A (belated) Look at Finding the Money
The documentary is a good first step, like a union organizer’s introductory pamphlet. But it’s only telling half the story.
Steven D. Grumbine
Inflation as a Weapon of Class Power: A Modern Monetary and Marxist-Leninist Perspective
Inflation is not some natural economic phenomenon, nor is it merely the result of too much money chasing too few goods. That’s the myth popularized by Milton Friedman and his monetarist acolytes.
Modern Monetary Theory Without Class Struggle is Just Accounting
MMT insights become revolutionary only when wielded by movements strong enough to break capital’s structural power.
Taxes Don’t Fund Federal Spending
Our federal government doesn’t need revenue. So why the chatter about how will the government get money to fund its operations?
The Illusion of Upward Mobility
There is no real entrée into the world of the elite, but you won’t know it until you arrive, exhausted, at the locked door, chased by all the angry working people who think you’ve found the key.
Where to Start Learning About MMT
Have you recently discovered MMT or Modern Monetary Theory and want to learn more but aren’t sure where to start? Well, start at the beginning, of course!
Back to [MMT] Basics
From the definition of a dollar as a unit of measure all the way to what The Fed is and how public policy can be informed – Grumbine runs the gamut on MMT basics.
A Hyperinflation Hyperventilator Cannot Be Reasoned With
Quite frankly… you are not worth the effort. Come back to me when you are ready to talk in good faith.
Neoliberalism at Work through the Universal Basic Income
This simplistic, incorrect, and devastatingly neoliberal plan of instituting a Universal Basic Income will be the final blow against the public purpose and General Welfare Clause as well as an effective coup for the rightwing to establish cash payment as opposed to the services millions desperately need.
The Bernie Factor in Modern Monetary Theory
Neoliberalism is a rogue military state and it became the orthodoxy through violence. Austerity-induced death. The antidote is MMT.
