Democratic Chartalist Movement

Chartalism has the potential to change global economics.
Perceptions change.
‘Man tae man, the world o’er, shall brithers be, for a’ that’

[Macro n Cheese Podcast #MMT @CheeseMacro]

📢NEW EP!!

@sdgrumbine and @Williamgallus trace their podcast arcs from MMT fundamentals to revolutionary class analysis. On electoral politics, austerity as class warfare, and why working-class control matters more than policy crumbs.

https://t.co/TevrNYTkoN

[Democratic Chartalist Movement @chartalist]

@DEhnts It steals the future from our young people by depriving them of infrastructure that we should be building as our legacy to them. Future generations will hold the current one in contempt

[William Thomson @Williamgallus]

@DavidMcNab17 Richard does a splendid job of shattering that illusion.
https://t.co/HbJzV5rrMl

[MMTUK Policy Research Group @MMTUK_PRG]

The debate over MMT isn't absent because the economics is hard. It's absent because accepting MMT means rethinking what economics is for.

#MMT

https://t.co/01s7PjEQTi

#economics #UKEconomy

[William Thomson @Williamgallus]

than it is in its current position with the UK. This would not only jeopardise the idea of a wellbeing economy but also the success of Scotland’s economy." Written with @wbmosler 3/3

[William Thomson @Williamgallus]

"One could not imagine a more dangerous economic and political scenario than the current @scotgov currency position post-independence. Scotland, for all intents and purposes, would not be monetarily independent and would be at greater risk of financial fracture...2/3

[William Thomson @Williamgallus]

JUST RELEASED: "Mini Briefing - An independent Scotland continuing to use sterling for an extended period."

https://t.co/JtZScEiL9A

Short thread 1/3

[ΛЦƧƬΣЯIƬY IƧ MЦЯDΣЯ @sdgrumbine]

Please join us tonight at 8pm ET and 5PM PT

https://t.co/rwNdaEdkyQ

[William Thomson @Williamgallus]

Same old same old. Growth as the only way to have the things that most of us had when the economy was half the size. And yet they keep banging the same tired old drum.

[Malcolm Reavell @malcolm_reavell]

It’s unbelievable in this day and age that anyone still listens to this Victorian cartoon villain, this odious dinosaur whose opinions are of the basest kind, with no humanity, conscience, or empathy, and no care to actually think beyond the limit of his own inflated ego.

[David__Osland @David__Osland]

Some people need to be reminded that Margaret Thatcher did not 'deliver a decade of national renewal'. She delivered a decade of deindustrialisation, three million on the dole and widespread poverty.

[Simon Forrest @SimonForrest11]

Remember that Thatcher sold off the house, car, TV & video, the coal bunker, gas tank, copper pipes, wires, the petrol out the car before she pawned it & the family silver.
And she never once fixed the roof.
We are in this mess because of Thatcher.
Neighbours have done well. 🤔

[Macro n Cheese Podcast #MMT @CheeseMacro]

The founders knew cheap money helped debtors & hurt creditors. They designed a system to keep money expensive & power concentrated. No accident or oversight, but deliberate class war, written into our Constitution.

#FoundingFathers #money #ClassWar

https://t.co/KTpxaT6bmY

[Richard @ricwe123]

What most people already understand, even without the economic terminology, is that firms like BlackRock do not operate in a vacuum.
Their business model depends on governments creating the legal, regulatory, and political conditions that make it possible.

Through privatisation programmes and permissive regulation, governments allow essential infrastructure,water networks, ports, energy grids, data centres, and other public necessities,to be transferred into the hands of financial institutions.
These assets are often purchased using vast amounts of borrowed money, at prices ordinary market participants cannot hope to match.

Once the acquisition is complete, the debt is frequently loaded onto the acquired company itself.
The government permits it, regulators oversee it, and the public is left to live with the consequences.

The result is predictable: consumers repay that debt through higher water bills, rising energy prices, increased fees, and deteriorating service quality. Infrastructure that was once intended to serve the public becomes a vehicle for financial extraction.
Wealth flows upward to investors and executives, while costs and risks are pushed onto households.

When the model inevitably begins to fail, governments that enabled it step in to shield the system from collapse. Communities are left with neglected infrastructure, polluted rivers, and failing services.
Thames Water's £14 billion debt burden and repeated sewage scandals stand as a warning of what happens when governments prioritise financial engineering over long-term public stewardship.

The executives who loaded the company with debt have already received their bonuses.
The investors have already taken their returns.
Yet when the consequences can no longer be ignored, it is the taxpayer who is expected to absorb the losses.

The pattern is not accidental. Government policy creates the opportunity, regulators permit the extraction, private investors collect the rewards, and the public inherits the risks.

-Privatise the gains.
-Socialise the losses.
-Facilitate the process through government.

That is the business model....

[Dirk Ehnts @DEhnts]

For a country that cannot run out of its own currency, the British pound sterling, there has been a lot of confusion in the last couple of years. The birthplace of Thatcher's taxpayer money myth is still suffering from it...
https://t.co/u1c8jV5tgm

[Democratic Chartalist Movement @chartalist]

@JamesMc26116928 @JohnStuartWilso Sure. So you must have at least one example of where an economist or think tank price ruin on the economy was correct? That’s all I’m asking for.
My belief is you are working on blind faith and wanted you yo think on where that leads as far as Indy is concerned.

[Democratic Chartalist Movement @chartalist]

"Neither the currency, nor the economy, have any bearing on whether Scotland should be an independent nation or not.

However, these issues are crucial to the type of Scotland we can create."

#MMT #ScottishIndependence #SCG #DCM

https://t.co/4e9ZgXMkCW

[Democratic Chartalist Movement @chartalist]

@JamesMc26116928 @JohnStuartWilso Why is “growth” the only alternative to improved living standards?
Why is climate change something we cannot “afford” to mitigate?
Why do so many young couples claim they cannot “afford” to have children?
We are treated like automaton components of the “economy” - not humans.

[Democratic Chartalist Movement @chartalist]

@JamesMc26116928 @JohnStuartWilso Which models or projections can you point to that refute my claim?