Richard Murphy on Nostr: Why is modern monetary theory so important? Some people argue that modern monetary ...
Why is modern monetary theory so important?
https://www.taxresearch.org.uk/Blog/2024/09/17/why-is-modern-monetary-theory-so-important/ Some people argue that modern monetary theory is irrelevant or that it changes nothing. They're wrong. MMT fundamentally reframes the power relationships within our economy, moving power away from banking and the City and towards democratic government control whilst prioritising people and full employment instead. No wonder so many people don't like it: MMT challenges all the privileges they enjoy at cost to the rest of us.
Published at
2024-09-17 06:12:11Event JSON
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