Socialdem. 21st Century

Time for Britain to get off and abandon ship!:

In the video below, Andrew Marr asks Corbyn whether open borders has become extremely unpopular with Labour’s working class voters, which is a plain truth (here, here, here, and here). His answer?[embedded content]Corbyn’s response: no, it’s all a conspiracy by the right-wing newspapers and (apparently) there are no significant downsides to mass immigration of any kind (such as, for example, overpopulation, soaring housing and rent costs, holding down of real wages, competition for scarce...

See also here.Time to end it before it goes on the rampage again! It’s already destroyed Ireland, Greece, Spain, Portugal and Italy. Who is next?And the delusional pro-EU left thinks they can “reform” this monster. Good luck with that, Yanis.

Nice, short interviews.[embedded content][embedded content][embedded content][embedded content][embedded content]

From the Guardian:Patrick Collinson, “I like the EU, but I’m voting out,” Guardian, 18 June 2016.It’s surprising to see something in the Guardian that is both pro-Brexit and anti-open borders, but times... well, they are a-changin’.Last year I pointed out that open borders is, traditionally, an unhinged anarcho-capitalist and laissez faire libertarian idea (here and here) and mass immigration is the last fraud of neoliberalism (see here and here). Of course, this is the elephant in the room....

Robert Skidelsky talks about Keynes’ life from his three volume biography, the last volume of which is John Maynard Keynes: Fighting for Freedom, 1937–1946 (vol. 3; London, 2000). Skidelsky here, however, muddles up some of his economic theory and seems to identify neoclassical synthesis Keynesianism with Keynes’ economics.[embedded content]

In this rare film of him from October 1931 after the UK abandoned the interwar gold exchange standard (on September 19, 1931):[embedded content]The Eurozone and EU are the new “gold standard” and “gold cage” of today. If he were here today, I’d like to think Keynes would have been pro-Brexit.There is also an amusing footnote to this 1930s piece of history. Ludwig von Mises, prize buffoon of the Austrian school, made a prediction about what would happen after the UK abandoned the gold...

Nice interview of Steve Keen on the catastrophe of private debt and the rentier economy.[embedded content]

The University of Leipzig has recently carried out a survey of 2,240 German people, apparently in an attempt to understand why large numbers of Germans voted for the right-wing populist Alternative for Germany (AfD) in the recent state elections back in March of this year.I am unclear whether this can be defended as a large enough and proper representative sample of general opinion, but see here, here, here, here, and here.Amongst their findings is: 50% of those surveyed complained that they...

Not bad, but pretty poor production values.[embedded content]And, finally, the left recognises that open borders are catastrophic. Unfortunately, Galloway confused budget deficits with current account deficits, however.