The Western ruling class considers China's technological development to be a threat because it undermines a core tenet of the imperial arrangement. Here's how it works. The states and firms of the imperial core actively seek to prevent sovereign technological development in

This is why it is so self-defeating to insist that taxes "finance" gov spending. It leads you to the ridiculous conclusion that we need money from Jim Ratcliffe to hire a new nurse or buy a pylon. Real wealth cannot "leave the country". If billionaires move, let them.

"We welcome migrants, we don't scapegoat them. Low wages, poor housing, poor public services, are not the fault of migrants... we have to make the case for the benefits of migration" The most duplicitous politician in my lifetime

What REALLY Happened at Glastonbury Lowkey

Today is sad indictment of how we make policy in this country. Our view on the disability benefits cut vote.

BREAKING: Palestine Action has been denied a court injunction to oppose its proscription as a terrorist organisation. By midnight today, sharing this film could get you 14 years in prison:

Milton Friedman was wrong about almost everything. So why is his zombie economics still running the world? newyorker.com/magazine/2023/…

"To those who say that in the sixth largest economy on Earth.. we must first tolerate rising poverty in order to bring it down later, we have to reply: that is not economic realism, it is moral and political failure dressed up as pragmatism." 🔥🔥🔥

Mainstream macro uses the NAIRU, or the Non-Accelerating Inflation Rate of Unemployment, as a constraint. If unemployment falls “too low,” inflation is expected to rise uncontrollably. But this framework misrepresents both data and Phillips’ original insight. 🧵1/7

Britain 🇬🇧 should do SO much more than recognise Palestine 🇵🇸. We have a duty to restrain Israel’s genocidal violence and bring an end to the occupation. How? End arms, dual use, energy shipments. Ban complicit companies from public contracts. Expel Elbit. Try soldiers & more

History won't be kind to this kind of authoritarian overreach. Holding those signs & supporting the core aims of Palestine Action in challenging our own gov's complicity in genocide is moral, not criminal The responsibility of course lays with Keir Starmer and Yvette Cooper

This is *obviously* what all UK Plc should be doing. Israel has proven itself to be a rogue terrorist state, insisting on continued ethnic cleansing and genocide of the Palestinian people. There is no "pragmatic, centrist" response that doesn't involve any and all econ sanctions.