Market Earth
advanced solutions to contemporary problems
Saturday, April 6, 2024
Show them the fetters
not enough to know the fetters
we gotta seriously agitprop em
corporate capitalism out grew
the gold standard
no safety nets
and balanced budget mania
but capitalism acting spontaneously
reproduces itself with an updated
superstructure
not a change in class dictatorship.
we must target each fetter and why the cap class wants it
and until the capitalists figure out
a way to co exist with a progressive reform wr get no reform
in fact diabolical hooey like NAIRU
new fetters
we must push the reform struggle
but we must take people
to the mountain top too
to show the vista
and a peoples state at long lasr
at its core a wage class
guided dictator ship
willing and wanting to liberate us all from capitalism and its stage by stage morphings of one set of fetters
into the next set of fetters
nb
next stage btw
may be back to old fetters
the old made new again
think 1978 to 2008
Thursday, August 3, 2023
Gargantua 2.0
yes the launch is nearing
we will be up b4 trump hets re elected
readybto battle the corporate elements
the newly formed
lower east side mass criticism
soft wear (sic) group
is tooling up
to float
macro soft interactive fully open source
class struggle mat base
insight vehicles
Sunday, September 5, 2021
Tuesday, November 17, 2020
Back before site raising
we start with job markets
in America
They have chronic slack over the entire cycle
And this is by macro policy objectives
wage repression
Under the guise of price inflation control
A solution to an almost forgotten real context
The stagflation 70's
solution end the inflation
keep the stagnation
add3ndum aug 23
flank speed macro coming
Friday, February 14, 2020
Branko wants s start up no private capital involved form credit system..
Your own " business " model
Branko
Is possibly combinable with a piketty tax regime
Capital scarcity is after all
A reflection of existing
Limits to global physical production
Mobilizing and guiding the development of global or even local
Production
Can use the modern credit economy
Given the dual inflows of fiat credit and a sovereign wealth fund
Supplied out of a piketty tax regime
Thursday, February 13, 2020
Market segmentation for price discovering
Imagine firms guided by market prices
Cut markets in island like pieces and play with various price discovery methods in osolated zones
Friday, February 7, 2020
Reading pgl is like reading a graphic novel about a vamp hire slayer
Fun but wonderlandish
There is no constraint on nominal deficits
No real fiscal restraint
Its A suckers game comrades !
A way to twart kaleckism
Lernerism Vickeryism
Short or long term no nominal constraints
And what else is PGL jiggering around about here ?
Macro science long since demolished these fiscal budget based bugaboos
That twist PGL into a five and a half foot pretzel
The growths man in PGL
With his concern about Social capital flows into the production system
Ends up
As pro corporate
as his whipping boys
the borax baring supply side mule team
ReplyWednesday, January 14, 2015 at 12:48 PM
pgl said in reply to Owen Paine ...
Owen - start a blog. Contribute something to the debate. And don't do a Greg Mankiw by closing it to comments like he did. But be prepared for unwarranted attacks to your contributions (sort of like the one you just launched).
ReplyWednesday, January 14, 2015 at 12:51 PM
Owen Paine said in reply to pgl...
I have a blog
But it's closed to public view
For obvious reasons
It's a log of my discoveries and rediscoveries
No not yet Laid out in formal detail
But my conclusions are so boundary violating
So world disrupting
It's like doctor frankensteins lab notes
Soooooo
I must dose it out here in brief squibs
ReplyWednesday, January 14, 2015 at 01:05 PM
pgl said in reply to Owen Paine ...
"But it's closed to public view - For obvious reasons"
Obvious? Cause you're more cowardly than even Mankiw? I noticed that you did not have the dignity to post your garbage over at Econospeak. I guess you don't post your attacks on other economist bloggers directly over at their blogs either. Coward.
ReplyWednesday, January 14, 2015 at 02:26 PM
Owen Paine said in reply to pgl...
Coward sounds a bit grand
Falstaffian ? Indeed I embrace that pose
But this is not combat ..no ?
Try to stick to substance
Here
Even if I japed it up some
We groundlings have no access to above the fold at well visited sites in blog land
As to why I don't often comment at home sites
I really restrict my self to this site
I have an over generous host here
I greatly admire
A few sympathetic readers
Why travel ?
To seek failure Comforts is not cowardice is it !
I've received attacks here
I wish there were more
Particularly substantive ones that didn't side step the relevant points
Even the venerable snowplow ski
Seemed trapped by his stolid support for the MM agenda
You your self usually abandon exchanges when a topic requires more then a few blasts of the war trumpet Or the parlor kazoo
This topic
Fiscal constraints has always divided us
We once got to the point where you whipped out Sargent
Or was it's Sims ?
At any rate
J m mason has conducted some nice exchanges at his site
on this finite fiscal space gig
And I really haven't seen any knock downs let alone knock outs delivered
To the no fiscal constraint thesis
Once we clear away the elaborate thicket of constraining assumptions
Placed a priority on a sovereign state with it's own currency
Which btw it ought to Institute tout for e if it lacks one
ReplyWednesday, January 14, 2015 at 02:41 PM
Larry Signor said in reply to pgl...
pgl, Your point was well made. Owen is a troll and a jerk with an overly developed sense of self importance, or more probably, smoking something he should have left alone.
ReplyWednesday, January 14, 2015 at 10:57 PM
Owen Paine said in reply to Larry Signor...
Guilty on both counts !
My brand?
Troll twigs
ReplyThursday, January 15, 2015 at 06:05 AM
Owen Paine said in reply to Owen Paine ...
He will miss or miss construe my constructive criticism I'm sure
He is pro job class
But he fears inflation
And the way to control debt burdens involves the skilled use of wage and price inflation
He fears it like one of our naked ape ancestors feared it
before we learned to control it
ReplyWednesday, January 14, 2015 at 12:53 PM
Owen Paine said in reply to Owen Paine ...
Pgl stopped discovering new models some where back
When dear Elvis
was still
Splitting his pants on stage
out there in lost wages Nevada
Since then he's known everything worth knowing
and rejected everything else
In a polemic
He's like a good friend that you'd let loose on your worst enemy
Relentless and ally wise enough
He can defend the truths he knows with fire and claw
And to me hes lovable for that
But hey there are positive lessons to propagate
ReplyWednesday, January 14, 2015 at 01:00 PM
Owen Paine said in reply to Owen Paine ...
There is no debate on fiscal activism
It was all settled long ago
At least by 1946
Since then we have seen much refinement
And some further proposals for socially constructible macronautic mechanisms
Particularly in the area of output price level regulation
Unfortunately we have also seen 60 years plus of corporate sponsored obfuscation dis information
Public focal diversion
Mass knee jerk Superstition mongering
And of course self elaborating OZ- o - nomics
ReplyWednesday, January 14, 2015 at 01:14 PM
Owen Paine said in reply to Owen Paine ...
The road not just untraveled but unbuilt
That leads from here to the new jerusalem
is simply mapped
But hard as hell itself
to build
However
To fail to shake this road map in peoples faces
Would be to betray a greater truth
In the name of immediate meliorism
Short run policy that has no connection to long run reformation
Is feeding the livestock outside the slaughter house
ReplyWednesday, January 14, 2015 at 01:20 PM
Owen Paine said in reply to Owen Paine ...
And to cry
This is all the loaves and fishes we can get for you
Right now
When it plainly isn't. ......
I find that mighty hard to get behind
ReplyWednesday, January 14, 2015 at 01:22 PM
pgl said in reply to Owen Paine ...
"It was all settled long ago - At least by 1946"
Settled before Elvis? It is you who stopped thinking decades ago - not me. Thanks for clarifying this.
ReplyWednesday, January 14, 2015 at 02:31 PM
Owen Paine said in reply to
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