I am going to plug a book I am not in:
John McDonnell has not forgiven me for once criticising Corbyn. That is his right. But many of the ideas in this book are familiar on this blog, even if there are also some I disagree with. Some issues discussed are, in fact, core themes here, from the Green New Deal to corporate tax reform. It would be churlish not to say that it's good that such things are getting the attention they deserve.
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doing whatever you can to get back on the labour ladder!!
quite funny, the greens, the SNP, Labour..whoever will listen and provide a home for your “services”..going to have to compromise and drop the MMT ticket..McDonnell thinks its the economics of lunatics. Not often a politician goes on record to humiliate a former economic advisor to the party..”he knows nothing about macroeconomics” or words to that effect..and you grovel to him, you must be desperate..
If that’s grovelling when many of the actual authors are well known to me then you clearly do not know what the term means
I greatly value my independence
@johnny What a ridiculous thing to say. He is merely stating that many of the ideas in the book are ideas that are much discussed here, so it is worth reading. You interpret that as trying to climb back on the Labour ladder? Do you also think that party politics is black and white? That we can’t appreciate policy ideas from across the political spectrum? That says much more about you than it does about anything else.
P.S. If you are going to use quotation marks then you can’t then say “or words to that effect” as it means that it isn’t a direct quote and you are placing your own biased interpretation upon it.
Antony Dear says:
“P.S. If you are going to use quotation marks then you can’t then say “or words to that effect” as it means that it isn’t a direct quote and you are placing your own biased interpretation upon it.”
Sorry, Antony I can’t agree with that. The inverted commas are not necessarily quotation marks, they also serve as ‘speech marks’ (as we used to call them when I was at school) to indicate that somebody is saying something as part of the narrative.
Doesn’t in any way justify Johnny’s infantile remarks, but there you go.
I wouldn’t mind this sort of Johnny-waffling if he was actually defending the indefensible McDonnell. But he’s not, he’s just having a groundless smirk for the trollish delight of it.
Nothing to see here…..
I’m encouraged that it is only ‘edited by’ not ‘written by’…JMcD.
It’s possible that he has missed his true vocation in the publishing industry…. With luck it will be a huge success and he will see fit to make a career change. 🙂
There is little new about this. His parents lived round the corner from my Auntie and not far away from Granny, who had much the same views. However her source was the Papal Encyclical “Rerum Novarum” of the 1890’s which she read in the Latin.
Johnny – for goodness sake man!
Richard has recognised what this book actually is – a step in the right direction. Let’s see what happens eh?
Mainstream economic thought still has problems with MMT – not just McDonnell – even though MMT principles have been used in QE and the bribing of the DUP to prop up May’s slim majority.
And its not just Richard who advocates MMT either.
You need to be more worried about what might be Labour’s timidity – there are growing signs that it is still there.
I suspect this may well be a book which has some useful ideas along with some well-meaning pointers as to the policies the UK ought to implement but if it doesn’t contain a thorough and rational explanation how the UK creates its money, or can point to it, then the very engine to justify the book’s title is missing. John McDonnell seems incapable of grasping this point and resorts to casting aspersions to cover his ineptitude.