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Tag: neoliberalism

Blogs / Reblog

Running a Modern Money Economy

26th December 2021

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 More
Blogs / MMT Lens

COP26: Politicians and corporations greenwash ‘business as usual’ at climate change conference

7th November 2021

You cannot simply *ask* the rich to reduce their emissions and resource use. The only reasonable approach is to tax them to the point where they are no longer rich. …

COP26: Politicians and corporations greenwash ‘business as usual’ at climate change conference Read More
Blogs / MMT Lens

Budget 2021 – Those with the least receive only crumbs

31st October 2021

You have to ask yourself: if our economic system actively destroys the biosphere *and* fails to meet most people’s basic needs, then what is actually the point? Jason Hickel – …

Budget 2021 – Those with the least receive only crumbs Read More
Blogs / MMT Lens

Another week of handbag economics

3rd October 2021

“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
Blogs / MMT Lens

A broken system – where does the buck stop?

26th September 2021

Being a planetary citizen does not need space travel. It means being conscious that we are part of the universe and of the earth. The most fundamental law is to …

A broken system – where does the buck stop? Read More
Blogs / MMT Lens

If we can find money for corporations, we can find money for the people who need it.

19th September 202119th September 2021

‘What you do makes a difference, and you have to decide what kind of difference you want to make.’ Dr Jane Goodall, Scientist & Activist   This week, Sajid Javid, …

If we can find money for corporations, we can find money for the people who need it. Read More
Blogs / MMT Lens

The National Insurance increase shows that levelling up has been consigned to the Conservative bonfire of easy promises

12th September 202112th September 2021

A country ruled by criminals needs two revolutions, one small and one big: The small revolution is to overthrow the criminal government, the big revolution is to radically undo the …

The National Insurance increase shows that levelling up has been consigned to the Conservative bonfire of easy promises Read More
Blogs / Reblog

A Chinese socialist consensus

5th September 20215th September 2021

By Carlos García Hernández (originally published in Spanish in El Común ) “(a) the monopolistic political power of the Chinese Communist Party (CCP) must not be challenged; (b) within the …

A Chinese socialist consensus Read More
Blogs / MMT Lens

Fairy tales and the vocabulary of scarcity. Protecting the wealthy and hurting the rest

29th August 2021

“Last time, most of us fell for it. This time, it is critical that we do not. Because, in reality, the crisis we just experienced was waking from a dream, …

Fairy tales and the vocabulary of scarcity. Protecting the wealthy and hurting the rest Read More
Blogs / MMT Lens

The cost of Covid-19 is no reason to put off tackling inequality and climate change

8th August 20218th August 2021

“Emperor Nero, it’s said, fiddled while Rome burned. If you don’t want our politicians to continue to follow his example while the world burns, get politically active now.” Thom Hartmann …

The cost of Covid-19 is no reason to put off tackling inequality and climate change Read More

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Front cover of "Modern Monetary Theory - Key Insights, leading thinkers
Modern Monetary Theory: Key Insights, Leading Thinkers

Hardback ISBN:

978 1 80220 808 5

Ebook ISBN:

978 1 80220 809 2

More details via the Edward Elgar website.

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Patricia @patricianpino ·
2 Dec

A short🧵 on MMT & power: First and foremost MMT is a description & does not contain a prescribed pathway for working class liberation. That was not what MMT as a theory set out to do. However, even a description has political implications & here I set out a couple. >

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Steven Hail @stevenhailaus ·
2 Dec

This nonsense is a symptom of living within an essentially barter/full employment model, and having no understanding of monetary systems and balance sheet mechanics, let alone having a view of how people think which is in defiance of reality.

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Steven Hail @stevenhailaus ·
2 Dec

Oh, my God.

You are trying my patience beyond its limit

The institutional set-up in the UK clearly involves currency issuance

Read this, in the Journal of Economic Issues - The Self-Financing State: An Institutional Analysis of... the United Kingdom:

https://www.tandfonline.com/doi/pdf/10.1080/00213624.2025.2533726

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Warren B. Mosler @wbmosler ·
1 Dec

@WolfgangWa1642 @pontus_rendahl I 'invented'/developed what's popularized as MMT.
I'd never read Keynes (or any of the others). It all came from my capital markets experience.
Still does.
Keynes never recognized the source of the price level, or had the understanding that tax liabilities cause unemployment.

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Steven Hail @stevenhailaus ·
1 Dec

Incidentally, something similar happened a couple of years later, when I was preparing people for the Chartered Institute of Bankers qualifying exams. A banker said 'great course, but you know it doesn't work like that, don't you?'. Again, I later learned he (and MMT) was right.

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