Podcasts about Industrial

O melhor ativo é sempre a boa informação!Quer receber as informações do Morning Call diretamente no seu e-mail? Acesse:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠://l.btgpactual.com/3XveQTn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Have you ever wondered how to find your next big client in the industrial cleaning space? It all comes down to effective prospecting – finding out who needs your services, where they are, and how to start a conversation.Today, I'm sharing some key strategies we discussed on the podcast, inspired by a listener's question on cracking the industrial cleaning market in places like Abuja:1. Strategic Networking & Professional AssociationsDon't underestimate the power of showing up in the right rooms. For industrial cleaning, this means places where large businesses and property owners gather. * Chambers of Commerce: For example, the Abuja Chamber of Commerce. From my own experience with the Lagos Chamber, you'll find factory owners, warehouse operators, and specialized businesses—exactly the kind of clients who need industrial cleaning. It's not just about direct sales; it's about meeting decision-makers and stakeholders who can provide crucial introductions and referrals. * Professional Associations: Joining groups like the Cleaning Practitioners Association of Nigeria (CPAN) offers invaluable benefits. Beyond nurturing and support for new members, these associations are fertile ground for commissioned referrals. Members often pass on excess business, creating opportunities for trusted partners.2. Targeted Direct OutreachOnce you know who you're looking for, go directly to them. * Research & List Building: Identify target companies that fit the industrial cleaning profile (factories, large offices, warehouses, power plants, etc.). * Identify Key Decision-Makers: Don't just call the general line. Pinpoint roles like the Operations Manager, Facility Manager, Procurement Officer, or even Branch Managers. These are the people who make or influence cleaning service decisions. * Craft Your Approach: Plan how you'll initiate contact. What value proposition will you lead with?3. Leverage Existing ReferralsYour current satisfied customers are your best advocates. * Ask for Referrals: If you've been in business for a while, reach out to your existing clients and politely ask for introductions to other businesses they know who might need your services. A warm introduction is often more effective than a cold call.Building a strong prospecting strategy isn't just about making calls; it's about being strategic, connecting in the right places, and building relationships. What are your go-to prospecting tactics for business growth?And if you'd love to hear more in details discussed in the podcast, check out the link in my bio!#IndustrialCleaning #BusinessDevelopment #Prospecting #SalesStrategy #Networking #AbujaBusiness

 Communion After Dark - features the latest and best in Dark Alternative-Electronic Music. This week's show features music from Faderhead, Hocico, Priest, Lord of the Lost, and music from many more artists worldwide

Podcast: Casos de Ciberseguridad IndustrialEpisode: 1/4 Contexto Incorporando ciberseguridad en el diseño de tecnología industrialPub date: 2025-06-01Get Podcast Transcript →powered by Listen411 - fast audio-to-text and summarizationEn este episodio se presenta el contexto del caso: datos del entrevistado y cuál es el contexto del entorno y cuáles son los desafíos de incorporar ciberseguridad en el desarrollo de las tecnologías.The podcast and artwork embedded on this page are from Centro de Ciberseguridad Industrial, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.

Santiago Domingo, de Magallanes Value Investors, analiza una de las últimas empresas en las que han entrado: la sueca Sandviq. Los sectores industrial y minero han sido polémicos en las últimas décadas. Polémicos por sus características propias (se acusa a estas empresas de ser muy intensivas en energía, contaminantes, invasivas para el medioambiente), pero también por sus bajas rentabilidades. Nadie quería acercarse, parecía que manchaba también en unos mercados que giraban hacia todo lo que tuviese un sello verde, la tan manida etiqueta ESG, que no parecía encajar muy bien con estas empresas. En los últimos trimestres, las tornas parecen estar cambiando. Los atractivos precios que habían alcanzadomuchas empresas del sector hicieron que algunos inversores comenzaran a mirarlas con otros ojos. De todo esto viene a hablarnos a Tu Dinero Nunca Duerme Santiago Domingo, miembro del equipo de análisis de Magallanes Value Investors. Nos trae la tesis de inversión de una de las últimas incorporaciones en la cartera, la empresa sueca Sandviq, uno de los líderes a nivel mundial en la fabricación de herramientas de corte de alta precisión y equipos de perforación para la industria. Por qué han optado en Magallanes por esta compañía: "Aúna las cualidades magallánicas: productos críticos, liderazgo en sus sectores, bien gestionada, con accionistas alineados, balance sólido, crecimiento, buenos retornos sobre el capital... y estaba barata". Y eso que Domingo recuerda que les cuesta iniciar una posición (que implica reducir el peso en otra compañía en la que llevan tiempo invirtiendo: "Nunca vamos a vender conocimiento, para comprar desconocimiento. Cuando llevas 6-7 años en una empresa, te sientes más cómodo que con una que acabas de comprar". Sin embargo, en el caso de Sandviq, "llevábamos meses analizándola; vimos que, junto con otras compañías del sector industrial, en unos meses caía un 25-30%. Y aprovechamos la oportunidad". A partir de ahí, desarrolla la tesis con la minuciosidad del que conoce en profundidad lo que compra: "El 50% de la empresa corresponde a sus productos para mintería, donde son líderes. Junto con otro competidor tienen el 90% de cuota de mercado en equipos de perforación y transporte específicos para minas subterráneas. Además, son como la cafetera de una cafetería: sin su producto, la empresa minera no tiene negocio. En minería, el 70% de los ingresos vienen en los servicios de mantenimiento, que tienen un margen más elevado que la propia venta de la maquinaria. También son líderes en trituradoras y hacen las cribas que se utilizan en minería. El otro 50% de Sandviq es industrial: hacen herramientas para el corte. Desde brocas a piezas para tornear o fresar. Con márgenes en el entorno del 18-20%, en términos de Ebitda. Y retornos sobre el capital empleado de entre el 14 y el 20%. Balance saneado. Y una familia detrás que piensa en el largo plazo y está metido en la gestión diaria de la compañía. Para este tipo de compañía, la estamos comprando a múltiplos muy razonables: 15-16 veces, que no es muy value, pero es que está creciendo a un 7% anual". Pues suena muy bien. Los detalles, esta semana, en Tu Dinero Nunca Duerme.

By 2050, the global population is expected to reach about 10 billion people. That means we need to find a way to feed nearly 2 billion more mouths in the next 25 years. Industrial farming practices have already destroyed countless natural ecosystems, and experts say that expanding farmland even further would have devastating consequences for the planet. In Berkeley Talks episode 227, UC Berkeley Professor Timothy Bowles and journalist Michael Grunwald discuss the impact of our current agricultural methods and debate the ways we can ramp up food production without causing more harm to the environment. “Agriculture is eating the earth,” says Grunwald, author of the forthcoming book We Are Eating the Earth: The Race to Fix Our Food System and Save Our Climate. Farmland, he says, now covers two of every five acres on the planet, “and those are acres that used to be forest and wetlands and savannas that stored a lot of carbon and sheltered a lot of biodiversity.” In order to avoid further destruction, he contends, we must produce more food on land we already farm by improving the efficiency of our existing industrial systems.While Bowles agrees that expanding farmland isn't the answer, he counters that industrial agriculture isn't either; he argues that industrial farming is detrimental to the environment and human health and perpetuates social and economic inequality. Instead, he advocates for agroecology — sustainable farming that allows farmers to work with nature to create resilient and productive food systems. “It's already happening all over the world,” says Bowles, an associate professor in the Department of Environmental Science, Policy and Management at UC Berkeley and lead faculty director of the Berkeley Food Institute. “What hasn't been happening is the political will to make it the foundation of our food system.”“Coming back here to California, agroecology is when 1.6 million schoolchildren are eating lunches that are not taco beef sticks,” he continues, “but fruits and vegetables and whole grains that are supplied by California farms that are using climate-smart agricultural practices supported by state investments, and building on the successes of an organic agricultural industry that is currently [worth] $11 billion.”This conversation took place on April 17, 2025, and was sponsored by the Berkeley Food Institute. It was moderated by New York Times correspondent Kim Severson. Watch a video of the conversation.Listen to the episode and read the transcript on UC Berkeley News (news.berkeley.edu/podcasts).Music by Blue Dot Sessions.Photo by Zoe Richardson via Unsplash+ Hosted on Acast. See acast.com/privacy for more information.

Diseases such as Alzheimer's or Parkinson's are devastating neurological conditions that typically occur at old age and lead to systematic dementia and debilitating symptoms. The underlying mechanisms of these diseases are poorly understood. Yet, a striking feature of these conditions is the characteristic pattern of invasion throughout the brain, leading to well-codified disease stages associated with various cognitive deficits and pathologies. This lecture shows how mathematical modelling can be used to predict dementia's progression by unravelling some of its universal features.This lecture was recorded by Alain Goriely on 13th May 2025 at Barnard's Inn Hall, London.Alain is Gresham Professor of Geometry.He is currently the Director of the Oxford Centre for Industrial and Applied Mathematics and was elected as a Fellow of the Royal Society in 2022.The transcript of the lecture is available from the Gresham College website: https://www.gresham.ac.uk/watch-now/troubled-brain-ageing-and-dementiaGresham College has offered free public lectures for over 400 years, thanks to the generosity of our supporters. There are currently over 2,500 lectures free to access. We believe that everyone should have the opportunity to learn from some of the greatest minds. To support Gresham College's mission, please consider making a donation: https://www.gresham.ac.uk/get-involved/support-us/make-donation/donate-todayWebsite:  https://gresham.ac.ukX: https://x.com/GreshamCollegeFacebook: https://facebook.com/greshamcollegeInstagram: https://instagram.com/greshamcollegeBluesky: https://bsky.app/profile/greshamcollege.bsky.socialTikTok: https://www.tiktok.com/@greshamcollegeSupport Us: https://www.gresham.ac.uk/get-involved/support-us/make-donation/donate-todaySupport the show

Playlist: void stares back - untold nature of existancesusurration - alles liebeprisoner - leaden tombdead on a sunday - strange new worldhocico - bite meReleveler - visions in bluedevours - forbiddon gloonedawn of ashes - scars of the brokenLahar - controlD. BLAVATSKY - want it allFetus Blasters - the golden ruleThe Economy - lenny's testVortex - when humans defy the voidmachina - mechinawolfheart - asheslacuna coil - layers of timeklutae - sicknesszayka - crooked teethfires - red goes greyskinny puppy - worlockBloodywood - kismatReduction Plan - the archerSin of God - obolusNeurotech - escapism

Day 1,191.Today, Ukraine targets Moscow with drone attacks for the second consecutive days and strikes several industrial plants linked to the war effort in Russia. Meanwhile, Russia proposes a new round of peace talks in Istanbul on June 2nd. We discuss the memorandums that both Ukraine and Russia are drafting ahead of the meeting and whether we'll see a change from Russia's maximalist stance from earlier this month. And we look ahead to the Polish presidential elections on Sunday. Finally, Francis Dearnley sits down with Mykola Bielieskov of the National Institute for Strategic Studies. Contributors:Adélie Pojzman-Pontay (Journalist and Producer). @adeliepjz on X.James Rothwell (Berlin Correspondent). @JamesERothwell on X.James Kilner (Former Russia Correspondent). @jkjourno on X.Francis Dearnley (Executive Editor for Audio). @FrancisDearnley on X.With thanks to Mykola Bielieskov (Research Fellow at the National Institute for Strategic Studies). @MBielieskov on X.SIGN UP TO THE NEW ‘UKRAINE: THE LATEST' WEEKLY NEWSLETTER:https://secure.telegraph.co.uk/customer/secure/newsletter/ukraine/ Each week, Dom Nicholls and Francis Dearnley answer your questions, provide recommended reading, and give exclusive analysis and behind-the-scenes insights – plus maps of the frontlines and diagrams of weapons to complement our daily reporting. It's free for everyone, including non-subscribers.Content Referenced:Exclusive: Putin's demands for peace include an end to NATO enlargement, sources say, Reutershttps://www.reuters.com/world/europe/putin-ukraine-peace-wants-pledge-halt-nato-enlargement-sources-say-2025-05-28/Germany and Ukraine reach deal for long-range weapons productionhttps://www.theguardian.com/world/2025/may/28/zelenskyy-merz-germany-ukraine-sumyOver half of Azov fighters returned to Ukraine, official says, Kyiv Independenthttps://kyivindependent.com/over-half-of-azov-fighters-returned-to-ukraine-official-says/NOW AVAILABLE IN NEW LANGUAGES:The Telegraph has launched translated versions of Ukraine: The Latest in Ukrainian and Russian, making its reporting accessible to audiences on both sides of the battle lines and across the wider region, including Central Asia and the Caucasus. Just search Україна: Останні Новини (Ukr) and Украина: Последние Новости (Ru) on your on your preferred podcast app to find them.Listen here: https://linktr.ee/ukrainethelatestSubscribe: telegraph.co.uk/ukrainethelatestEmail: ukrainepod@telegraph.co.uk Hosted on Acast. See acast.com/privacy for more information.

In this episode, we spoke with Sundeep Sanghavi, Chief Product Officer at TDK SensEI, about how AI is transforming data-driven decision-making in industrial environments. Sundeep shared his journey from data analytics to founding Sensai, and how his team helps manufacturers unlock the hidden potential in their operational data. We explored the challenges of AI adoption in traditional industries, the importance of domain knowledge, and how to move from descriptive analytics to actionable intelligence. Key Insights: • Plug-and-play AI: Automatic data labeling and model deployment with no manual setup. • Edge-first design: AI runs on-device for real-time alerts without cloud latency. • Predictive insights: Identifies failures weeks in advance to cut downtime. • Enterprise-ready: Built-in cybersecurity, on-prem/cloud flexibility, ERP integration. • Scalable platform: Designed to grow with use cases, from sensors to digital twins.   IoT ONE database: https://www.iotone.com/case-studies Industrial IoT Spotlight podcast is produced by Asia Growth Partners (AGP): https://asiagrowthpartners.com/

Every control system on the factory floor needs reliable monitors, touchscreens and related products to keep their operation running efficiently. For the last 25 years, Hope Industrial Systems (HIS), based in Atlanta, Ga., has been at the forefront of manufacturing monitors and supplying them quickly to customers all over the world. How did the company succeed, so it can celebrate its 25th anniversary? Mike McGraw, president of Hope Industrial Systems, talked with Control's editor-in-chief, Len Vermillion, to explain what sets the company and its products apart from the field.

In this quarterly update, Emily and Ryan hosted Hirewell CEO, Matt Massuci, where they dove into company-wide and practice-specific hiring trends from the start of 2025. While January and February lagged behind expectations—down 10% year-over-year—March brought a 25% surge, signaling renewed momentum. Executive search and interim hiring are on the rise, even as Solutions work has slowed. Despite external factors like Liberation Day causing brief delays, the last six weeks were the strongest of the year, especially the past two. Practice leads weigh in with mixed performance: CF and GTM are seeing higher deal volumes but softer billing, Industrial is driving growth through high-level searches, and Tech, while down, appears to be stabilizing. Net-net: 2025 began slower than 2024, but all signs point to a strong rebound.

Scott McKenzie, managing director of Industrial Talk Media, a leading industrial education and entertainment platform, shares how he is making "volcanic shifts" in industrial marketing through podcasting. He emphasizes the importance of human connection in industry communication and identifies gaps in how companies market themselves. Scott also discusses successful strategies used by companies to attract talent and the necessity of understanding customer pain points in marketing efforts. Key Takeaways:- Shifting industry marketing focus- Authentic communication in industrial marketing- Expanding the industrial talent poolEpisode Timeline:1:45Scott's 1982 Super Bowl performance5:00Introduction to Industrial Talk Media8:00Scott's background in industry 10:00The networking benefits of podcasts13:15The industry blind spot with podcasting14:45Exposing the human side of industry15:50Communication skills in the trades19:00The importance of authenticity in podcasting20:00Holes in industrial marketing strategies 23:00Selling benefits, not specs25:00 Successful strategies for attracting talentThis episode's guest:• Scott MacKenzie on LinkedIn• Industrial Talk's websiteSubscribe and leave a 5-star review: https://pod.link/1496390646Contact Us!•Join the conversation by leaving a comment!•Follow us on Facebook, Twitter, Instagram, and LinkedIn!Thanks for listening! Hosted on Acast. See acast.com/privacy for more information.

My interview with Randi starts at 25 mins Stand Up is a daily podcast that I book,host,edit, post and promote new episodes with brilliant guests every day. Please subscribe now for as little as 5$ and gain access to a community of over 700 awesome, curious, kind, funny, brilliant, generous souls Check out StandUpwithPete.com to learn more RANDI WEINGARTEN is president of the 1.8 million-member AFT, which represents teachers; paraprofessionals and school-related personnel; higher education faculty and staff; nurses and other healthcare professionals; local, state and federal government employees; and early childhood educators. The AFT is dedicated to the belief that every person in America deserves the freedom to thrive, fueled by opportunity, justice and a voice in our democracy. This freedom is achieved through an economy that works for all, including the ability to form a union; great public schools and affordable higher education; healthcare as a right; retirement security; the right to vote and civil rights; a vibrant democracy; and safe, welcoming and healthy environments and communities. The AFT and its members advance these principles through community engagement, organizing, collective bargaining and political activism, and especially through members' work—we care, fight, show up and vote. Prior to her election as AFT president in 2008, Weingarten served for 11 years as president of the United Federation of Teachers, AFT Local 2, representing approximately 200,000 educators in the New York City public school system, as well as home child care providers and other workers in health, law and education. Weingarten is the recipient of many commendations; she was included in Washingtonian's 2021 Washington's Most Influential People, City & State New York's 2021 New York City Labor Power 100, and Washington Life's 2018 Power 100 list of prominent leaders, and in 2017 received the Roosevelt Institute's FDR Distinguished Public Service Award. In 2013, the New York Observer named Weingarten one of the most influential New Yorkers of the past 25 years. Weingarten has led the AFT's efforts to strengthen public education for all children and to address the crisis in the teaching profession caused by deep disinvestment and the deprofessionalization of teaching. Through the AFT's Fund Our Future campaign, AFT members and leaders throughout the country are fighting for adequate investment in public education. Parents and many others have joined the AFT's efforts to end the overuse and misuse of standardized tests, and to fix—not close—struggling schools, something Weingarten has advocated since her involvement in the creation of New York City's Chancellor's District, which dramatically improved achievement in what had been some of the city's lowest-performing schools. Weingarten has launched major efforts to place real education reform high on the nation's and her union's agendas. She created the AFT Innovation Fund, a groundbreaking initiative to support sustainable, innovative and collaborative education reform projects developed by members and their local unions. At Weingarten's direction, the AFT developed a model to transform teacher evaluations from a way of simply rating teachers to a tool for continuous improvement and feedback. This model is used to align tenure and due process, so that tenure serves as a guarantee of fairness, not of a job for life. Weingarten led an AFT committee that called for all prospective teachers to meet a high entry standard—as in medicine or law—so that they're prepared from the day they enter the classroom. Weingarten oversaw the development of the AFT's Quality Education Agenda, which advocates for reforms grounded in evidence, equity, scalability and sustainability. She promotes what she calls “solution-driven unionism”—an approach to collective bargaining and collective action that unites the interests of union members and those they serve in the pursuit of solutions that benefit students, schools and communities. Under Weingarten's leadership, the AFT continues to grow and expand its voice as a union of professionals. Nationwide, the AFT is the second-largest union of nurses and other health professionals and the largest higher education union, representing 230,000 higher education faculty, professional staff and graduate employees. Weingarten helped source millions of dollars of personal protective equipment for nurses and health professionals experiencing shortages as they served on the frontlines of the coronavirus pandemic. Weingarten is an advocate for a New Deal for Higher Education, a campaign calling for substantial federal investment in higher education that would prioritize teaching, research and student supports; provide sustainable careers with professional voice for all faculty and staff; allow all students to attend regardless of ability to pay; create academic environments free of racism and other forms of bigotry; and cancel student debt. The AFT provides our members tools and information they can use to manage their federal student loan debt, including having that debt forgiven, while advocating for solutions to the escalating cost of higher education, predatory loan practices, and terrible loan servicing that is holding people back. The AFT and a broad array of parent and community partners across the country have collaborated on events to advance a community- and educator-driven agenda for public school reform. Weingarten spearheaded the development of Share My Lesson, the United States' largest free collection of lesson plans, classroom activities, and teaching strategies and resources created by educators, for educators—all at no cost. The AFT has a long-standing partnership with First Book, which has provided 5 million free and reduced-price books to children. Weingarten and the AFT were asked to lead a partnership to transform McDowell County, W.Va., one of the poorest counties in the United States. The AFT has assembled more than 100 partners not only to improve the quality of education provided to children in the county, but to focus on jobs, transportation, recreation, housing, healthcare and social services. Weingarten believes the rural way of life is worth fighting for, and the AFT's experience in McDowell County informs the work Weingarten is advancing to help rural communities thrive—through education, healthcare and economic opportunities. The AFT supports the strategic establishment of 25,000 community schools where students and families can access tailored health services and social services in one place, and marginalized communities can have access to services and support. Weingarten views this goal as especially vital to help children, families and communities recover from the wide-ranging impacts of the coronavirus pandemic and ensuing recession. When the COVID-19 crisis hit, the AFT worked with scientists and health professionals to develop a blueprint for reopening schools. The AFT continues to advocate for the funding and necessary testing and safety protocols to ensure in-person learning is safe.  During the Trump administration, Weingarten led the AFT's efforts to oppose Trump and Betsy DeVos' fervent attempts to defund and destabilize public education and to stand up to the administration's racist policies and attacks on facts and democracy. In 2012-13, Weingarten served on an education reform commission convened by New York Gov. Andrew Cuomo, which made a series of recommendations to improve teaching and learning. She was appointed to the Equity and Excellence Commission, a federal advisory committee chartered by Congress to examine and make recommendations concerning the disparities in educational opportunities that give rise to the achievement gap. For 10 years, while president of the UFT, Weingarten chaired New York City's Municipal Labor Committee, an umbrella organization for the city's 100-plus public sector unions, including those representing higher education and other public service employees. As chair of the MLC, she coordinated labor negotiations and bargaining for benefits on behalf of the MLC unions' 365,000 members. From 1986 to 1998, Weingarten served as counsel to UFT President Sandra Feldman, taking a lead role in contract negotiations and enforcement, and in lawsuits in which the union fought for adequate school funding and building conditions. A teacher of history at Clara Barton High School in Brooklyn's Crown Heights neighborhood from 1991 to 1997, Weingarten helped her students win several state and national awards debating constitutional issues. Elected as the local union's assistant secretary in 1995 and as treasurer two years later, she became UFT president after Feldman became president of the AFT. Weingarten was elected to her first full term as UFT president in 1998 and was re-elected three times. Weingarten's column “What Matters Most” appears in the New York Times' Sunday Review the third Sunday of each month. You can follow her on Twitter at @rweingarten (Twitter.com/rweingarten) and on Facebook (Facebook.com/randi.weingarten.9). Weingarten holds degrees from Cornell University's School of Industrial and Labor Relations and the Cardozo School of Law. She worked as a lawyer for the Wall Street firm of Stroock & Stroock & Lavan from 1983 to 1986. She is an active member of the Democratic National Committee and numerous professional, civic and philanthropic organizations. Born in 1957 and raised in Rockland County, N.Y., Weingarten now resides in the Inwood neighborhood of New York City. Join us Monday's and Thursday's at 8EST for our Bi-Weekly Happy Hour Hangout!  Pete on Blue Sky Pete on Threads Pete on Tik Tok Pete on YouTube  Pete on Twitter Pete On Instagram Pete Personal FB page Stand Up with Pete FB page All things Jon Carroll  Follow and Support Pete Coe Buy Ava's Art  Hire DJ Monzyk to build your website or help you with Marketing

 Communion After Dark - features the latest and best in Dark Alternative-Electronic Music. This week's show features music from VNV Nation, Faderhead, Aesthetic Perfection, Aesthetische, Bootbacks, and new music from many more artists worldwide

Another $2.3 BILLION in homeless funds has vanished into thin air while officials shrug their shoulders and ask for more money. This episode exposes the spectacular collapse of Skid Row Housing Trust, where billions in taxpayer dollars created nothing but squatters, crime, and destroyed buildings. We dig into a damning new report that reveals the fatal flaw in the 'housing first' approach – placing severely mentally ill and addicted individuals into housing without treatment leads to predictable chaos. Is anyone surprised that federal fraud investigators are finally circling? As usual, officials claim 'success' while buildings literally crumble around them. Like and subscribe to join us in demanding accountability for the massive homeless industrial complex burning through your tax dollars.

Podcast: Casos de Ciberseguridad IndustrialEpisode: 4/4 Desenlace Gestionando Ciberresiliencia en un entorno industrialPub date: 2025-05-26Get Podcast Transcript →powered by Listen411 - fast audio-to-text and summarizationEn este episodio se muestra el papel que juegan la cultura organizacional y la concienciación del personal de operación en la resiliencia frente a ciberincidentesThe podcast and artwork embedded on this page are from Centro de Ciberseguridad Industrial, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.

WHAT YOU NEED TO KNOW$15.7M Revenue in 2024 — Up 27% year-over-year, with a contract backlog now exceeding $55M and growing internationally.CEO Skin in the Game — Peter Pascali has invested $10M+ personallyValidated by the U.S. Navy — PAWDS systems installed on aircraft carriers like the USS Gerald R. Ford, with ongoing orders through 2032.Breakthrough in Fumed Silica — Pilot production confirmed by independent lab; LOI signed with global leader Evonik for further commercial evaluation.Industrial Decarbonization — Plasma torches deliver 45% energy savings and 30% faster meltingPyroGenesis Canada Inc. $PYR / $PYRGF isn't just another small-cap tech hopeful—it's generating real revenue and turning cutting-edge technology into commercial traction across multiple global industries. In 2024, the company reported $15.7 million in revenue, up from $12.3 million the year prior, alongside a growing contract backlog in the $55-60M range. Demand is being driven by signed and awarded contracts across the Middle East, Europe, and Asia, validating that PyroGenesis' plasma-based technologies are gaining momentum in real-world industrial environments.CEO INVESTMENT SIGNALS STRONG CONVICTIONIn a rare show of long-term commitment, CEO Peter Pascali has personally invested more than $10 million into the company, including $2.3 million in the most recent financing round. That conviction is backed by performance, not promotion. PyroGenesis runs an asset-light business model, enabling global scalability without the heavy capital expenditures typical of industrial tech ventures.VALIDATED BY THE U.S. NAVYPyroGenesis' Plasma Arc Waste Destruction System (PAWDS) is already installed aboard U.S. Navy aircraft carriers, including the USS Gerald R. Ford. This is more than a proof of concept—it's defense-grade technology in active operation, giving PyroGenesis rare credibility in the global defense sector.BREAKTHROUGH IN CLEAN FUMED SILICA PRODUCTIONIn clean tech, PyroGenesis has reached a major milestone in the production of fumed silica, an industrial compound used in coatings, batteries, and silicones. Unlike conventional methods, the company's proprietary process significantly reduces energy use, carbon emissions, and production costs. A recent pilot run yielded high-purity fumed silica, independently verified by a third-party lab to contain no unexpected contaminants. Global chemical leader Evonik has signed a Letter of Intent to evaluate the technology for potential commercial collaboration.PLASMA TORCHES DRIVING INDUSTRIAL DECARBONIZATIONPyroGenesis is also making strides in industrial decarbonization. Its plasma torch systems have demonstrated up to 45% energy savings and 30% faster melting times compared to traditional fossil-fuel burners. These performance gains have attracted the attention of firms like Norsk Hydro, which is exploring plasma electrification to reduce emissions in aluminum smelting.A MULTI-LEGGED PLATFORM FOR SCALABLE GROWTHRather than relying on a single innovation, PyroGenesis is building what Pascali describes as a “multi-legged stool”—a diversified, validated portfolio of technologies spanning defense, clean materials, metals processing, and waste-to-energy. With growing revenue, global partnerships, third-party validation, and a management team heavily invested in its success, PyroGenesis stands out as a small-cap company executing at a global level.

A quick heads up that I'm already hard at work on next weeks show. I'm going to be away most of next weekend, so I'm trying to get everything done ahead of time. Fingers crossed that I can get everything done on time (and its looking good) and I can just get home on Sunday evening and hit "Publish". Its been a good week though, having the extra time to myself meant I could listen to more music. While I can do that while working, I'll "lose" time where my attention is 100% on work, and then have to figure out how far back to go to restart. I just wish the weather had been better. I quite enjoy sitting on my balcony with my headphones. Still too windy. Still too rainy. Lucifer's Aid - Coming Back Aesthetische - Selling Fear KY - Off My Meds Exsequor - Forged In Fire eXcubitors - Burning Bridges Aesthetic Perfection - Architecht Die Sexual - Pulse (Hexmaschine) Formato Negativo - Judgement Day (Eleven-FX) http://synthetic.org/ https://www.youtube.com/@RealSyntheticAudio

Podcast: The Industrial Security Podcast (LS 36 · TOP 3% what is this?)Episode: Lessons Learned From Incident Response [The Industrial Security Podcast]Pub date: 2025-05-20Get Podcast Transcript →powered by Listen411 - fast audio-to-text and summarizationHow did they get in? How did we find them when they got in? What can we do in future to clean up the mess faster? Chris Sistrunk reflects on a decades' industrial cyber incident response experience at Mandiant (Google).The podcast and artwork embedded on this page are from PI Media, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.

Don't wait for fatty liver symptoms to address your liver health! Find out what to eat for a fatty liver and discover the #1 superfood for liver health that can remove fat from the liver naturally. NAFLD (non-alcoholic fatty liver disease) is being changed to MASH (metabolic dysfunction-associated steatohepatitis), which essentially means a fatty liver with inflammation. Doctors treat this condition with medications and never truly address the root cause.NAFLD is often blamed on “too much nutrition”, but what does this mean? It's not simply over-nutrition that causes a fatty liver. It's the overconsumption of sugar, starches, and seed oils. Industrial sugars like high-fructose corn syrup are especially problematic for the liver.Fatty liver symptoms include fatigue, pain or discomfort in the right upper quadrant, cognitive problems, yellow skin, hot and itchy feet, and extra weight around the midsection.The medical field has used observational studies to claim that red meat, organ meats, liver, and eggs cause a fatty liver. However, observational studies can not determine causation! Research has shown that if you go on a low-carb, ketogenic diet, you can decrease 50% of the fat from your liver in a matter of weeks! To improve liver health and remove fat from the liver naturally, add the following liver detox foods to your diet:1. Grass-fed red meat offers high-quality protein with vital nutrients such as zinc, copper, and CoQ10. It also supports healthy blood sugar levels. 2. Eggs have zero carbs and are a rich source of choline, which helps protect you from developing a fatty liver.3. Cruciferous vegetables, especially when fermented, help the liver with detoxification and also help to remove fat. 4. Wild-caught salmon and other wild-caught fatty fish are a very nutritious source of protein and are high in omega-3 fatty acids, which reduce liver inflammation. 5. Broccoli sprouts contain sulforaphane, which has potent anti-cancer properties and helps detoxify the liver. They can also decrease A1C to stabilize blood sugar. 6. The #1 food for liver health is grass-fed liver! Beef and lamb liver are low-carb, high in choline, nutrient-dense, and contain many trace minerals, vital in reducing liver fat and inflammation. Dr. Eric Berg DC Bio:Dr. Berg, age 60, is a chiropractor who specializes in Healthy Ketosis & Intermittent Fasting. He is the author of the best-selling book The Healthy Keto Plan, and is the Director of Dr. Berg Nutritionals. He no longer practices, but focuses on health education through social media.

Jon is joined by Sherrie Wallace to discuss an upcoming girls' speech competition. Liz Collin and Chris Madel continue the in-studio conversation, this time focused on the Minneapolis Police Decree and issues with Minneapolis Crime Watch.

Yesterday, the self-styled San Francisco “progressive” Joan Williams was on the show arguing that Democrats need to relearn the language of the American working class. But, as some of you have noted, Williams seems oblivious to the fact that politics is about more than simply aping other people's language. What you say matters, and the language of American working class, like all industrial working classes, is rooted in a critique of capitalism. She should probably read the New Yorker staff writer John Cassidy's excellent new book, Capitalism and its Critics, which traces capitalism's evolution and criticism from the East India Company through modern times. He defines capitalism as production for profit by privately-owned companies in markets, encompassing various forms from Chinese state capitalism to hyper-globalization. The book examines capitalism's most articulate critics including the Luddites, Marx, Engels, Thomas Carlisle, Adam Smith, Rosa Luxemburg, Keynes & Hayek, and contemporary figures like Sylvia Federici and Thomas Piketty. Cassidy explores how major economists were often critics of their era's dominant capitalist model, and untangles capitalism's complicated relationship with colonialism, slavery and AI which he regards as a potentially unprecedented economic disruption. This should be essential listening for all Democrats seeking to reinvent a post Biden-Harris party and message. 5 key takeaways* Capitalism has many forms - From Chinese state capitalism to Keynesian managed capitalism to hyper-globalization, all fitting the basic definition of production for profit by privately-owned companies in markets.* Great economists are typically critics - Smith criticized mercantile capitalism, Keynes critiqued laissez-faire capitalism, and Hayek/Friedman opposed managed capitalism. Each generation's leading economists challenge their era's dominant model.* Modern corporate structure has deep roots - The East India Company was essentially a modern multinational corporation with headquarters, board of directors, stockholders, and even a private army - showing capitalism's organizational continuity across centuries.* Capitalism is intertwined with colonialism and slavery - Industrial capitalism was built on pre-existing colonial and slave systems, particularly through the cotton industry and plantation economies.* AI represents a potentially unprecedented disruption - Unlike previous technological waves, AI may substitute rather than complement human labor on a massive scale, potentially creating political backlash exceeding even the "China shock" that contributed to Trump's rise.Keen On America is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Full TranscriptAndrew Keen: Hello, everybody. A couple of days ago, we did a show with Joan Williams. She has a new book out, "Outclassed: How the Left Lost the Working Class and How to Win Them Back." A book about language, about how to talk to the American working class. She also had a piece in Jacobin Magazine, an anti-capitalist magazine, about how the left needs to speak to what she calls average American values. We talked, of course, about Bernie Sanders and AOC and their language of fighting oligarchy, and the New York Times followed that up with "The Enduring Power of Anti-Capitalism in American Politics."But of course, that brings the question: what exactly is capitalism? I did a little bit of research. We can find definitions of capitalism from AI, from Wikipedia, even from online dictionaries, but I thought we might do a little better than relying on Wikipedia and come to a man who's given capitalism and its critics a great deal of thought. John Cassidy is well known as a staff writer at The New Yorker. He's the author of a wonderful book, the best book, actually, on the dot-com insanity. And his new book, "Capitalism and its Critics," is out this week. John, congratulations on the book.So I've got to be a bit of a schoolmaster with you, John, and get some definitions first. What exactly is capitalism before we get to criticism of it?John Cassidy: Yeah, I mean, it's a very good question, Andrew. Obviously, through the decades, even the centuries, there have been many different definitions of the term capitalism and there are different types of capitalism. To not be sort of too ideological about it, the working definition I use is basically production for profit—that could be production of goods or mostly in the new and, you know, in today's economy, production of services—for profit by companies which are privately owned in markets. That's a very sort of all-encompassing definition.Within that, you can have all sorts of different types of capitalism. You can have Chinese state capitalism, you can have the old mercantilism, which industrial capitalism came after, which Trump seems to be trying to resurrect. You can have Keynesian managed capitalism that we had for 30 or 40 years after the Second World War, which I grew up in in the UK. Or you can have sort of hyper-globalization, hyper-capitalism that we've tried for the last 30 years. There are all those different varieties of capitalism consistent with a basic definition, I think.Andrew Keen: That keeps you busy, John. I know you started this project, which is a big book and it's a wonderful book. I read it. I don't always read all the books I have on the show, but I read from cover to cover full of remarkable stories of the critics of capitalism. You note in the beginning that you began this in 2016 with the beginnings of Trump. What was it about the 2016 election that triggered a book about capitalism and its critics?John Cassidy: Well, I was reporting on it at the time for The New Yorker and it struck me—I covered, I basically covered the economy in various forms for various publications since the late 80s, early 90s. In fact, one of my first big stories was the stock market crash of '87. So yes, I am that old. But it seemed to me in 2016 when you had Bernie Sanders running from the left and Trump running from the right, but both in some way offering very sort of similar critiques of capitalism. People forget that Trump in 2016 actually was running from the left of the Republican Party. He was attacking big business. He was attacking Wall Street. He doesn't do that these days very much, but at the time he was very much posing as the sort of outsider here to protect the interests of the average working man.And it seemed to me that when you had this sort of pincer movement against the then ruling model, this wasn't just a one-off. It seemed to me it was a sort of an emerging crisis of legitimacy for the system. And I thought there could be a good book written about how we got to here. And originally I thought it would be a relatively short book just based on the last sort of 20 or 30 years since the collapse of the Cold War and the sort of triumphalism of the early 90s.But as I got into it more and more, I realized that so many of the issues which had been raised, things like globalization, rising inequality, monopoly power, exploitation, even pollution and climate change, these issues go back to the very start of the capitalist system or the industrial capitalist system back in sort of late 18th century, early 19th century Britain. So I thought, in the end, I thought, you know what, let's just do the whole thing soup to nuts through the eyes of the critics.There have obviously been many, many histories of capitalism written. I thought that an original way to do it, or hopefully original, would be to do a sort of a narrative through the lives and the critiques of the critics of various stages. So that's, I hope, what sets it apart from other books on the subject, and also provides a sort of narrative frame because, you know, I am a New Yorker writer, I realize if you want people to read things, you've got to make it readable. Easiest way to make things readable is to center them around people. People love reading about other people. So that's sort of the narrative frame. I start off with a whistleblower from the East India Company back in the—Andrew Keen: Yeah, I want to come to that. But before, John, my sense is that to simplify what you're saying, this is a labor of love. You're originally from Leeds, the heart of Yorkshire, the center of the very industrial revolution, the first industrial revolution where, in your historical analysis, capitalism was born. Is it a labor of love? What's your family relationship with capitalism? How long was the family in Leeds?John Cassidy: Right, I mean that's a very good question. It is a labor of love in a way, but it's not—our family doesn't go—I'm from an Irish family, family of Irish immigrants who moved to England in the 1940s and 1950s. So my father actually did start working in a big mill, the Kirkstall Forge in Leeds, which is a big steel mill, and he left after seeing one of his co-workers have his arms chopped off in one of the machinery, so he decided it wasn't for him and he spent his life working in the construction industry, which was dominated by immigrants as it is here now.So I don't have a—it's not like I go back to sort of the start of the industrial revolution, but I did grow up in the middle of Leeds, very working class, very industrial neighborhood. And what a sort of irony is, I'll point out, I used to, when I was a kid, I used to play golf on a municipal golf course called Gotts Park in Leeds, which—you know, most golf courses in America are sort of in the affluent suburbs, country clubs. This was right in the middle of Armley in Leeds, which is where the Victorian jail is and a very rough neighborhood. There's a small bit of land which they built a golf course on. It turns out it was named after one of the very first industrialists, Benjamin Gott, who was a wool and textile industrialist, and who played a part in the Luddite movement, which I mention.So it turns out, I was there when I was 11 or 12, just learning how to play golf on this scrappy golf course. And here I am, 50 years later, writing about Benjamin Gott at the start of the Industrial Revolution. So yeah, no, sure. I think it speaks to me in a way that perhaps it wouldn't to somebody else from a different background.Andrew Keen: We did a show with William Dalrymple, actually, a couple of years ago. He's been on actually since, the Anglo or Scottish Indian historian. His book on the East India Company, "The Anarchy," is a classic. You begin in some ways your history of capitalism with the East India Company. What was it about the East India Company, John, that makes it different from other for-profit organizations in economic, Western economic history?John Cassidy: I mean, I read that. It's a great book, by the way. That was actually quoted in my chapter on these. Yeah, I remember. I mean, the reason I focused on it was for two reasons. Number one, I was looking for a start, a narrative start to the book. And it seemed to me, you know, the obvious place to start is with the start of the industrial revolution. If you look at economics history textbooks, that's where they always start with Arkwright and all the inventors, you know, who were the sort of techno-entrepreneurs of their time, the sort of British Silicon Valley, if you could think of it as, in Lancashire and Derbyshire in the late 18th century.So I knew I had to sort of start there in some way, but I thought that's a bit pat. Is there another way into it? And it turns out that in 1772 in England, there was a huge bailout of the East India Company, very much like the sort of 2008, 2009 bailout of Wall Street. The company got into trouble. So I thought, you know, maybe there's something there. And I eventually found this guy, William Bolts, who worked for the East India Company, turned into a whistleblower after he was fired for finagling in India like lots of the people who worked for the company did.So that gave me two things. Number one, it gave me—you know, I'm a writer, so it gave me something to focus on a narrative. His personal history is very interesting. But number two, it gave me a sort of foundation because industrial capitalism didn't come from nowhere. You know, it was built on top of a pre-existing form of capitalism, which we now call mercantile capitalism, which was very protectionist, which speaks to us now. But also it had these big monopolistic multinational companies.The East India Company, in some ways, was a very modern corporation. It had a headquarters in Leadenhall Street in the city of London. It had a board of directors, it had stockholders, the company sent out very detailed instructions to the people in the field in India and Indonesia and Malaysia who were traders who bought things from the locals there, brought them back to England on their company ships. They had a company army even to enforce—to protect their operations there. It was an incredible multinational corporation.So that was also, I think, fascinating because it showed that even in the pre-existing system, you know, big corporations existed, there were monopolies, they had royal monopolies given—first the East India Company got one from Queen Elizabeth. But in some ways, they were very similar to modern monopolistic corporations. And they had some of the problems we've seen with modern monopolistic corporations, the way they acted. And Bolts was the sort of first corporate whistleblower, I thought. Yeah, that was a way of sort of getting into the story, I think. Hopefully, you know, it's just a good read, I think.William Bolts's story because he was—he came from nowhere, he was Dutch, he wasn't even English and he joined the company as a sort of impoverished young man, went to India like a lot of English minor aristocrats did to sort of make your fortune. The way the company worked, you had to sort of work on company time and make as much money as you could for the company, but then in your spare time you're allowed to trade for yourself. So a lot of the—without getting into too much detail, but you know, English aristocracy was based on—you know, the eldest child inherits everything, so if you were the younger brother of the Duke of Norfolk, you actually didn't inherit anything. So all of these minor aristocrats, so major aristocrats, but who weren't first born, joined the East India Company, went out to India and made a fortune, and then came back and built huge houses. Lots of the great manor houses in southern England were built by people from the East India Company and they were known as Nabobs, which is an Indian term. So they were the sort of, you know, billionaires of their time, and it was based on—as I say, it wasn't based on industrial capitalism, it was based on mercantile capitalism.Andrew Keen: Yeah, the beginning of the book, which focuses on Bolts and the East India Company, brings to mind for me two things. Firstly, the intimacy of modern capitalism, modern industrial capitalism with colonialism and of course slavery—lots of books have been written on that. Touch on this and also the relationship between the birth of capitalism and the birth of liberalism or democracy. John Stuart Mill, of course, the father in many ways of Western democracy. His day job, ironically enough, or perhaps not ironically, was at the East India Company. So how do those two things connect, or is it just coincidental?John Cassidy: Well, I don't think it is entirely coincidental, I mean, J.S. Mill—his father, James Mill, was also a well-known philosopher in the sort of, obviously, in the earlier generation, earlier than him. And he actually wrote the official history of the East India Company. And I think they gave his son, the sort of brilliant protégé, J.S. Mill, a job as largely as a sort of sinecure, I think. But he did go in and work there in the offices three or four days a week.But I think it does show how sort of integral—the sort of—as you say, the inheritor and the servant in Britain, particularly, of colonial capitalism was. So the East India Company was, you know, it was in decline by that stage in the middle of the 19th century, but it didn't actually give up its monopoly. It wasn't forced to give up its monopoly on the Indian trade until 1857, after, you know, some notorious massacres and there was a sort of public outcry.So yeah, no, that's—it's very interesting that the British—it's sort of unique to Britain in a way, but it's interesting that industrial capitalism arose alongside this pre-existing capitalist structure and somebody like Mill is a sort of paradoxical figure because actually he was quite critical of aspects of industrial capitalism and supported sort of taxes on the rich, even though he's known as the great, you know, one of the great apostles of the free market and free market liberalism. And his day job, as you say, he was working for the East India Company.Andrew Keen: What about the relationship between the birth of industrial capitalism, colonialism and slavery? Those are big questions and I know you deal with them in some—John Cassidy: I think you can't just write an economic history of capitalism now just starting with the cotton industry and say, you know, it was all about—it was all about just technical progress and gadgets, etc. It was built on a sort of pre-existing system which was colonial and, you know, the slave trade was a central element of that. Now, as you say, there have been lots and lots of books written about it, the whole 1619 project got an incredible amount of attention a few years ago. So I didn't really want to rehash all that, but I did want to acknowledge the sort of role of slavery, especially in the rise of the cotton industry because of course, a lot of the raw cotton was grown in the plantations in the American South.So the way I actually ended up doing that was by writing a chapter about Eric Williams, a Trinidadian writer who ended up as the Prime Minister of Trinidad when it became independent in the 1960s. But when he was younger, he wrote a book which is now regarded as a classic. He went to Oxford to do a PhD, won a scholarship. He was very smart. I won a sort of Oxford scholarship myself but 50 years before that, he came across the Atlantic and did an undergraduate degree in history and then did a PhD there and his PhD thesis was on slavery and capitalism.And at the time, in the 1930s, the link really wasn't acknowledged. You could read any sort of standard economic history written by British historians, and they completely ignored that. He made the argument that, you know, slavery was integral to the rise of capitalism and he basically started an argument which has been raging ever since the 1930s and, you know, if you want to study economic history now you have to sort of—you know, have to have to address that. And the way I thought, even though the—it's called the Williams thesis is very famous. I don't think many people knew much about where it came from. So I thought I'd do a chapter on—Andrew Keen: Yeah, that chapter is excellent. You mentioned earlier the Luddites, you're from Yorkshire where Luddism in some ways was born. One of the early chapters is on the Luddites. We did a show with Brian Merchant, his book, "Blood in the Machine," has done very well, I'm sure you're familiar with it. I always understood the Luddites as being against industrialization, against the machine, as opposed to being against capitalism. But did those two things get muddled together in the history of the Luddites?John Cassidy: I think they did. I mean, you know, Luddites, when we grew up, I mean you're English too, you know to be called a Luddite was a term of abuse, right? You know, you were sort of antediluvian, anti-technology, you're stupid. It was only, I think, with the sort of computer revolution, the tech revolution of the last 30, 40 years and the sort of disruptions it's caused, that people have started to look back at the Luddites and say, perhaps they had a point.For them, they were basically pre-industrial capitalism artisans. They worked for profit-making concerns, small workshops. Some of them worked for themselves, so they were sort of sole proprietor capitalists. Or they worked in small venues, but the rise of industrial capitalism, factory capitalism or whatever, basically took away their livelihoods progressively. So they associated capitalism with new technology. In their minds it was the same. But their argument wasn't really a technological one or even an economic one, it was more a moral one. They basically made the moral argument that capitalists shouldn't have the right to just take away their livelihoods with no sort of recompense for them.At the time they didn't have any parliamentary representation. You know, they weren't revolutionaries. The first thing they did was create petitions to try and get parliament to step in, sort of introduce some regulation here. They got turned down repeatedly by the sort of—even though it was a very aristocratic parliament, places like Manchester and Leeds didn't have any representation at all. So it was only after that that they sort of turned violent and started, you know, smashing machines and machines, I think, were sort of symbols of the system, which they saw as morally unjust.And I think that's sort of what—obviously, there's, you know, a lot of technological disruption now, so we can, especially as it starts to come for the educated cognitive class, we can sort of sympathize with them more. But I think the sort of moral critique that there's this, you know, underneath the sort of great creativity and economic growth that capitalism produces, there is also a lot of destruction and a lot of victims. And I think that message, you know, is becoming a lot more—that's why I think why they've been rediscovered in the last five or ten years and I'm one of the people I guess contributing to that rediscovery.Andrew Keen: There's obviously many critiques of capitalism politically. I want to come to Marx in a second, but your chapter, I thought, on Thomas Carlyle and this nostalgic conservatism was very important and there are other conservatives as well. John, do you think that—and you mentioned Trump earlier, who is essentially a nostalgist for a—I don't know, some sort of bizarre pre-capitalist age in America. Is there something particularly powerful about the anti-capitalism of romantics like Carlyle, 19th century Englishman, there were many others of course.John Cassidy: Well, I think so. I mean, I think what is—conservatism, when we were young anyway, was associated with Thatcherism and Reaganism, which, you know, lionized the free market and free market capitalism and was a reaction against the pre-existing form of capitalism, Keynesian capitalism of the sort of 40s to the 80s. But I think what got lost in that era was the fact that there have always been—you've got Hayek up there, obviously—Andrew Keen: And then Keynes and Hayek, the two—John Cassidy: Right, it goes to the end of that. They had a great debate in the 1930s about these issues. But Hayek really wasn't a conservative person, and neither was Milton Friedman. They were sort of free market revolutionaries, really, that you'd let the market rip and it does good things. And I think that that sort of a view, you know, it just became very powerful. But we sort of lost sight of the fact that there was also a much older tradition of sort of suspicion of radical changes of any type. And that was what conservatism was about to some extent. If you think about Baldwin in Britain, for example.And there was a sort of—during the Industrial Revolution, some of the strongest supporters of factory acts to reduce hours and hourly wages for women and kids were actually conservatives, Tories, as they were called at the time, like Ashley. That tradition, Carlyle was a sort of extreme representative of that. I mean, Carlyle was a sort of proto-fascist, let's not romanticize him, he lionized strongmen, Frederick the Great, and he didn't really believe in democracy. But he also had—he was appalled by the sort of, you know, the—like, what's the phrase I'm looking for? The sort of destructive aspects of industrial capitalism, both on the workers, you know, he said it was a dehumanizing system, sounded like Marx in some ways. That it dehumanized the workers, but also it destroyed the environment.He was an early environmentalist. He venerated the environment, was actually very strongly linked to the transcendentalists in America, people like Thoreau, who went to visit him when he visited Britain and he saw the sort of destructive impact that capitalism was having locally in places like Manchester, which were filthy with filthy rivers, etc. So he just saw the whole system as sort of morally bankrupt and he was a great writer, Carlyle, whatever you think of him. Great user of language, so he has these great ringing phrases like, you know, the cash nexus or calling it the Gospel of Mammonism, the shabbiest gospel ever preached under the sun was industrial capitalism.So, again, you know, that's a sort of paradoxical thing, because I think for so long conservatism was associated with, you know, with support for the free market and still is in most of the Republican Party, but then along comes Trump and sort of conquers the party with a, you know, more skeptical, as you say, romantic, not really based on any reality, but a sort of romantic view that America can stand by itself in the world. I mean, I see Trump actually as a sort of an effort to sort of throw back to mercantile capitalism in a way. You know, which was not just pre-industrial, but was also pre-democracy, run by monarchs, which I'm sure appeals to him, and it was based on, you know, large—there were large tariffs. You couldn't import things in the UK. If you want to import anything to the UK, you have to send it on a British ship because of the navigation laws. It was a very protectionist system and it's actually, you know, as I said, had a lot of parallels with what Trump's trying to do or tries to do until he backs off.Andrew Keen: You cheat a little bit in the book in the sense that you—everyone has their own chapter. We'll talk a little bit about Hayek and Smith and Lenin and Friedman. You do have one chapter on Marx, but you also have a chapter on Engels. So you kind of cheat. You combine the two. Is it possible, though, to do—and you've just written this book, so you know this as well as anyone. How do you write a book about capitalism and its critics and only really give one chapter to Marx, who is so dominant? I mean, you've got lots of Marxists in the book, including Lenin and Luxemburg. How fundamental is Marx to a criticism of capitalism? Is most criticism, especially from the left, from progressives, is it really just all a footnote to Marx?John Cassidy: I wouldn't go that far, but I think obviously on the left he is the central figure. But there's an element of sort of trying to rebuild Engels a bit in this. I mean, I think of Engels and Marx—I mean obviously Marx wrote the great classic "Capital," etc. But in the 1840s, when they both started writing about capitalism, Engels was sort of ahead of Marx in some ways. I mean, the sort of materialist concept, the idea that economics rules everything, Engels actually was the first one to come up with that in an essay in the 1840s which Marx then published in one of his—in the German newspaper he worked for at the time, radical newspaper, and he acknowledged openly that that was really what got him thinking seriously about economics, and even in the late—in 20, 25 years later when he wrote "Capital," all three volumes of it and the Grundrisse, just these enormous outpourings of analysis on capitalism.He acknowledged Engels's role in that and obviously Engels wrote the first draft of the Communist Manifesto in 1848 too, which Marx then topped and tailed and—he was a better writer obviously, Marx, and he gave it the dramatic language that we all know it for. So I think Engels and Marx together obviously are the central sort of figures in the sort of left-wing critique. But they didn't start out like that. I mean, they were very obscure, you've got to remember.You know, they were—when they were writing, Marx was writing "Capital" in London, it never even got published in English for another 20 years. It was just published in German. He was basically an expat. He had been thrown out of Germany, he had been thrown out of France, so England was last resort and the British didn't consider him a threat so they were happy to let him and the rest of the German sort of left in there. I think it became—it became the sort of epochal figure after his death really, I think, when he was picked up by the left-wing parties, which are especially the SPD in Germany, which was the first sort of socialist mass party and was officially Marxist until the First World War and there were great internal debates.And then of course, because Lenin and the Russians came out of that tradition too, Marxism then became the official doctrine of the Soviet Union when they adopted a version of it. And again there were massive internal arguments about what Marx really meant, and in fact, you know, one interpretation of the last 150 years of left-wing sort of intellectual development is as a sort of argument about what did Marx really mean and what are the important bits of it, what are the less essential bits of it. It's a bit like the "what did Keynes really mean" that you get in liberal circles.So yeah, Marx, obviously, this is basically an intellectual history of critiques of capitalism. In that frame, he is absolutely a central figure. Why didn't I give him more space than a chapter and a chapter and a half with Engels? There have been a million books written about Marx. I mean, it's not that—it's not that he's an unknown figure. You know, there's a best-selling book written in Britain about 20 years ago about him and then I was quoting, in my biographical research, I relied on some more recent, more scholarly biographies. So he's an endlessly fascinating figure but I didn't want him to dominate the book so I gave him basically the same space as everybody else.Andrew Keen: You've got, as I said, you've got a chapter on Adam Smith who's often considered the father of economics. You've got a chapter on Keynes. You've got a chapter on Friedman. And you've got a chapter on Hayek, all the great modern economists. Is it possible, John, to be a distinguished economist one way or the other and not be a critic of capitalism?John Cassidy: Well, I don't—I mean, I think history would suggest that the greatest economists have been critics of capitalism in their own time. People would say to me, what the hell have you got Milton Friedman and Friedrich Hayek in a book about critics of capitalism? They were great exponents, defenders of capitalism. They loved the system. That is perfectly true. But in the 1930s, 40s, 50s, 60s, and 70s, middle of the 20th century, they were actually arch-critics of the ruling form of capitalism at the time, which was what I call managed capitalism. What some people call Keynesianism, what other people call European social democracy, whatever you call it, it was a model of a mixed economy in which the government played a large role both in propping up demand and in providing an extensive social safety net in the UK and providing public healthcare and public education. It was a sort of hybrid model.Most of the economy in terms of the businesses remained in private hands. So most production was capitalistic. It was a capitalist system. They didn't go to the Soviet model of nationalizing everything and Britain did nationalize some businesses, but most places didn't. The US of course didn't but it was a form of managed capitalism. And Hayek and Friedman were both great critics of that and wanted to sort of move back to 19th century laissez-faire model.Keynes was a—was actually a great, I view him anyway, as really a sort of late Victorian liberal and was trying to protect as much of the sort of J.S. Mill view of the world as he could, but he thought capitalism had one fatal flaw: that it tended to fall into recessions and then they can snowball and the whole system can collapse which is what had basically happened in the early 1930s until Keynesian policies were adopted. Keynes sort of differed from a lot of his followers—I have a chapter on Joan Robinson in there, who were pretty left-wing and wanted to sort of use Keynesianism as a way to shift the economy quite far to the left. Keynes didn't really believe in that. He has a famous quote that, you know, once you get to full employment, you can then rely on the free market to sort of take care of things. He was still a liberal at heart.Going back to Adam Smith, why is he in a book on criticism of capitalism? And again, it goes back to what I said at the beginning. He actually wrote "The Wealth of Nations"—he explains in the introduction—as a critique of mercantile capitalism. His argument was that he was a pro-free trader, pro-small business, free enterprise. His argument was if you get the government out of the way, we don't need these government-sponsored monopolies like the East India Company. If you just rely on the market, the sort of market forces and competition will produce a good outcome. So then he was seen as a great—you know, he is then seen as the apostle of free market capitalism. I mean when I started as a young reporter, when I used to report in Washington, all the conservatives used to wear Adam Smith badges. You don't see Donald Trump wearing an Adam Smith badge, but that was the case.He was also—the other aspect of Smith, which I highlight, which is not often remarked on—he's also a critic of big business. He has a famous section where he discusses the sort of tendency of any group of more than three businessmen when they get together to try and raise prices and conspire against consumers. And he was very suspicious of, as I say, large companies, monopolies. I think if Adam Smith existed today, I mean, I think he would be a big supporter of Lina Khan and the sort of antitrust movement, he would say capitalism is great as long as you have competition, but if you don't have competition it becomes, you know, exploitative.Andrew Keen: Yeah, if Smith came back to live today, you have a chapter on Thomas Piketty, maybe he may not be French, but he may be taking that position about how the rich benefit from the structure of investment. Piketty's core—I've never had Piketty on the show, but I've had some of his followers like Emmanuel Saez from Berkeley. Yeah. How powerful is Piketty's critique of capitalism within the context of the classical economic analysis from Hayek and Friedman? Yeah, it's a very good question.John Cassidy: It's a very good question. I mean, he's a very paradoxical figure, Piketty, in that he obviously shot to world fame and stardom with his book on capital in the 21st century, which in some ways he obviously used the capital as a way of linking himself to Marx, even though he said he never read Marx. But he was basically making the same argument that if you leave capitalism unrestrained and don't do anything about monopolies etc. or wealth, you're going to get massive inequality and he—I think his great contribution, Piketty and the school of people, one of them you mentioned, around him was we sort of had a vague idea that inequality was going up and that, you know, wages were stagnating, etc.What he and his colleagues did is they produced these sort of scientific empirical studies showing in very simple to understand terms how the sort of share of income and wealth of the top 10 percent, the top 5 percent, the top 1 percent and the top 0.1 percent basically skyrocketed from the 1970s to about 2010. And it was, you know, he was an MIT PhD. Saez, who you mentioned, is a Berkeley professor. They were schooled in neoclassical economics at Harvard and MIT and places like that. So the right couldn't dismiss them as sort of, you know, lefties or Trots or whatever who're just sort of making this stuff up. They had to acknowledge that this was actually an empirical reality.I think it did change the whole basis of the debate and it was sort of part of this reaction against capitalism in the 2010s. You know it was obviously linked to the sort of Sanders and the Occupy Wall Street movement at the time. It came out of the—you know, the financial crisis as well when Wall Street disgraced itself. I mean, I wrote a previous book on all that, but people have sort of, I think, forgotten the great reaction against that a decade ago, which I think even Trump sort of exploited, as I say, by using anti-banker rhetoric at the time.So, Piketty was a great figure, I think, from, you know, I was thinking, who are the most influential critics of capitalism in the 21st century? And I think you'd have to put him up there on the list. I'm not saying he's the only one or the most eminent one. But I think he is a central figure. Now, of course, you'd think, well, this is a really powerful critic of capitalism, and nobody's going to pick up, and Bernie's going to take off and everything. But here we are a decade later now. It seems to be what the backlash has produced is a swing to the right, not a swing to the left. So that's, again, a sort of paradox.Andrew Keen: One person I didn't expect to come up in the book, John, and I was fascinated with this chapter, is Silvia Federici. I've tried to get her on the show. We've had some books about her writing and her kind of—I don't know, you treat her critique as a feminist one. The role of women. Why did you choose to write a chapter about Federici and that feminist critique of capitalism?John Cassidy: Right, right. Well, I don't think it was just feminist. I'll explain what I think it was. Two reasons. Number one, I wanted to get more women into the book. I mean, it's in some sense, it is a history of economics and economic critiques. And they are overwhelmingly written by men and women were sort of written out of the narrative of capitalism for a very long time. So I tried to include as many sort of women as actual thinkers as I could and I have a couple of early socialist feminist thinkers, Anna Wheeler and Flora Tristan and then I cover some of the—I cover Rosa Luxemburg as the great sort of tribune of the left revolutionary socialist, communist whatever you want to call it. Anti-capitalist I think is probably also important to note about. Yeah, and then I also have Joan Robinson, but I wanted somebody to do something in the modern era, and I thought Federici, in the world of the Wages for Housework movement, is very interesting from two perspectives.Number one, Federici herself is a Marxist, and I think she probably would still consider herself a revolutionary. She's based in New York, as you know now. She lived in New York for 50 years, but she came from—she's originally Italian and came out of the Italian left in the 1960s, which was very radical. Do you know her? Did you talk to her? I didn't talk to her on this. No, she—I basically relied on, there has been a lot of, as you say, there's been a lot of stuff written about her over the years. She's written, you know, she's given various long interviews and she's written a book herself, a version, a history of housework, so I figured it was all there and it was just a matter of pulling it together.But I think the critique, why the critique is interesting, most of the book is a sort of critique of how capitalism works, you know, in the production or you know, in factories or in offices or you know, wherever capitalist operations are working, but her critique is sort of domestic reproduction, as she calls it, the role of unpaid labor in supporting capitalism. I mean it goes back a long way actually. There was this moment, I sort of trace it back to the 1940s and 1950s when there were feminists in America who were demonstrating outside factories and making the point that you know, the factory workers and the operations of the factory, it couldn't—there's one of the famous sort of tire factory in California demonstrations where the women made the argument, look this factory can't continue to operate unless we feed and clothe the workers and provide the next generation of workers. You know, that's domestic reproduction. So their argument was that housework should be paid and Federici took that idea and a couple of her colleagues, she founded the—it's a global movement, but she founded the most famous branch in New York City in the 1970s. In Park Slope near where I live actually.And they were—you call it feminists, they were feminists in a way, but they were rejected by the sort of mainstream feminist movement, the sort of Gloria Steinems of the world, who Federici was very critical of because she said they ignored, they really just wanted to get women ahead in the sort of capitalist economy and they ignored the sort of underlying from her perspective, the underlying sort of illegitimacy and exploitation of that system. So they were never accepted as part of the feminist movement. They're to the left of the Feminist Movement.Andrew Keen: You mentioned Keynes, of course, so central in all this, particularly his analysis of the role of automation in capitalism. We did a show recently with Robert Skidelsky and I'm sure you're familiar—John Cassidy: Yeah, yeah, great, great biography of Keynes.Andrew Keen: Yeah, the great biographer of Keynes, whose latest book is "Mindless: The Human Condition in the Age of AI." You yourself wrote a brilliant book on the last tech mania and dot-com capitalism. I used it in a lot of my writing and books. What's your analysis of AI in this latest mania and the role generally of manias in the history of capitalism and indeed in critiquing capitalism? Is AI just the next chapter of the dot-com boom?John Cassidy: I think it's a very deep question. I think I'd give two answers to it. In one sense it is just the latest mania the way—I mean, the way capitalism works is we have these, I go back to Kondratiev, one of my Russian economists who ended up being killed by Stalin. He was the sort of inventor of the long wave theory of capitalism. We have these short waves where you have sort of booms and busts driven by finance and debt etc. But we also have long waves driven by technology.And obviously, in the last 40, 50 years, the two big ones are the original deployment of the internet and microchip technology in the sort of 80s and 90s culminating in the dot-com boom of the late 90s, which as you say, I wrote about. Thanks very much for your kind comments on the book. If you just sort of compare it from a financial basis I think they are very similar just in terms of the sort of role of hype from Wall Street in hyping up these companies. The sort of FOMO aspect of it among investors that they you know, you can't miss out. So just buy the companies blindly. And the sort of lionization in the press and the media of, you know, of AI as the sort of great wave of the future.So if you take a sort of skeptical market based approach, I would say, yeah, this is just another sort of another mania which will eventually burst and it looked like it had burst for a few weeks when Trump put the tariffs up, now the market seemed to be recovering. But I think there is, there may be something new about it. I am not, I don't pretend to be a technical expert. I try to rely on the evidence of or the testimony of people who know the systems well and also economists who have studied it. It seems to me the closer you get to it the more alarming it is in terms of the potential shock value that there is there.I mean Trump and the sort of reaction to a larger extent can be traced back to the China shock where we had this global shock to American manufacturing and sort of hollowed out a lot of the industrial areas much of it, like industrial Britain was hollowed out in the 80s. If you, you know, even people like Altman and Elon Musk, they seem to think that this is going to be on a much larger scale than that and will basically, you know, get rid of the professions as they exist. Which would be a huge, huge shock. And I think a lot of the economists who studied this, who four or five years ago were relatively optimistic, people like Daron Acemoglu, David Autor—Andrew Keen: Simon Johnson, of course, who just won the Nobel Prize, and he's from England.John Cassidy: Simon, I did an event with Simon earlier this week. You know they've studied this a lot more closely than I have but I do interview them and I think five, six years ago they were sort of optimistic that you know this could just be a new steam engine or could be a microchip which would lead to sort of a lot more growth, rising productivity, rising productivity is usually associated with rising wages so sure there'd be short-term costs but ultimately it would be a good thing. Now, I think if you speak to them, they see since the, you know, obviously, the OpenAI—the original launch and now there's just this huge arms race with no government involvement at all I think they're coming to the conclusion that rather than being developed to sort of complement human labor, all these systems are just being rushed out to substitute for human labor. And it's just going, if current trends persist, it's going to be a China shock on an even bigger scale.You know what is going to, if that, if they're right, that is going to produce some huge political backlash at some point, that's inevitable. So I know—the thing when the dot-com bubble burst, it didn't really have that much long-term impact on the economy. People lost the sort of fake money they thought they'd made. And then the companies, obviously some of the companies like Amazon and you know Google were real genuine profit-making companies and if you bought them early you made a fortune. But AI does seem a sort of bigger, scarier phenomenon to me. I don't know. I mean, you're close to it. What do you think?Andrew Keen: Well, I'm waiting for a book, John, from you. I think you can combine dot-com and capitalism and its critics. We need you probably to cover it—you know more about it than me. Final question, I mean, it's a wonderful book and we haven't even scratched the surface everyone needs to get it. I enjoyed the chapter, for example, on Karl Polanyi and so much more. I mean, it's a big book. But my final question, John, is do you have any regrets about anyone you left out? The one person I would have liked to have been included was Rawls because of his sort of treatment of capitalism and luck as a kind of casino. I'm not sure whether you gave any thought to Rawls, but is there someone in retrospect you should have had a chapter on that you left out?John Cassidy: There are lots of people I left out. I mean, that's the problem. I mean there have been hundreds and hundreds of critics of capitalism. Rawls, of course, incredibly influential and his idea of the sort of, you know, the veil of ignorance that you should judge things not knowing where you are in the income distribution and then—Andrew Keen: And it's luck. I mean the idea of some people get lucky and some people don't.John Cassidy: It is the luck of the draw, obviously, what card you pull. I think that is a very powerful critique, but I just—because I am more of an expert on economics, I tended to leave out philosophers and sociologists. I mean, you know, you could say, where's Max Weber? Where are the anarchists? You know, where's Emma Goldman? Where's John Kenneth Galbraith, the sort of great mid-century critic of American industrial capitalism? There's so many people that you could include. I mean, I could have written 10 volumes. In fact, I refer in the book to, you know, there's always been a problem. G.D.H. Cole, a famous English historian, wrote a history of socialism back in the 1960s and 70s. You know, just getting to 1850 took him six volumes. So, you've got to pick and choose, and I don't claim this is the history of capitalism and its critics. That would be a ridiculous claim to make. I just claim it's a history written by me, and hopefully the people are interested in it, and they're sufficiently diverse that you can address all the big questions.Andrew Keen: Well it's certainly incredibly timely. Capitalism and its critics—more and more of them. Sometimes they don't even describe themselves as critics of capitalism when they're talking about oligarchs or billionaires, they're really criticizing capitalism. A must read from one of America's leading journalists. And would you call yourself a critic of capitalism, John?John Cassidy: Yeah, I guess I am, to some extent, sure. I mean, I'm not a—you know, I'm not on the far left, but I'd say I'm a center-left critic of capitalism. Yes, definitely, that would be fair.Andrew Keen: And does the left need to learn? Does everyone on the left need to read the book and learn the language of anti-capitalism in a more coherent and honest way?John Cassidy: I hope so. I mean, obviously, I'd be talking my own book there, as they say, but I hope that people on the left, but not just people on the left. I really did try to sort of be fair to the sort of right-wing critiques as well. I included the Carlyle chapter particularly, obviously, but in the later chapters, I also sort of refer to this emerging critique on the right, the sort of economic nationalist critique. So hopefully, I think people on the right could read it to understand the critiques from the left, and people on the left could read it to understand some of the critiques on the right as well.Andrew Keen: Well, it's a lovely book. It's enormously erudite and simultaneously readable. Anyone who likes John Cassidy's work from The New Yorker will love it. Congratulations, John, on the new book, and I'd love to get you back on the show as anti-capitalism in America picks up steam and perhaps manifests itself in the 2028 election. Thank you so much.John Cassidy: Thanks very much for inviting me on, it was fun.Keen On America is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe

Damaune serves as Global Chief Growth Officer at 72andSunny, one of the world's most admired and innovative creative agencies, where he is responsible for the global revenue of the business including marketing and revenue operations, business development, and corporate communications.For Journey, success means driving growth on both the agency and the client sides of the partnership, and he works across 72andSunny's four global offices, as well as its long roster of brands, including the National Football League, United Airlines, Zoom, and Audible. Previously, Journey was Chief Growth/Marketing Officer at Private Medical, a concierge medical practice serving select UHNW families across the United States. In this role, he successfully developed and led the organization's growth and expansion strategy. Prior to Private Medical, Journey was hired by private equity firm TPG Growth to serve as Chief Revenue Officer at the renowned private security firm Gavin de Becker & Associates, where he was responsible forrevenue growth, marketing and commercial operations, and scaling strategy.As an executive and business unit leader at ShotSpotter, a venture-backed technology company, Journey helped lead thefirm's IPO with its 2016 NASDAQ listing and was a featured protagonist in the Harvard Business School case, “ShotSpotter: A Gunfire Detection Business Looks for a New Market” about his efforts. Before ShotSpotter, he led global marketing and business development for CSECO, where he successfullyexpanded the business to international markets on four continents.Outside of his private-sector career, Journey has proudly served as National Chairperson and advisory board member of the National Society of Black Engineers and currently serves as a board director for a number of non-profits and social enterprises. Journey has a Bachelor's degree in Industrial & Operations Engineering from the University of Michigan-Ann Arbor and an MBA from Harvard Business School. Born and raised in Flint, Michigan, helives in Oakland, CA with his wife and their two young children.

Podcast: Casos de Ciberseguridad IndustrialEpisode: 3/4 Acciones Gestionando Ciberresilienca en un entorno industrialPub date: 2025-05-18Get Podcast Transcript →powered by Listen411 - fast audio-to-text and summarizationEn este episodio se revisan las medidas concretas recomendadas en una organización para fortalecer la ciberresiliencia en las operaciones industriales.The podcast and artwork embedded on this page are from Centro de Ciberseguridad Industrial, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.

In this installment, Daniel and Tom push deeper into the roots of economic anxiety, the morality of money printing, the logic (and danger) of debt, and why the “Monopoly game” always ends in revolution, collapse, or war. They ask what it will really take to avoid history's bloodiest outcomes — and whether the solutions are personal, systemic, or already out of reach. SHOWNOTES43:12 Why money printing is immoral — and also unavoidable52:09 Why the end of the “Monopoly game” means collapse, war, or revolution54:26 Why emotional arguments win — but don't provide answers55:26 Is there any bloodless way out of our current economic predicament?56:04 The dual systems: Industrial age in decline, digital age on the rise59:03 Chess, cards, and elite training simulations (the structure of society)1:10:03 The baby boom, housing inflation, and the demographic crunch1:14:02 Bell curve economics vs. power law distribution1:15:43 Why money printing makes “saving your way up” impossible1:16:48 Agency, intelligence, inflation and who gets ahead1:26:40 Adam Smith, self-interest, and how the invisible hand really works1:30:06 Authoritarianism, top-down fear, and the dangers of utopian “rescue” plans1:41:25 Artificial General Intelligence, wide access, and the dawn of creative superpowers1:46:13 Creation vs. consumption — the fork in the road for personal success1:50:13 Why future careers will be plural, fast, creative loops1:54:02 Will most people embrace agency, or get left behind by hyperloops? CONNECT WITH DANIEL PRIESTLEYInstagram: https://www.instagram.com/danielpriestley/LinkedIn: https://www.linkedin.com/in/danielpriestley/Twitter/X: https://twitter.com/DanielPriestleyWebsite: https://www.danielpriestley.com CHECK OUT OUR SPONSORS Vital Proteins: Get 20% off by going to ⁠https://www.vitalproteins.com⁠ and entering promo code IMPACT at check out Monarch Money: Use code THEORY at ⁠https://monarchmoney.com⁠ for 50% off your first year! Shopify: Sign up for your one-dollar-per-month trial period at ⁠https://shopify.com/impact⁠ Netsuite: Download the CFO's Guide to AI and Machine Learning at ⁠https://NetSuite.com/THEORY⁠ iTrust Capital: Use code IMPACTGO when you sign up and fund your account to get a $100 bonus at ⁠https://www.itrustcapital.com/tombilyeu⁠  Mint Mobile: If you like your money, Mint Mobile is for you. Shop plans at ⁠https://mintmobile.com/impact.⁠  DISCLAIMER: Upfront payment of $45 for 3-month 5 gigabyte plan required (equivalent to $15/mo.). New customer offer for first 3 months only, then full-price plan options available. Taxes & fees extra. See MINT MOBILE for details. What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business:⁠ join me here at ZERO TO FOUNDER⁠ SCALING a business:⁠ see if you qualify here.⁠ Get my battle-tested strategies and insights delivered weekly to your inbox:⁠ sign up here.⁠ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast,⁠ Tom Bilyeu's Mindset Playbook⁠ —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** LISTEN TO IMPACT THEORY AD FREE + BONUS EPISODES on APPLE PODCASTS:⁠ apple.co/impacttheory⁠ ********************************************************************** FOLLOW TOM: Instagram:⁠ https://www.instagram.com/tombilyeu/⁠ Tik Tok:⁠ https://www.tiktok.com/@tombilyeu?lang=en⁠ Twitter:⁠ https://twitter.com/tombilyeu⁠ YouTube:⁠ https://www.youtube.com/@TomBilyeu⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

One of the things Larry and I have noticed time and again when eating out, is how some restaurants deliver a plate filled with flavor and life, while others deliver slightly salted cardboard.Growing up in a family steeped in mystical knowledge, it was not secret that not everyone was allowed in the kitchen. Anyone who was angry was immediately removed, for example.Why? What did it matter? You may ask the reason was energy and frequency. It wasn't just about how an angry person, or a sad person, or a person who was distracted with a television or radio show would forget how much salt they put in the pot and then deliver something that was too salty or had no salt. No. It was more than that.I clearly remember as a six year old as my mother exited the kitchen and walked around our small suburban home talking to all her sisters and a couple of the neighbors who were there at the time to see who could help her in the kitchen to make mayonnaise. She finally chose a young woman and they both walked to the kitchen together.I could not see any difference between the women in the house, myself. They had all said they knew how to make mayonnaise, so I asked her, why did she choose this one person above the others. My mom gave me a list of things:One was mostly working with dark powers. She was a vindictive and malicious woman and mom didn't want the mayo to taste bitter.Another three were on their periods. My mom said our family suffered with pain and bad temper which would inevitably “kill the egg and curdle the mayo”.And the woman she chose was voted as the most capable mayo creator in the family. But she needed to be left alone until it was finished. No one, apart from my mom who was cooking, was allowed in the kitchen until the mayo was finished. Which took about thirty minutes. Of course, seeing as I was only six years old, I was allowed to stay as long as I stayed very quiet.I watched the woman gently break the eggs open and separate the yolks, placing them on a flat plate. She sat down and with a fork started to gently, in very smooth circular motions, mixing the yolks together, then adding a few drops of oil at a time. I watched as her energy became a beautiful, smooth spiral. My mom tapped my shoulder and guided me out of the kitchen at that point. “You were watching too intently,” she began to explain why I was not allowed in the kitchen anymore, “and the eggs don't like that. But now you have seen how it is done and tomorrow will be your turn.”I waited outside the kitchen, sitting on the tiled floor for the magical mayo to be ready. Eventually, the young woman came out smiling and carrying the plate which was now filled with the deep orange, smooth mayo, which also sparkled with life force. I gasped at the plate and her smile grew larger. She then walked past me and to the dining room table, where she placed her creation to be admired by the rest of the family and friends.To compare the flavor and energy of that mayo to what we pour out of a bottle purchased at the local supermarket, would be impossible.The sad part is that the supermarket shelf mayo is indeed filled with energies and frequencies, but they are not life supporting or happy. You may feel into the jars, and see what energies are present in the making, and some are not all nasty, some of the individuals in charge of the process purposely leave out what they determine to be toxic. For example, organic, gmo free factories.One might think that the shelf mayo is that way due to the industrial process only, but unfortunately that is not the case. Industrial food is purposely filled with death, necrotic, energy designed to make the masses sick. We can eat the stuff as long as it is not done on a regular basis, and we mostly eat good, nourishing food. We can also channel divine life force and love into our food before we ingest it. This won't affect any poisons, gmos, or nano technology in the food, they will still have negative effects on our bodies, but the frequency and life force in the food can be added to support us rather than make us sick. For that to work, though, at least a tiny bit of lifeforce needs to be in the food to begin with.I don't want to give the impression that if you buy a food chain burger filled with nanotechnology, gmos and necrotic energy, hold it in your hands, send life force and love into it, it won't harm you. This was possible ten years ago, but with the amount of life destroying ingredients in that type of food today, your efforts are not going to affect it much, if at all. Diligence is paramount, but there is no excuse to become a victim. So, if you do choose to eat that type of food, do it with full awareness and take steps to mitigate the damage afterwards.Organic, non-gmo industrial food will respond positively to life force and love infusion. Making your own mayo from happy eggs, with the tv and computer off, can create an enchanted magical, tasty treat so long you keep your own field of creation clean, clear and high-frequency too. If you are a grumpy bear at the time, it might not work at all, or it might taste bitter. On our podcast, Drivingtotherez.com, I will share a followup story ten years later, when I was set to prove my mom wrong and made mayo with the entire egg, on my period, and using a loud and chaotic power mixer. But she saw through my tricks and the experiment proved her right all over again.The discussion doesn't stop here—listen to the full podcast episode for unfiltered insights from Inelia and our panelists. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.drivingtotherez.com/subscribe

Como primer plato vamos a traer un curioso repaso a la biografía de varios papas. Ya que el nuevo Sumo Pontífice ha escogido el nombre papal de León XIV se nos ha ocurrido la idea de conocer a los 13 obispos de Roma que compartieron nombre con Robert Prevost. En este repaso aparecerán personajes muy conocidos como Atila, Carlomagno, Rafael Sanzio y Lutero. Todo de la mano de Pello Larrinaga Si hace unas semanas hablamos de las mujeres en la historia del arte, hoy vamos a asomarnos al papel protagónico de las mismas en el surgimiento de la literatura escrita. Y es que vamos a hablar de Enheduanna, la primera autora que firmó sus escritos de la que tenemos constancia. Para descubrir a esta pionera, vamos a viajar, de la mano de Laura Rocha y Paco Moreno, que han escrito “Ella habla, las montañas se derrumban” (Espinas, 2024) a la Sumeria de hace másde 4.000 años. Orquesta la entrevista Mikel Carramiñana. En la repetición, volvemos a ofreceros una entrega de Por los dioses, en la que Sergio Alejo (acompañado por el inquisidor) nos habló nada menos que de Sargón I, el creador del Imperio acadio. Y lo recuperamos para ubicar mejor al personaje del que os hemos hablado antes, Enheduanna, y es que Sargón no era ni más ni menos que su padre, y quien la nombró suma sacerdotisa. Su linaje gobernó los designios de Mesopotamia, y alrededores, durante más de un siglo. Escucha el episodio completo en la app de iVoox, o descubre todo el catálogo de iVoox Originals

Uncertainty is the new normal for the chemical industry, but leaders still need to make smart decisions that drive business forward. Victoria Meyer tackles the critical actions leaders should be taking at the midyear point of 2025, offering strategic advice for operating in volatile markets, maintaining resilient supply chains, and effectively communicating through change. With insights from industry leaders, she highlights the importance of scenario planning, mindful diversification, and strategic cash management while emphasizing the value of strong relationships across the business ecosystem. Victoria also spotlights the upcoming The Chemical Summit in Houston, which centers on leadership through industry transformation, and explores the internal and external moves executives are using to keep their teams focused and adaptive.  Learn more about these topics this week: Midyear Reset: Now is the time to pause, reassess, and recalibrate your business strategies for the rest of 2025 Leading Through Uncertainty: Unpack the specific challenges chemical companies are facing this year Smart leadership moves and the five key actions that drive confident decision-making and resilient operations The power of strategic relationships: why reinforcing existing partnerships and building new ones across the supply chain is more important than ever before Seizing opportunity in change: Learn how industry leaders are preparing for the unexpected Killer Quote: “In times of uncertainty, relationships matter. Businesses and people, and it's people that are inside the businesses, need higher levels of trust and confidence in their partners when we're in these periods of uncertainty.” -Victoria Meyer 00:00 "Chemical Summit: Leadership Through Change" 05:35 "Six Leadership Tactics for Uncertain Times" 07:53 Enhancing Internal and External Communication 12:04 Clarifying Goals and Strengthening Relationships 16:40 Refocusing on Diversified Supply Chains 17:52 Strategic Diversification in Markets 21:57 Strategic Investment and Relationship Management 25:07 Midyear Reset for Leaders  Subscribe to The Chemical Show on YouTube ***Don't miss an episode: Subscribe to The Chemical Show on your favorite podcast player.  ***Like what you hear? Leave a rating and review. ***Want more insights? Sign up for our email list at https://www.thechemicalshow.com 

How did they get in? How did we find them when they got in? What can we do in future to clean up the mess faster? Chris Sistrunk reflects on a decades' industrial cyber incident response experience at Mandiant (Google).

How did they get in? How did we find them when they got in? What can we do in future to clean up the mess faster? Chris Sistrunk reflects on a decades' industrial cyber incident response experience at Mandiant (Google).

 Communion After Dark - features the latest and best in Dark Alternative-Electronic Music. This week's show features music from VNV Nation, Peter Murphy, Fictional, Stars Crusaders, My Love Kills, and new music from many more artists worldwide. 

When it comes to understanding real estate cycles, few voices carry as much weight as Prof. Glenn Mueller, of Denver University. With over 40 years in the real estate industry and more than three decades of publishing the Market Cycle Monitor – used by institutional investors, developers, and academics alike – his data-driven framework is one of the most respected in commercial real estate.   In my conversation with Prof. Mueller, he shared where each property type stands today, what signals matter most, and how CRE professionals should be thinking about the road ahead.   Market Cycle: Where We Are Now Most Property Sectors Still in Growth Phase Despite headlines, the underlying fundamentals in many sectors are still solid. Industrial and retail are at or near peak occupancy, with retail benefiting from a decade of underbuilding. Hotels and some apartments are in expansion phases, while office remains in recession. Office: Structural Downshift, Not Just a Cycle Post-COVID remote work has fundamentally reshaped office demand. Class A in prime markets (e.g., NYC) is thriving; B/C assets and suburban offices are struggling. Adaptive reuse (e.g., office-to-resi conversions) is being explored but not yet widespread. Apartments: Strong Demand, But Misaligned Supply There's a 6.5 million unit housing shortfall, yet high-end, urban supply has overshot demand. Affordable and workforce housing remain undersupplied and present the most attractive opportunities. What CRE Pros Should Track Employment > GDP Mueller emphasizes employment growth as the single most reliable predictor of real estate demand. Despite economic noise, job growth remains positive, indicating continued underlying support for real estate fundamentals. Occupancy Drives Rent, Not Price Mueller's cycle model is based on physical occupancy, not asset pricing. Price movements are driven by capital flows, but true performance comes from rent and income growth – especially critical in today's higher-rate environment. Supply Trends by Sector Retail: Nationally at peak occupancy. Almost all new space is pre-leased. Over a decade of cautious development has created a tight market. Industrial: Slight oversupply after a COVID-era building spree but expected to correct by 2026. Multifamily: Select markets are overbuilt (e.g., downtown Class A), but suburbs and affordable housing show structural undersupply. Hotels: Bifurcated; leisure and conference travel rebounding; business travel still lagging. Capital Markets Insights Prices Are Down, and May Not Drop Further Higher interest rates have cooled pricing, but a wave of dry powder is still waiting. Institutional investors are sitting on capital and may deploy if prices stabilize rather than fall further. Cap Rates Are Rising – But Slowly Cap rates haven't adjusted upward as fast as borrowing costs, leading to negative leverage. Cash buyers dominate today's market. Defaults Without Distress? High-profile institutional owners (e.g., Brookfield) are handing back keys on offices; a sign of strategic exit, not systemic distress. Geopolitics and Macro Outlook Tariffs and Reshoring Could Reshape Demand Mueller sees Trump's industrial policy (tariffs, reshoring) as a potential long-term positive for U.S. real estate, especially industrial. Global Capital Still Engaged, But Cautious Foreign investors remain active, but currency shifts and geopolitical risk are reshaping cross-border flows. Bottom Line for CRE Sponsors Know Your Local Cycle – Even in national downturns, markets like Norfolk, VA, Honolulu, HI, and Riverside, CA, are peaking. Prioritize Income Stability – Focus on tenants who weathered COVID and economic shocks. Watch Employment, Not Noise – Labor market data remains the clearest leading indicator for demand. Cash is King (for now) – With interest rates high and spreads compressed, unlevered buyers have the advantage. Position for Affordability – Whether in retail or multifamily, demand is strongest at the middle and lower price tiers. I'm sure you'll find Glenn's insights as valuable as I did – and be sure to watch the episode as he guides us through slides of his latest report. As always, the goal is to help you make better-informed investment decisions by understanding where we are – and where we might be headed.   *** In this series, I cut through the noise to examine how shifting macroeconomic forces and rising geopolitical risk are reshaping real estate investing.   With insights from economists, academics, and seasoned professionals, this show helps investors respond to market uncertainty with clarity, discipline, and a focus on downside protection.    Subscribe to my free newsletter for timely updates, insights, and tools to help you navigate today's volatile real estate landscape. You'll get: Straight talk on what happens when confidence meets correction - no hype, no spin, no fluff. Real implications of macro trends for investors and sponsors with actionable guidance. Insights from real estate professionals who've been through it all before. Visit GowerCrowd.com/subscribe Email: adam@gowercrowd.com Call: 213-761-1000

A WEF Strategic Goal is to lead the transformation to the Circular Water Economy. Veolia is embracing the challenge of … More

Authorities say the Chinese economy managed to withstand pressure and realize steady growth in April. The country's value-added industrial output expanded 6.1 percent year on year last month.

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2983: Laure Carter offers a grounded, practical guide to navigating the often confusing world of clean eating by prioritizing local, organic, and non-GMO foods. With clear insights rooted in Ayurveda and supported by sobering research on chemical exposure, she empowers listeners to make informed choices that benefit both personal health and the environment. Read along with the original article(s) here: https://www.laurecarter.com/tips-for-buying-clean-and-healthy-food/ Quotes to ponder: "Industrial pollution begins in the womb." "Our gut bacteria changes along with the seasons, allowing us to digest properly the foods that grow during that season." "Buying whole grains is always a good idea because it's more nutritious. However, you should only buy organic whole grains." Episode references: EWG Dirty Dozen List App: https://www.ewg.org/foodnews/mobile/ Environmental Health Perspectives - UW Study on Pesticides: https://ehp.niehs.nih.gov/doi/full/10.1289/ehp.8418 Learn more about your ad choices. Visit megaphone.fm/adchoices

A gray overcast day makes sense while we in Canada celebrate our ever increasingly anarchonistic holiday "Victoria Day". Traditionally this is known as the May two four weekend. Two four being common slang for a case of beer. While I don't really drink anymore, I'll be going out to resupply my stock of Root Beer, as I seem to have slightly regressed a bit back into childhood. Sex Code - Your Silent Face Studio-X - Clouds & Trees (Elektrostaub) Retrojunkies - Unterwelt (Massiv In Mensch) Exsequor - The Fallen Digital Energy - Addicted To You MONO_XYD - Lessons II (Monya) Core In Motion - Fire In My Eyes (Sonic Sound Factory) VNV Nation - Station 21 http://synthetic.org/ https://www.youtube.com/@RealSyntheticAudio

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2983: Laure Carter offers a grounded, practical guide to navigating the often confusing world of clean eating by prioritizing local, organic, and non-GMO foods. With clear insights rooted in Ayurveda and supported by sobering research on chemical exposure, she empowers listeners to make informed choices that benefit both personal health and the environment. Read along with the original article(s) here: https://www.laurecarter.com/tips-for-buying-clean-and-healthy-food/ Quotes to ponder: "Industrial pollution begins in the womb." "Our gut bacteria changes along with the seasons, allowing us to digest properly the foods that grow during that season." "Buying whole grains is always a good idea because it's more nutritious. However, you should only buy organic whole grains." Episode references: EWG Dirty Dozen List App: https://www.ewg.org/foodnews/mobile/ Environmental Health Perspectives - UW Study on Pesticides: https://ehp.niehs.nih.gov/doi/full/10.1289/ehp.8418 Learn more about your ad choices. Visit megaphone.fm/adchoices

In a substantive discussion, Tirrea Billings, a storyteller and narrative strategist, unpacks the realities of the Nonprofit Industrial Complex. She included a bonus discussion on conference burnout.Subscribe to our Newsletter:https://politicsdoneright.com/newsletterPurchase our Books: As I See It: https://amzn.to/3XpvW5o How To Make AmericaUtopia: https://amzn.to/3VKVFnG It's Worth It: https://amzn.to/3VFByXP Lose Weight And BeFit Now: https://amzn.to/3xiQK3K Tribulations of anAfro-Latino Caribbean man: https://amzn.to/4c09rbE

Born at Fort Sill, Oklahoma, Eddy Gibbs was raised in Checotah by his mother. Only 10 when his father passed away, Gibbs felt a strong need to provide for the family.  After graduation from high school, he began installing fences in Tulsa, followed by apprenticeships in Kansas City, Missouri and Bakersfield, California to perfect the trade. He returned home to start his own company and, eight years later, began manufacturing fence products.  Ameristar became the largest ornamental fence manufacturer in the world. Upon sale of the company, with terms that the company remain in Oklahoma, Gibbs distributed a portion of the proceeds from the sale to employees as a token of appreciation.Close to his Owasso home, Gibbs' weekend retreat is northeast Oklahoma's Shangri-La Resort. After it fell into disrepair, he purchased the property and restored the resort's reputation, dramatically increasing tourism to the area and employment opportunities for local residents.          Listen to Eddy talk about his inventions, how 9/11 affected his business, and his huge donation to Rejoice school on the podcast and oral history website VoicesOfOklahoma.com.

#HHS: WELLNESS INDUSTRIAL COMPLEX. HENRYMILLERMD.ORG 1931

Chandan Shiroy brings over two decades of experience in manufacturing and engineering to his role as Vice President of Sales and Operations at S&D Industrial Tool Supply. Since joining the company in January 2023, he has spearheaded initiatives in digital transformation, talent development, and market expansion, including the implementation of vending solutions for customers. Chandan's strategic vision and leadership are instrumental in positioning S&D for sustained growth in the competitive industrial tool supply market. With over 30 years of experience in machining and sales, Darren Dives serves as Vice President of Sales at S&D Industrial Tool Supply. His deep understanding of shop floor applications and commitment to customer service have been pivotal in nearly doubling the company's annual sales. Darren has also led the expansion of S&D's product offerings, including MRO supplies, safety equipment, and advanced cutting tools, reinforcing the company's reputation for delivering comprehensive solutions to its clients. -- Critical Mass Business Talk Show is Orange County, CA's longest-running business talk show, focused on offering value and insight to middle-market business leaders in the OC and beyond. Hosted by Ric Franzi, business partner at REF Orange County.

The Pulse of the Debt Markets — with Orest Mandzy, CRE Direct Capital market confidence is cautiously returning, but undercurrents of risk remain. In my wide-ranging conversation with Orest Mandzy, Managing Editor of Commercial Real Estate Direct, we discuss what recent CMBS issuance tells us about liquidity, why delinquency headlines may be misleading, and how sponsors can position themselves amid policy shocks and structural market shifts.   Liquidity Is Back — But Driven by Giants CMBS issuance jumped 110% in Q1 2025, totaling nearly $37 billion. While that headline suggests a resurgence of confidence, Orest clarifies that most of that growth comes from SASB (Single Asset, Single Borrower) deals – large trophy assets being financed and securitized by institutional players. These are not indicative of broad-based confidence in middle-market real estate.   To gauge true liquidity, he says, focus on conduit deals – pools of smaller $10M–$25M loans originated by banks and institutional lenders and repackaged into +/- $1B bond offerings. Robust conduit activity reflects a healthier market for everyday sponsors.   “If you've got solid conduit issuance,” says Orest, “that tells you there's liquidity in the market – not just for trophy deals.”   Rising Delinquencies: Real or a Red Herring? Recent headlines warned that CMBS delinquency rates exceeded 7%, the highest since 2021. But Orest has looked deeper into the data and sees it is far from being systemic. A handful of large, troubled multifamily loans, such as the $1.5B Park Merced in San Francisco and a floating-rate New York portfolio, together make up nearly 60% of those delinquencies. The common thread? These loans were made pre-COVID or in 2021 with floating-rate debt and now can't refinance in today's rate environment. But they're outliers, not bellwethers. Fannie and Freddie multifamily delinquencies remain under 1%, and even in CMBS, the average LTVs have been conservative.   “Multifamily looks worse than it is. Strip out the outliers and the market's still performing.”   CLOs, Banks, and the Competitive Landscape CMBS is just one lane in the broader lending freeway. Orest distinguishes it from CLOs, which are floating-rate, short-term loans used by debt funds for leverage, and from agencies like Fannie and Freddie, which underwrite more conservatively.   In 2024: Agencies originated ~$60B each CMBS did ~$40B CLOs only ~$8B – down sharply from peak years Debt funds relying on CLOs are now facing stiff competition from banks, which are back in the market after a cautious 2023. With banks accounting for 40% of CRE loan volume annually, this shift matters.   For sponsors, it means a broader set of options but also a new underwriting reality. Orest notes that while leverage is available, it's on tighter terms: LTVs in the low 60s and debt service coverage ratios near 2.0x are now standard for institutional-quality debt.   The Tariff Shock and Bond Market Jitters One of the most important takeaways: macro events like tariffs are now exerting real-time pressure on the capital stack.   In early April, CMBS bond spreads spiked from 80bps to 108bps over Treasuries as the market braced for a new round of tariffs. That spread spike pushed borrowing costs up and froze CMBS issuance for nearly 10 days – a signal of how fragile the system remains to policy volatility.  Although bond spreads have since tightened, Orest warns that risk repricing is now a function of policy headlines, not just economic fundamentals.   “Uncertainty is risk. And when investors sense more of it, they demand more yield. That makes loans more expensive and deal volume drops.”   Positive Leverage or No Leverage: Sponsor Guidance Asked what CRE sponsors and investors should be doing in the next 3–12 months, Orest's answer is clear: Seek positive leverage from Day One – don't rely on NOI lifts growth to bail you out. Consider no leverage at all if you're sitting on cash and don't want to risk default. Underwrite conservatively and turn over every rock. The deal you don't do may save you. “If you buy with positive leverage, great. If not, maybe don't borrow at all.”   Special Servicing > Delinquencies For investors and borrowers watching for cracks in the market, Orest recommends a lesser-known but more reliable signal: the special servicing rate in CMBS. Loans enter special servicing before they go delinquent, usually triggered by pending lease expirations, tenant loss, or anticipated refinance trouble. This metric has been rising and, unlike delinquencies, tends to stay elevated longer. Sponsors should watch this closely.   Local Policy Risk: The Property Tax Squeeze Orest flags an emerging risk with local governments under fiscal stress. Cities like San Francisco, where office values have cratered, still rely on CRE for a large share of tax revenue. If values fall but municipalities resist cutting spending, expect tax rates to rise, eroding asset value further.   “Where do cities go when they need money? To the deep pockets. And that's commercial real estate.”   Industrial and Insurance: Still in the Crosshairs While multifamily has absorbed most of the press, Orest highlights risk building in other sectors: Industrial may face headwinds from tariffs disrupting trade flows and warehouse demand. Insurance costs, especially in hurricane-prone areas, continue to rise, sometimes outpacing rent growth. In one example, he cited an apartment property in Tampa where gross revenue rose 50% in five years, but expenses outpaced it, limiting refinance options.   Geopolitics, De-Dollarization, and Exorbitant Privilege One of my concerns is about broader macro risks – de-dollarization, loss of U.S. financial credibility, and capital flight from Treasuries. Orest acknowledged these as tail risks but noted they're not front of mind for most market participants… yet.   Still, if foreign buyers ever pull back on U.S. Treasuries, that could cause a spike in long-term rates, forcing CRE valuations down and capital costs up. It's not imminent, but it's worth tracking.   “If China and Japan stop buying Treasuries, we've got a real problem. All bets are off.”   Final Thought The key insight from this episode: the market is functioning but only just. Liquidity is back, but it's conditional. Optimism exists, but it's fragile. And sponsors must walk a tightrope between opportunity and overextension.   Orest's advice? Borrow smart. Underwrite for today's risks – not yesterday's assumptions. And remember: your best defense in uncertain times is positive leverage and deep diligence.   *** In this series, I cut through the noise to examine how shifting macroeconomic forces and rising geopolitical risk are reshaping real estate investing.   With insights from economists, academics, and seasoned professionals, this show helps investors respond to market uncertainty with clarity, discipline, and a focus on downside protection.    Subscribe to my free newsletter for timely updates, insights, and tools to help you navigate today's volatile real estate landscape. You'll get: Straight talk on what happens when confidence meets correction - no hype, no spin, no fluff. Real implications of macro trends for investors and sponsors with actionable guidance. Insights from real estate professionals who've been through it all before. Visit GowerCrowd.com/subscribe Email: adam@gowercrowd.com Call: 213-761-1000

Communion After Dark—Featuring Mari Kattman—features the latest and best in Dark alternative electronic music. This week's show features music from VNV Nation, Mono Inc., Mari Kattman, Astari Nite, Vioflrsh, and many more artists worldwide.