@davidmcw interesting idea from your latest podcast about state innovation loan guarantees but need to make the money is effectively used and not just seen as a gift to the entrepeneur to spend on themslves
@RestPoliticsUS@KattyKay_@Scaramucci Will the US 'administration' pay the market price for all crude oil it takes out of Venezuela or will only US oil companies profit from this
@_BoldPolitics@ZackPolanski@RichardJMurphy The real issue is what stuff people are buying with their earnings now, Too much money is being spent on whims and stuff that doesnโt last. In the 70s there was much less stuff to spend our money on and more of the economy was about looking after people.
@ProfSteveKeen Larger capital gains tax on second home sales. Build more housing units than the demand so that prices stay low. Govt to offer lower mortgage rates to first time buyers.
@RokkeNFT@0xAbhiP Ireland has benefited from this by creating a large overpaid IT workforce, but also created a very unequal society and a housing crisis where many Irish workers cannot afford to buy homes now.
@sfliberty What people value in terms of spending can be manipulated by advertising leading to money been wasted on stuff that really is bad for you. The real problem with a market economy where the society is subsumed by selfish greed of the individual
@ProfSteveKeen Critical infrastructure I.e healthcare, telecommunications water, housing and transport should be centrally controlled by the government but employ private capital in a if you build a robust well operating system you get money otherwise you get nothing approach.
@oharamal @ElishaNiDubhda To replace people travelling by cars with people either not travelling or in mass public transport will require capital investment as well aslegal and government focus that has not been seen since ww2.
@NewtonEmerson@BrendanKenny80 a state that prints its own currency should have the best infrastructure as money should never be the issue. Designing and implementing the best water/energy/transport/health systems should be the govt only goal.
@SaulStaniforth Assets of the water system should all be state owned only the people and operation of the system should be run by private companies with very tight environmental and cost constraints.
@thameswater We also need much greater use of grey water in all buildings with roofs. Drinking quality water should only be made at the building level from grey water. Central water supply should only be of rainwater quality not potable.