#neoliberaleconomics — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #neoliberaleconomics, aggregated by home.social.
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@InsurgoFormica
Yes Greg Jericho (Australia Institute) tells it like it is and makes no bones about it. I regularly read his columns as well as those of Prof John Quiggin (well argued views), Prof Richard Murphy (taxresearch.org.uk) for his excoriation of #NeoLiberalEconomics, and Prof Varoukakis (for his unconventional view) when he writes them -
Tegan George adds further weight to the argument favouring #TaxReform in the #FossilFuelIndustry and #GasSuperProfits with this article for The Point:
“A lead analyst at the Institute for Energy Economics and Financial Analysis (IEEFA) has argued that conditions are ripe for an overhaul of how Australia taxes liquefied natural gas (LNG) exports, with gas giants preparing to cash in on another global price surge.”
Read more:
https://thepoint.com.au/news/260416-pivotal-moment-for-lng-tax-reform-as-prices-surge-globally#AusPol #Grifting #GreedFlation #NeoLiberalEconomics #CapitalismGoneWild #EatTheRich
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Tegan George adds further weight to the argument favouring #TaxReform in the #FossilFuelIndustry and #GasSuperProfits with this article for The Point:
“A lead analyst at the Institute for Energy Economics and Financial Analysis (IEEFA) has argued that conditions are ripe for an overhaul of how Australia taxes liquefied natural gas (LNG) exports, with gas giants preparing to cash in on another global price surge.”
Read more:
https://thepoint.com.au/news/260416-pivotal-moment-for-lng-tax-reform-as-prices-surge-globally#AusPol #Grifting #GreedFlation #NeoLiberalEconomics #CapitalismGoneWild #EatTheRich
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Tegan George adds further weight to the argument favouring #TaxReform in the #FossilFuelIndustry and #GasSuperProfits with this article for The Point:
“A lead analyst at the Institute for Energy Economics and Financial Analysis (IEEFA) has argued that conditions are ripe for an overhaul of how Australia taxes liquefied natural gas (LNG) exports, with gas giants preparing to cash in on another global price surge.”
Read more:
https://thepoint.com.au/news/260416-pivotal-moment-for-lng-tax-reform-as-prices-surge-globally#AusPol #Grifting #GreedFlation #NeoLiberalEconomics #CapitalismGoneWild #EatTheRich
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Tegan George adds further weight to the argument favouring #TaxReform in the #FossilFuelIndustry and #GasSuperProfits with this article for The Point:
“A lead analyst at the Institute for Energy Economics and Financial Analysis (IEEFA) has argued that conditions are ripe for an overhaul of how Australia taxes liquefied natural gas (LNG) exports, with gas giants preparing to cash in on another global price surge.”
Read more:
https://thepoint.com.au/news/260416-pivotal-moment-for-lng-tax-reform-as-prices-surge-globally#AusPol #Grifting #GreedFlation #NeoLiberalEconomics #CapitalismGoneWild #EatTheRich
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I never get tired of tooting #GregJericho ‘s articles, because what he says, most of the time, is not just informative, it’s a booster shot against the #FakeNews and #EconomicMisInformation the #msm spews out — unfortunately with that much misinformation being the main narrative of all but a few news outlets and the #FifthEstate, a lot of it is bound to be believed as truth: like the furphy about increasing wages driving up inflation — everyone should know by now the inflationary dragon is #GreedFlation.
“There hasn’t been a wage breakout since I was in primary school but do not worry – the RBA is still on the watch, ever on alert to raise interest rates in an effort to increase unemployment and lower wage growth.”
Read more:
https://www.theguardian.com/business/grogonomics/2026/feb/18/real-wages-fall-australia-workers-economyBut the RBA is not about to let a debuked economic theory go to waste. So Greg is warning us of another rate rise likely to come if the RBA stays true to form — and why shouldn’t it?
Read more:
https://thepoint.com.au/opinions/260220-dont-panic-rba-low-unemployment-is-a-good-thing#RBA #NeoClassicalEconomics #NeoLiberalEconomics #AusPol #CashRate #Inflation #WageGrowth
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The view from Grogs
https://live.australiainstitute.org.au/2025/10/parliament-live-senate-estimates-gets-underway-all-the-days-events-as-it-happens/Of course, this is the expected outcomes with every public infrastructure (Telecom sale) sold to the private sector. Falling service standards and profit taking priorities as long as profits are to be had, else the service tanks and privateers pull out without penalties.
#StateCapture #PrivatisationRuins #NeoliberalEconomics #ShortTermGains #LongTermFailures #InUnity #PublicInfrastructure #Optus #000Fiasco
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If you’re an MMT‘er, this is one podcast you do not want to miss. I for one am looking forward to the next one.
If you are a neoclassical or neoliberal economist then watching this pod cast is likely to screw with your brain, so be warned even though I huighly recommend you watch it.
#RichardMurphy #economics #NeoclassicalEconomics #NeoliberalEconomics #MOdernMoneyTheory #MMT #Taxation #GovernmentExpenditure #Academia #EconomistsAdrift #FalseEconomicAssumptions #ChicagoSchoolOfEconomics #Reaganism #Thatcherism
Our economic systems are built on false assumptions and we need to change that because there are better ways to greater social good.
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Business Stuff doesn't make any sense till I remember the principle (maxim? another vile maxim?) of the "Invisible Foot" explained by E.K. Hunt.
> .. The "invisible foot" ensures us that in a free-market ... economy each person pursuing only his own good will automatically, and most efficiently, do his part in maximizing the general public misery.
- https://mstdn.jp/@bsmall2/108195742682747173
- https://znetwork.org/wp-content/uploads/zbooks/www/books/3/3.htm#3.2.1
#EKHunt #InvisibleFoot #BusinessStuff #WelfareEconomics #NeoLiberalEconomics #DismalProfession -
.> In his book on globalization, The Lexus and the Olive Tree, Friedman says, and I quote, “The hidden hand of the market will never work without the hidden fist. McDonalds cannot flourish without McDonnell Douglas…and the hidden fist that keeps the world safe for Silicon Valley’s technologies to flourish is called the U.S. Army, Air Force, Navy, and Marine Corps.” Perhaps this was written in a moment of vulnerability, but it’s certainly the most succinct, accurate description of the project of corporate globalization that I have read.
#ArundhatiRoy in her speech #ComeSeptember quotes #ThomasFriedman on the #InvisibleHand with #HiddenFist about which he may haver written in a "moment of vulnerability." Maybe E.K. Hunt's "Invisible Foot" caught him a good one that day and he slipped, blurted out a clearer way of seeing #CorporateGlobalization, #FreeMarkets, #NeoLiberalEconomics....
- https://dharma-records.buddhasasana.net/texts/arundhati-roys-speech-come-september -
Well, if the last 8 interest rate rises have done basically nothing to address inflation... then I'm sure the next one will totally work! 🙃🙃🙃