@PaulRWeir87 @JulieBlackadder @DavidMcNab17 Neither of them understand macroeconomics. If you don't know that then neither do you. I won't waste any more of your time. Goodbye.
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Steve Hall
32K posts
Steve Hall
@ProfHall1955
Prof. Ultra-Realism. Criminology. Sociology. Economic History. Neuropsychology. Anthropology. Political Theory.
Newcastle upon Tyne Katılım Aralık 2023
2.5K Takip Edilen15K Takipçiler
@ProfHall1955 @JulieBlackadder @DavidMcNab17 This whole thing is because influencers like Gary who don’t understand what they are talking about, can’t stop talking about wealth taxes. Dan knows far more about economics than Gary knows about tax. But the point is as a tax it’s bad tax policy.
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Neidle being honest for once. When he finishes dismissing the wealth tax, the presenter asks whether Mazzucato's pre-distributive economics might be better. He replies that it's beyond his expertise. Nothing to say, which is why the media employ him. youtu.be/KTmf6Gsie24?t=…
YouTube
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Steve Hall retweetledi
Is this man plotting to overthrow Reform leader Nigel Farage? And what is the nature of his relationship with Israeli billionaire Idan Ofer?
I’ve uncovered details of meetings that Robert Jenrick doesn’t want you to know about.
The Jenrick Files Pt. 1, published here tomorrow.
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Steve Hall retweetledi
If you are in the UK and you say you sympathise with the Iranian government the British state can put you in prison for 14 yrs.
Hopefully this will wake up a few more Brits. Our old liberties are over. Free speech, free thought. Done.
Philip Proudfoot@PhilipProudfoot
This is proscribing the Iranian government. Every serious British diplomat will have their head in their hands Even if one takes a fundamentally confrontational attitude towards Iran, this stupidity just makes talks, negotiations and partners harder Stupid politics — childish
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@PaulRWeir87 @JulieBlackadder @DavidMcNab17 Tax is part of a broad system on which TV commentators should be able to comment. Narrow decontextualised takes don't properly inform or educate the public.
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@ProfHall1955 @JulieBlackadder @DavidMcNab17 Yet unable to distinguish epistemic humility and ignorance it seems.
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Steve Hall retweetledi
The US empire is waging an all-out assault on international law.
Why? Because the US knows its hegemony is declining fast, so it plans to wage even more barbaric wars around the world, in a desperate attempt to save its global empire.
What the US is doing to Gaza, Cuba, and Iran is what it plans to do across the Global South. And US officials want to make sure that they are never held accountable for their genocidal crimes against humanity.
Secretary Marco Rubio@SecRubio
The International Criminal Court seeks to become the unaccountable arbiter of a new global law — empowered to prosecute and arrest our citizens at will and existentially threaten American sovereignty. We will teach the ICC the full meaning of American resolve.
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Steve Hall retweetledi
''The great tragedy of the global economic malaise is that it is caused by a shortage of something that is essentially costless to produce: money.''
-Steve Keen
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@majomaryoku @haugejostein @ProfHall1955 I suggest you visit Norway or Finland and see whether people feel "taxed to death".
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I often get asked what a socialist market economy is. So, let me explain.
A socialist market economy is an economic system that combines elements of socialism — such as state ownership and control over key sectors — with elements of a capitalist market economy — such as a clear role for private capital, the commodification of labor, and prices being influenced by market mechanisms.
The point about the state controlling key sectors is crucial. In a socialist market economy, the interests of private capital do not override the interests of the state.
This is what fundamentally distinguishes China’s system from many Western capitalist economies, especially the US. It also helps explain why China has been more successful than the US with long-term strategic planning.
Ownership in the financial sector is a good example. In China, the state maintains complete control over the financial system and the allocation of credit in a way we don't see in many Western capitalist economies.
Over the past few decades, the Chinese state has directed money and investment forcefully in line with long-term national goals. The private sector is still important, especially in the consumer goods sector, but it is clearly subordinate to the state. In the US, the for-profit financial sector wields so much power that it often impedes socially beneficial, long-term investment.
In China’s case, this strategy has been hugely successful in driving innovation, technological advancement, and economic development.
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@PaulRWeir87 @JulieBlackadder @DavidMcNab17 Because I have the ability to understand it and I've completed 30+ years of multidisciplinary research.
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@ProfHall1955 @JulieBlackadder @DavidMcNab17 How are you more qualified to talk on Economics than Neidle? neither of you are economists.
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Steve Hall retweetledi
2.8m council homes sold…
1.5m households on waiting list.
It’s as though there’s some connection.
Prem Sikka@premnsikka
Homelessness in England may rise 25% by 2030. Result of low incomes, high cost of living, corporate profiteering, regressive taxation. 2.8m council homes sold since Thatcher's Right to Buy, not replaced. 1.5m households on social housing waiting list. theguardian.com/society/2026/j…
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The only alternative I can think of is that he's been warned not to criticise US policy, so the only way he can comment critically is to present this 'total victory' as a hint that the only way is for the East to dig in harder and at some point go on the offensive. But that's a long shot.
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@OneQuantumLeap Yes i agree..
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@OneQuantumLeap @Milovana_C I think he could be running scared after his detention, tbh.
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@Milovana_C Absolutely agreed!!
If the US was constantly winning, it would not be in the situation it now finds itself.
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@MontyCristo11 Right. So step outside of your cod-libertarianism. Until you do, stay off my threads or I'll block you. Good lad.
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Stepping out of a closed system is the only way to test it's boundaries.
Introduce an external axiom. Break circular validation. Break the deterministic loop. 👌
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All marxist economists, if you understand marxism you know everything about the unified framework for analyzing capitalism and totalising ideology - the premise of deterministic materialism.
It's a closed philosophical system.
Steve Hall@ProfHall1955
Neidle being honest for once. When he finishes dismissing the wealth tax, the presenter asks whether Mazzucato's pre-distributive economics might be better. He replies that it's beyond his expertise. Nothing to say, which is why the media employ him. youtu.be/KTmf6Gsie24?t=…
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Steve Hall retweetledi
@ProfHall1955 @JulieBlackadder @DavidMcNab17 You can chat any old 🚮 in a RP accent. DN also said that billionaires don’t wield power, so eg Murdoch & his media empire are benign? Lord Sainsbury & his donations to Labour Together; Larry Fink, Bill Gates unminuted meetings with the PM are just a geezer get-together?
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@sparklecreek @ladysowandsow Completely over her head. Commentary on crucial economic issues such as tax, inflation, investment, bond market power etc. requires the best critical economists we have, who understand the big systemic picture, not tax lawyers or PPE hacks.
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@ladysowandsow @ProfHall1955 I looked at external coverage including his advertised expertise. He's a tax lawyer who comments on tax policy. The entire point which has sailed over your head is that this topic warrants commentary by ECONOMISTS.
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Steve Hall retweetledi
@ProfHall1955 … The Habonim Dror School of Racist Comedy… Baron Sacha Cohen… Mark Regev… Jonathan Freedland…
english.almayadeen.net/articles/opini…
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Steve Hall retweetledi
@ProfHall1955 The greatest triumph of the neoliberals is that they've convinced everyone that this shitshow is a consequence of "corruption by bureaucracy".
The reality, if course, is that it's a free-for-all, rip off state organised around the interests of rent seekers.
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@cpeedell Not sure about luck, Clive. The fledgling neoliberal movement had been heavily funded by the likes of the Ford and Rockefeller foundations and supported by household-name journalists such as Walter Lippmann since the 1920s. share.google/dJqYhM7phF1jtM…
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@ProfHall1955 Pure luck that his ideas broke into the mainstream. It was actually Reader’s Digest that helped him by serializing “The Road to Serfdom”. The world is paying a heavy price for his mad and misguided thinking to this day
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Yes, Branko is right. Hayek was a simpleton and market competitors don't follow the rules. But he forgets that in the class relation all one side have are pawns. We have millions more, but they're not allowed on the board.
Branko Milanovic@BrankoMilan
How did I realize that Hayek knows very little about the real world? In one of his books he argues that economic outcomes have nothing to do with justice or injustice. They are just a product of following given economic rules. The rules are followed, there is an outcome. And then Hayek gives the example of chess, by saying that winning or losing is not an issue of justice. Players follow the rules and one wins. That's all.
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Steve Hall retweetledi
Ali-G was always a niche market for racists who thought anything outside their monoculture should be laughed at but never with.
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His new niche market is even narrower:
People who think the mass-murder of children is funny.
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Perhaps less of a "niche market" & more of a diagnosis
Steve Hall@ProfHall1955
War is peace. Freedom is slavery. Ignorance is strength. Zionist propaganda is comedy.
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@ArchaeologyX @wales_steve @Genius @Everipedia_io @DogeHella @SachaBaronCohen @Grokipedia Really? Which stunt?
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@ProfHall1955 @wales_steve He gave my friend, @Genius and @Everipedia_io @Dogehella a brain tumour with a stupid stunt that killed him age 41.
I dunno if I'll forgive @SachaBaronCohen for that.
In fact one day, I may even take over @Grokipedia and destroy his legacy for it. youtube.com/watch?v=sP3Ixe…
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War is peace. Freedom is slavery. Ignorance is strength. Zionist propaganda is comedy.
R@MonikerGeller
Ali G was funny for about 5 mins back in the late 90s when he was interviewing unsuspecting marks. It was dead by the 2nd series. Who TF is encouraging him to bring it back now - nearly 30 years later?
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@Vinodh_Rag @profbakidemirel Certainly, the Eurodollar market circumvented Keynesian capital controls, but the process was quite complex, simultaneously systematic as financialisation rose and offshoring plans were hatched to replace declining manufacturing profits, and opportunistic after the oil shock.
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Not a dream, it was roughly the 1944 to 1971 system: capital controls, non-tradable claims, repressed rates. It also produced the fastest broad development on record. The interesting question is why it ended. Was it unenforceable once offshore dollar markets existed, or was the asymmetry of one country issuing the reserve asset the part that broke?
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Fransa Avrupa'nın en fazla yabancı yatırım çeken ülkesi. Üstelik ağır vergi koşullarına ve yabancılara özel başka ayrıcalıklar vermemelerine rağmen. Dolayısıyla yabancı yatırım çekmek için emeği ucuzlatmak, onlara vergi avantajı vermek gerekir iddiası gerçeği yansıtmıyor.
Hep dediğim gibi yabancı yatırımla kalkınma olmaz. Sen kalkınırsan halkının refahı yüksek olursa yabancı bu talep fırsatlarından yararlanmak için gelir. Yatırımı belirleyen faiz düzeyi değil talep beklentileridir. Dış yardımsız/yatırımsız kalkınmayız anlayışı terk edilmelidir...
Steve Hall@ProfHall1955
"France ... Europe's leading destination for foreign direct investment for seven consecutive years... The strong claim that heavy taxation and interventionist state ownership repel foreign investment collapses on contact with the actual French record."
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