Daily Archives: November 1, 2019


Stephanie Kelton: The Public Purse

YouTube has the video Stephanie Kelton: The Public Purse.

As part of the lecture series between UCL Institute for Innovation and Public Purpose (IIPP) and the British Library, Stephanie Kelton speaks on why a government budget should not be looked at in the same way as a household budget


Stephanie Kelton always does such a good job of explaining this. Elect Bernie Sanders, and you may find Stephanie Kelton explaining more of the way the world really works than she has managed so far.

I have now seen the whole video, and it is even better than I had hoped for. She got a range of questions and she gave answers on topics that I had not heard her speak about before. She talked about the job guarantee verses universal basic income. She talked about the need to change the political reality from the bottom up. A whole range of good stuff.


One Million Take to Streets of Chile in the “Largest Mobilization Since the End of Dictatorship”

Democracy Now! has the discussion One Million Take to Streets of Chile in the “Largest Mobilization Since the End of Dictatorship”

Chilean President Sebastián Piñera has announced a major cabinet shuffle after more than one million people flooded the streets Friday in massive peaceful demonstrations over inequality, high cost of living and privatization. The protest drew more than 5% of Chile’s population and followed days of widespread civil unrest that sparked a violent police and military crackdown across the country. At least 18 people have been killed and hundreds more have been shot and wounded since protests erupted Oct. 19. The protests in Chile began in response to a subway fare hike and have grown into a mass uprising against the government. We speak with Professor Macarena Gómez-Barris, founder and director of the Global South Center and chairperson of Social Science and Cultural Studies at the Pratt Institute, and Alondra Carrillo Vidal, a spokesperson for Chile’s largest feminist advocacy group, Coordinadora Feminista 8M


The second part of the discussion is in the article A Fight Against Neoliberalism: Over A Million Chileans Protest Amid Violent Crackdown.

What is going on in Chile is an example of what can happen in the bottom up revolution that Bernie Sanders talks about. These changes won’t be instigated from the top down in Chile nor in the USA. However, 5% of the population can move a country. In the USA that would be more than 17 Million people. We have a long way to go from the 1 million donors that Bernie already has.