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larsdenmar.bsky.social
Sociologist drafting a book that extends #Bourdieu's #critique of #neoliberalism with #MMT. How does neoliberalism work via power/deception? To focus I follow few & not for news. Hope you understand. Home: https://homosociologicus.com/neoliberalism-3
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Yeah so the Constitution isn’t really in effect right now

Penguin made a spooky cover

Oresme:"Christ ... showed that the stamp was the means of knowing to whom the tribute was due, namely the person who fought the battles of the state, and by reason of his dominion had the right to coin money."Correct but he doesn't build on this point.Book disappoints, doesn't live to its reputation

Why the Establishment don't like to mention MMT "The reason for money’s taboo status seems clear. Understanding existing monetary institutions and operations points to a way of undermining the profit system and exploitation of labor." heteconomist.com/significance...

Making US unemployment Great again

Trump is just more open about it

'Free market': large-scale legal & property rights infrastructure created by states over a few hundred years, backed by military force & bank money systems 'Deregulation': All the above, but without states intervening in the ‘natural' 'spontaneous' workings of the ‘organic’ system

The removal of investment incentives particularly when combined with uncertainty can throw an economy into reverse.

🚨🚨 new LPE resource alert!! We have added Columbia Law Prof. Kendall Thomas's fantastic "Law after Neoliberalism" syllabus to our syllabus bank!! lpeproject.org/syllabi/law-...

"A lot of people hate Elon Musk. It isn’t hard to see why. He’s domineering, annoying, trollish, and extremely, extremely rich. He spreads weird conspiracy theories. He’s awkward, like a seven-year-old who is always trying to be cool and who nobody is willing to tell otherwise."

In case that's of interest, here's a book chapter on the political economy international financial subordination and varieties of financial statecraft I wrote for an exciting forthcoming edited collection www.academia.edu/127144588/Po...

a trove of ideas here, and utterly convincing that we need work on legislative power and LPE: lpeproject.org/blog/what-do...

The delusional Hayek wanting complete chaos in society: "I would like to have the government's monopoly of issuing the currency abolished." (a bit befo 4 minutes) Hayek on Milton Friedman and Monetary Policy youtu.be/fXqc-yyoVKg?... via @YouTube

Les intérêts sur la dette publique ne sont pas qu'une charge budgétaire. Ils participent au déficit et soutiennent l'économie. Cet article critique l'absence de prise en compte de leur rôle macroéconomique, ce qui fausse le débat sur la dette publique. #MMT mmt-france.org/2025/01/20/d...

MINDBLOWING CHINA A Chinese village run like a business. Here is link to the Twitter post video: x.com/LarsDenmar/s...

“we might want to look at the national debt from a different perspective. In particular, it seems more accurate to view the national debt less as a form of debt and more as a form of money in circulation.” stlouisfed.org/publications/r… #econtwitter

When the staff of the BoE breaks the mainstream neoliberal narrative and confirms, what MMT always explained. billmitchell.org/blog/?p=48830

2024 " While all these economists are now pressuring the likely next British government to pull back on their promises to ‘assuage’ the financial markets, there is not even a scintilla of evidence to support their predictions of doom. And the Labour party leaders are billmitchell.org/blog/?p=61506

MMT half-learned.. "There are various strands to the criticisms we receive ranging from claims we are simply wrong at the most elemental level to others claiming trade has no part in the MMT framework. All miss the point and I am surprised people have tried to.. billmitchell.org/blog/?s=capi...

So much easier to rule badly educated people. Europe becoming the US in this aspect too.

All Western politicians lie

Bonds mostly owned by rich people get their 'Basic Income' as high as the interest is set. "The amount of money created in the economy ultimately depends on the monet policy of the central bank. In normal times, this is carried out by setting interest rates. www.bankofengland.co.uk/quarterly-bu...

History is more important than the now when it comes to understanding the present reality From 2015 locusmag.com/2015/01/cory...

What is money? "This top-down account of money creation sounds a little counterintuitive if you’ve been raised on the barter fairy-tale, but it does answer some of life’s great conundrums: (From 2022) locusmag.com/2022/09/cory...

"The effect of discouraging new home buyers by raising interest rates lowers home ownership – the badge of being middle-class. Despite this, the United States is turning into a landlord economy. " michael-hudson.com/2022/06/the-...

"Series No. 5 : Wen Tiejun on Ten Cyclical Economic Crises in China (1949-2016)" " I highly recommend his book to you (PDF), kindly donated to the reform community as an open access book." michael-hudson.com/2023/03/intr...

"And that brings us to the common denominator in every single Western financial system: it’s all ab debt, inevitably growing by compound interest. ... before Greece and Rome, we had nearly 3,000 years of civilizations across West Asia doing exactly the opposite." michael-hudson.com/2023/05/pepe...

"Sparta had two kings instead of just one, requiring their joint agreement on any new rules. And just in case they might join together to limit the wealth of the oligarchs, they were made subject to a council of ephors to “advise” them." michael-hudson.com/2023/07/shou...

The world is changing through the way that the peoples change their minds on the US and China, especially in the Western world. This is an excellent development for the prospect of peace and more progressive if not socialist politics in the Western world.

Red Note app replacing Tik Tok is changing the world as you read this.

Prof Tunander, most credible man, explains. In the 1980ties Swedes' percept of "Soviet Threat" went from 30%-83% in 3 years. Italian submarines were used. Public w told it were Soviet. Naval officers talked ab 'taking out' Swedi PM Olof Palme. Palme was killed in 1986. youtu.be/zUqFyNI09WY?...

"G-17. "The Property Tax is a Progressive Tax." Proceedings, NTA, 64th Annual Conference, Kansas City, 1971, masongaffney.org/publications... Learning from Fred Harrison today (ab this professor) FYI This to @wbmosler.bsky.social too ;)

How Neoliberalism Colonize - US & Russia ".. that the same things that were done over 100 years ago to eliminate Henry George & the fairer economic ideas from the textbooks were done in Russia in the 1990s to ensure that Russia.. had a “shock therapy” approach.. shepheardwalwyn.com/fred-harriso...

"Classical economists like Adam Smith had descri wealth as the product of three factors – land, labour & capital, whereas the new theorists reduced these to two, labour and capital, treating land as capital. deprive .. ability to diagnose problems, forecast etc. shepheardwalwyn.com/product/the-...

"US gov economists in the later years of the administr of Franklin Roosevelt were urged to treat the Soviet Union as an ally, in the interests of winning World War II and establishing the basis for peaceful cooperation after the war. The onset of the Cold War.. www.researchgate.net/publication/...

It's been twenty five years since Bourdieu's book Science of Science and Reflexivity, where he explains that science is in danger and therefore science becomes dangerous. Critical thinking has been systematically wiped out of the Western societies the past fifty years. Also Bourdieu's point.