It’s not technically accurate, but I don’t think it’s necessary to include a crash course on MMT every time you are making a post agitating against imperialism. In fact, I think it’s counterproductive.
You don’t have to give a lesson in MMT, you simply don’t mislabel federal spending as taxpayer money.
Why? As I said:
Firstly because it just factually isn’t, but more importantly because that false framing serves the interests of the bourgeoisie. One of its more subtle sins is that it leaves the impression that those who pay federal income taxes ought to have more say than those who don’t, and that the more one pays the more say one ought to have. But just in general, this framing is foundational to the bourgeois project of obfuscating how fiat money actually works. For instance, we’re not supposed to understand the intentionally complicated, obfuscatory nonsense that the government must sell treasuries to the bourgeoisie in order to fund itself. The government doesn’t need that money at all, and all that really does is give the wealthy a safe place to park their capital with interest, temporarily removing it from the productive economy.
It’s not technically accurate, but I don’t think it’s necessary to include a crash course on MMT every time you are making a post agitating against imperialism. In fact, I think it’s counterproductive.
You don’t have to give a lesson in MMT, you simply don’t mislabel federal spending as taxpayer money.
Why? As I said: