
You may have seen @ZackPolanski speaking about economics this week. But the theory behind his thinking is a pretty wild one - and could end up costing you dearly 👇
Thomas Raymen
258 posts

@Thomas_Raymen
Associate Prof, Criminology, Northumbria University. Social Harm, Corruption, Consumerism, ESG Fraud and Climate Finance. Member WPGB. Mid-Career Fellow, ISRF.

You may have seen @ZackPolanski speaking about economics this week. But the theory behind his thinking is a pretty wild one - and could end up costing you dearly 👇


🚨 SAM ALTMAN: “We see a future where intelligence is a utility, like electricity or water, and people buy it from us on a meter.”



NEW: 🇺🇸The head of NATO Mark Rutte "NATO is a platform for the United States to project power on the world stage."




It’s 3am in a Dubai club right now and the place is alive. You can’t beat this city.





Well done @TheGreenParty at Gorton and Denton. Reform and the awful Matt Goodwin also well beaten, down there with (not)Labour. Tories utterly and rightfully crushed. Well done to @WorkersPartyGB leadership for asking members to vote tactically. The air is full of 'investors', 'businesss advisers' and associated midwits calling Green economics 'bonkers'. We know Polanski isn't an economist but his script is taken from the heterodox economics field. Shifting to non-inflationary public investment under the cosh of what I call 'global money-market power' won't be easy, but this field provides us with the understanding we need to do it. The rentier capitalist club - investment bankers, hedge-funders, bond traders, private equity asset-strippers etc. - who are addicted to the free money provided by interest payments hate heterodox economics not because it's wrong but because it threatens to reduce their flow of free money. Green Party policy won't 'crowd' out private investment, but force them to play catch-up and change their investment targets to the supply chains and services required by the green transition and social needs. Profit-maximising 'impatient capital' must become sustainable 'patient capital' guided by democratic policy decisions. Neoliberalism is finished. Economic history must change, and any party willing to instigate this change must be supported. #player" target="_blank" rel="nofollow noopener">bbc.co.uk/news/live/cp8r…