Modern Monetary Theory - Health and Wellbeing

Right to Healthcare

M4A is more than just a healthcare policy. It also provides real freedom to choose care providers, eliminates dependence on employers to provide coverage and more. Check out our collection of resources.

Video / Audio

Check out this collection of videos and podcast episodes focused on the Health & Well-Being of all of us.

Universal Healthcare Probably Requires LOWER Taxes, Not Higher

Warren Mosler, one of the fathers of Modern Monetary Theory (MMT) on with Steve Grumbine over at Real Progressives, discussing the tax implications of a universal healthcare policy. Such a policy, along the lines of “Medicare-For-All,” shifts health insurance spending from the private sector to the government. The interesting implication of this though, is that a lot of duplication of services will be eliminated. Credit: Deficit Owls

The Rogue Scholar: State by State Medicare for All Ain't It

Activist and MMT evangelist, Geoffrey Ginter joins Steve to discuss why the State by State approach is the wrong way forward.

Macro n Cheese Podcast Ep. 60 – COVID-19 with Fadhel Kaboub

When asked to talk about public health needs during the current coronavirus pandemic, Fadhel Kaboub immediately brings up climate change and expands the concept of public health to a degree that some will find surprising. After giving it a moment’s thought you can’t help but agree.

Written Materials

Check out these related articles from our local community and beyond.

Academic Publications

A collection of peer-reviewed white papers and working papers from our friends in the MMT academic community.

The Monsters Within: Capital, Cancer, and Crisis

This paper critiques Marx’s use of the vampire as a metaphor for capital, by suggesting that cancer offers political economists a more appropriate lexicon to describe capitalism’s exploitative and destructive nature. This argument, however, is not limited to a metaphorical narrative. While cancer, similar to dead labor, drains the vitality of living labor, it is also a real disease that is investigated using innovative science to find a cure and treatments designed to improve the quality of life of cancer patients. One of the most promising advances in cancer research comes from the ability to compare the healthy human genome to those undergoing the mutations that produce cancer cells. Genetics’ mapping of cancer’s pathologies is critical to understanding why, how and what treatments are effective. Using the Cancer Atlas as a model, this paper outlines how political economy can apply the imaging technology of geographic information systems to identify patterns in the spread of capitalism’s social and environmental mutations. In addition, these tools also afford an opportunity to investigate the health benefits of institutions and organizations animated by mutual aid and cooperation, rather than rational optimization and efficient production. From this comparative examination, illustrated by maps and described by oncology’s vocabulary, a wider discussion of production, value, and social change becomes more accessible to all those who desire a healthy society with sustainable prosperity available to all.

H.R.4141 – Humane Correctional Health Care Act

Several jurisdictions have been caught releasing sick inmates to avoid liability for their medical bills, while the first person to die in federal prison from COVID-19 was about halfway through a 30-year sentence for a non-violent cannabis charge. This bill would amend title XIX of the Social Security Act so that persons jailed by states were eligible for Medicaid. Relieving states of these costs will help to ensure that people caught up in a criminal justice system with the largest outright and per capita incarcerated population in the world, receive at least minimal medical care during their internment.

H.R.6774 – Medically Tailored Home-Delivered Meals Demonstration Pilot Act of 2020

This bill sought to direct the Secretary of Health and Human Services to select a minimum of 20 hospitals in at least 10 states for a pilot program in which nutritionally personalized meals would be delivered to qualifying individuals with diet-related diseases. Hospitals would be required to submit reports on the efficacy of the program, which is aiming to reduce healthcare costs and improve quality-of-life through the power of preventative medicine. The ancient Greek physician Hippocrates reportedly claimed, almost 2500 years ago, “all disease begins in the gut.”

Policy Resources

Links to progressive bills and proposals currently making their way through the United States Congress

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