Comments by "" (@charliemoore2551) on "The Bank of England is overdue for reform" video.

This is all absolute heresy - which is exactly what is needed right now. Excellent video. One of the best so far.
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Why are we "meant" to live in a market economy? I don't remember that referendum.
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@JoinTheTemple The track record of fundamentalist market-based economies is far worse. Socialists have been rightly criticised for not lifting backward economies out of poverty but neoliberals have plunged advanced economies into poverty where there was little or none before. Mixed economies with proper democratic accountability and effective regulation have been, by far, the most successful.
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@JoinTheTemple "But it’s a sliding scale - the freer the economy, the demonstrably better it does." Absolute nonsense. The mixed economies of the Western powers, following the Second World War gave the highest rise in living standards in history. The return of free market dogma under Thatcher and Nixon arrested that progress and we are currently undergoing the biggest FALL in living standards in history. The main driver of the US economy from 1776 onwards was slavery followed by land theft and genocide. That's how the capital which brought about the expansion of the US economy was made. But you're right about one thing. An economy in which you can buy and sell people as if they were beasts of the field is about as free market as you can get. Neoliberals love Hong Kong. It's the centre of money laundering and corruption and has been since the British stole it from China in order to pursue the opium trade in the fine traditions of laissez faire capitalism: It's an entirely artificial economy which serves a niche purpose for the real economies around it. Using it as an exemplar of the virtues of the free market is simply ridiculous - as well as sordid
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