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The Embittered Economist

@EmbitteredThe

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Professor in Economics from the Working Classes. The worst type of educated oik. Economics? It isn't for right wingers...

Joined November 2020
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@EmbitteredThe
The Embittered Economist
20 days
Understanding Market Socialism 101... My experience is that anti-socialists are stuck in the 1970s: arguing against rationing bread & nationalisation. None of this is proposed, but the caricature is far easier than engaging with contemporary debates over ownership.
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@EmbitteredThe
The Embittered Economist
3 hours
๐—ฃ๐—ผ๐˜€๐˜-๐—•๐—ฟ๐—ฎ๐—ป๐—ฑ ๐—ก๐—ฒ๐—ผ๐—น๐—ถ๐—ฏ๐—ฒ๐—ฟ๐—ฎ๐—น๐—ถ๐˜€๐—บ @reformparty_uk is what happens when right-wing economics fails the market test under @UKLabour and the @Conservatives. It gets rebranded. Same product. New label. Harder edge. Political economy as a marketing strategy...
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@EmbitteredThe
The Embittered Economist
6 days
Democratic socialism = "I can't define social democracy" State socialism = "I want to avoid how capitalism and interventionism go hand in hand" Utopian socialism = "I like homemade bread" Anti-socialism = "This is all the same thing and it's 1984"
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@EmbitteredThe
The Embittered Economist
13 days
Starmer meets the wreckage of international law with Wormtongue's whisper and Chamberlain's sleep...
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@EmbitteredThe
The Embittered Economist
13 days
"Stop the Boats. Arrest the grannies. Ignore international law". One nation, one story, one way to belong - the UK right's flat earth. But society isn't flat - it's fractured. Solidarity is how those fractures become power. #SocialistSunday
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@VoxUmmah
VoxUmmah
14 days
In the coming hours and days there will be a lot of disinformation and misinformation regarding Venezuela. We recommend the following for accurate news and analysis: @venanalysis @OrinocoTribune @KawsachunNews @sov_media
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@EmbitteredThe
The Embittered Economist
14 days
This is the political economy of decline in its rawest form: a waning hegemon lashing out because it can no longer rule through economic gravity alone. When accumulation stalls and legitimacy evaporates, violence becomes the last instrument of authority.
@BTnewsroom
BreakThrough News
14 days
BREAKING: The Trump administration has begun an illegal bombing campaign of Caracas, Venezuela, striking various parts of the city.
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@EmbitteredThe
The Embittered Economist
15 days
Calling basic left political economy 'left populism' only makes sense after a long march to the right. When proposals to tackle inequality, raise wages and broaden ownership are recast as extremism, 'balance' becomes a way of avoiding the economics altogether.
@Joe_Dromey
Joe Dromey
17 days
The government is being squeezed between twin populisms of the right and of the left. We need to confront both, and to deliver bold change that improves lives and tackles inequality. Good to speak to Heather Stewart at the Guardian about our work at @thefabians (link below).
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@thisisyourparty
Your Party
16 days
In 2026, let's build a socialist alternative to privatisation, inequality & war. @jeremycorbyn on the year ahead for Your Party โœŠ
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@EmbitteredThe
The Embittered Economist
20 days
Once the nostalgia and hysteria are removed, the issue is mundane: do British markets function better when ownership is widened beyond incumbents and inheritance, or not? The economics points firmly to extension - which is precisely the rational core of socialism.
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@EmbitteredThe
The Embittered Economist
20 days
Cue the outrage about expropriation. Again, none. This is about property rights, not seizures. Workers gain legally defined rights to organise, access finance, and buy in under reformed rules of transfer. Nothing here resembles confiscation, despite the theatrics.
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@EmbitteredThe
The Embittered Economist
20 days
Hence the ritual panic about central planning. There are no planners setting prices and no civil servants running firms from Whitehall. Markets still coordinate; the awkward question is who in Britain actually gets access to capital beyond incumbents, inheritance and the City.
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@EmbitteredThe
The Embittered Economist
21 days
Instead of engaging with policy, they whine about people on X. The real empirical question is how far hate is rooted in authoritarian personality traits on the right, relative to the libertarian left - and how this shifts with the Labour leadership's assault on basic rights.
@GeorgeFoulkes
George Foulkes
21 days
The amount of personal abuse now directed at @Keir_Starmer on X is totally unacceptable. Itโ€™s fair enough to disagree with him, his policies & his government but to descend to the nasty personal comments now posted shows ignorance but also spite, wickedness & hatefulness
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@EmbitteredThe
The Embittered Economist
21 days
A reminder...
@EmbitteredThe
The Embittered Economist
21 days
@Xxtayce Classical liberalism was a theory of markets with the state. Libertarianism is a theory of markets against the state, drawing on anarchist critiques of authority rather than classical political economy. You're welcome!
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@EmbitteredThe
The Embittered Economist
24 days
@BuckCllr @ProudSocialist Opposition to socialism often appears less ideological than epistemic: a position grounded in ignorance rather than argument...
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@thisisyourparty
Your Party
28 days
Israel has killed six Palestinians sheltering in a school, including a baby. The slaughter continues. The focus of Britain's police, media & political class? How to further attack the right to protest for Palestine. We will not be cowed.
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@declassifiedUK
Declassified UK
28 days
โš–๏ธ POLL - do you support the hunger strikers? Please repost after voting.
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@zarahsultana
Zarah Sultana MP
1 month
From the Congo to Sudan to Palestine, Your Party will stand with the oppressed. That means it must be explicitly antiโ€“Zionist. There must be a day of reckoning for those who have enabled genocide. We cannot rest until Keir Starmer and David Lammy are in the docks of The Hague.
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@zarahsultana
Zarah Sultana MP
1 month
Donโ€™t just abolish Prince Andrewโ€™s titles, abolish the monarchy.
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