Capitalist Pipedreams for 2021: IMF and Financial Capitalist Follies
Capitalist News Interpreted /
02 Jan 2021
/

How to tell the truth to investors without scaring them off! That’s one problem for capitalist forecasters. However, a much bigger problem is that these forecasters cannot face how their own system actually works. To some extent the projections of the IMF do include the need for higher wages and investment in infrastructure. However, these concerns are secondary and there is no explanation of how states will suddenly enact these policies they have resisted for decades. Lastly, there is no serious criticism about how the production of money out of thin air is a long-term problem.
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