We are often told that markets are the best way to allocate resources. But what if they are not? What if they are systemically misallocating resources? How much harm are they doing? sh1.sendinblue.com/3gaw5j62bglp...
The 99% Organisation
@99organisation.bsky.social
The 99% Organisation is an inclusive volunteer movement of people who want to end mass impoverishment using peaceful means. Join us: http://99-percent.org
(2/2) ... but that is not enough, apparently. According to Ganesh, Britain needs more failure. TLDR: TLDR
Thread (1/2) For most observers, the last 40 years have been quite enough of a failure .... bsky.app/profile/mrma...
Mark E Thomas FB99% FBPE@mrmarkethomas.bsky.social · last yr.(13/38) The idea that taxing the wealthy would damage the economy and hurt the poorest also bears no relation to reality. We have all seen how poorly trickle-down has worked over the last 40 years both in generating growth and in sharing it fairly. Here is the picture for growth.
Singapore-on-Thames was always very attractive to billionaires. Not so much to the rest of us. 99-percent.org/shall-we-be-...
Shall we be Happy and Prosperous? - 99%
If you were running a country for the benefit of its citizens, you would want to see them growing happier and more prosperous year by year. If you were looking […]
99-percent.org
"The naïve belief in the power of unregulated markets has been tested to destruction. Markets are not the best way of allocating resources; unless they are tightly managed, they allocate more to the richest and less to everyone else." Can We Trust Markets? 99-percent.org/can-we-trust...
Can We Trust Markets? - 99%
Why the world’s largest and most important market is not safe for widows and orphans The claim that markets are the best and most trustworthy way to allocate resources rests […]
99-percent.org
Yes, Schrodinger's tax cuts and Schrodinger's Cabinet reshuffle. Useful additions to Schrodinger's Economy. 99-percent.org/schrodingers...
Schrödinger’s Economy - 99%
We are asked to believe both that the UK has too little money and too much. They can’t both be true. We are facing a cost-of-living crisis, the economy […]
99-percent.org
Enjoyed Sam Coates' long monologue on how the VAT discount in energy bills is BOTH an insignificant drop in the ocean AND impossibly difficult to fund. Enjoyed Chris Mason's monologue about how yesterday was BOTH a total purge of all senior Starmer people AND not really real change. As you were.
This week's 99% letter challenges one of the key tenets of market fundamentalism.
The 99% Organisation@99organisation.bsky.social · 2w agoWe are often told that markets are the best way to allocate resources. But what if they are not? What if they are systemically misallocating resources? How much harm are they doing? sh1.sendinblue.com/3gaw5j62bglp...
We are often told that markets are the best way to allocate resources. But what if they are not? What if they are systemically misallocating resources? How much harm are they doing? sh1.sendinblue.com/3gaw5j62bglp...
I am not sure why you use the word conspiracy. The issue is that there are a small number of far-right billionaires with aligned interests and similar views, who between them control the bulk of our media and social media. That is demonstrably dangerous for UK democracy.
Form a data rather than rhetoric perspective, talking about 40 years of decline seems fair enough. bsky.app/profile/mrma...
Mark E Thomas FB99% FBPE@mrmarkethomas.bsky.social · last yr.(13/38) The idea that taxing the wealthy would damage the economy and hurt the poorest also bears no relation to reality. We have all seen how poorly trickle-down has worked over the last 40 years both in generating growth and in sharing it fairly. Here is the picture for growth.
(2/2) ... they seem to be working hard to confirm that is precisely their intention.
Thread (1/2) Last month we warned about the UK media ecosystem trying to ensure only a far-right party can be elected at the next election ... 99-percent.org/how-the-far-...
How the Far-Right Could React to Andy Burnham - 99%
How the far-right will seek to undermine a Burnham government, and how he should tackle the threat From the perspective of the far-right, any progressive government is a disaster: even […]
99-percent.org
"The US stock market no longer performs its key function: ensuring that share prices are fair ... a rigged market hurts normal Americans." Can We Trust Markets? 99-percent.org/can-we-trust...
Can We Trust Markets? - 99%
Why the world’s largest and most important market is not safe for widows and orphans The claim that markets are the best and most trustworthy way to allocate resources rests […]
99-percent.org
“Markets are not the best way of allocating resources;unless they are tightly managed,they allocate more to the richest and less to everyone else. Our politicians and regulators need not be apologetic about regulating” The world has changed,the nature of wealth has changed,regulation needs 2 change.
Mark E Thomas FB99% FBPE@mrmarkethomas.bsky.social · 3w agoIs the US stock market safe for ordinary investors? Not any more. Can We Trust Markets? 99-percent.org/can-we-trust...
The Trump economy is a dumpster fire and with the exception of corporations and the ultra wealthy we're all suffering. www.commondreams.org/news/trump-e...
As Gas Prices Surge Back to $4 a Gallon, Poll Shows Americans Blame Trump for Worsening Economy | Common Dreams
Americans' pessimism about the economy grows as gas prices hit $4/gallon. Poll shows blame on Trump for rising costs and negative perceptions.
commondreams.org
Is the US stock market safe for ordinary investors? Not any more. Can We Trust Markets? 99-percent.org/can-we-trust...
Can We Trust Markets? - 99%
Why the world’s largest and most important market is not safe for widows and orphans The claim that markets are the best and most trustworthy way to allocate resources rests […]
99-percent.org
(2/2) .... which is why it is so important that we take steps now to defend it. 99-percent.org/future-proof...
Future-Proofing our Democracy - 99%
MPs and Peers gather to hear about the urgent need for Defensive Constitutional Reform On 29 June 2026, the MPs Clive Lewis (L), Roz Savage (LD) and Richard Quigley (L) […]
99-percent.org
Thread (1/2) Huge amounts of foreign money are being deployed to undermine our democracy ...
Prem Sikka@premnsikka.bsky.social · 3w agoTrump administration to grant $12m to groups founded by UK conservatives Jacob Rees-Mogg and Toby Young. All part of a right wing coup. Foreign money to spread Trumpism, subvert UK public choices. Puppets wrap themselves in the flag.
Agreed. And it is obvious that the far right hate that idea and are doing all they can to prevent it. How the Far-Right Could React to Andy Burnham - 99% share.google/5xHs8NUSl3pi...
How the Far-Right Could React to Andy Burnham - 99%
How the far-right will seek to undermine a Burnham government, and how he should tackle the threat From the perspective of the far-right, any progressive government is a disaster: even […]
share.google
One insider told the NS: “If Andy is serious about ending 40 years of neoliberalism, then he needs a chancellor who knows how to challenge Treasury orthodoxy, work with the civil service and get progressive things done. That is so obviously Ed". www.newstatesman.com/politics/uk-...
Burnham's Labour left allies call for a "progressive chancellor"
Insiders at soft left campaign group Mainstream have told the NS they want Ed Miliband
newstatesman.com
Yes, as we warned in June. 99-percent.org/how-the-far-...
How the Far-Right Could React to Andy Burnham - 99%
How the far-right will seek to undermine a Burnham government, and how he should tackle the threat From the perspective of the far-right, any progressive government is a disaster: even […]
99-percent.org
Agreed. And it will take determined action to prevent them buying control of the UK. 99-percent.org/future-proof...
Future-Proofing our Democracy - 99%
MPs and Peers gather to hear about the urgent need for Defensive Constitutional Reform On 29 June 2026, the MPs Clive Lewis (L), Roz Savage (LD) and Richard Quigley (L) […]
99-percent.org
This @bylinetimes.bsky.social article on how right-wing US tech billionaire Peter Thiel is using Cambridge to bring the "dark enlightenment" to the UK is deeply worrying. Our society, our liberal democracy, should not be up for sale to those who seek to destroy it. bylinetimes.com/2026/07/09/p...
Palantir Co-Founder Peter Thiel and Reform UK's Cambridge University Recruitment Pipeline Project Revealed
The world-renowned academic institution has nothing to say in response to a six-month investigation by Byline Times raising serious concerns about the safeguarding of students and foreign influence at...
bylinetimes.com
That is because their owners really don't want to see a progressive Chancellor rather than because it is true. 99-percent.org/how-the-far-...
How the Far-Right Could React to Andy Burnham - 99%
How the far-right will seek to undermine a Burnham government, and how he should tackle the threat From the perspective of the far-right, any progressive government is a disaster: even […]
99-percent.org
UK Health Secretary Wes Streeting says the NHS will remain 1. publicly funded. 2. free at the point of delivery. Silent on what is happening in-between. NHS becoming a shell, handing contacts to private sector. 30%-40% of money vanishes in profits. Money buys less. Say NO to NHS privatisation.
Check out this from We Own It. weownit.org.uk/news/an-open...
An open letter to the Chancellor: abandon this dangerous and damaging proposal
In this open letter to the Chancellor, Rachel Reeves, 53 academics of accounting and finance from UK universities explain why she should abandon the idea of new private finance for the NHS.
weownit.org.uk