Summary:
Although I am held in check for quite some time now by a cancer that wants by force to grow and live inside my body, I’m back again with this other video… enjoy: PEF Council member Ann Pettifor explains how all governments finance their spending (and its not from taxation). Key Economic Facts: – Governments Finance ...
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Although I am held in check for quite some time now by a cancer that wants by force to grow and live inside my body, I’m back again with this other video… enjoy:
PEF Council member Ann Pettifor explains how all governments finance their spending
(and its not from taxation).
Key Economic Facts:
– Governments Finance Themselves.
Ann Pettifor – On Theresa May, Danny DeVito and “OTHER PEOPLE’S MONEY”, October 8th, 2018
What will the Labour Party do? First, the whole of the national resources, in land, material and labour must be fully employed. Secondly, a high and constant purchasing power can be maintained through good wages, social services and insurance, and taxation which bears less heavily on the lower-income groups.
(2) Winston Churchill, election broadcast (1945)
I must tell you that a socialist policy is abhorrent to British ideas on freedom. There is to be one State, to which all are to be obedient in every act of their lives. This State, once in power, will prescribe for everyone: where they are to work, what they are to work at, where they may go and what they may say, what views they are to hold, where their wives are to queue up for the State ration, and what education their children are to receive. A socialist state could not afford to suffer opposition – no socialist system can be established without a political police. They (the Labour government) would have to fall back on some form of Gestapo.
(3) Clement Attlee, As It Happened (1954)
It was clear that there could be no return to past conditions. The old pattern was worn out and it was for us to weave the new. We had not been elected to try to patch up an old system but to make something new. Our policy was not a reformed capitalism but progress towards a democratic socialism
… . …
“[…] It is the differences in cultures and economic structures that preclude genuine reform. And so it will always be”.
“German citizens firmly against any (even weak) federal reforms to the EMU”, by Bill Mitchell, October 10, 2018.
I’m Ann Pettifor, author and analyst of the global financial system, and co-author of The Green New Deal (2008). I predicted an Anglo-American debt-deflationary crisis back in 2003, and in September, 2006 published The Coming First World Debt Crisis (Palgrave). I am known for my work on the sovereign debts of low income countries and for leading an international movement for the cancellation of debts, Jubilee 2000.
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