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
Excerpt: /245/ Reading Club: Emergency Politics II - Agamben
/244/ Bunga NYC: Live Debate ft. Adam Tooze
/236/ Green Nazi Paedos ft. Lily Lynch (UNLOCKED)
/242/ Bureaucracy Rules OK ft. Michael Lind
Excerpt: /241/ Three Articles: Peace & Social War in North America
/240/ Populist Interventions: Örebro Party ft. Malcolm Kyeyune
/239/ Against Justice ft. Ross Wolfe
/238/ Reading Club: Emergency Politics I (Extended Excerpt)
Excerpt: /237/ Three Articles: Italy, Ukraine, Matrix
Excerpt: /236/ Green Nazi Paedos ft. Lily Lynch
/235/ Political Ritalin ft. Anton Jäger
Grand Reset
Excerpt: /234/ Three Articles: Restoration?
Excerpt: /233/ Aufhebonus Bonus
Excerpt: /232/ Reading Club: Cold, Hard / Warm, Soft
/231/ New Class Analysis ft. Catherine Liu
Excerpt: /230/ Repetition Compulsion ft. Doug Lain, pt. 2
/229/ Repetition Compulsion ft. Doug Lain, pt. 1
/228/ Three Articles: Popular Backlash in Chile, India, Europe
Excerpt: /227/ Reading Club: All That Is Solid
Create your
podcast in
minutes
It is Free