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#thatcherism — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #thatcherism, aggregated by home.social.

  1. @remixtures This wealth gap was created due to #Reaganomics and #Thatcherism. It has been exacerbated by all presidents since then, #Democrats and #Republicans, alike. 40+ years of #neoliberal economic policy has resulted in a wealth transfer from the poor, middle class to the millionaires and billionaires. Where #Dow and #FTSE were the gods on whose altar wealth of middle class and affordability were slaughtered in hopes of #TrickleDownEconomics.

    The reckoning is over due.

  2. 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.

    mas.to/@RichardJMurphy/1151784

  3. AI as Algorithmic Thatcherism

    "Real AI isn't sci-fi but the precaritisation of jobs, the continued privatisation of everything and the erasure of actual social relations. AI is Thatcherism in computational form. Like Thatcher herself, real world AI boosts bureaucratic cruelty towards the most vulnerable. Case after case, from Australia to the Netherlands, has proven that unleashing machine learning in welfare systems amplifies injustice and the punishment of the poor. AI doesn't provide insights as it's just a giant statistical guessing game. What it does do is amplify thoughtlessness, a lack of care, and a distancing from actual consequences. The logics of ranking and superiority are buried deep in the make up of artificial intelligence; married to populist politics, it becomes another vector for deciding who is disposable."

    danmcquillan.org/ai_thatcheris

    #CapitalismKills #thatcherism #AI #ChatGPT #luddites #SocialEngineering #Austerity #Conservatism #AntiDemocracy #precarity

  4. #TheMetalDogArticleList
    #FarOutMagazine
    How Margaret Thatcher inspired a hit Judas Priest song
    Judas Priest wrote 'Breaking the Law' in 1980 in the throes of Margaret Thatcher's reign, resulting in lyrics that address the expanse of societal unrest.

    faroutmagazine.co.uk/thatcheri

    #JudasPriest #BreakingTheLaw #Thatcherism