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.
Because business as usual has broken down... they see this as a sign... that this is their chance... an opportunity to act... to strike while the iron is hot!
Regarding Matt's comment (I am sure he is going to shout "triggered"):
1) Between fascism and communism there is little difference, except that fascism is a little more irrational and the populace has a little less voice;
2) Markets are good servants and bad masters; I am no capitalist, but to get back to the manufacturing capitalist world that Matt appears to want (which no doubt would be a vast improvement but not enough for me), we need to make markets our servants again.
3) In the immediate term something like a planned war economy is needed anyway, and in the medium term, to survive climate change, we need a more planned economy consistent with low-growth (possibly de-growth. And it is only on such a structure that we could rebuild the economy Matt wants;
4) A war economy could help the US (but the only realistic opponent might be Cuba, the leaders of which are now no doubt looking at US troubles with some sense of vindication, since Russia or China are too much to chew off);
5) So the choices are: totalitarianism or economic planning flowing into democratic socialism, or civil war combined with black de-growth.
10 comments:
During this quarantine, leftists are having more fun!
Yes because nobody is doing anything.... commie nirvana...
Because business as usual has broken down... they see this as a sign... that this is their chance... an opportunity to act... to strike while the iron is hot!
No ... they want to keep it this way... the more shut down the better for commies...
They are not happy unless everyone else is miserable too...
think of the old soviet union...
Completely depressed and devoid of enjoyment...
Ok so now Matt’s a expert on communism too. There’s no end to what Matt is expert in.
Matt is political biased? No no no.
Soviet collapse is a failure...
S, for review:
1. hypothesis1: "hey! lets be commies!"
2. Test: commie Fail
3. hypothesis1: discard
4. Make corrective adjustment
5. hypothesis2: "?"
rinse and repeat...
What came after Sovjet with Americans giving advice to them failed even quicker.
I bet any homeless in the US don’t think very high of their systems success.
So your using figurative language in your hypothesis. So you’re a art degree wannabe.
Regarding Matt's comment (I am sure he is going to shout "triggered"):
1) Between fascism and communism there is little difference, except that fascism is a little more irrational and the populace has a little less voice;
2) Markets are good servants and bad masters; I am no capitalist, but to get back to the manufacturing capitalist world that Matt appears to want (which no doubt would be a vast improvement but not enough for me), we need to make markets our servants again.
3) In the immediate term something like a planned war economy is needed anyway, and in the medium term, to survive climate change, we need a more planned economy consistent with low-growth (possibly de-growth. And it is only on such a structure that we could rebuild the economy Matt wants;
4) A war economy could help the US (but the only realistic opponent might be Cuba, the leaders of which are now no doubt looking at US troubles with some sense of vindication, since Russia or China are too much to chew off);
5) So the choices are: totalitarianism or economic planning flowing into democratic socialism, or civil war combined with black de-growth.
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