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Modern Monetary Theory (MMT) (Read 133710 times)
thegreatdivide
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Re: Modern Monetary Theory (MMT)
Reply #1320 - Today at 1:12pm
 
Perhaps exaggerated, but

(Daily Mail)

COP30 climate talks descend into chaos as fire rips through sending crowds running for their lives
...

The significant reporting is this: 

A few hours before the fire, UN Secretary-General António Guterres urged countries to compromise and 'show willingness and flexibility to deliver results,' even if they fall short of the strongest measures some nations want.

'We are down to the wire and the world is watching Belem,' Guterres said, asking negotiators to engage in good faith in the last two scheduled days of talks.

'Communities on the front lines are watching, too - counting flooded homes, failed harvests, lost livelihoods - and asking, "how much more must we suffer?"' Guterres said. 'They've heard enough excuses and demand results.'

On contentious issues involving more detailed plans to phase out fossil fuels and financial aid to poorer countries, Guterres said he was 'perfectly convinced' that compromise was possible.


.....

My comment: perhaps more hope than realism - the current dominant Neoclassical orthodoxy deludes governments to think they must save 'taxpayer money'....
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