Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

egbertowillies

(4,058 posts)
Wed Mar 20, 2019, 12:17 AM Mar 2019

We are indoctrinated by our economic system. Why Modern Monetary Theory (MMT)?

Re-education is difficult. Most economists argue against Modern Monetary Theory (MMT). But let's be clear, an economic system must be defined to serve humanity and not the other way around. If there work to be done and there are able-bodied human beings wanting to do it and the only thing that prevents that work, whether it be research, filling potholes, or providing healthcare, because there is no money to do it, then the economic system is a failure. Modern Monetary Theory (MMT) solves that. Simplistic?



Economics is not a science. It is behavioral with some basic behavior-based math.

https://politicsdoneright.com/2019/03/ian-reifowitz-discusses-ilhan-omar/

Latest Discussions»General Discussion»We are indoctrinated by o...