Dalet
The story behind Fiat Socialism By Carlos García Hernández “It’s not three, it’s four” – I remember distinctly when I had that thought. Intuition hit me. I was writing A …
Dalet Read MoreTag: fiat currency
A practical exercise for the reconstruction of the Left
By Carlos García Hernández Originally published in Spanish on 1/7/23. Definition of a State: a territory with fixed borders under a central authority with the capacity to …
A practical exercise for the reconstruction of the Left Read MoreCurrency, coercion and campuses
by Alan Hutchison · Published on his Matches in the dark website on 27th September 2018 · Updated 20th November 2020 I use this as supporting notes for a very …
Currency, coercion and campuses Read MoreJohnson resigns, but the toxic market-driven ideology will remain, whoever his successor
“Have we fallen into a mesmerized state that makes us accept as inevitable that which is inferior or detrimental, as though having lost the will or the vision to demand …
Johnson resigns, but the toxic market-driven ideology will remain, whoever his successor Read MoreThe Government, like the Pied Piper, marches the nation back to Dickensian Britain
“Please spread the word. We need to end the ‘state is like household’ analogy. The main constraint on govt. spending is the productive capacity and resources in the economy and …
The Government, like the Pied Piper, marches the nation back to Dickensian Britain Read MoreAn Accounting Model of the UK Exchequer (the paper, and author interviews)
This post documents a 2020 paper (updated in 2021) called An Accounting Model of the UK Exchequer, and my seven-part series of interviews with all three co-authors: Richard Tye, …
An Accounting Model of the UK Exchequer (the paper, and author interviews) Read MoreHow the Government’s Super-Platinum Credit Card Works
By Neil Wilson. Reblogged from Wilson’s New Wayland website Modern Monetary Theory explains that monetarily sovereign governments (like the US, UK, and Japan) can issue money without first raising …
How the Government’s Super-Platinum Credit Card Works Read MoreRunning a Modern Money Economy
Neil Wilson explains how the economy can work for the benefit of the people; how it can be the servant of society rather than its master. Originally published on Neil’s …
Running a Modern Money Economy Read MoreBaseline Communism
By Carlos García Hernández (Originally published in Spanish in El Común) Is fiat socialism a communist proposal? This question was presented to me on 26th September in the form of …
Baseline Communism Read MoreAnother week of handbag economics
“The objective should be to organize the economy around human needs and well-being. If toward this end we decommodify key goods and services, or legislate longer product lifespans, use-value will …
Another week of handbag economics Read More