{"id":88271,"date":"2025-12-08T08:10:23","date_gmt":"2025-12-08T08:10:23","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=88271"},"modified":"2025-12-08T08:10:23","modified_gmt":"2025-12-08T08:10:23","slug":"people-want-democratic-control-of-the-city-and-money","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2025\/12\/08\/people-want-democratic-control-of-the-city-and-money\/","title":{"rendered":"People want democratic control of the City and money"},"content":{"rendered":"<p>Yesterday's video on 12 questions on MMT had a poll linked to it, which was not reproduced on this blog (my mistake).<\/p>\n<p>This <a href=\"https:\/\/www.youtube.com\/channel\/UCGlMOIZ1A3zluwLXTGpzZfw\/posts\" target=\"_blank\" rel=\"noopener\">was the poll and the results<\/a>:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-88268\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-08-at-07.58.32-550x322.png\" alt=\"\" width=\"550\" height=\"322\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-08-at-07.58.32-550x322.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-08-at-07.58.32-512x300.png 512w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-08-at-07.58.32-768x450.png 768w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-08-at-07.58.32-600x351.png 600w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-08-at-07.58.32.png 874w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/>I know all the arguments about this not being representative, and that the questions are not comprehensive, but I do think that the massive vote in favour of government control is surprising and suggests that there would be considerable enthusiasm for any political party that:<\/p>\n<ul>\n<li>Suggested state control of the Bank of England<\/li>\n<li>Limited the power of private banks<\/li>\n<\/ul>\n<p>At the very least, there is an appetite for reform. Any politician ignoring that would be making a serious mistake: people want democratic control of the City and money. And why shouldn't they? After all, money creation is one of the reserved powers of the state. It should exercise it better.<\/p>\n<hr \/>\n<p><b>Comments\u00a0<\/b><\/p>\n<p>When commenting, please take note of this blog\u2019s comment policy,\u00a0<a href=\"https:\/\/www.taxresearch.org.uk\/Blog\/about\/comments\/\">which is available here<\/a>. Contravening this policy will result in comments being deleted before or after initial publication at the editor\u2019s sole discretion and without explanation being required or offered.s<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday&#8217;s video on 12 questions on MMT had a poll linked to it, which was not reproduced on this blog (my mistake). This was the<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2025\/12\/08\/people-want-democratic-control-of-the-city-and-money\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[136,204,35,106],"tags":[],"class_list":["post-88271","post","type-post","status-publish","format-standard","hentry","category-city-of-london","category-economic-justice","category-economics","category-politics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/88271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=88271"}],"version-history":[{"count":1,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/88271\/revisions"}],"predecessor-version":[{"id":88272,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/88271\/revisions\/88272"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=88271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=88271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=88271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}