#lenin

https://keenlens.substack.com/p/the-bank-of-england-admitted-in-2014 'I see everyday #politicians repeat like parrots #economic propositions they don't even start to understand, defending a model that a central #bank admitted was wrong over twelve years ago. ... The #Greens propose actual structural change and get labelled "communist" by people who have never read a balance sheet or a #Lenin text. The heterodox approach #predicted #2008, predicted the #housing #crisis, and predicted the current private #debt trap. The orthodox models predicted none of it ...' 'The orthodox model was declared wrong by the Bank of #England in 2014. Their paper “#Money Creation in the Modern Economy” stated plainly: #banks do not lend out deposited #reserves in a multiplier chain. Banks create #deposits when they make #loans ...' (NZ's Social Credit Party got a Court to agree five decades earlier.) 'The consequences are not theoretical or academic. When you worship the wrong model, you can’t do anything else than design the wrong #policy. You pretend not to see the #monopoly extracting over 6 billions from a #mortgage market they control 87% of. You don’t see that raising rates shift #income from #borrowers to banks and does not touch the supply of housing stock. You end up believing the #household metaphor is literal — that the Crown pockets are empty — when #NZ’s #Crown debt is 44% of #GDP...' (The OECD average is about twice that.) '... #Galileo was almost burned at stake for simply asking the #Inquisition #judges to look in the telescope. Same old, same old.' '..... 'Gentlemen, it is clear cut #class #warfare, and the #vested interests are so encrusted in #society that they are winning. Remember that their main weakness is in numbers, they are damaging and literally #robbing the majority of us, of the New Zealand society and brainwashing many trees to think that voting for the axe is the #prudent, #family sensible thing to do. The only chance you have is when numbers talk. The #election is coming...'

"Those who are really convinced that they have made progress in science would not demand freedom for the new views to continue side by side with the old, but the substitution of the new views for the old." - Vladimir Lenin, "What is to be Done?", Chapter 1, Section A, https://www.marxists.org/archive/lenin/works/1901/witbd/i.htm | Please stop pretending Lenin wasn't an authoritarian from the jump & only became so out of civil war necessity. Lenin was always anti-pluralist & supported the suppression of views he considered incorrect. He also asserts this as if it were universal among people who believe to have made progress in science. I don't personally remember Darwin sending letters to the IWA saying to expel creationists nor Einstein writing in "Why Socialism?" that the chief task of the socialists is to ban Newtonianism due to it being outdated physics. #lenin #authoritarianism #freedom #politics #communism #socialism #marxism

Don't fool yourself — the #USSR under #Stalin was #conservative & #reactionary, not revolutionary or #socialist/#feminist. On #ThisDayInHistory in 1936, #abortion was outlawed there, reversing #Lenin's 1920 decree, and it stayed illegal until 1955, two years after Stalin's death.