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Dig: Monetary Politics w/ Tim Barker

Jacobin Radio

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Is There an Argument for a Left-Wing Anti-Inflation Strategy?

Sally Kohn: Is there an argument for progressive fiscal policy focusing on funding universal basic services rather than putting money in people's pockets to spend in whatever sector of the capitalist marketplace they choose? She says health care is a huge part of not just the price index, but actually this service part of the price index that we've been talking about were prices have been increasing. Kohn: Notably defense spending never seems to be on the chopping block and it was defense spending after all during the Vietnam War that did so much to drive inflation in the 1960s and 70s.

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