1Dime Radio

Get access to The Backroom Exclusive episodes on Patreon: ⁠⁠⁠https://www.patreon.com/OneDime.⁠In this episode of 1Dime Radio, I am joined by Professor L. Randal Wray, a heterodox economist and a Pioneer of Modern Monetary Theory. In this episode, we demystify the history of money, what money is, and how modern money works in the economy today (how it is created and how the mechanics of government spending work, and the REAL function of Taxes. Most importantly, we discuss why MMT economists tend to prefer the "L. Randall Wray" over a Universal Basic Income (UBI). In The Backroom, Randy and I discuss tariffs, degrowth, reindustrialization, and get into the "tough questions" when it comes to the transition to a socialist society.  Become a Patron at ⁠Patreon.com/OneDime⁠ if you haven’t already!Timestamps: 00:00 Trump Tariffs (The Backroom Preview)02:47 Discovering Modern Monetary Theory (MMT)07:14 The Basics of MMT Explained 14:26 Central vs Private Banks17:44 Historical Context of Money and Banking30:03 The Evolution of Money and Markets44:49 Gold, Cryptocurrency vs Fiat Money01:01:17 The History of Central Banking01:14:22 Inflation, the 1970s Stagflation, and the rise of Neoliberalism01:39:33 The Job Guarantee vs. Universal Basic Income02:01:55 Transition to The Backroom segmentCheck out L.Randal Wray's "MMT for beginners" book: https://www.amazon.ca/Money-Beginners-Illustrated-Randall-Wray-ebook/dp/B0BXQS7SS6?ref_=ast_author_mpbFollow me on X: https://x.com/1DimeOfficial: Follow me on Instagram: ⁠instagram.com/1dimeman⁠Check out my main channel videos on MMT: https://youtube.com/playlist?list=PLyytc2-LIrN7kIRyPXghWjeb4MV_DDqBK&si=JyWw9QWw5TK_3LVOOutro Music by Karl CaseyGive 1Dime Radio a 5-star Rating if you enjoy the show!

In this discussion, Michael Downs, a working-class autodidact philosopher and author of "Capital VS Timenergy," dives deep into the provocative ideas of Nick Land and Curtis Yarvin. He unpacks right-wing accelerationism and examines the concept of 'timeenergy' as a potential foundation for socialism. The conversation also touches on automation's impact on labor, contrasting capitalist ideals with the push for meaningful work, while engaging in a thought-provoking critique of contemporary philosophical landscapes, including the dynamics of ideology and reality.

In this discussion with Benjamin Studebaker, a political theorist and PhD from Cambridge, listeners dive into the potential end of neoliberalism amid rising nationalism. Studebaker explores the transformation of neoliberal ideas post-2008 and critiques their relevance today. He reveals how liberal thinkers are pivoting towards neo-Keynesianism, and discusses U.S.-China relations, tariffs, and the implications for global trade. The conversation also touches on innovative educational alternatives like 'monasteries' and the controversial notion of 'vulture socialism'.

Get access to The Backroom Exclusive episode on Patreon: ⁠⁠⁠https://www.patreon.com/OneDime.⁠In this episode of 1Dime Radio, I am joined by economist Steve Keen to discuss the many myths of “Basic Economics” (Neo-Classical Economics), the end of Neoliberalism, the Trade Wars, Trump Tariffs, Marxism, and MMT (Modern Monetary Theory. In The Backroom on Patreon, Steve Keen talks about what Karl Marx got wrong, and what he got right, as well as his predictions for human civilization. Become a Patron at Patreon.com/OneDime if you haven’t already!Timestamps: 00:00 The Backroom Preview02:27 Steve Keen on Neoclassical ECONomics11:28 Why Economists Didn’t Predict The 2008 Crash15:22 Modern Monetary Theory Proven Through Mathematical Models42:27 Trump Tariffs and The End of Globalization50:20 Reindustrialization, AI, and Automation01:05:20 The Left-Wing Origins of Neoliberalism 01:13:14 Why Social Democracy Failed01:24:41 What Marx got Wrong (and what he got Right)Check out Steve Keen’s YouTube Channel: ​⁠​⁠​⁠​⁠ @ProfSteveKeen  Follow me on X: https://x.com/1DimeOfficialFollow me on Instagram: ⁠instagram.com/1dimeman⁠Check out my main channel videos: https://www.youtube.com/@1Dimee1Dime MMT Content: https://youtube.com/playlist?list=PLyytc2-LIrN7kIRyPXghWjeb4MV_DDqBK&si=s7aBz5IfLSYEK6X3Outro Music by Karl CaseyLeave a like and a comment if you enjoy the show!

In this episode of 1Dime Radio, I am joined by JT Chapman, the man behind Second Thought, the largest socialist YouTube channel at the moment, and The Deprogram Podcast. JT and I discuss the experiences and challenges in producing independent media, the importance of optics, and what Socialism in America could look like. In The Backroom on Patreon, JT debates Marxism-Leninism and talks about the online-left ecosystem. Become a Patron and get access to The Backroom Exclusive episodes on Patreon if you haven’t already!: ⁠⁠⁠https://www.patreon.com/OneDime.⁠Timestamps: 00:00 The Nebula Controversy: JT’s Stand on Israel03:54 JT Chapman's YouTube Journey: From SlopTuber to Biggest Socialist YouTube Channel09:14 JT's “Radicalization” Journey25:52 Independent Media43:02 Socialism: The Tough Questions43:43 Challenges of Achieving Socialism 55:45 Modern China01:02:37 Patriotic Socialism 01:42:47 FREE SPEECH01:54:57 Preventing Excessive State Power02:01:47 How is JT so productive? Check out Seccond Thought: https://www.youtube.com/@SecondThoughtThe Deprogram Podcast: https://www.youtube.com/@thedeprogram9999Follow me on Instagram: ⁠instagram.com/1dimeman⁠Check out my main channel videos: https://www.youtube.com/@1DimeeMy Video Collabs with Second Thought: https://youtube.com/playlist?list=PLdV0zjZxc1dDUgFhhvWFm2pHR4dJmCRPh&si=ToKX_iFc5nto9HPuOutro Music by Karl CaseyLeave a like and a comment if you enjoy the show!

Get access to The Backroom Exclusive episodes on Patreon: ⁠⁠⁠https://www.patreon.com/OneDime⁠In this episode of 1Dime Radio, I am joined by homie  @JREG   to chat about the Politics of "Zoomers" (Generation Z/Gen Z). In The Backroom segment  on Patreon, we give some hot takes and find out what Jreg "Really Believes."  Become a Patron and get access to over 55 bonus episodes if you haven't already!Timrstamps: 00:00 The Backroom Preview 02:31 Introduction to One Dime Radio with JREG04:22 Zoomer Zeitgeist and Political Engagement08:20 Irony, Nihilism, and Political Identities 41:22 Climate Change  Doomerism44:50 Is Jreg Irony Poisoned?1:08:10 Accelerationism and AI1:24:42 Finding Community In a Terminally Online WorldJreg's YouTube Channel:https://www.youtube.com/@JREG/featuredCheck out the Horseshoe Theory Podcast:  https://open.spotify.com/show/15ILmbGEi4yUlPtsFryzKM?si=a0376e56131843e7Check out my main channel videos: https://www.youtube.com/@1DimeeFollow me on Instagram: ⁠instagram.com/1dimeman⁠Outro Music by Karl CaseyLeave a like and a comment if you enjoy the show!

Get access to The Backroom and 55+ exclusive podcast episodes on Patreon: https://www.patreon.com/OneDime⁠⁠In this episode of 1Dime Radio, I am joined by Dr. Touré Reed (Son of Adolph Reed Jr.) to discuss his book “Toward Freedom: The Case Against Race Reductionism” In the Backroom on Patreon, Touré and I discuss the question of Reparations and misconceptions surrounding black politics. Timestamps: 00:00 The Backroom Preview 03:59 Toure Reed on Adolph Reed06:02 Race Reductionism 25:20 The New Deal & Black Americans39:22 Bernie Sanders and “the Black Vote”50:36 Shift from Class to Cultural Explanations of Inequality: The Moynihan report58:02 Ethnic Pluralism and Culture of Poverty01:01:19 Intersectionality and Class Politics01:07:48 The Problem with Anti-Racism01:35:59 Transition to The BackroomCheck out Touré Reed’s Book: reed-toureCheck out Touré Reed’s talks on Jacobin: https://youtu.be/JgLk3k7PCzc?si=9uEEztcrRU2Xt5-DFollow me on X: 1DimeOfficialFollow me on Instagram: ⁠instagram.com/1dimeman⁠Outro Music by Karl CaseyBe sure to give 1Dime Radio a 5 Star Rating if you enjoy the show!

Fadhel Kaboub, a Professor of Economics at Denison University, delves into Modern Monetary Theory's relevance in the Global South. He discusses the challenges developing countries face in achieving monetary and economic sovereignty while critiquing current economic policies. Noteworthy topics include the roles of BRICS, decolonization, and strategic local investments. Kaboub emphasizes the potential of renewable energy collaboration in Africa and critiques climate finance initiatives, advocating for genuine support for the Global South free from colonial legacies.

Warren Mosler, the founder of Modern Monetary Theory (MMT), dives into the revolutionary concepts of government spending without relying on tax revenue. He critiques Trump's tariffs and their effects on trade and inflation. The conversation explores alternatives to Universal Basic Income, favoring a job guarantee to promote a stable economy. Mosler also rethinks taxation, suggesting property taxes over corporate taxes to increase efficiency. His insights challenge traditional economic views and promote a more equitable approach to government finance.

Get access to The Backroom Exclusive episodes on Patreon: ⁠⁠⁠https://www.patreon.com/OneDime⁠In this episode, Professor Christian Parenti, son of the Legendary Michael Parenti, comes on 1Dime Radio to make the "leftist case for Kash Patel" and talks about his article "The Cargo Cult of Woke." In The Backroom on Patreon, we talk about his spicy article  "How the Organized Left Got the Pandemic Wrong." Become a Patron at Patreon.com/OneDime if you haven’t already done so!Timestamps: 00:00 The Backroom Teaser: The Left's Response to the Pandemic 02:23 Christian Parenti Introduciton03:29 Compact Magazine and Funding Concerns10:52 The Leftist Case for Kash Patel as Head of FBI? 41:46 Will Trump Subordinate The Deep State? 52:37 The Left's Historical Critique of the FBI01:03:34 The Origins of Woke Politics01:27:18 CIA's Influence on the Left 01:59:15 Transition to The BackroomCheck out my main channel video essays: https://www.youtube.com/@1Dimee/videosFollow me on Instagram: ⁠instagram.com/1dimeman⁠Outro Music by Karl CaseyGive 1Dime Radio a 5-star Rating if you enjoyed the show!