this post was submitted on 29 Apr 2024
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United States | News & Politics
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They don't, but that's what they do in practice.
This is a bit tangential, but a part of me is pleased that leftists and Marxists are adopting some of these basic chartalist monetary principles. When I dove into the MMT world for a brief period a few years ago, my basic takeaway was that their analysis of the state and money isn't far off the mark, but they have a severely underdeveloped class consciousness. The end call to action - at least from the liberal voices within that ideological space - was always "well if we educate people about all this, then they can go harder, and we can finally have funding for healthcare and education"
very much agree