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Tag Archives: progressivism

Bill Mitchell — The ‘tax the rich’ call bestows unwarranted importance on them

Bill answers the main questions about MMT and a progressive agenda to address wealth inequality. There is no need for a currency issuer to tax to obtain the funds it issues itself. The reasons that a currency issuer should tax excessive wealth is political, in that wealth conveys political power. Neoliberalism differs from classical liberalism (laissez-faire) by harnessing government to promoting the interests of capital rather than reducing government involvement in the economy as...

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Jack Rothman — The Democratic Socialist Alternative – What Is It?

The following is the first few paragraphs of a paper which was originally presented at the Left Coast Forum and later published by the LA Progressive. While it is not an official DSA publication, we believe it can serve as a useful basis for discussion and reflection, especially with new members. You can read the whole document here.- Editor DSAThe Democratic Socialist Alternative - What Is It? Jack Rothman

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Bill Mitchell — When neoliberals masquerade as progressives

One wonders what goes on in the heads of politicians sometimes. Perhaps not much other than a warped sense of their purpose in life – which for some seems to be to advance themselves rather than advance societal well-being. In recent days, fiscal debates have raged on both sides of the Atlantic. In the US, there is the Trump tax cut debate. The correct progressive response would be to focus on why these cuts will not advance anybody but the rich and will do very little if anything to create...

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Bill Mitchell and Thomas Fazi — Everything You Know About Neoliberalism Is Wrong

Some falsely assume that as a result of neoliberal globalization the national state has largely been superseded by transnational capitalism to the degree that national sovereignty no long matters very much. International liberals think that this is a good thing, since competition among nation states has led to conflicts and conflagration.Bill Mitchell and Thomas Fazi argue otherwise. What has taken place rather is state capture. ...core capitalist countries have not been characterised by a...

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Mike Berry — Morality and Power: On Ethics, Economics and Public Policy

Short summary of Mike Perry's new book, which itself is a wide-ranging summary of liberal social, political and economic history, a treatment of neoliberalism, and recommendations for getting out of the box that the ruling elite has constructed to contain alternatives to the power structure.Progress in Political EconomyMorality and Power: On Ethics, Economics and Public PolicyMike Berry

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Bill Mitchell — Progressives should move on from a reliance on ‘Robin Hood’ taxes

There was an article in the International Politics and Society journal (August 27, 2017) – Robin Hood had the right idea – which continues to demonstrate, how in my view the Left has gone down a deadend path with respect to financial market reform and re-establishing a credible progressive agenda. The sub-title of the article ‘Why the left needs to deliver on the financial transaction tax’ indicates that the author, Stephany Griffith-Jones, who has long advocated positions I am sympathetic...

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