Patricia Pino has written a thoughtful and detailed response to my recent posts on modern monetary theory (MMT) and the Job Guarantee (JG), which I shared this morning. I welcome that. These are issues that deserve serious engagement, not sloganising. And if there is one thing that matters in political economy right now, it is that we are willing to interrogate our own assumptions as rigorously as we challenge those of others.
People who do, consistently, examine and respond to his assumptions get banned.
“right now”: when people lapse into American English should I suspect that AI has drafted the sentence? Or just that he’s tin-eared?
He has an international audience, y’know. Borderless. And he must make sure Bernie’s people understand him. You never know.
There’s nothing wrong with American English, as you well know.
Of course, when spoken by an American. When spoken by a fat fake-Oirish cunt in Ely it can grate on we locals.
In some ways, it’s superior; in some ways, it’s inferior. As with all dialects.
“it is that we are willing to interrogate our own assumptions as rigorously as we challenge those of others”.
Have any of those souls who have been brave enough (I’m looking at you V_P*) to read what Murphy writes on his blog ever noticed when he has challenged his assumptions?
*Deserving of a medal the size of a dustbin lid for his services over and above the call of duty etc…….
There might be a couple of occasions where he has had his assumptions challenged (as here) and the theory has ‘evolved’ – in the sense of having certain features added but as Gamecock points out the base theory remains the same. A version of North Korea with him as the Kim Jong un figure
Various politicians have been promising to force somebody to employ me for more than 30 years now. The bloody liars still haven’t delivered.
Is it hypocrisy or lack of self-awareness?
modern monetary theory (MMT) and the Job Guarantee (JG)
Sloganising.
The proponents of a ‘job guarantee’ appear to be living in a world where there’s thousands of people in flat caps milling around outside factory gates all desperate for a job for the day. Whereas in reality the millions of people without gainful employment today have no interest in getting a job, they want free £££ while they do nothing. Offer them a job and they’d run as fast as possible in the opposite direction. In fact I suspect if the likes of Reform came up with the concept of ‘Here’s a paid job, take it or no more free money for you’ that the usual suspects would declare it a form of brutality not seen in Europe since 1945.