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2024-08-12 15:48:26
in reply to

GhostOnTheHalfShell on Nostr: There is a fundamental problem in #MMT and even in #SteveKeen 's and others ...

There is a fundamental problem in #MMT and even in #SteveKeen 's and others definitive work on modern economies:
they are but accountants who have found superior ways of journaling what is a system of murder and destruction. Worse, they imagine they've found a solution, that they can stabilize Armageddon.

The dynamic of destruction evolved before capitalism and is more enduring than capitalism. It underpins its antecedents in all their forms.

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