AND WHAT YOU'RE SEEING HERE IS EMMANUEL MACRON HAS BETRAYED THE FREE WORLD AND JOINED UP WITH THE AUTOCRATIC FORCES OF XI JINPING AND VLADIMIR PUTIN. HE GAVE TAIWAN THE STEEL CHAIR FROM BEHIND - NEVER BEFORE IN GEOPOLITICAL HISTORY HAVE I SEEN ANYTHING QUITE LIKE THIS
How should the Left prevent a return to austerity in the light of the market-induced collapse of Trussonomics? Some thoughts from me in @guardian.
https://t.co/h3h06jRT5e
I’m a Kaleckian on this stuff. Read ‘Political Aspects of Full Employment.’ Even if a left programme would benefit business—as was argued for McDonnellomics—capital owners recognise the changing power dynamics involved and react in their class interest. https://t.co/zQuS3o1k39
QE was the worst for popular understanding of monetary policy. A whole generation had their first "woahhh the government just CREATES money???" moment associated with large scale asset purchases so now every government securities purchase is "QE" in their minds.
@Utwitily That final act honestly soured me a little on DQ11, no problem with happy endings but it erased so much development and the setup felt very contrived. In a sense they weren't really the same characters.
@Utwitily Solid power progression where you initially feel very weak but slowly turn the tables. Tough to do well imo, ideally not just numbers/stats based
“Accepting unemployment to control inflation amounts to choosing the people at the very bottom of the economic pyramid to bear the entire economic burden. In the so-called war against inflation, America’s…unemployed have been the…conscript army.” - Coretta Scott King.
Because we wasted the Corbyn years sticking to fiscal rules rubbish this point will never be understood. It's stupid to make budget balances a policy target.