Thursday, October 1, 2026

Two Reasons Why the AI Industry Is Calling for Potential Nationalization

Frontier labs seek nationalization to socialize massive AI bubble losses and cement their place inside the government’s ruling power structure

The Fun of Curating for Naked Capitalism

How I go about curating the Sunday Movie feature to try to please so many aesthetic palates!

Everyone’s Asking the Wrong Questions About AI and Education

The debate over AI in schools overlooks whether disadvantaged students have the means to learn…..but still puts too much faith in AI.

Links 10/1/2026

Democratic Establishment Stuck in Groundhog Day of Neoliberal Economics and Neocon Foreign Policy

Despite screaming indications that the Clinton era of centrist Democratic primacy is dead as a doornail, the MSM and party establishment are doing everything they can to party like it’s 1999….forever.

Iran War: The Narrative War Continues to Confuse and Confuddle

America has narrative dominance over the Strait, but does that translate into diesel at pumps around the world?

Big Tech’s Plans for AI Are Bringing Nuclear Power Back to New England

To pave the way for AI data centers, New England governors are aligning with Trump’s plans for nuclear. But why?

Coffee Break: Anthropic OpenAI, Meta, SpaceX Sign Trump ‘Self-Policing’ AI Accords Amidst Financial Follies While Oracle Is Left Out

Anthropic’s S-1 filing is uglier than expected as they and other AI players sign Trump’s “self-policing” AI accord.

Harry Shearer Supersized “Double Your Donation” Challenge!

Long-standing friend of Naked Capitalism Harry Shearer has saddled up for a big donor challenge! Please take him up on his generosity!

European NATO Fears That the US Won’t Rush To Its Rescue If It Provokes a War With Russia

As part of its “We’re gonna fight those dastardly Russians” fantasy, the EU wants to create an analogue to NATO. Good luck with that.

Links 9/30/2026

Even Wall Street Is Now Sounding the Alarm on Javier Milei’s Economic “Miracle”

“Argentina posted its worst monthly performance since the April 2020 lockdown, with the monthly activity indicator declining 2.9% month on month.”

Naked Capitalism: Your Antidote for the Madness

In a world like this, staying sane is a full time job. Naked Capitalism makes that easier and shows you are not alone.

Iran War: The Narrative War Over Hormuz, Meetings in NY, Abu Dhabi, Riyadh, London

The Trump 2.0 regime seems to be succeeding in its efforts to convince the oil markets that they have cracked open the Hormuz Strait and are escorting an ever-increasing amount of crude oil past the Iranian blockade. For their part, the Iranian claims to have hit almost two dozen ships over the weekend have gone quiet, but the IRGC did send a letter to the American people and threats are being issued. Meanwhile, major meetings took place in New York, Abu Dhabi, Riyadh and even London, and kino continued on the Yemeni front.

What Happens When Neoliberalism’s Only Got Fear Left to Sell?

Now that neoliberal policies are failing to deliver prosperity, their backers are falling back on fear-mongering.