Progressive Economy Forum Coordinator, prof emeritus SOAS, Univ London, author of Economics of the 1% (Anthem) & The Debt Delusion (Polity November 2019)
London UK
Joined July 2014
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john weeks retweeted
Deficit of this size won't coincide with high interest rates because the deficit is supporting collapsed demand & counteracting mass unemployment. Inflation won't surge while these deficits are necessary. People need to remember interest rate is set in response to inflation.
john weeks retweeted
“The Energy Charter Treaty, with 53 signatories, allows energy companies to sue states that make their business unprofitable.”
The Obscure Treaty That Could Kill a Global Green Recovery newrepublic.com/article/1583…
john weeks retweeted
Frugal states push to cut size of EU recovery package | Financial Times ft.com/content/07661f32-1fe4…
Could be bad news @LaszloAndorEU @Rinaldi_David @MatthiasThiema3
@UliVolz
john weeks retweeted
Business and politicians wary of UK plan for low-tax trade zones | Financial Times ft.com/content/122cdc16-7435…
Good article quoting Peter Holmes
john weeks retweeted
Competent, likeable, decisive: Keir Starmer beating Boris Johnson on all counts | Politics | The Guardian theguardian.com/politics/202…
john weeks retweeted
Industrial policy and risk sharing in public development banks: Lessons for the post-COVID response from the EIB and EFSI geg.ox.ac.uk/publication/ind…
New paper with @natalyanaqvi out. Pl scroll down in link a bit for pdf of paper.Relevant for development banks post Covid and for GND
john weeks retweeted
There is no wellbeing economy without gender equality. Great blog by @daviesna2 and @angelao44 both members of our Commission on a Gender Equal Economy @chwaraeteg @SWBG wbg.org.uk/commission/9275-2…
john weeks retweeted
Time to bring our railways back into public ownership lock, stock and barrel! railwaygazette.com/uk/franch…
john weeks retweeted
Starmer being criticised for this on anti-austerity grounds, but he says "we can't afford dead weights", which is a different point to "there's no money left" etc.
Labour leader Sir @Keir_Starmer describes the Jobs Retention Bonus as 'dead weight' and says the government cannot afford it itv.com/news/2020-07-09/jobs…
john weeks retweeted
The top marginal tax rate (on income over £150,000) is 45% today.
During the Second World War it was 90%.
The government wants some Blitz Spirit? Ok then - let’s have it.
Tax the wealthy and give pay rises to key workers.
john weeks retweeted
US investment in offshore wind power is predicted to rise from nothing 10 years ago to a level that nearly matches spending on offshore oil drilling: $78bn in capital spending this decade
v. $82bn planned for US offshore oil and gas development.
ft.com/content/93950d29-fa91…
john weeks retweeted
Excellent @AnnPettifor on @BBCr4today reminds us that the way out of the crisis is for the government to create jobs. Jobs create tax revenues and tax revenues balance the books.
john weeks retweeted
It's time time to end NHS privatisation 📣
A @survation poll for @We_OwnIt finds:
🏥 76% want the NHS reinstated as a fully public service
🏥 78% want the NHS to receive more public funding to deliver services
🏥 83% want the NHS to be nationalised and run in the public sector.
john weeks retweeted
We can’t let public money prop up climate criminals and bad bosses. If we really want to #BuildBackBetter, the Bank of England must stop fueling climate breakdown and start leading our green recovery - sign @PositiveMoneyUK 's petition now 👇 actionnetwork.org/petitions/…
john weeks retweeted
Voters who voted Lab in 2017 but not in 2019 were asked to list the main reason for their vote. The results were:
34% ~ To get Brexit done
18% ~ To stop Brexit
14% ~ NHS & public services
10% ~ Policies
6% ~ Economy
5% ~ Corbyn
Via @JLPartnersPolls, 12 December 2019
(2/3)
john weeks retweeted
What about the voters we lost to the Tories? Did they really vote Tory just to get Brexit done?
Yes. The results were:
71% ~ To get Brexit done
8% ~ Economy
6% ~ Policies
6% ~ NHS & public services
2% ~ Corbyn
Via @JLPartnersPolls, 12 December 2019
(3/3)
john weeks retweeted
Alston said. “Even before the pandemic, 3.4 billion people, nearly half the world, lived on less than $5.50 a day. That number has barely declined since 1990.”
Today I am releasing my final report as UN Special Rapporteur. I find that global poverty is rising, and that a decade of misplaced triumphalism has exacerbated the worst impacts of the pandemic.
My statement: chrgj.org/2020/07/05/philip-….
The full report: chrgj.org/wp-content/uploads….
john weeks retweeted
In case you missed it – Ed Miliband this week spoke out in favour of the 2030 emissions reduction target set out under the last Labour leadership, saying it was “completely right on the ambition we need over the next decade”: labourlist.org/2020/07/ed-mi…
john weeks retweeted
Today the NHS turns 72.
Let’s all thank the care workers, doctors, nurses, NHS staff and key workers who put themselves on the line to protect us all.
And let’s all step up the fight to protect #OurNHS – it’s time to end privatisation, staff shortages and under-funding.
