An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
I've been saying this for years, but Noam Chomsky manages it in two sentences.
All public resources go to the rich. The poor, if they can survive in the labor market, fine. Otherwise, they die. That's economics in a nutshell.Noam Chomsky
All public resources go to the rich. The poor, if they can survive in the labor market, fine. Otherwise, they die. That's economics in a nutshell.
Noam Chomsky
That's Third World economics. The rise of the welfare state has altered that equation.
We are a Third World stat now. The Welfare State has been badly eroded for the past 40 years, under both parties.
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That's Third World economics. The rise of the welfare state has altered that equation.
We are a Third World stat now. The Welfare State has been badly eroded for the past 40 years, under both parties.
Post a Comment