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Posts Tagged ‘climate lockdowns’

EconomicPolicyJournal.com: Prepare for the Coming “Climate Lockdowns”

Posted by M. C. on February 23, 2021

Three obstacles to overhaul must be removed, she says, “business that is shareholder-driven instead of stakeholder-driven, finance that is used in inadequate and inappropriate ways, and government that is based on outdated economic thinking and faulty assumptions.” She is really talking about fascist economics, where governments set the policies of “private” sector firms:

https://www.economicpolicyjournal.com/2021/02/prepare-for-coming-climate-lockdowns.html

AOC with Mariana Mazzucato

 Do you think it can’t get much worse than COVID-19 lockdowns?

Think again.

An establishment-connected lefty professor says that in “the near future, the world may need to resort to lockdowns again — this time to tackle a climate emergency.”

“Under a ‘climate lockdown,’ governments would limit private-vehicle use, ban consumption of red meat, and impose extreme energy-saving measures, while fossil-fuel companies would have to stop drilling,” writes Mariana Mazzucato, a professor at the Economics of Innovation and Public Value Center at University College London, in a paper titled “Avoiding a Climate Lockdown.” 

The title of her paper is very misleading. She believes climate lockdowns will be necessary unless we “overhaul our economic structures and do capitalism differently.”

Three obstacles to overhaul must be removed, she says, “business that is shareholder-driven instead of stakeholder-driven, finance that is used in inadequate and inappropriate ways, and government that is based on outdated economic thinking and faulty assumptions.” She is really talking about fascist economics, where governments set the policies of “private” sector firms:

[G]overnment assistance to business must be less about subsidies, guarantees, and bailouts, and more about building partnerships. This means attaching strict conditions to any corporate bailouts to ensure that taxpayer money is put to productive use and generates long-term public value, not short-term private profits…Because markets will not lead a green revolution on their own, government policy must steer them in that direction. This will require an entrepreneurial state that innovates, takes risks, and invests alongside the private sector.

From The New York Times:

Her message has appealed to an array of American politicians. Senator Elizabeth Warren, Democrat of Massachusetts…has incorporated Dr. Mazzucato’s thinking into several policy rollouts, including one that would use “federal R & D to create domestic jobs and sustainable investments in the future” and another that would authorize the government to receive a return on its investments in the pharmaceutical industry. Dr. Mazzucato has also consulted with Representative Alexandria Ocasio-Cortez, Democrat of New York, and her team on the ways a more active industrial policy might catalyze a Green New Deal…

Even Republicans have found something to like. In May[2019], Senator Marco Rubio of Florida credited Dr. Mazzucato’s work several times in “American Investment in the 21st Century,” his proposal to jump-start economic growth. “We need to build an economy that can see past the pressure to understand value-creation in narrow and short-run financial terms,” he wrote in the introduction, “and instead envision a future worth investing in for the long-term.”..

[A] charismatic figure in a contentious field that does not generate many stars — she was recently profiled in Wired magazine’s United Kingdom edition…Her ideas…are finding a receptive audience around the world. In the United Kingdom, Dr. Mazzucato’s work has influenced Jeremy Corbyn, leader of the Labour Party, and Theresa May, a former Prime Minister, and she has counseled the Scottish leader Nicola Sturgeon on designing and putting in place a national investment bank. She also advises government entities in Germany, South Africa and elsewhere. “In getting my hands dirty,” she said, “I learn and I bring it back to the theory…

[S]he pointed at an announcement on her laptop. She had been nominated for the first Not the Nobel Prize, a commendation intended to promote “fresh economic thinking.” “Governments have woken up to the fact the mainstream way of thinking isn’t helping them,” she said, explaining her appeal to politicians and policymakers. A few days later, she won.

The world is full of economists with very bad ideas but Mazzucato’s central planning ideas are among the worst. She is filled with ideas that would result in the harassment of individuals and independent businesses. Combine this with the following she is garnering and it makes her extremely dangerous.

Enjoy your hamburgers while you can. –RW

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“Build Back Better”: Why Are Both Biden and Boris Now Using This Phrase? | Mises Wire

Posted by M. C. on October 14, 2020

During lockdown, countless commentators waxed lyrical about how “nature was coming back to life” during our miserable house imprisonment. Now, economist Mariana Mazzucato, of University College London, is floating the idea of “climate lockdowns”—that is, forcing people to stay in their homes to limit carbon dioxide emissions. And the UN is pushing a global propaganda campaign to get a good percentage of national bailout budgets siphoned off into “green” gravy train projects with highly questionable environmental and economic returns.

https://mises.org/wire/build-back-better-why-are-both-biden-and-boris-now-using-phrase?utm_source=Mises+Institute+Subscriptions&utm_campaign=705dd97dc7-EMAIL_CAMPAIGN_9_21_2018_9_59_COPY_01&utm_medium=email&utm_term=0_8b52b2e1c0-705dd97dc7-228343965

Mark Tovey

Listen to the Audio Mises Wire version of this article.

The Trump campaign shared a video on social media this week, claiming Joe Biden had ripped off a slogan from British prime minister Boris Johnson.

“We have a great opportunity to build back and to build back better” (emphasis added), Biden said in the video, dated July 9, 2020. Then rolled a video of the British PM, using the same phrase on May 28: “We owe it to future generations to build back better.” Damning evidence—it seemed—that the Democratic nominee had, once again, copied his homework. (Biden was famously caught passing off a Robert F. Kennedy quote as his own during his ill-fated 1988 run for president.)

In fact, the story here is not one of lazy speech writing or plagiarism. The use of the phrase “build back better” by both Biden and the British PM spells something far more sinister. “Build back better” is the rallying cry of a globalist plot to exploit the coronavirus pandemic for the sake of narrow-minded, well-connected lobby groups—particularly of the “environmentalist” stripe.

Boris Johnson did not coin the phrase “build back better”. It first surfaced on April 22 in a UN press release, marking “International Mother Earth Day”—a faux holiday created by the UN in 2009.

As the world begins planning for a post-pandemic recovery, the United Nations is calling on Governments to seize the opportunity to “build back better” by creating more sustainable, resilient and inclusive societies.

“The current crisis is an unprecedented wake-up call,” said Secretary-General António Guterres in his International Mother Earth Day message. “We need to turn the recovery into a real opportunity to do things right for the future.”

But would “Brexit Boris” really swallow a globalist scheme hook, line and sinker? On October 6, the British PM unveiled a plan at the Conservative Party conference to dump £160m into powering every home with wind energy by 2030—all part of a harebrained scheme to “build back greener.”

The Conservative lawmaker Lord Matt Ridley excoriated Boris’s “build back greener” policy in a radio interview the next day: “It takes 150 tonnes of coal to build one wind turbine…if we want a zero-carbon future by 2050, the only way we’re going to get it is nuclear. Wind is messing around and rewarding rich people at the expense of poor people.”

But it is not just Boris Johnson and Joe Biden who are being played like cheap violins by the UN. All around the world, politicians are echoing the same sentiment.

The European Commission used the slogan when announcing their €750 billion stimulus fund on May 27: “Through this fund, officially titled Next Generation EU, the Commission hopes to “build back better,” through channels that contribute to a greener, more sustainable and resilient society.”

In Canada, PM Justin Trudeau signaled his allegiance to the globalist “green” lobby in August, saying: “We need to reset the approach of this government for a recovery to build back better.”

The UN have even taken the liberty of translating the slogan into Spanish (reconstruir mejor), Portuguese (reconstruir melhor), French (reconstruire en mieux), and many other tongues—so that politicians all over the world can sing from the same hymn sheet. The No Agenda podcast, hosted by Adam Curry and John C. Dvorak, is a fantastic resource for keeping track of the growing number of co-occurrences of the “build back better” meme.

Some environmentalists are twisting the covid-19 pandemic into a pretext for extreme “green” policies, of the type that would have been unthinkable less than a year ago. During lockdown, countless commentators waxed lyrical about how “nature was coming back to life” during our miserable house imprisonment. Now, economist Mariana Mazzucato, of University College London, is floating the idea of “climate lockdowns”—that is, forcing people to stay in their homes to limit carbon dioxide emissions. And the UN is pushing a global propaganda campaign to get a good percentage of national bailout budgets siphoned off into “green” gravy train projects with highly questionable environmental and economic returns.

Talk of “building back better” and “green growth” obfuscates the tradeoff between growing GDP and limiting carbon dioxide emissions. Globally, GDP is forecast to plummet a whopping 4.9 percent in 2020, according to the International Monetary Fund.

Lifting lockdowns, cutting taxes and deregulating would quickly get the world turning again. On the other hand, financing a global racket with billions of dollars of funny money—or “building back better”—will only cause us to sink deeper into this malaise. Author:

Mark ToveyMark Tovey works for a data news agency and has authored numerous reports for London-based think-tanks, including the Institute of Economic Affairs and the Taxpayers’ Alliance. His research has largely focused on health economics issues and the UK foreign aid budget. He graduated in 2016 with a degree in economics from the University of Sussex.

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