Its perhaps a bit of a shell game to respond to someone pointing out that the picture in "with wages constantly rising to provide consumer buying power to prevent production overcapacity" is physically infeasible by pointing to what is a need to increase the share of renewables in production.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

Liu sees the monolithic corporate State as part of the solution, rather than as a twin of the monolithic Corporates operating for shareholder profit, and both suffering from the curse of managerialism

But then he's not unique in seeing the State in that light.

"Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky