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Challenging Capitalism, Money, and Democracy
The chapter explores how capitalism and the ruling class are eroding democracy and revolution, touching on topics like universal basic services, universal basic income, and the journey from conservative ideals to left-leaning beliefs. It delves into the origins of Modern Monetary Theory (MMT) and its implications on government spending, taxes, and the role of currency issuers. The conversation also addresses the struggle to promote MMT principles in a society shaped by conflicting ideologies and the necessity of understanding history and Marxism to comprehend revolutions and societal contradictions.