In 1946 Britain's debt stood near 250% of GDP. Bread was still rationed. Within two years the government had opened the NHS and launched the largest house building programme in its history. Today, at just under 95%, ministers say that we cannot afford to do anything close to this. Why?
Mark E Thomas FB99% FBPE
@mrmarkethomas.bsky.social
Strategist, mathematician, author of 99% (FT Best Books of 2019) and founder of the 99% Organisation. Join us here: https://99-percent.org/
Weirdly, despite repeated requests, I haven't had any invitations to Reform press events since I asked a month ago whether Farage was scared of questions about his finances.
Nigel Farage just took a question from a 'journalist' at his press conference, who turned out to be his former chief adviser Raheem Kassam, who asks him why the media are being so unfair to him
Wynne Godley argued in 1992 that a currency union without a shared budget would end badly, and warned years ahead that US growth was resting on private borrowing that could not last. His main tool was a table. Here is what one is, and who he was: vincegomez.com/data/?tab=go...
Data Library
vincegomez.com
And where the model cannot settle a question, it says so and points at someone who can: Berkeley, Ryan-Collins, Tye, Voldsgaard & Wilson, who traced the actual UK machinery.
And we all know what side the millionaire, ex-public school boy, ex- merchant banker is on!
Nigel Farage resigns to stand in ‘people vs establishment’ byelection - The Latest
Musk is trying to normalize selective empathy (he’s said that empathy is the West’s “greatest weakness”), because an expanded and inclusive view of humanity is one of the common features of people with moral courage. To recruit ppl to his project, he needs them to think and be small, like him.
Remember: Wealth can’t be separated from power. Power begets wealth and wealth begets power. We're seeing in real time how the extreme concentration of wealth is distorting our politics, rigging our markets, and granting unprecedented power to a handful of billionaires.
It’s a rip-off price, the vendor is toxic, and it seems the software doesnt deliver: www.ft.com/content/cbd1... Palantir tool has not cut hospital discharge delays, study says
Palantir tool has not cut hospital discharge delays, study says
Think-tank’s findings likely to add to calls for audit of NHS England claims around Federated Data Platform
ft.com
Said this before, will again. Badenoch is the most dangerous figure in British politics. She's not as extreme as Farage or Lowe, but her impact is more pernicious. She actively prevents the British centre-right from adopting moderate positions, and thereby facilitates the radicalisation process.
A WOMAN who lives in Dubai thinks she is the best judge of what makes a good British citizen, while her boyfriend avoids tax and is under investigation for dodgy donations. What an absolute joke. Except it's real.
When people are afraid of their own government you know fascism has arrived
To cover up 1 high level report into nature collapse & national security looks odd. To cover up 2 looks like a pattern. Episode 2 of my @therestpolitics.bsky.social pod explores a hidden DEFRA report on UK vulnerability to food shocks & asks how confident we can be in our ability to feed ourselves
Britain's Ticking Time Bomb: The Food Security Crisis
Podcast Episode · The Rest Is Politics · 23 July · 16min
podcasts.apple.com
Did you know a barrister is facing jail just for reminding a jury they have the right to vote with their conscience? This historic right has kept trials fair since 1670. We can't let it be silenced now. Add your name to defend fair trials👇 you.38degrees.org.uk/petitions/sa...
Sign to protect the right to a fair trial
Imagine being called for jury duty, but advised against using your own common sense. ❗A top barrister is now facing contempt of court proceedings, simply for reminding a jury of their rights. If judg...
you.38degrees.org.uk
We're just at the end of your last ten year plan. Not gonna lie, the results ain't that great.
Lord Robert Skidrlsky and I comment on Keynes's economic theories and policies in this film.,, open.substack.com/pub/annpetti...
Keynes Against Capitalism
A film about the life of the bisexual, modern and intensely radical economist, John Maynard Keynes.
open.substack.com
Huge corporations like Amazon, Walmart, and Uber are among the top employers of SNAP and Medicaid recipients. Meanwhile, their CEOs are raking in multi-million dollar pay packages. How is this not a bigger scandal?
Your weekend reminder Nigel Farage wants to - leave the ECHR - repeal the Equality Act - Strip back workers rights - Lift restrictions on exploitative zero-hours contracts - repeal the Renters’ Rights Act PEOPLE OF CLACTON, MAKE YOUR VOTE COUNT! youtu.be/KxOQRt8PQys?...
If UK media actually explained Nigel Farage’s policies to the public no one would be supporting him
YouTube video by Peter Stefanovic
youtu.be
Who would take a holiday in the USA 🇺🇸 these days? Not me
He was here on VACATION. He is not a criminal. He wasn't here trying to steal anything. And he was still targeted by ICE. His name was Juan Jairo Coronilla Duran.
This argument - "if you, a rich person, think taxes should be higher why don't you just donate your money to the government?" Is, if made seriously, economically illiterate and actively damaging to sensible public debate.
Link is here, guys.
This is why you need a Wealth Tax.
The revelation that Sunak has paid £1M in tax in the last 3 years 0.13% of his £720m wealth. While the average person has paid about £45k or 14%, 100x as much. Should open your eyes to just how much and how blatantly the rich dodge tax
Nigel Farage's approval ratings have now sunk even lower than Keir Starmer's before he resigned, yet we're still being encouraged to believe he has some kind of magic connection with the British public
Universities and students are not enclosed units, ivory towers separate from the rest of their local communities. They eat and drink (a lot) including spending lots of money in local pubs and restaurants. They shop. They get buses, taxis and Ubers. They put money into local economies.
Levison 2 might be a good announcement Mr Burnham.
The one thing I can't posdibly do is mention that small boat crossings are down by 44% this year, because scare mongering about this is the central pillar of my whole grift.