Friday, December 30, 2022

A new economic narrative for the left — Richard Murphy

 Having posted review articles for the past couple of days I did wonder what I thought my most important post of the year was since many others seem to be working that theme at present. Somewhat randomly (meaning I did not go back and look at them all, and nor did I look at stats) I settled on this, which was published on the blog on 2 July 2022 having previously been on Byline Times:

"Center-left" instead of "left"? It's simply moving the Overton window somewhat to the left after it having been pushed rather far to the right toward the fascistic model of a corporate state. The correction that Richard Murphy suggests is just that, a course correction rather than a radical proposal. But something is better than nothing. Neoliberalism pursued to its logical conclusion ends in corporate as a type of fascism rather than the freedom it advertises as "economic liberalism." The end-state is not democracy as rule of, by and for the people but rather plutocratic oligarchy, empire, and imperial wars. 

Tax Research UK
A new economic narrative for the left
Richard Murphy | Professor of Practice in International Political Economy at City University, London; Director of Tax Research UK; non-executive director of Cambridge Econometrics, and a member of the Progressive Economy Forum

1 comment:

NeilW said...

Just another of the 'safe assets' crowd.

Government money should be offered to rich people with big pensions (ie those with university pension schemes etc) in proportion to how much money they have rather than boosting the basic state pension for all.

Allowing them to cash out of companies that are moving from the 'cash cow' to the 'dog' phase while still maintaining their rentier extraction via taxation.

Or as it should be called "The Prole Tax".