The art of bourgeois politics has of course always been to hide the true nature of inequality. What is remarkable is just how many ways those in power have of performing this trick.
Climate Crisis
Michael Mann: On the climate crisis, delay has become the new form of denial
But the D-word du jour is delay. And we’ve become all too familiar with the lexicon employed in its service: “adaptation,” “resilience,” “geoengineering” and “carbon capture.” These words offer the soothing promise of action, but […]
Economics
Bill Mitchell: More evidence that the current inflation is ephemeral
The pressure to raise interest rates seems to run parallel to the pressure to re-introduce austerity. Is there any reason for either? Read here
Economics
Bill Mitchell – Forget the record deficits and public debt – focus on what the net spending is doing to advance well-being
MMT economists have always held the view that a focus on deficits and debt aimed at assessing solvency thresholds and the like has never been justified and has underpinned destructive policy interventions that have undermined […]
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