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Tag: Privatisation

Blogs / MMT Lens

Economic delusions cannot save us from the climate crisis and societal decay

6th August 20236th August 2023

“Never forget that the economy is a wholly owned subsidiary of nature”. Global Boiling – Kate Mackenzie and Tim Sahay Many of us have grown up with the story of …

Economic delusions cannot save us from the climate crisis and societal decay Read More
Blogs / MMT Lens

Keynes’ wisdom still stands; “Anything we can actually do we can afford.”

13th April 202313th April 2023

Knowing can be a curse on a person’s life. I’d traded in a pack of lies for a pack of truth, and I didn’t know which one was heavier. Which …

Keynes’ wisdom still stands; “Anything we can actually do we can afford.” Read More
Blogs / MMT Lens

Collapsing services and neglected people in a disintegrating society that could be thriving

5th March 20236th March 2023

“When people live in a fair, caring society, where everyone has equal access to social goods, they don’t have to spend their time worrying about how to cover their basic …

Collapsing services and neglected people in a disintegrating society that could be thriving Read More
Blogs / MMT Lens

It is not the NHS that is failing us, it is the government

8th January 2023

[The] method to the madness is the fact that we do need austerity to enforce a certain organisation of society which is a classist organisation based on wage labor and …

It is not the NHS that is failing us, it is the government Read More
Blogs / MMT Lens

At the crossroads of change, leaders cling remorselessly to the catastrophe of the status quo.

11th September 202225th September 2022

“MMT is fully consistent with the notion that those who opposed government (deficit) spending for public purpose, might gladly embrace such spending if only directed towards subsidizing and ‘derisking’ the …

At the crossroads of change, leaders cling remorselessly to the catastrophe of the status quo. Read More
Blogs / MMT Lens

Cabinet brainstorms quick fixes for the cost-of-living crisis to avoid the real solution

30th April 20222nd May 2022

“When people live in a fair, caring society, where everyone has equal access to social goods, they don’t have to spend their time worrying about how to cover their basic …

Cabinet brainstorms quick fixes for the cost-of-living crisis to avoid the real solution 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 / MMT Lens

Concentrate on real resources to solve real problems, instead of the financial cost.

22nd August 2021

“When people live in a fair, caring society, where everyone has equal access to social goods, they don’t have to spend their time worrying about how to cover their basic …

Concentrate on real resources to solve real problems, instead of the financial cost. 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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