Once got into an argument on discord with someone that really wanted me to entertain MMT and I just could not be bothered and kept telling them it was just a liberal attempt at replacing Marxism with some pedantic sophistry and refusing to examine the material reality that gives rise to neoliberal economic practices in the first place.
I don’t hate it, i’m just deeply indifferent to it. It’s just Keynesianism with a modern coat of paint. It has the same problems that such theories have always had. They attempt to solve the problems inherent to liberalism through a fundamentally liberal framework. That is never going to work no matter how many smart sounding words you use.
Once got into an argument on discord with someone that really wanted me to entertain MMT and I just could not be bothered and kept telling them it was just a liberal attempt at replacing Marxism with some pedantic sophistry and refusing to examine the material reality that gives rise to neoliberal economic practices in the first place.
I really hate MMT.
I don’t hate it, i’m just deeply indifferent to it. It’s just Keynesianism with a modern coat of paint. It has the same problems that such theories have always had. They attempt to solve the problems inherent to liberalism through a fundamentally liberal framework. That is never going to work no matter how many smart sounding words you use.