Is MMT Real? #9: Doug Henwood
RABBITHOLE
00:00
Criticism of Modern Monetary Theory and Advocacy for Socialist Ideals
The guest speaker critiques Modern Monetary Theory (MMT) and argues that it distracts from the pursuit of socialist ideals, such as expropriating the ruling class and democratizing the economy. They believe MMT neglects distributional issues and does not contribute to the goal of organizing the economy democratically.
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