The Phillips curve says you need unemployment to control inflation. That's the choice we're told we have to make. But it's a false one. The Job Guarantee replaces unemployment as the price anchor with paid public work at a fixed wage. #MMT #UKGreenParty #Economics #UKPolitics

MMT Thinkers & Economists — MMTAction — Economics for People

The economists, academics, journalists, and advocates who have shaped Modern Monetary Theory. 71 contributors in the MMTAction archive.

mmtaction.com

"Unlock billions" makes it sound like a vault. It's a timetable. Westminster issues the pound, so the £39bn waits on an election, not a bank balance. Housing associations are ready to build. The real limits are builders and land, not cash. #MMT #UKGreenParty #Economics #UKPolitics #UKEconomics

Labour chair of housing committee calls for urgent funds for affordable homes in England | Housing | The Guardian

Exclusive: Abena Oppong-Asare urges chancellor to unlock billions of pounds, as housing associations say they could build 41,000 homes in 10 years

theguardian.com

The great challenge this country will face soon is deciding who runs it and for whom. Is it run by central banks for financial markets, or by elected governments for people? That is the question. Resolving it may be ugly, but it will have to happen. www.taxresearch.org.uk/Blog/2026/10...

Andrew Bailey thinks financial markets rule. They don’t, but he did define the conflict to come.

Andrew Bailey, the Governor of the Bank of England, gave a speech yesterday about the state of the world’s financial markets and the threats that they now face. Much of what he said was entirely ortho...

taxresearch.org.uk

A £500bn spreadsheet error is funny. The bigger error is the frame: net zero as a bill to "afford". Pounds aren't scarce. Steel, grid engineers and installers are. Count those. Westminster issues the pound and can fund the lot. #MMT #UKGreenParty #Economics #UKPolitics Source: Guardian Politics

Argument Builder — MMTAction — Economics for People

Paste the economic claim you're struggling to counter and get a fact-based rebuttal, built on Modern Monetary Theory. Free, no account needed.

mmtaction.com

When will politicians turn to MMT? The answer is: in a time of crisis when it is apparent that neoliberalism has failed. And when will that be? Quite soon, on the basis of current progress. youtu.be/0S5Ad4WpCCE?...

When will politicians turn to MMT?

YouTube video by Richard J Murphy

youtu.be

Baroness Hazarika: "Burnham is evoking a Clement Attlee post war lets build something like the NHS" After 5 years of war Attlee nationalised around 20% of the entire British economy (as well as founding the NHS & establishing the welfare state). Burnham won't even take water into public ownership

"Credible to markets" is a strange test for the government that issues the pound. Gilt yields are a policy choice, not a verdict. The Bank sets rates and can buy gilts. The real limits are resources and inflation. #MMT #UKGreenParty #Economics #UKPolitics #UKEconomics Source: Guardian Business

Ask MMT — Economics for People

Ask questions about MMT, fiscal policy and economics. Answers grounded in the MMT archive of episodes and papers.

mmtaction.com

Imaged from Facebook with thanks to We have, I fear, confused power with greatness re: Dale Vince & political donations.

Go back 20 years: Tony Blair is fighting the battle that will end his leadership and get him ousted, insisting that the 2006 Lebanon war is a principled battle for freedom - US crank Condoleeza Rice says it’s “the birth pangs of a new Middle East”. The UN ceasefire vote looks like this.

"Pensions and social care are not unaffordable. They are unfunded by choice." Westminster issues the pound. Promising adequacy while pleading poverty is the oldest trick going. The real limit is carers, nurses and buildings, not cash. #MMT

Promises, Promises - by MMT_Michael - MMT's Substack

Pension Adequacy and the Financing of Social Care

mmtmichael.substack.com

Neoliberalism is failing, but what is it? This is a new version of our infographic on neoliberalism. AI drew the image. I wrote the text.

21 years of Sensible, Moderate government lads. This is the common sense stuff, shunning extremist, magical unicorn nonsense. The triumph of the Grown Ups, whom are back In Charge.

"France jettisoning neoliberalism" assumes the problem was the ideology, not the constraint. The real shift: treating real resources and employment as the binding limits, not the deficit. That's not post-neoliberal. That's MMT. #MMT #UKGreenParty #Economics #UKPolitics #EUEconomics

In this regard, we haven’t moved an inch since circa 2002: also full of noisily centrist moderates full of anguish at the refusal of random members of the public to condemn this or that on the internet. Has anything else happened in the intervening two and a half decades?

“We don’t want the tech billionaires' post-human reality. We want this world. The soil between our toes.” Rachel Millward on choosing a future built for people, not billionaires.

French Foreign Minister Jean-Noël Barrot: “The United States and China, through massive amounts of storytelling, make sure the whole world knows that they are at the cutting edge of technology. “Yet every day in France we see a completely different reality. So it is up to us to tell that story.

Bond yields are soaring because central banks raise rates, not because debt is too high. Austerity will deepen shortfalls. Why is the currency issuer letting interest costs spike instead of anchoring rates? #MMT #UKGreenParty #Economics #UKPolitics #UKEconomics Source: Guardian Politics

Argument Builder — MMTAction — Economics for People

Paste the economic claim you're struggling to counter and get a fact-based rebuttal, built on Modern Monetary Theory. Free, no account needed.

mmtaction.com

You see "we can't afford it" on every thread. The claim looks obvious, but underneath it sits a bankrupt frame. Social Media Critique teaches you the five misinformation moves that lock it in place; and how to break it. Spot the trap, win the argument. #MMT #UKGreenParty #Economics #UKPolitics

I’m sorry, but this is a fantasy. The *entire point of all this* for ten years has been 1) Absolutely fuck you, the left does not get any kind of power, ever, 2) We will do and say literally anything, whatever it takes, to ensure this never happens and 3) Britain does what America wants, full stop.

Social media is full of claims like 'the government's running out of money' and 'we need to balance the budget'. Sound familiar. The Social Media Critique tool teaches you to spot the misinformation moves; and land the MMT reframe that wins the argument. #MMT #UKGreenParty #Economics #UKPolitics

Remember: #Labour has history of making promises & then breaking every single one of them. We need someone who can put the pressure on #Burnham, & Zack is that person. #VoteGreen in #HolbornAndStPancras on Thursday. 💚

Zack Polanski@zackpolanski.bsky.social · 3d ago

A very long day but an amazing evening listening to residents as we head into the final day of campaigning. Rent controls, water nationalisation and tackling the climate crisis. Come campaign with us tomorrow! linktr.ee/HSP_6thGreenMP

This General Election the Labour Party were never going to team up with the Greens, as they’ve much more in common with Reform & the Tories… No, if you want a fair, just and corruption free government, this country MUST go Green!! www.theguardian.com/politics/202...

Labour figures rule out working with Greens after ‘Zionism is racism’ vote

Minister says they could not see parties cooperating, while official says coalition should be formally ruled out

theguardian.com

Yeah the thing is, a lot of us think this wasn't a great move, but the absolutely bonkers off the wall reaction to it by the *sensible moderates* is the real problem here. Just being led by the nose by their fash colleagues.

Alasdair Mackenzie@alasdairmackenzie.bsky.social · 2d ago

Again: I didn‘t support the motion, but the idea that without it, Hannah Spencer and Mike Tapp would’ve been sitting round a camp fire holding hands and singing together seems… optimistic

I have no strong view on a preferred outcome here - “stop the massacre and destruction” feels like the immediate priority - but I invite readers to note the result of decades of nice libs wishing for two states is their own governments assisting in genocide, ethnic cleansing and massive destruction.

Spend more than £1bn to "help" frames public provision as a budget constraint. Real question: why isn't energy publicly provided or subsidised at source? A currency issuer doesn't ration help. It builds capacity. #MMT #UKGreenParty #Economics #UKPolitics #UKEconomics Source: Guardian Politics

Argument Builder — MMTAction — Economics for People

Paste the economic claim you're struggling to counter and get a fact-based rebuttal, built on Modern Monetary Theory. Free, no account needed.

mmtaction.com

via EvolvePolitics

Well done, another great investigation @ Declassified

Declassified UK@declassifieduk.org · 3d ago

👉NEW -- Tories took £1.3 million from firm linked to Israeli settlements by Martin Williams & Dania Akkad Amnesty International says Conservative donor JCB is ‘part of the machinery of ethnic cleansing’ in illegal West Bank settlements www.declassifieduk.org/tories-took-...

Sure Jon, why the fuck not, if we are just making shit up? I heard they’ve got a factory making WMDs within forty five minutes, maybe we should invade them and settle this shit once and for all