The current period is really exposing what is wrong with the world order based on Capitalism. Those in the know have always understood that the system is not designed to advance human prosperity generally. At times in history, it has required the general improvement in material living standards to accomplish its aims – which are different from that improvement. So, it has tolerated a more equitable distribution of income and access to consumption purchasing power. But while the masses became complacement as they polished their big (oversized) SUVs, which sit in their driveways next to their big (oversized) motor boat and out the front of their big (oversized) house that is ill-designed for a carbon-neutral future, the bosses have been beavering away working out how to continue to meet their aims independent of us....Bill Mitchell – billy blog
Cash machine capitalism – it is getting uglier by the day
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia
http://bilbo.economicoutlook.net/blog/?p=49446
5 comments:
“ We allow our neoliberal governments to claim there is not enough ‘money’ to solve all these problems.”
Yes it’s the dreaded “neoliberal conspiracy!” theory…
Like they’re not all unqualified Art Degree morons who think abstractions of Accounting are REAL…
And if you have an Art Degree yourself you would never point this out…
You’d fall for the conspiracy theory…
Neoliberalism - Globalism - EU expansion - NATO expansion
Are all linked and part of the same plan. Linked via the same economic paradigm.
An Infant school type project by a child and some basic research would show it to be the case.
Only complete nut jobs would think the last 40 years happened by accident.
It is staggering that you could even believe that this can now be won in a class room or that somebody's name is ever going to appear on a ballot box to change things.
After sitting in a ring side seat over the last month and taking a whiff of the complete bull shit up front.
China shows the lengths you have to go to just in order to run your own economic policy. That is what you have to do to try and be free from the 40 year " plan"
Industrial capitalism v's Financial Capitalism
Only 3 countries in the world get to choose.
2 of those are at war with each other right now.
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