The government has learned to use QE to fund the coronavirus crisis, which is all well and good except for the fact that there are significant wealth inequalities arising as a result as some in the population save substantial amounts. If we are to prevent runaway asset inflation arising a way to use those savings has to be found and they have to be used to fund constructive activity. I outline some new thinking on this issue in this video. There is much more thinking to do in this area if social justice is to exist after coronavirus.
Economics
Macro & Cheese – Bill Mitchell: Imports, Exports, and Empire
In a recent episode of Macro N Cheese, Steve spoke with a guest about the MMT view of exports as a benefit and imports as a cost. There ensued some disagreement on social media (where […]
Economics
Renegade Inc: Wolfgang Streeck – The kaleidoscope of capitalism
Capitalism is a one-size-fits-all economic ideology. But what happens when great swathes of the world reject the anarchy that capitalism really brings? Today, we stand at a crossroads, where more and more people refuse to […]
Geopolitics
Noura Erakat – A world where ‘self-defence’ is used as justification for genocide
12 April 2024 For six months, people have watched Israel’s war on Gaza and heard words like genocide, apartheid and ICJ become part of the daily news lexicon. For some, it can be difficult to […]
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