"Austerity has scarred the UK for the last 14 years. If it wants to finally break free, then it’s time for a radical new approach. And that starts with rethinking how government finances work"

Excellent in the New Statesman re Green Party leader, Zack Polanski's use of Modern Monetary Theory (MMT) in a recent interview.

#MMT #Economics #GreenParty #UKPolitics

https://www.newstatesman.com/politics/greens/2025/12/the-case-for-zack-polanskis-economic-plan

Paywall free link here:

https://archive.is/ozcB8

"Austerity has scarred the UK for the last 14 years. If it wants to finally break free, then it’s time for a radical new approach. And that starts with rethinking how government finances work"

Excellent in the New Statesman re Green Party leader, Zack Polanski's use of Modern Monetary Theory (MMT) in a recent interview.

#MMT #Economics #GreenParty #UKPolitics

https://www.newstatesman.com/politics/greens/2025/12/the-case-for-zack-polanskis-economic-plan

Paywall free link here:

https://archive.is/ozcB8

If you understand Modern Monetary Theory (MMT), please let me know if you are also desperate to understand why MMT proponents seem unconcerned that there is effectively only one sovereign state and only one state whose status as global-reserve-currency-issuer is (de jure!) higher than that of any other.

#economics #MMT #MonetaryPolicy #InternationalLaw #geopolitics

@pezmico They're gormless dipshits who can't get their heads around #MMT. Until they do, we are doomed to continue slow-walking into feudalism 2.0 with some flavour of regressive nazis in charge.

All centrists are good for is delaying the onset. They won't fix anything structural and they consider it sufficient to put a kinder, gentler face on neoliberal destruction of the commons.

@heidilifeldman
This would have NO effect on anything. The government of the US does not rely on tax income to fund its operations, it ORIGINATES currency ("prints"). As long as that money was in escrow it would have the exact same effect on the economy as tax payments (that is, it would prevent inflation). Ideas like this only work in a world where the federal govt doesn't originate currency. #MMT describes what happens when it does.

https://realprogressives.org/mnc-podcast-ep/episode-347-libertarianism-vs-reality-with-brett-scott

#Politics #Democrats #Republicans #Liberals #Conservatives #Vote #Election #DemocraticParty #RepublicanParty #DonaldTrump #Trump #JDVance #Vance #JoeBiden #Biden #KamalaHarris #TimWalz #Democracy #US #USA #ElonMusk #Musk #Fascism #Fascist #BernieSanders #AOC #FraudSquad #Progressive #MMT #ModernMonetaryTheory

https://realprogressives.org/mnc-podcast-ep/episode-347-libertarianism-vs-reality-with-brett-scott

#Politics #Democrats #Republicans #Liberals #Conservatives #Vote #Election #DemocraticParty #RepublicanParty #DonaldTrump #Trump #JDVance #Vance #JoeBiden #Biden #KamalaHarris #TimWalz #Democracy #US #USA #ElonMusk #Musk #Fascism #Fascist #BernieSanders #AOC #FraudSquad #Progressive #MMT #ModernMonetaryTheory

Understanding the fantasies that make up #libertarian understanding of #money is key to understanding their cosplay worldview of the singular, atomized man.

https://realprogressives.org/mnc-podcast-ep/episode-347-libertarianism-vs-reality-with-brett-scott/

#Politics #Democrats #Republicans #Liberals #Conservatives #Vote #Election #DemocraticParty #RepublicanParty #DonaldTrump #Trump #JDVance #Vance #JoeBiden #Biden #KamalaHarris #TimWalz #Democracy #US #USA #ElonMusk #Musk #Fascism #Fascist #BernieSanders #AOC #FraudSquad #Progressive #MMT #ModernMonetaryTheory

16 min

I would ask MMT advocates to listen through the first five minutes before hitting the keyboard or clicking away, because the point you met, he is making a very valid.

I think the correct slogan here should be:
“It is the wealth inequality stupid.”

The chief economic problem is the distribution of decision-making power.

https://youtu.be/-k6czLUdJPI

#MMT #economics