The Gower Initiative for Modern Money Studies
An independent, non-profit organisation – part of a growing international movement challenging the economic orthodoxy of the last five decades
“It is a trope of twentieth and twenty-first century-life that governments faced with financial shortfalls look first to the services they provide their citizens when making cuts. Instances like these …
Politicians’ fine-sounding pledges offer little more than a deceitful illusion when sound finances dictate the strategy Read More‘It needs to be understood how governments have facilitated inequality in the world. Billionaires don’t happen naturally. The rules by which a country’s economy operates is controlled by governments. If …
Money for big business and war but not for the public good Read More“What is a debt, anyway? A debt is just the perversion of a promise. It is a promise corrupted by both math and violence.” David Graeber, Debt: The First 5,000 …
Don’t let the black hole debt doomsters suck us in with their lies. Enough is enough. Read MoreWhat is the mantra of ‘growth, growth, growth’ – without any structural changes or interventions to reconfigure the basic operations of the economy – but a new variant of the …
‘Mini budget’ shows contempt for ordinary people as government banks on growth at any cost Read More“Neoliberalism has had a free rein in the West since 1980 and has been increasingly untrammelled. We have also seen 40 years of wars to establish its hegemony and resource …
Candidates reject “handouts” as households face crippling hardship Read More“You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.” Buckminster Fuller While the Tory leadership hopefuls have …
As Britain deals with hunger, record temperatures and wildfires, Tory candidates bicker over tax cuts and borrowing Read More“Have we fallen into a mesmerized state that makes us accept as inevitable that which is inferior or detrimental, as though having lost the will or the vision to demand …
Johnson resigns, but the toxic market-driven ideology will remain, whoever his successor Read More“An attitude to life which seeks fulfilment in the single-minded pursuit of wealth – in short, materialism – does not fit into this world, because it contains within itself no …
Growing discontent as the cost of living rise continues to bite Read More“Real generosity towards the future lies in giving all to the present.” Albert Camus, Notebooks 1935-1942 The Debt Doomsters are back (did they ever go away?). Rishi Sunak is …
True consequences of government policy are far worse than a waste of taxpayers’ money Read More“Please spread the word. We need to end the ‘state is like household’ analogy. The main constraint on govt. spending is the productive capacity and resources in the economy and …
The Government, like the Pied Piper, marches the nation back to Dickensian Britain Read More