The question “how do you pay for this?” it is legitimate, but there will be greater concerns and many States will simply respond in a tautological way: paying themselves. Because, really, you can pay; the real problem is that the price will be high. The supporters of the mobile phone number list Modern Monetary Theory ( mmt , for its acronym in English), which suggests that the States that own their own currency should not impose budget restrictions or worry about spending more than they earn through taxes (since they are mainly financed by through the issuance of debt), they see mobile phone number list today how the States follow their recommendations.
But, again, we are in times of war. A great state is not always a mobile phone number list good state This new active role of the State, which is unapologetically deploying all its coercive power, has excited the left, which suddenly anticipates a new "spirit of 45" as in the post world war, with a renewed awareness of the role of the State in the economy. It is a slightly naive vision. It falls into the common mistake of defining social democracy exclusively as a large state and high public mobile phone number list spending. John M. Keynes biographer Robert Skidelsky recently criticized this view: "Many new converts simply associate Keynes with budget deficits when, in fact, Keynesian arithmetic can also imply surpluses."6.
The association between social democracy and the large state is mobile phone number list more or less understandable after decades of deregulatory and privatizing neoliberalism, but it is a very narrow vision. It naively assumes that a large state is necessarily a virtuous state, made up of enlightened and well-intentioned technocrats, ignoring the enormous capacity of a state to intervene in the economy to make it worse. A large state is not always an efficient or supportive state.