Jim Patterson 🇨🇦 on Nostr: I guess my quibble is really his use of money when he's really talking about ...

I guess my quibble is really his use of money when he's really talking about financialization, this #Neoliberal idea that instead of the government doing stuff, they should just throw money at the financial sector and let them do everything.
Their priority, of course, is always making more money. It doesn't "trickle down".
To fix the "resource allocation" problem, the tool is money. The problem as I see it is how the government spends that money (and yes, how it creates it in fiscally sovereign economies like ours). The government can't just redirect resources like in feudal times.