Discover and read the best of Twitter Threads about #JG
Most recents (10)
இந்தியாவோட #Renewable_Energy துறைல என்ன மாதிரீ முன்னேற்றம் 2021 டிசம்பர் வரைக்கும் அடைஞ்சிருக்கு இந்தியாவோடசோலார் பவர் & விண்டு மில் பவர் உற்பத்திலயும் உலக லெவல்ல நான்காவது இடத்தை தக்கவச்சிருக்கோம் அதோட புள்ளி விவரத்த இந்த #திரட்ல பாக்கலாம்..⚡️ 
#Renewable_Energy ஜென்ரேசன்எபிசென்சி கடந்த சில ஆண்டுகள்ல அதிகரித்துள்ளதுனு #CAGR டேட்டால இருக்கு இதுவே 17.33% ஒன்றிய அரசாங்கத்தின் ஆதரவுடன், அதிகரித்த பொருளாதாரம், பல முதலீட்டாளர்களின. வரவும் முன்னோக்கியே இருக்கு..⚡️
பாரிஸ் ஒப்பந்தத்தின் படி 175 GW , 2030ல 523 GW (ஹைட்ரோவிலிருந்து 73 GW உட்பட) #Renewable_energy efficiency நிறுவ நம்ம ஒன்றிய அரசு திட்டமிட்டுள்ளது. 2021 அக்டோபர் சந்தை அளவு, இந்தியாவின் புதுப்பிக்கத்தக்க ஆற்றல் திறன் 1.49 GW அதே..⚡️
It’s (thankfully) been a minute since I was active on night twitter, but the @LPE_Project #UBI symposium is so rich, I’m eroding my own norms 🙀! Time to talk about our lovely monetary consumption (& production...) economy!
First things first, read the intro! @NoahZatz did a characteristically thoughtful job introducing analytical themes and outlining the contours of the ensuing conversation. You simply love to read it. (Also...the links…the links…the memories...🔗🍻)
lpeproject.org/blog/consideri…
lpeproject.org/blog/consideri…
“Even the most progressive nation-based approach to basic income faces a fundamental justice challenge in the reality of human mobility.”
“...cash transfer programs created in response to #Covid19 may have some insight to offer.”
- Jennifer Gordon 🔥🔥🔥
lpeproject.org/blog/ubi-and-i…
“...cash transfer programs created in response to #Covid19 may have some insight to offer.”
- Jennifer Gordon 🔥🔥🔥
lpeproject.org/blog/ubi-and-i…
A) ‘The Use and Abuse of MMT’. CounterPunch (13.04.2020).
This is a stunning paper from @NatCounterPunch written by Hudson, M., Bezemer, D., Keen, S. @ProfSteveKeen & Öncü, T.S. @t_oncu. The beautiful psychological concept of money which could be used to address the natural...
This is a stunning paper from @NatCounterPunch written by Hudson, M., Bezemer, D., Keen, S. @ProfSteveKeen & Öncü, T.S. @t_oncu. The beautiful psychological concept of money which could be used to address the natural...
B)..physical, emotional and intellectual needs of everyone by being democratically controlled to create full employment whilst protecting the environment is being consciously used by the finance industry and neoliberal governments to oppress the people and enrich the few. Their..
I seem to have time this summer to read another intriguing book by a #MMT scholar. So, what follows is some remarks on @ptcherneva's "The Case for a Job Guarantee".
1) From the top a very readable and eloquent presentation - I like the compactness of this book series.
(...)
1) From the top a very readable and eloquent presentation - I like the compactness of this book series.
(...)
2) It is difficult to find more timely subject for non-fiction book. @ptcherneva portrays nicely why everbody should be interested in #JobGuarantee proposal. Everyday examples in the introduction bring the unemployment question to right level of abstraction.
(To be continued...)
(To be continued...)
3) Why do we need #JobGuarantee? Because the current policy regime relying on the idea of natural unemployment (NAIRU) is theoretically flawed and morally questionable. The relation between inflation and employment is at best shady. The RIGHT level of unemployment is zero.
(...)
(...)
Some remarks on @StephanieKelton great book "The Deficit Myth".
1) It is a fabulous popularization of #MMT (neo-chartalism).
2) The division between Currency-User and Currency-Issuer is explained in a very clear manner - will be THE eye-opener for many.
(To be continued...)
1) It is a fabulous popularization of #MMT (neo-chartalism).
2) The division between Currency-User and Currency-Issuer is explained in a very clear manner - will be THE eye-opener for many.
(To be continued...)
3) Key principle (of #MMT) is to redefine "balanced" in economic policy and move the focus from balancing government spending and taxes to "balancing" full employment and price stability.
4) Changing NAIRU oriented policies to Job Guarantee is the main tool.
(To be continued.)
4) Changing NAIRU oriented policies to Job Guarantee is the main tool.
(To be continued.)
5) Ditching the NAIRU (or any natural unemployment rate) concept is very important also theoretically. #MMT claims that there is not straightforward relation between unemployment and inflation, the latter being much more complex phenomenon than mainstream view assumes.
(...)
(...)
So @NaomiAKlein made some important points on the @PitchforkEcon podcast about neoliberalism and the #GND. She said that while the popularity of purist neoliberal doctrine is not as popular pervasive, its success has been in convincingly asserting that #thereisnoalternative /1
This is because neoliberalism has effectively captured the public imagination in two critical ways. 1) Framing debates about Capitalism under the assumption that it is an immutable indivisible totality, while they themselves understand and act on the assumption it is not /2
Considerable energy is spent debating under the premise that the only contributions towards systemic alternatives must clearly guarantee the overcoming of the capitalist totality from the onset. Neoliberals however have spent 40 years shaping institutions to their liking /3
We need a #GreenNewDeal and #JG. Most people aren't socialpathic. In their jobs, they don't want to work on making the planet unlivable for their children, they don't want to engage in fraud or corruption, they don't want to stand by while their coworkers are harassed and abused.
Most people don't want to build systems of mass surveillance, psychological manipulation, and autonomous weapons. Most people don't want to work on how to exploit others more and more. But fear, fear of unemployment and loss of livelihood gets people to work rapidly on all these.
This fear is real. Whistleblowers are completely destroyed in this system. This is a system of socialpaths, by socialpaths, for socialpaths. With impending climate catastrophe and massive concentration of autonomous means of violence, we need a new system immediately.
I spoke with @worldfinance about #MMT and appreciate how this piece tackled some misconceptions and overlooked aspects.
worldfinance.com/markets/modern…
worldfinance.com/markets/modern…
Some additional points that we didn't get to discuss w/ the author. The article says: the #jobguarantee would be "hugely expensive". On the contrary. The enormous costs of unemployment & poverty is what's "hugely expensive". The #JobGuarantee controls & prevents these costs.
The #JG is anti-cyclical & by design it 'controls' spending on employment to be at the right level. It anchors wages at the bottom-another key anti-inflationary feature
The #JobGuarantee is more than a price stabilizing tool, or a "buffer stock of labor" to keep ready for private sector employers. It IS those things, but more importantly it's a life changing policy that will eliminate involuntary unemployment. And for me it's personal.. 1/
My son Jared turns 7 in a few weeks. He was 3 when he was diagnosed with autism. The official diagnosis wasn't a surprise to me, it was almost like diagnosing my daughter with curly hair. We knew. I WAS surprised however when I heard of the unemployment #'s for autistic adults 2/
"There will be 500,000 adults on the autism spectrum aging into adulthood over the next 10 years. Yet a whopping 85% of college grads affected by autism are unemployed, compared to the national unemployment rate of 4.5%" (2017) 3/
moneyish.com/heart/most-col…
moneyish.com/heart/most-col…
Almost 20 yrs ago (1999), Randy Wray, @mattybram, @ptcherneva and I brought the Center for Full Employment & Price Stability to #UMKC. For two decades, we hosted conferences, advised policmakers, and published volumes of research on the #JobGuarantee.
Our doctoral program produced dozens of students who wrote their dissertations on some aspect of the #JobGuarantee. People like @FadhelKaboub now run their own Institutes with the #JG at the core.
Point is, we’ve been at this a for a very long time. Sometimes it felt like a losing battle. But here we are today with #JG in the headlines every day.
