Seb Verity

Only an idiot would borrow to invest at the current rates of lending.

Really good thread. The Ethiopian famine of 1985 was not an act of god. It was an act of Marx.

Certainly explains why his economics appear to be drawn from the Union of Soviet Socialist Republics.

@robprogressive More than that at 110-125k due to the perverse disincentives embedded in the tax code 😒

Americans hit 35% tax at $250k Brits hit 45% tax at £125k. Let that sink in

Does this decision in any way benefit the British people whose interest should be the first concern of the British government

BREAKING: Keir Starmer to announce that he has lost confidence in the British people and that we will be replaced.

Abolishing this nonsense will have so many cascading good effects, for every generation. Allowing for much more desired relocation and reallocation. Older people downsizing without the penalty. More young couples getting their first home. Then the huge multiplier effects in fitting out those new homes, great for local businesses and trades large and small. If there ever were a single tax to abolish above all others, it’s this one. Instead we’re killing the economy with this tax and many others like it, only to piss away all they collect on a ballooning benefits bill.

@Danjsalt A performance worthy of the Two Minutes Hate. If only she'd had a Newspeak dictionary to throw... 🙄

Performative outrage She is a pathetic human being and it is shameful that she was ever appointed to the Lords

Just to remind these same folk: You’ve not lifted 1/2m kids out of poverty. You’ve just moved them over a bureaucratic line on a Whitehall spreadsheet. Your ‘workers rights’ are destroying entry-level jobs, hitting young people disproportionately, where unemployment is now over 16%. You have not transformed the NHS. It’s still the same old wheezing leviathan, just with a lot more dosh and still dismal productivity. And you’ve nationalised steel and rail before. It was not the prelude to an economic or industrial miracle. Plus you will now have to include their demands for capital/subsidies among all the other priorities already crowding in on the public purse. Other than that your reminder was useful. Thank you.

NEW: Starmer to "force British people to consume BBC content while they browse their phones" Govt plans "range of measures to force social media companies to ‘give prominence’ to public service content" @Keir_Starmer you need to go before you can do any more damage order-order.com/2026/06/19/exc…

‘We’ve got to get beyond this thing of being in hock to the bond market’ says Andy Burnham… 😱

EXCL: “Narrative change” groups receive millions to build support for migration by influencing the public through the media There is now evidence that a campaigner works within the BBC... and writes storylines for EastEnders telegraph.co.uk/news/2026/06/1…

One of many reasons why Lord Nash's proposed VPN ban is an act of idiocy - I'm currently in the gym, and between sets I gave my agent this command "Please could you code me a VPN app in .apk format that I can then install on my android phone? It should route internet traffic through off shore locations but also have one UK exit node. Please set out the relevant code and commands in human readable format. Thanks!" Three minutes later the work was done. WARNING - do not follow these steps or use the app as I have obviously not tested yet (still got one final set of shoulders to finish). But this demonstrates that these people have not the faintest idea what they are dealing with

The £2.25bn, 13,000 employee Environment Agency has no resource available to act when illegal landfill sites are reported to it, but does have time to threaten volunteers who act to clean up its mess... theguardian.com/environment/20…

To reduce European dependence on American technology firms, the European Parliament has replaced Google with a French search engine, Qwant. Qwant generates its search results by querying the Microsoft Bing API.

Organisations using Fortinet services are urged to investigate whether they have been affected by global targeting of firewalls and VPN gateways and should follow mitigation advice to help defend against the threat. For more information ⬇️ ncsc.gov.uk/news/advice-fo…

Imagine if Starmer had put as much effort into being the PM as he is into remaining the PM.

Marx died in 1883 with two volumes of Capital unwritten and one fatal contradiction unanswered. Eugen von Böhm-Bawerk noticed. In 1884 he published the first volume of Capital and Interest, a history of every interest theory ever floated, and he treated the exploitation theory the way a pathologist treats a corpse: methodically, and without sentiment. Marx claimed that labor alone creates value, that the capitalist pockets "surplus value" by paying workers less than their product is worth. Sounds tidy. Then Böhm-Bawerk asked the question that collapses the whole structure. Why does a worker accept $90 today instead of waiting a year for the $100 his labor will eventually fetch in the finished good? Present goods are worth more than future goods. That is interest. Not theft, not a parasite skimming off the top, but the price of time itself. The capitalist who advances wages today for output that sells next year performs a service, and he earns the spread for bearing the wait and the risk. Böhm-Bawerk laid this out in 1889 in The Positive Theory of Capital, and the exploitation story had no reply. But the real execution came in 1896. Engels had finally dragged Volume III of Capital into print in 1894, and there Marx quietly admitted that commodities do not actually sell at their labor values: they sell at "prices of production" governed by an average rate of profit. Böhm-Bawerk pounced in Karl Marx and the Close of His System. Volume I said value comes from labor. Volume III said prices systematically deviate from labor. Marx had spent twenty years building a cathedral on a foundation he himself dynamited in the back pages. You cannot assert that labor determines value on Monday and that competition overrides it on Thursday and call the result science. A century of central planners ignored this and proceeded to starve Ukraine, wall off Berlin, and empty the shelves of Caracas. The theory was dead in 1896, but the bodies just kept arriving anyway, because nobody reads the footnotes before they reach for the gun.

“What’re you in for mate?” “Cleaning a river without a permit. What about you?” @EnvAgency is really plumbing new depths of malevolent uselessness here.

Announcing a new division of Midjourney called "Midjourney Medical"