TIARA – There Is A Real Alternative

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For years, I was annoyed by the term TINA, which Margaret Thatcher coined and which stands for “there is no alternative”.

I could find no adequate response. And then, yesterday morning, it occurred to me that there is one. It is TIARA, which stands for “there is a radical/rational/real alternative”. You can take your pick of which R you want.

This, of course, has always been the case. No one ever needed to put up with neoliberalism. It was designed as an exploitative curse upon the majority of people in a population, and that is what it has been. To pretend that there was no alternative was just the language of an elite who wished to exploit people.

But, I have to say, I feel more comfortable now that I have a suitable acronym available to respond with, because a radical, real and rational alternative seems to be just the right way to describe the framing that I use for modern monetary theory and the politics of hope.

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