Osborne on “Revolutionary Marxist” Paul Mason

“The fact that the Labour Party is now getting its advice from Yanis Varoufakis and the revolutionary Marxist broadcaster Paul Mason does not suggest to me that they’ve got an answer to economic security. Presumably they chose those two because Chairman Mao was dead and Mickey Mouse was busy.”

Too easy.

Labour Sign Up Varoufakis and Paul Mason

On Saturday Channel 4 News economics editor Paul Mason, Guido’s favourite self-confessed Marxist, announced he is quitting and going freelance. He says he wants to be free from the shackles of broadcast impartiality regulations:

“everybody who knows me also knows the price you pay in terms of having to button your lip. Fifteen years is enough”

At last we’ll find out what he really thinks!

No sooner had he announced his departure when this press release popped up in Guido’s inbox:

EMBARGOED NEWS FROM LABOUR: Paul Mason joins John McDonnell’s ‘New Economics’ series

He’s joining his old mate Yanis Varoufakis (who is now advising Labour) on the Shadow Chancellor’s class consciousness lecture circuit, of course. Mason says he’ll work with any party who wants him:

“I am delighted to take part in the economic debate Labour – and indeed all political parties – need to have, in the face of the failure of free market economics.”

A Greek comedy…

About This Post-Capitalism Thing?

post-capitalism

One thing is troubling Guido about the otherwise enjoyable PostCapitalism: A Guide to Our Future by Paul Mason. If, as he argues, goods and services no longer respond to the dictates of neo-liberalism as parallel currencies and time banks, cooperatives and self-managed online spaces flourish with vast numbers of people changing their behaviour, discovering new forms of ownership, lending and doing business that are distinct from, and contrary to, the current system of state-backed corporate capitalism, why is he selling the book on Amazon?

Why didn’t he upload the text to a self-managed online space? Not very “post-capitalist” is it?

Paul Mason confesses to John Rentoul…

Paul Mason confesses to John Rentoul…

“I am quite happy to call myself a Marxist at the level of method, because historical materialism as a method is a great tool for understanding history.”

Paul Mason: Angela Merkel, Your Boys Took One Helluva Beating

Channel 4 News Economics Editor: Capitalism “Past Its Best”

Ah, Paul Mason. Channel 4’s resident communist hero-worshipper has taken some time out of spinning for Syriza to write this gem for the New Statesman‘s ironically titled “saying the unsayable” series:

“It’s becoming just about sayable, though to howls of pain, that neoliberal economics is nonsense. And that the neoliberal model is broken. What’s hard for the economics profession to accept is what this means: that capitalism itself could be past its best. The traditional escape mechanism – adaptation through high-value job creation and the creation of new technologies – becomes hard to maintain once information technology pervades everything, tanking production costs. So we are stuck: we fear automating en masse because we can’t imagine what jobs people will do who are displaced. This is the clearest sign that we might be living through a 500-year turning point, not just a 50-year one, with the exhaustion of a model and a financial crash.”

How exactly has the “neoliberal model” – or capitalism, as more rational people call it – fared in the last 40 years? Well it has delivered an 80% decline in world poverty for starters:

Does that really look like a “broken” model?

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