Comments by "Maria" (@maria8809ttt) on "In political terms the opposite of hate is not love, but care" video.

  1. Very true, one of the most pervasive and persistent myths is the assumption that governments are revenue - constrained, that is, they need to 'fund' their expenses through taxes or debt. This leads to the corollary that government have to 'live within their means', since ongoing deficit s will inevitably result in an 'excessive' accumulation of debt, which in turn is assumed to be unsustainable' in the long run. In reality a monetarily sovereign (or currency - issuing) government - which nowadays include most governments - are never revenue - constrained because they issue their own currency by legislative Fiat and always have the means to achieve and sustain full employment, social justice and defence. The UK is an advanced sovereign, the lack of progression and equality is purely political. These myths help prevent state intervention on behalf of all its citizens. Neoliberal policies implement a background of austerity, used politically to reduse state expenditure to taxation levels. It's just government accounting that has political limits applied. It is all political choice.
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  2. Very true, the rail system comes under state needed infrastructure. The cost is zero, as it would sit on the UK states books as an asset. There would be no need of repayment permently, if the cost was met via a direct government investment, as bond purchase to rise government funding is a political choice. It's a public good.
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  3. Neoliberalism- a set of economic liberalization policies, including privatization, deregulation, globalization, free trade, monetarism, austerity, and reductions in government spending. These are the macro economic policies that were set in motion to reverse social policies post Ww2. The liberalisation was of the banking sector ect. Government brakes that had been applied to help in the prevention of another great depression, ridiculous levels of inequality forming, also to help in the prevention of private sector power used against advanced sovereigns.
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  4. It is impossible for the UK, that is a currency issuing sovereign, to run out of money. The banks are well aware of this fact.
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  5. Also, the UK has and does follow the Capitalist Neoliberal Doctrine and has done for the over 40 years. Nothing to do with socialism (equally).
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  6. The European Union will fail. All government that endorse and implement the neoliberal doctrine will fail. It is just a matter of time. A matter of how long people will allow the asset stripping and benefits of such, to be handed from the majority to the few. Excuses and political lies, backed by those in power and their apologists that except 10 pieces of silver repeated to the masses. Always repeating, there is no alternative.
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  7. They have always known. https://youtu.be/rPlSu1B9Dog?si=2O_aKoJTPgjHxZr1
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  8. The International Monetary Fund isn't the best prof of this fact but it will do, even though the language remains favorable to even less taxation need from corporations due to state assets. In an economy that has political self imposed state limitation on direct investment. The International Monetary Fund have been more than happy pre 2008 imposing harsh conditionalites within the loan agreements. The IMF loan to the UK was never needed but did however allow the legal conditionalites on future governments to be implemented, this was to ensure neoliberal policies throughout the lone period. Tieing the hands of future governments. A perfect political alibi with which to head off mounting political opposition, by presenting austerity as the only way forward, keeping within the IMF legal agreement. This was how many governments implemented the neoliberal doctrine and keep it in place, allowing the economic language of sovereign limits and austerity to be established. 2008 was the start of the pannic within the IMF. The IEO Independent Evaluation Office looked into the peformance of the IMF in the Run Up to the Financhal Crisis with a scathing report. I really do believe it will take a world war for macroeconomic stabilisation on a global stage. Monetary Sovereigns will take back the power from the out of control private sector whilst war rages. The words never again will be said, then it will all start again. Sadly history repeating with every genaration or so. That is if anyone is left this time around.
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  9. Chrematists.
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  10. Sadly, the roll back of the welfare state and power of state for the benefit of the whole population are nearing completion.
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