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Jeffrey Sachs Explosive Address at the EU Parliament
(www.youtube.com)
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this post was submitted on 28 Feb 2025
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I would really take anything he says with a grain of salt....the dude is literally the person who invented shock therapy for post Soviet States. He's not a reliable narrator and his only real goal is to spread Keynesian economics and convince authoritarian governments to privatize state assets.
What's a better system then Keynes, monetarism or MMT?
I tend to not like any capitalist system as it will always decay into neoliberalism eventually.
yes even if the state does manage to buy back assets and hold them for a long time and actually run them properly as long as there are capitalists competing with the state there will always be an incentive to flog the states assets for cheap price and entshittify them it’s why social democracy is a bandaid