Post #3466258

2024-03-08 07:39 UTC

#FollowTheMoney 🧵 5/n Adding here a piece a group of us co-wrote at an #anthropology workshop, on “Understanding Growth”. This was experimental - co-writing on the spot! -, but i do come back to it: we distinguish between“Growth rooted in life” from “growth rooted in numbers”. Capitalism is pure number thinking. Obviously there are many real experts on all this (Marx, Pikkety for a start), this piece is left field! But just thought of it again in this context. https://undisciplinedenvironments.org/2023/10/26/anthropology-and-degrowth-where-to-next/

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@pvonhellermannn@mastodon.green 2024-03-08 17:42

#FollowTheMoney 🧵 6/n This is important: in contrast to most other Central Banks, which simply sit out losses, the Bank of England has an indemnity arrangement requiring the Treasury to cover its losses. This has resulted in £38-£40 billion going in effect from taxpayers to private banks in 2023, and same this year. Adding a second hashtag: #SEEtheOligarchy FT article only for subscribers, I know (i get it through work). Here screenshots of key passages. https://on.ft.com/4bUtp80

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