It’s no surprise that the NYC mayoral race has brought this antagonism—between a robust tenant movement with the strongest rent stabilization laws in the US and a powerful real estate lobby accustomed to shaping the city in its image—to the fore.”

www.phenomenalworld.org/analysis/sta...
Stabilization and Speculation | Cea Weaver
Struggles over New York City’s housing policy
www.phenomenalworld.org
November 3, 2025 at 7:11 PM
“What impact will the rent freeze have, then, on the current impasse? Already, the centrality of the demand to the mayoral race has opened up a new chapter in the struggle for a sane housing policy.”

NEW: Cea Weaver on housing politics in New York City

www.phenomenalworld.org/analysis/sta...
Stabilization and Speculation | Cea Weaver
Struggles over New York City’s housing policy
www.phenomenalworld.org
October 31, 2025 at 4:43 PM
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The Syrian civil war, the longest of the Arab Spring uprisings from 2011. It ended last year and it seems like we are ignoring what it meant and how it’s shaped the future of Syria. This piece was a bracing reminder and haunting forecast. www.phenomenalworld.org/analysis/syr...
Syrian Continuity | Phenomenal World
A general finding in the study of rebel politics is that groups that come to power without a clear hegemonic position within the rebel movement are vulnerable to spoilers or coups d’etat that push the...
www.phenomenalworld.org
October 25, 2025 at 9:55 PM
“NYC’s housing politics are defined by competition between two forces: a tenant movement that has won strong rent stabilization and public development tools; and the country’s most powerful real estate lobby, accustomed to shaping the city in its image.”

www.phenomenalworld.org/analysis/sta...
Stabilization and Speculation | Cea Weaver
Struggles over New York City’s housing policy
www.phenomenalworld.org
October 31, 2025 at 3:51 PM
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“Even business sectors most amenable to a post-carbon economy demonstrate in their investment decisions that they don't believe decarbonization will happen quickly. The US government now states confidently and proudly that the US will not decarbonize.”

www.phenomenalworld.org/analysis/the...
The Anti-Climate Common Sense | Ted Fertik
How a new climate common sense was built and how Trump’s assault threatens its unraveling
www.phenomenalworld.org
September 30, 2025 at 12:09 PM
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Over the last decade a big tent coalition created a hegemonic "common sense" in US : public investment to fight climate change would undo the economic and political damage of deindustrialization, AND contain China.

Superb piece by my collaborator Ted Fertik. www.phenomenalworld.org/analysis/the...
The Anti-Climate Common Sense | Ted Fertik
How a new climate common sense was built and how Trump’s assault threatens its unraveling
www.phenomenalworld.org
October 3, 2025 at 3:55 AM
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NEW! In our latest @thepolycrisis.bsky.social newsletter, Shreyas Shende asks whether or not India will accept Trump’s offer of being locked into a US-led carbon coalition or break free with its own green developmentalist growth model. www.phenomenalworld.org/analysis/ind...
India in the New Global Order
The future is triage on an uninsurable earth
www.phenomenalworld.org
October 3, 2025 at 3:48 AM
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“What provides India greater freedom of choice and sovereignty? Locking into hydrocarbon coalitions or doubling down on…a green electro-state track? How India chooses to address this question will shape the destiny of its 1.4 billion citizens—and the world.”

- @shreyas-shende.bsky.social
October 2, 2025 at 9:58 PM
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1/ For this edition of the Polycrisis, we asked Shreyas Shende, who runs the fantastic Indialog newsletter, to analyse the momentous breakdown in India-US relations.
indialog.substack.com
Check it out --India in the new global order
@phenomenalworld.bsky.social
phenomenalworld.org/analysis/ind...
October 2, 2025 at 9:49 PM
“Even business sectors most amenable to a post-carbon economy demonstrate in their investment decisions that they don't believe decarbonization will happen quickly. The US government now states confidently and proudly that the US will not decarbonize.”

www.phenomenalworld.org/analysis/the...
The Anti-Climate Common Sense | Ted Fertik
How a new climate common sense was built and how Trump’s assault threatens its unraveling
www.phenomenalworld.org
September 30, 2025 at 12:09 PM
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No dejéis de leer esto de @jorgetamames.bsky.social. A veces necesitamos poner ojos de corresponsal, y muy pocos lo consiguen con esta precisión.

www.phenomenalworld.org/es/analisis/...
Growing Pains | Jorge Tamames
Spain’s search for a new growth model
www.phenomenalworld.org
September 29, 2025 at 8:50 AM
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“Across the 2010s, a new common sense had been built around a single premise: that the future is carbon constrained.

The Trump assault on climate aims to blow up the painstakingly assembled coalition that made US climate action possible.”

NEW by Ted Fertik

www.phenomenalworld.org/analysis/the...
The Anti-Climate Common Sense | Ted Fertik
How a new climate common sense was built and how Trump’s assault threatens its unraveling
www.phenomenalworld.org
September 25, 2025 at 6:01 PM
Reposted by Phenomenal World
17/ 200 billion plus in overseas green factory investment! Chinese companies are expanding their supply chains abroad to capture new markets, avoid tariffs & get closer to sources of raw materials
BRI 2 is private sector led and very different from the first
www.phenomenalworld.org/interviews/t...
The Belt and Road 2.0 | Tim Sahay
An interview with Mathias Larsen on China’s overseas clean-tech manufacturing investments
www.phenomenalworld.org
September 24, 2025 at 8:37 PM