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
/312/ Consolation-Prize Marxism & the Bunga-Bunga State ft. Dylan Riley
Excerpt: /311/ Reading Club: The Precariat
Excerpt: /310/ Do You Want to De-Grow?
/309/ Sack of Potatoes ft. Anton Jäger
Excerpt: /308/ A Balance-Sheet of the Left
Excerpt: /307/ Aufhebonus Bonus (Dec 2022)
Excerpt: /306/ Reading Club: AI Capitalism
/305/ Techno-Feudal Unreason
/303/ The Failure of the French Forever War ft. Yvan Guichaoua
OK BUNGER! The Problem of Generations (FULL)
Excerpt: /302/ Aufhebonus Bonus (Nov 2022)
Excerpt: /301/ Reading Club: Neo-Feudalism
/300/ Bunga at the End of the World
/299/ Micropower & Transcendence in Brazil (Bungazão 2022) ft. Miguel Lago
/298/ Working For Freedom ft. Alex Gourevitch
/297/ Bungazão 2022 (Clean & Godly) ft. Benjamin Fogel
Excerpt: /296/ Last-Gasp Neoliberalism (Trussonomics)
Excerpt: /295/ Aufhebonus Bonus: October
Excerpt: /294/ Reading Club: Conspiracy Theory
Excerpt: /293/ Goodbye 20th Century (RIP Gorby)
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