You cannot have hollowed-out firms driven by the demands of financial neoliberalism and also have businesses capable of surviving downturns caused by reasonably anticipatable issues like inflation.
This from the bloke who only 6 months ago was calling 1% coupon bonds “high interest”. Very foreseeable inflation, oh my yes.
Which “neo” is worst? Neoliberalism, neoconservatism, neo-classical economics, or neoNazis?
Is Sir Kneel Starmer a representative of Neosocialism?
What? You say there is no such thing as Neosocialism? How can that be?
At least we get to enjoy neoMurphyism every day. Only a heartless wretch could describe it as the inconsistent, incoherent blabbering of an ignorant, old fool declining into dementia. I’ve got it! Call it neoBidenism.
Is “financial neoliberalism” the new “candidly”?
Who pays Ritchie’s bills? Does he have a rich benefactor? Is he a secrete stock market trading wizz? I cannot imagine his books are best sellers or he has a lucrative after dinner speaking business.
dearie
Is there Kneo-Starmerism?
dearieme
Sorry: didn’t mean to be so familiar – too quick with the “Post” button
In my experience, neoliberalism means “I’m an idiot and my field hasn’t noticed any political or economic developments since 1990.”
I think ‘financial’ in this context is merely an intensifier, like ‘very’.
@Salamander, he has various academic positions, grants from charitable trusts, income from books and media appearances and donations. Not bad for someone who has not had a proper job for >20 years.
https://www.t*xresearch.org.uk/Blog/about/
@Sam Jones
So he is a politically well connected grifter. Good work if you can get it. perhaps Mr Ritchie’s next book could be a how to guide on being a political grifter.
Salamander/ Sam Jones
He’s also constantly on at firms/organizations ‘withholding information on who their funding comes from’ – this was especially pronounced during the EU Referendum but occurs with other opponents. Amusingly some of his funding comes from a donor ‘who wants her privacy respected’. Of course that’s fine but for his opponents, no such understanding.
The entire linked piece reveals such a fundamental ignorance of Markets and pension provision I would posit the authors as people in their twenties with zero understanding of the role of dividends in either personal investments or company funding. Looking at the website of the ‘Productivity insights network’ it appears to be almost entirely composed of academics – quite what insights they would have into productivity God only knows….
Salamander
It’s a little known anecdote that Murphy could have been a movie star in the early seventies – he was in competition for a role in a Western movie, which eventually was taken by Clint Eastwood.
However, undeterred he embarked upon a ‘piece de resistance’ spanning five decades. The resultant film – ‘High Plains Grifter’ continues even to this day.
I’d love to get a precise definition of what a “hollowed-out firm driven by the demands of financial neoliberalism” actually is, and how it differs from a “business capable of surviving downturns caused by reasonably anticipatable issues”.
Dennis
I’ll attempt a translation:
‘Hollowed-out firm driven by the demands of financial neoliberalism’
A company laid low by the requirements to take account of shareholders interest by paying dividends, as opposed to putting the money into either consultancy services looking into Fair Taxes and Tax Justice run by semi retired accountants turned academics in the Fens or providing some kind of permanent income for someone in the said position?
Does that work for you?
his funding comes from a donor ‘who wants her privacy respected’
He’s ripping off his ex-wife?
Let us not forget his appearances in neo-pornographic epics by Rocco
@asiaseen, Ritchie got £25k per year of funding from the Kenneth Miller Trust. He published its name on this thread and then deleted it as one of the trustees asked for anonymity.
https://www.t*xresearch.org.uk/Blog/2015/07/24/new-sources-of-funding-for-tax-research-uk/
The Kenneth Miller trust has no website, and is not listed on the Companies House or Charity Commission website, so it is private, offshore or both.
@Sam Jones
That post is over 7 years old, and the old familiars are commenting; Pilgrim Slight Return and Ivan Horrocks. I am inclined to believe that one doesn’t keep a troll going for 7 years and they are in fact genuine.
One name I haven’t seen since, was Sue Queef. I presume she is of this parish ?
That Kenneth Miller Trust thing is odd. Plenty of other beneficiaries from the fund have thanked the Trust for their help
Funny how Spud can’t include a little thank you somewhere.
One of Spud’s most egregious funding scams benefited not him but his mate Colin Hines.
Most charities won’t fund individuals, only ‘organisations’ which includes LLPs. Maybe Hines wanted some dosh but couldn’t apply himself so he and Spud resurrected the ‘Finance for the Future LLP’ which had been dormant for about 8 years. This LLP applied to the Polden Puckham Charitable Trust for and got grants of £15k in 2019-20 and £18k in 2020-21.
What happened to those grants? In 2019-20 £14,700 was paid straight to Hines. In 2020-21 £17,800 was paid straight to Hines. In other words, Hines got c£32k cash he wouldn’t have got had he tried to apply to the Trust as an individual.
What did Hines use that money for? We don’t know. If the LLP had incurred any expenses, they would have shown in the accounts but by paying Hines directly, we have no way of knowing whether Hines actually incurred any expenses or whether it was just money he pocketed.
What has the Trust seen for its payment? No idea.
Andrew
Quaker roots, sustainability, peace & saving the planet, a previous emphasis on making smaller grants (from the latest accounts) – spud made!
Now, if he (and his mates) are really on the ball, he’ll have noted Polden’s latest announcement, from here:
https://www.polden-puckham.org.uk/
Go big, spud, go big…..
Andrew
Spud’s way ahead of us!
https://www.polden-puckham.org.uk/grants-made
We have recently made our the first of our larger grants since the decision was taken to spend down:
…
Finance for the Future
Murphy and Hines had a £20k grant and have got an extra £50k. So £35k each.
https://www.t*xresearch.org.uk/Blog/2021/11/22/a-funding-update-4/
Murphy’s annual income is:
– £35k from Finance for the Future
– a professor salary from Sheffield one day a week (starting salary is just over £60k so say £12k) https://www.sheffield.ac.uk/hr/thedeal/professorial/structure
– £17k from the Corporate Accountability Network
https://www.t*xresearch.org.uk/Blog/about/
– money from articles, books, etc. The above link says £360 per month from the National, but no doubt there is more
So at least £70k of income, and he is still appealing for donations (another £10k per year per the link)!