Acid Horizon cover image

Do Communists Understand Money? Marxism and the Economics of Value w/ Colin Drumm and Acid Horizon

Acid Horizon

00:00

The Development of the Modern State Constitution

The dollar system was really born out of the American Civil War. Money poses a threat to constitutional order, and it also depends upon the maintenance of constitutional order. The idea that debt owed to you by a sovereign would be risk free is actually extremely counterintuitive. So this is central to not only MMT, but to what's to modern financial portfolio theory.

Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner
Get the app