The case for debt cancellation and the responsibility of the credit rating agencies in Africa's debt crisis. I explain it in 95 seconds. Take a listen 👇🏼
No, Bidenomics did not cause this inflation.
Also, we should stop pretending that we can do large scale industrial policy without macroeconomic management and price policy. It’s like planting crops without taking care of irrigation.
50 years ago, young men concerned about inflation eroding their wages would have joined a union.
Today, they put all their savings in crypto and vote for tax cuts in case they become billionaires.
That’s neoliberal individualism baby.
We must organize clear alternatives that wage militant class conflict against oligarchy or people will continue to gravitate to reactionary alternatives instead. The Dem establishment—clamoring for border security, enthusing over foreign war, courting elites—fails to do this 2/
8 years after Hillary Clinton lost to Trump, Kamala Harris managed to (probably) do it again by recycling Clinton's failed strategy of courting Republicans and out-hawking Trump amidst a Democratic-sponsored genocide she refused to budge on.
The stupidity is almost unbelievable until you remember imperialism always comes first, even if it means losing.
this clip is quite old, but anyone feeling surprised or shocked by today’s result clearly hasn't been paying attention. Obviously I'm biased, but my mate David had a clearer diagnosis of contemporary politics than anyone alive now.
1/ I’ve been wondering a bunch of things about a potential AMOC collapse: "When will it tip?" "What are the most likely effects?" "Can we stop it?" So I looked for answers in the many scientific papers published on this. Here’s a super plain language thread with what I found.🧵
Every human population has a small percentage of sociopaths, people who just dgasf about others. Egalitarian human societies developed strong mechanisms to curb and expel them, due to the danger they posed to all. Neoliberalism and capitalism promote them to the very top.
People usually dismiss programs of action as "utopian documents." But the @ProgIntl New International Economic Order isn't a wishlist - it's a *Manual for Mutiny*. From sellers' clubs to coordinated treaty withdrawals, the South is already building what this document proposes 🧵
Awesome job alert! (Senior) Policy Officer for Post-Growth Transformations, with the European Environmental Bureau EEB in Brussels. Working closely with the REAL project, @g_kallis@jasonhickel and myself. Let's do this! Deadline Oct 28 2024.
https://t.co/gIV3JDmfHD
Fun fact. My journey into economics began when I realised not a single mainstream economist could give me a straight answer to the question “how much govt debt is too much govt debt?”
They just don’t have a clue, and headlines like these are meaningless.
I'll be giving a talk tomorrow "Towards an MMT-informed Degrowth Transition" 💸🐌 organized by @modernmoneylab. Join us 🤗 11am CET
https://t.co/imXAXKMhdC
On planet Earth, another year passes without David Graeber (d. Sept. 2, 2020)
Where’s the time going, my friend?
Down here, things much as you predicted (or slightly worse, for now).
Meanwhile, I’m hard at work on Book 2 of #TheDawnOfEverything
It’ll be called #TheThirdFreedom
📸 Group photo time!
✨ A huge thank you to everyone who joined us for three incredible days of learning!
💬 A special shout-out to our amazing lecturers: @todorovazd, Peo Hansen, @tymoignee , Scott Fullwiler, @DEhnts, @ColleenFights, and @micha_mozdzen.
Did you know that "Food Security" is a dangerous neocolonial technical concept designed to force the Global South into debt traps, destroy our agriculture & ecology, and increase our dependence on the Global North?
Allow me to explain👇🏽 https://t.co/XRVVz5ghl3
#FoodSovereignty
My latest op-ed @guardian 👇🏽
Decolonizing the Kenyan economy requires strategic investments in food sovereignty, agroecology, renewable energy sovereignty, and regional and Pan-African industrial policies-> Investments denied to Kenya by the Global North
https://t.co/YE4vOi2WhB