The Daily Shaarli

All links of one day in a single page.

August 21, 2020

A Marxist theory of inflation | Michael Roberts Blog
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Marx opposed both these mainstream theories. The quantity theory of money was opposed by Marx for two reasons: 1) money is endogenous, created by banks etc, not by state fiat; 2) overall, money represents value in commodity production and is not independent of it.

UN-supported Libya government and rival authority call ceasefire | World news | The Guardian
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"Development raises hopes of political solution as both sides call for end to oil blockade ... Libya was plunged into chaos when a Nato-backed uprising in 2011 toppled the longtime dictator Muammar Gaddafi, who was later killed. The country has since split between rival east- and west-based administrations, each backed by armed groups and foreign governments."

Palestinians stage surprise 'thank you' event for Banksy in Bethlehem | Global development | The Guardian
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"Artists in Gaza carved the words “Thank you Banksy” in sand on a stretch of beach to coordinate with the exhibition. Four of Banksy’s artworks are in Gaza."

Covid: UK's R value may be above 1 for first time on record | World news | The Guardian
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"National figure is 0.9–1.1, with London, the north-west and south-west potentially above 1 ... When the figure is above 1, an outbreak can grow exponentially."

Track, Trace and the Myth of Private Sector Efficiency
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For years, right-wingers have argued that healthcare privatisation is the path to greater efficiency. But the track and trace scandal shows what it really means – huge payouts for dysfunctional services.

Vacationing Israeli Teen Says She Was Gang-Raped, Shocking the Nation - The New York Times
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Always a byproduct of a culture based on colonialism and conquer.