Challenging Neoliberalism with Modern Monetary Theory

The chapter delves into Modern Monetary Theory (MMT) as an accounting framework for government spending, challenging traditional economic beliefs. It highlights how MMT offers humanitarian solutions to global issues by emphasizing monetary sovereignty and the role of government in creating currency. The discussion critiques mainstream economics, comparing it to a wealth-justifying 'priesthood' and advocates for reframing economic concepts to address societal problems effectively.