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Showing posts from March, 2017

Ideology Precedes Policy Which Determines Outcomes

Ian Welsh
Had a thought, yesterday, while reading that Ian Welsh post: jobs create jobs.
Neo-liberals have things ass-backwards. They believe finance creates jobs. But that's actually not true. Finance creates finance, but it doesn't necessarily create jobs.
In society, industry has more value than finance, but because of how things are, finance controls industry.
Well, there's a lot to think about. There's probably already been someone who's done some thinking along these lines.