The MMT Podcast with Patricia Pino & Christian Reilly cover image

#130 Andrés Bernal: Inflation & What Orthodox Economists Misunderstand About Money

The MMT Podcast with Patricia Pino & Christian Reilly

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Neoliberal Thought

Neo-liberals see markets as natural, but not always forming naturally. As their thinking evolves into the seventies and eighties and beyond, they really see that the hierarchy and inequality that forms in society is good. It reflects that competition that is giving authority and more power to market forces. So this is all to say that when the rubber hits the road, the neo liberal support the state even through military violence.

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