A short link highlights Matt Yglesias’s claim that centre‑left parties don’t believe they can plausibly argue for raising taxes to fund public goods. If mainstream left parties withdraw from defending fiscal capacity, it could normalize tax avoidance rhetoric and shrink the range of feasible public investment.
— If true, this shift would change the politics of public goods, compress fiscal policy options, and reshape debates around welfare, infrastructure, and crisis response.
Tyler Cowen
2026.04.09
100% relevant
The article quotes Matt Yglesias (via Cowen) saying centre‑left parties no longer make the case for the state raising taxes and spending on public goods.
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