Tag Archives: Paul Mason

Mag[ie continues to fisk Paul Mason on Marxism and MMT. Magpie's Asymmetric WarfareGetting all Tied Up (4) Magpie

Magpie critiques Paul Mason's criticism of MMT from the POV of a Marxist.Magpie's Asymmetric WarfareGetting all Tied Up (2) Magpie

I confess I expected better. Paul Mason misses the fact that it is not ‘hit and hope’ it is actually the way money IS created – the neoliberal deceit is the ‘fact’ that we tax and spend. The Treasury has after all, admitted as much as, indeed, have the Bank of England in September 2017: “Regarding whether taxation is necessarily required to finance government spending the answer is no, it is not. Along with raising money by taxation, governments can borrow money and they can create money...

Owen Jones, Paul Mason & the problem with the UK left  Owen Jones and Paul Mason are widely considered to be the UK’s pre-eminent left-wing commentators; both appear frequently on television and radio, write regularly for mainstream publications like The Guardian and The New Statesman, have had books published (and subsequently translated into multiple languages) and attract enormous followings on social media: as of August 2018, their Twitter accounts have 742,000 and 597,000...

The English journalist Paul Mason speaks below on neoliberalism and his belief that capitalism has had its day. He is the author of the new book Postcapitalism: A Guide to Our Future (2015).[embedded content]Frankly, I think the debate is very confused and misses important points. Also, Mason’s book appears to base its analysis on the idea of the Kondratieff wave and Marxism (Chapter 3 of the book is even called “Was Marx Right?”). Unfortunately, I think these theories are nonsense.In my...