In the end, it is not the rage of our critics that we have to concern ourselves with. It is the silence of our friends that allow this anti-intellectualism to destroy people who have fought round the clock to bring these truths to life.
We live in a market society with little chance we shall ever live in anything else and, as such, whatever we hope to accomplish will have to be accomplished within the framework of market society norms.
The US-economist Warren Mosler belongs to the protagonists of the Modern Monetary Theory (MMT). What MMT means? In the following exclusive interview he gives an answer to this as well as to the Fed’s quantative easing, how money comes actually into existence, and the crisis of the euro.
With clean energy tech evolving rapidly, the strangling grip of the fossil fuel industry on our economy never more obvious, and the ominous shadow of climate change bearing down on humanity, the time is prime for radical change.