iiinova — where your digital self keeps evolving

Reposted by @vinnienoir.bsky.social

Richard Murphy @richardjmurphy.bsky.social · 22h

Tax does not pay for government spending. So what is it for? Instead, it controls inflation and shapes our society, and understanding that could transform how we manage our economy. youtu.be/BTqN9V58ugw?...

youtu.be

Tax does not pay for government spending. So what is it for?

YouTube video by Richard J Murphy

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Northern & proud 👊 @gazlancs.bsky.social · 03/10/2026

From faulty towers to a faulty brain! What a fucking idiot he’s become!

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DamonTheDemon @damonthedemon.bsky.social · 03/10/2026

We betray our young in this country. We have taken almost everything from them. Hope for a better future, most of all. Its makes me very very angry.

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BladeoftheSun @bladeofthes.bsky.social · 03/10/2026

Suella Braverman’s parents emigrated (they were horrible economic migrants not from a war zone she hates). She went to Cambridge for free and didn’t collect £27k debt like everyone else. Scrounger. She used the Erasmus scheme to study in France. Which she has blocked. Horrible

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DamonTheDemon @damonthedemon.bsky.social · 03/10/2026

No surprise here, eh Nelly? We knew what he would be like.

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DamonTheDemon @damonthedemon.bsky.social · 03/10/2026

My bluesky peeps and those I follow have already posted this. But my dudes, you have to read this shit. Its utterly heartbreaking and it will open your eyes to who Labour really are. FFS. Wtf are doing here people!

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Richard Murphy @richardjmurphy.bsky.social · 03/10/2026

What is money, really? The hardest question in economics needs an answer. That's what this morning's video is all about. youtu.be/Rs5fIopDHI8?...

youtu.be

What is money, really?

YouTube video by Richard J Murphy

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Prem Sikka @premnsikka.bsky.social · 03/10/2026

Thousands of young people could lose key disability benefits Govt could limit the Personal Independence Payment (Pip), and further strip Motability support. Hope the govt sees sense and doesn't repeat Starmer policies. Why not end corporate welfare?

independent.co.uk

Thousands could lose key disability benefits in welfare changes

The plans risk reigniting tensions with backbench Labour MPs over welfare spending

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Lynne #TaxTheRich #WelfareNotWarfare. Eco-Socialist. Pro-🇵🇸 @bebsdotteragain.bsky.social · 02/10/2026

🤔The only thing he is doing “BEFORE” the next election!! I wonder why?

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Kev @caoimhin1.bsky.social · 02/10/2026

Don't you just love this new incarnation of The Starmer Party

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Richard Murphy @richardjmurphy.bsky.social · 02/10/2026

What if fiscal headroom doesn't exist? youtu.be/Xp-pnyJU_n4?... In the run-up to the Budget, there is going to be a lot of talk about fiscal headroom, but the reality is that this is just a figment of a Chancellor's imagination, just as fiscal rules are.

youtu.be

What if fiscal headroom doesn't exist?

YouTube video by Richard J Murphy

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Ms. Deathwish #Exist2Resist @msdeathwish.bsky.social · 01/10/2026

This is social murder

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MMTAction @mmt-action.bsky.social · 30/09/2026

Myth: the government has to find money before it can spend. Reality: it creates new pounds when it spends and destroys them when it taxes. Watch Finding the Money this weekend to see how currency actually works. #MMT #FindingTheMoney #UKGreenParty #Economics #UKPolitics

mmtaction.com

Finding the Money — The Documentary That Changes How You Think About Money — MMTAction

A masterpiece! By far the most inspiring economics film I have ever seen. Watch the trailer, stream the film for free, or host a screening in your community.

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Lynne #TaxTheRich #WelfareNotWarfare. Eco-Socialist. Pro-🇵🇸 @bebsdotteragain.bsky.social · 30/09/2026

People spend their lives living off poverty wages, are unable to pay for ‘Private’ pension provision, and are then left living a life of poverty in retirement!! That doesn’t sound like a fair way of doing things to me!!

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MMTAction @mmt-action.bsky.social · 30/09/2026

Currency issuer asks "how will it be funded" about its own spending. The real question: what real resources and capacity does adult social care need, and is the budget sufficient to acquire them? Funding is not the constraint. #MMT #Economics #UKPolitics #UKEconomics Source: Guardian Politics

mmtaction.com

Argument Builder — MMTAction — Economics for People

Economics for People — built on Modern Monetary Theory. Equip yourself with evidence-based arguments to defeat fiscal objections.

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Duncan Poundcake @duncanpoundcake.bsky.social · 30/09/2026

#Burnhim If it looks like a Tory...

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MMTAction @mmt-action.bsky.social · 30/09/2026

"Unsustainable public finances" for a currency issuer spending on pensions is backwards. The real question: are there enough care workers and beds? The triple lock debate should be about real resources, not phantom affordability constraints. #MMT #Economics #UKPolitics

theguardian.com

Will pensioners be poorer as a result of Burnham scrapping the triple lock? | State pensions | The Guardian

Original triple lock was designed to lift pensioners out of poverty but OBR says it contributes to unsustainability of public finances

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Duncan Poundcake @duncanpoundcake.bsky.social · 30/09/2026

#Reeves #Healey Making you poorer, sucking the life out of the economy and employment, then punishing you should you dare to claim welfare. This is what ALWAYS happens when Govts try to run a 'balanced budget' and a 'surplus'. #Labour are wedded to the failed economics of Neo-Liberalism...

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Richard Murphy @richardjmurphy.bsky.social · 30/09/2026

The UK doesn't need an IMF bailout youtu.be/ZDbZgBiMp_8?... The Financial Times and others are asking if the UK might need to turn to the IMF for a loan - which is absurd, because nothing could be further from the truth.

youtu.be

The UK doesn't need an IMF bailout

YouTube video by Richard J Murphy

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MMTAction @mmt-action.bsky.social · 29/09/2026

Someone will ask how you pay for universal healthcare or green infrastructure. You won't have a weak answer. Argument Builder gives you the evidence-based rebuttals that work: the real constraints, the sectoral flows, the accounting that shows it's affordable. #MMT #Economics #UKPolitics

mmtaction.com

Argument Builder

Build evidence-based arguments for MMT policy proposals

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Reposted by @vinnienoir.bsky.social

Mani Isna La 🇨🇺 🇵🇸 🇬🇱🕊️ 🪶 #IndigenousLivesMatter @maniisnala.bsky.social · 29/09/2026

Thatcher got it SO wrong 🤦 10 reasons why privatisation fails youtu.be/aQ8k1a-OOHY?...

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Duncan Poundcake @duncanpoundcake.bsky.social · 29/09/2026

£64bn pa magicked from thin air and paid to bank reserve accounts. Free money from the Bank of England. As longs as the bankers are OK.

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Duncan Poundcake @duncanpoundcake.bsky.social · 29/09/2026

#Labour Time to leave... 'It is time for people of courage to walk away from Labour. They have had their chance. They have blown it. We need a real alternative in this country now. They will never be it again'.

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DamonTheDemon @damonthedemon.bsky.social · 29/09/2026

Couldnt have said it better myself. Capital before people, always. If we are to survive that must change.

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DamonTheDemon @damonthedemon.bsky.social · 29/09/2026

👏👏👏👇👇👇 💯

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Natacha @natacha.bsky.social · 29/09/2026

Labour is dishonest when is uses the slogan “hope”, which, tellingly, it nicked from the Green Party, while touting a policy to make pensioners even poorer than they are already. The irony of having the slogan “Hope again” alongside headlines about Labour’s policy of making pensioners poorer…

HOPE AGAIN
UK POLITICS
Minister refuses to rule out scrapping state pension triple lock ahead of Burnham speech
• Burnham's deputy refuses to say if he will scrap triple lock - live

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Richard Murphy @richardjmurphy.bsky.social · 29/09/2026

It is time for people of courage to walk away from Labour www.taxresearch.org.uk/Blog/2026/09... They have had their chance. They have blown it. We need a real alternative in this country now. They will never be it again.

taxresearch.org.uk

It is time for people of courage to walk away from Labour

As I say on fiscal rules in the glossary to this blog: Fiscal rules are targets set by governments to limit borrowing, debt, or deficits over time. They are presented as if they are neutral, technical...

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HT4Ecosocialism @ht4ecosocialism.bsky.social · 28/09/2026

Exactly what we should expect.

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Saul Staniforth @saulstaniforth.bsky.social · 28/09/2026

Ed Miliband: "I want to say, to the millions of people in this country.. who have been moved & outraged by the plight of the Palestinian people, we hear you" So why are you still arresting them?

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MMTAction @mmt-action.bsky.social · 28/09/2026

Think you can beat the MMT bot? Bring your sharpest anti-MMT argument and test it. See how far you get before the logic gives way. #MMT #Economics #UKPolitics

mmtaction.com

The MMT Challenge

Nobody has beaten the MMT bot. Bring your best anti-MMT argument and see how you score.

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Reposted by @vinnienoir.bsky.social

ᚔᚅᚄᚓᚏᚈ ᚄᚉᚐᚏᚍ ᚅᚐᚋᚓ @ciara2001.eurosky.social · 28/09/2026

I really think people like this should have to wear the logos of their sponsors on their clothing when they are being interviewed

Lobbying
edit
He holds a number of paid positions as an adviser for lobbying and consultancy companies.[51] He is paid chair of the Purpose Defence Coalition, members of which include arms manufacturer Leonardo, which has "extensive links" to Israel’s military.[52] He is paid chair of the Purpose Business Coalition, members of which include Leonardo and oil company BP. He is a paid senior adviser to Rud Pedersen, a lobbying company with expertise in security and defence, which has oil and gas companies Glencore and Enwell Energy as clients.[53

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HT4Ecosocialism @ht4ecosocialism.bsky.social · 28/09/2026

The needs to be read and shared: A sovereign government with its own currency can create as much money as it needs. Taxes DO NOT PAY for government spending. Governments SPEND THEN TAX. Taxes simply cancel out the money spent. There is PLENTY of money! #LearnMMT #Austerity

Book cover for The Deficit Myth by Stephanie Kelton

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MMTAction @mmt-action.bsky.social · 28/09/2026

Universal care funded by "asking taxpayers to cover the cost" accepts the wrong frame entirely. A currency issuer doesn't ask taxpayers for money to spend. The real question: does England have the nurses, beds and care workers? That's the constraint. Money isn't. #MMT #Economics #UKPolitics

theguardian.com

Andy Burnham to fight next election with plan for NHS-style care service | Labour conference 2026 | The Guardian

PM says he is willing to expend political capital to bring in universal service for England funded by ‘everybody’

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Martin K @martinthemartian90.bsky.social · 28/09/2026

McFadden using emotional abuse tactics to justify pushing disabled welfare claimants into poverty. This is atrocious and pure evil. Don't vote Labour again

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Saul Staniforth @saulstaniforth.bsky.social · 28/09/2026

Rachel Shabi: "If you're going to do something about social care, great! But then you're saying to the electorate, I'm going to ask you about it in 2029, and everyone's like, 'cool, but what about right now, because everything is horrible right now?'" Labour has a majority of 158

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Richard Murphy @richardjmurphy.bsky.social · 27/09/2026

There is no such thing as taxpayers’ money youtu.be/4AyhV70BDwE?... Anyone who claims the government spends taxpayers' money is talking total nonsense. The problem is that almost all our politicians do.

youtu.be

There is no such thing as taxpayers’ money

YouTube video by Richard J Murphy

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MMTAction @mmt-action.bsky.social · 26/09/2026

This movie explains why politicians seem so useless. #MMT #FindingTheMoney #UKGreenParty mmtaction.com/share/screenings/find…

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Saul Staniforth @saulstaniforth.bsky.social · 25/09/2026

"Staff at the V&A museum are starting a 2 day strike in a dispute over pay and conditions.." Solidarity with @prospectunion.bsky.social members on strike today.

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The Daily Britain @thedailybritain.bsky.social · 24/09/2026

Labour MP Clive Lewis has launched an extraordinary attack on Tom Watson over his decision to join Palantir. Writing in @theguardian.com, Lewis says Watson's move to become a senior vice-president at the US tech giant is a sign of "how far the rot in our democracy has spread".

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MMTAction @mmt-action.bsky.social · 25/09/2026

"Final offer" for a devolved government's budget is Westminster theatre, not economics. The real question: why does the currency issuer keep rationing money to the regions it governs? Scarcity in Belfast is a political choice in London. #MMT #Economics #UKPolitics #UKEconomics

bbc.co.uk

Stormont: UK government declines to increase financial help - BBC News

Some six months have passed since the executive should have set a budget for this financial year.

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BladeoftheSun @bladeofthes.bsky.social · 24/09/2026

Benefit/Pension/NHS Spending in the UK isn't high. In fact it is pretty low, just not low enough for the billonaires.

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MMTAction @mmt-action.bsky.social · 24/09/2026

Oil prices up, borrowing costs up, so the chancellor has "less room to manoeuvre". Wrong frame. As currency issuer, the UK can always afford to spend. The real question: what inflation and resource constraints exist, and how should fiscal policy manage them. #MMT #Economics #UKPolitics #UKEconomics

theguardian.com

Oil price rise creates more pressure on UK policymakers before budget | Economics | The Guardian

Treasury sources concede ‘less room’ for manoeuvre as global bond selloff also hikes government’s borrowing costs

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MMTAction @mmt-action.bsky.social · 24/09/2026

Neoliberalism didn't fail the left, the left failed to name what it actually was: a conscious choice by the currency issuer to starve public services. That's not inevitable. It's reversible. #MMT #Economics #UKPolitics #EUEconomics

braveneweurope.com

Bill Mitchell: The failure of neoliberalism and the progressive failure to articulate that has engendered the rise of the far Right – Brave New Europe

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Prem Sikka @premnsikka.bsky.social · 24/09/2026

This chart published by the Economics Laboratory, shows that the UK social spending is 23% of GDP, covers NHS, social security and support services. It is a useful rebutal to neoliberals calling for cuts to the NHS, state pension and other benefits. www.linkedin.com/posts/charto...

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Saul Staniforth @saulstaniforth.bsky.social · 24/09/2026

The Trussell Trusts Helen Barnard: "Universal Credit already falls well short of what people need to afford the essentials.. if we see those cut any more we'll see more people driven into severe hardship" Which is exactly what those who propose cutting it want. They want a return of the workhouse

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