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.
MMT insights become revolutionary only when wielded by movements strong enough to break capital’s structural power.
Professor L. Randall Wray responds to this question and debunks the misunderstandings and fallacies surrounding it.
Change isn’t limited to activists; it happens when people read and show up when needed. Anyone can make a difference in their community, and that small change might be the catalyst for something bigger.
The failure of a health care “reform” fostered within the blight of the capitalist model reveals how incrementalism cannot solve the most formidable ecological and social crises of our day.
The past never truly stays where it belongs. Even when the truth is carefully scrubbed from our understanding of history, its spores disperse through time to seep into the firmament like a persistent black mold poisoning the air we breathe.
While today’s college lending system may not begin with death… in the United States, the high cost of a college education can have deadly consequences.
Yes, sending a check to people is not as “messy,” but let’s stop pretending that it’s a panacea for the fundamental problem of economic insecurity.
As this current installment of the debt ceiling franchise draws to an unsatisfactory close — let us vow to make this our last debt ceiling showdown.
