On Modern Monetary Theory. Doug Henwood joins us to discuss whether MMT offers a fiscal alternative for Left governments. What is monetary sovereignty and do all states have it? What are MMT's prospects for states as different as the USA, Nigeria or Brazil? Is it a suspect economic remedy, too much of a quick fix? Are MMT proponents guilty of avoiding political confrontation?
Readings
Modern Monetary Theory Isn’t Helping, Doug Henwood, Jacobin
MMT Is Already Helping, Pavlina R. Tcherneva, Jacobin
Modern Money Theory 101: A Reply to Critics (pdf), Éric Tymoigne and L. Randall Wray
Modern Money Theory (MMT) vs. Structural Keynesianism, Thomas Palley
What Is Modern Monetary Theory and Why Is It So Important to the Green New Deal?, Jacob Weindling, Paste Magazine
We can't print our own money. So please help us out: PATREON.COM/BUNGACAST
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/334/ Cancellation is Cancelled ft. Norman Finkelstein
Excerpt: /333/ Aufhebonus Bonus (April 2023)
UNLOCKED: /306/ AI Capitalism: Inhuman Power
/331/ The Zone (pt. 1) ft. Quinn Slobodian
Excerpt: /330/ Reading Club: Freedom (2)
/329/ Justice Warriors ft. Matt Bors & Ben Clarkson
Excerpt: /328/ The New Scramble for Africa
/327/ Capitalism on Edge ft. Albena Azmanova
UNLOCKED! /319/ The Dead Left (II) ft. Steve Hall & Simon Winlow
Excerpt: /326/ What Did Capitalism Do Next?
Excerpt: /325/ Reading Club: Freedom (1)
/324/ Reifying Race ft. Kenan Malik
Excerpt: /323/ Tasty Frictionless Convenience
/321/ Covid Dissensus ft. Toby Green & Thomas Fazi
Excerpt: /320/ Aufhebonus Bonus (Feb 2023)
/318/ The Dead Left ft. Steve Hall & Simon Winlow
/316/ From Emergency to Emergency: 2022 Review, ft. Ashley Frawley
/314/ Shallow & Wrongheaded Filmic Squabbles ft. Maren Thom & Alex Dale
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