Still can’t get over the fact that an editor of the Financial Times said that we need to do away with #capitalism in order to deal with the #climate. If that’s not a sign of mainstream economics/finance finally waking up to the reality of the situation we’re in, I don’t now what is.

edit to add link (thanks Boud): https://archive.ph/2023.06.29-113742/https://www.ft.com/content/86d71297-3f34-48f3-8f3f-28b7e8be03c6

Those debates over absolutist conceptions of capitalism v socialism were settled around WWII.
@jncohen And then Ronald Reagan and Margaret Thatcher (may both rot in hell) took a huge dump on them.

@Illuminatus @jncohen

With a lot of help from a group of fundamentalist economists

@scottmatter @Illuminatus @jncohen that then went on to help dictators and fascists globally.

Fuck the Chicago boys,

Fuck Milton Friedman. Fuck everything about him, his stupid fascist economics.

Fuck Reagan and Thatcher who inspired an entire generation of mediocre politics that we still have to deal with today, whether it be Boris Johnson and the Tories in England, Macron in France, the damage done by Schroeder in Germany.

Fuck all of them.