
#31(a) Chris Williamson and Bill Mitchell: MMT And The Labour Party
The MMT Podcast with Patricia Pino & Christian Reilly
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Exploring Modern Monetary Theory in Labour Politics
This chapter discusses Modern Monetary Theory (MMT) and its implications for the Labour Party, particularly examining John McDonnell's understanding of the concept. It addresses the challenges of public perception and media resistance, while also highlighting the need for effective messaging strategies around fiscal policy and public investment. The participants critique common misconceptions regarding government spending, emphasizing the role of taxes and innovative approaches to economic investment in a global landscape.
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