(Tankus’s newsletter is very good, actually, I should say! It’s just funny that like...former Treasury guys are now like “welp this guy with no degree is right” because they’re forced to choose between guys that invalidate all their credentials and guys who want to execute them)
All the establishment guys are scrambling to elevate MMT writers because literally no other perspective makes this market make any fucking sense rn https://www.bloomberg.com/news/articles/2020-07-02/nathan-tankus-s-newsletter-subscribers-don-t-care-about-diplomas
PLEASE TAKE THE #HOMESTUCK COMMUNITY SURVEY 2020. https://forms.gle/7amFDuHGs88KGTPr8
we took all the spoils of the earth and made it into stuff (and what we didn’t make into stuff we made into carbon dioxide). we can’t have a communist politic based on fetishizing industrialization any more
With a hammer and nails and a fear of failure we are building a shed
Between here and heaven between the wait and the wedding
"The Bank’s line shows the number of people in extreme poverty fell from 1.9 billion in 1990 to 736 million in 2015. “But the line is scandalously unambitious, and the best evidence shows it doesn’t even cover the cost of food or housing in many countries. The poverty decline it purports to show is due largely to rising incomes in a single country, China. And it obscures poverty among women and those often excluded from official surveys, such as migrant workers and refugees.”
Liberals' argument that "world poverty is going down, so capitalism is working fine" exclusively worked because China is the only country doing an amazing job. Holy shit
The UN's Special Rapporteur Phillip Alston is resigning today after releasing his final report:
The world's leaders have paraded on a sense of triumphalism that "world poverty is going down", being based on the extremely wrong line from the World Bank
The ONLY reason the projection of "world poverty" massively went down since 1995 was because ONE country in the world is succeeding at the goal of eradicating poverty: China
https://chrgj.org/2020/07/05/philip-alston-condemns-failed-global-poverty-eradication-efforts/
Communism isn’t Nice please god understand who dictates and shapes the moral landscape please god read an ounce of Marx
I like birds, funk music, and communism.