#31(a) Chris Williamson and Bill Mitchell: MMT And The Labour Party

Bill Mitchell, a leading figure in Modern Monetary Theory and director of CofFEE, teams up with Chris Williamson, a former Labour MP known for his advocacy of socialist policies. They discuss the transformative potential of MMT for the Labour Party, arguing for a rethinking of public spending to support healthcare, education, and climate action. They critique corporate welfare's impact on growth, advocate for grassroots activism, and emphasize the need for innovative fiscal strategies to address economic disparities. Historical lessons provide a backdrop for their vision of more equitable economic governance.