If we're to provide an improved standard of living to generations to come then we need to build resilience at the most local level possible and scale it up
West Lothian, Scotland
Joined December 2016
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D.C.Murray retweeted
Macro N Meme for MNC episode 405 “Who Told You This Was a Democracy?” with Briahna Joy Gray, to be released Sat 11/14 @ 8 am ET. @briebriejoy @RealProgressUS @sdgrumbine
Find all our Macro N Cheese episodes at realprogressives.org/macro-n…
D.C.Murray retweeted
#Bernie never explained #MMT 😡 His former press secretary Briahna Joy Gray digs into why with @sdgrumbine: austerity, #inflation & why elections don’t bring real change.
New Macro N Cheese ep ft @briebriejoy of @BadFaithPod Sat 11/14 @ 8 am ET. Link to all our eps: realprogressives.org/macro-n…
D.C.Murray retweeted
Neoclassical economists could meet someone who's spent ten years looking for a job and spend three hours explaining that their unemployment is voluntary.
Then advise them to reduce their preference for leisure.
D.C.Murray retweeted
7 years ago, 5 women who refused to let the economics of austerity go unchallenged, founded @Gowerinitiative. As it closes, MMTUK thanks you for teaching a generation of activists how money really works. You serve as an inspiration to those who follow.
D.C.Murray retweeted
Thats exactly correct.
Nietzsche didn't believe the littlest deserved leisure. Thought it would destroy society for the slaves to have any aspiration beyond work. In the 1900s, economists codified austerity as a means of crushing a growing socialism. The the objectivist Atn Rand made fashionable the "makers and takers"... and then Maggie Thatcher and Reagan taught us "there is no public money, only taxpayer dollars" and here we are today with useful idiots carrying the message of misery wherever they go. Cultural hegemony baked into the entire illusion of democracy.
D.C.Murray retweeted
Consensus and consequences: I have written a number of articles on the subject of unity. When I checked, I was surprised at how many. Although perhaps I shouldn’t have been so surprised given the frequency with which we hear people insisting that the independence movement must have unity before Scotland’s cause can progress. Back in April 2024, fo… ift.tt/gG7Bnam
D.C.Murray retweeted
China Is Not Your Activist: The Contradictions of Socialist Statecraft ft. Amy Yang. Join us for the YouTube premiere of our latest Macro N Cheese ep tonight @ 7 pm ET!
youtube.com/watch?v=7XeL5j9K…
#China #History #Socialism
D.C.Murray retweeted
It is great that there is interest in the paper and the wider topic in the policy circles of central banks. Who would have thought we'd get an invite from THE central banking publication to discuss our paper before a call from the Scottish Government or any mainstream media? 2/3
D.C.Murray retweeted
That’s great news William. Hoping all your hard work pays off and politicians start to listen.
Maybe an article in such a high-profile publication might prompt a few policymakers and media outlets to check it out. You can read the quotes that will be attributed to Warren and me, and also a link to the source paper here: patreon.com/ScotlandsPolitic… 3/3
D.C.Murray retweeted
I was delighted to receive a call from the news Editor @CentralBanking_ last week.
The news editor picked up my paper with Warren Mosler, which examined how to design a wellbeing economy as an alternative to the Scottish Government's plans. 1/3
D.C.Murray retweeted
Collateral against which to offer loans.
In Scotland’s case it’s also a sink for foreign capital to offset Sterling outflows due to England’s chronically bad trade balance. That’s a lot of Sterling getting exported instead of goods. It has to find a home somewhere. Gilts? The yield goes up or the £ goes down. Not good. Sink it into infrastructure/capital spending or assets instead. Only problem is everybody but you owns the assets and you pay rents for the pleasure.
We’re picking up the tab for England’s profligacy.
D.C.Murray retweeted
How did the rise of neoliberal #finance capitalism cause #China to pivot from its anti-imperialist rhetoric & open its doors to the West? Join us tonight @ 8pm ET for Macro n Chill to listen to & discuss our latest @CheeseMacro ep ft. Amy Yang.
Register: us06web.zoom.us/meeting/regi…
D.C.Murray retweeted
As a hill to die on, Marra's choice of reversing Brexit is as good as any, I suppose. But die, he will. Of that we can be sure. No issue is better designed to whip up far-right fervour than the 'threat' of England-as-Britain rejoining the EU. Farage will be rubbing his hands in glees as he dusts off the anti-EU playbook that blessed us with Boris Johnson and the successors we imagined couldn't be any worse, only to find them rising to that challenge with alacrity.
It will be interesting to watch how the campaign to rejoin the EU develops. My pittance is on the campaign being based on an assumption that the UK can return to the status quo ante. Those who believe this are in for a shock. Few realise how privileged the UK was within the EU, with all manner of exemptions and derogations. There's no going back to that place. It no longer exists.
Before the bunfight gets fully underway, I want to call dibs on a name for the unfolding fiasco. Regardless of the hair-trigger sensitivities of prudish moderators, I will insist on calling it Fuxit.
thenational.scot/news/267150…
D.C.Murray retweeted
Come listen to our latest Macro N Cheese episode ft. Amy Yang & discuss it with us on our webinar. Macro 'n Chill TONIGHT - 11/10 8pm ET / 5pm PT. #socialism #history #ForeignPolicy
Zoom registration: us06web.zoom.us/meeting/regi…
Interesting and educational podcast, well worth your time. As Amy says in closing, ordinary people must build parallel systems to beat the corporate oligarchs. It simply takes organisation - it is not beyond us, in any country.
How did the rise of neoliberal #finance capitalism cause #China to pivot from its anti-imperialist rhetoric & open its doors to the West? Join us Tues. 11/10 @ 8 pm ET for Macro n Chill to listen to and discuss our latest ep. ft. Amy Yang.
Register: us06web.zoom.us/meeting/regi…
