1/ We have got to stop apologizing for wanting public policy to be guided by humanitarian interests. We should proclaim unabashedly that whatever improves the human condition ultimately improves the economy because it increases people’s creativity and productivity.
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2/ The system’s response to that is always, “Oh silly unsophisticated one, you know nothing about economics!” They use the idea that economics is a verifiable science as a kind of magical spell to keep people from questioning assumptions that otherwise we’d know are so wrong.
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3/ For instance many of them call an economy where 1% control more wealth than the bottom 90%, tens of millions live in or near poverty & 40% of the people can’t afford a $400 unexpected expenditure a “good” economy. Good? No economy where children are hungry is a “good” economy.

Nov 9, 2020 · 1:52 AM UTC

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Replying to @marwilliamson
So I was reading up today on what causes empires (in this case countries) to fall n income inequality is way up there as a major contributory factor. Also, petty interstate fighting 🤷🏻‍♀️
Replying to @marwilliamson
Also, when you hear the media address the disappointing House & Senate results. Blaming "going too far left" is Corporate driven bullshit. Obviously more likely due to lack of covid relief. I mean, if you have a brain, right?
Replying to @marwilliamson
Marianne is right again.
Replying to @marwilliamson
Exactly. They're stupid or scared of change. Times change, the world changes, assuming this sadistic economic system that Reagan championed for, 40 yrs. ago didn't work then and doesn't work now.
Replying to @marwilliamson
They'll say the child is spoiled for wanting a 2nd bowl of soup & it was necessary to divert Covid relief funds into the bank accounts of corporate donors so as to stimulate offshore bank account revenues.
Replying to @marwilliamson
And yet the same economists foolishly insist that infinite economic growth is possible in a finite biosphere.
Replying to @marwilliamson
This is an easy fix that the world elites don't want: sound monetary policy. We need to be on a gold standard. And the 1st country to go back to one will dominate capital flows.
Replying to @marwilliamson
The bravest voice in American politics and yet what she says is so simple. And right.