Social Democracy For The 21St Century: A Post Keynesian Perspective
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There are at least five categories of the political left in the US — Old Left, New Left, New New Left, Alt Left, and Far Left. The two principal categories are social democracy within a capitalist framework and democratic socialism in as socialist framework.
Politically, the spectrum is generally divided into Left and Right. The political range runs from reactionary at one extreme through traditionalist, conservative, centrist (bi-conceptual), moderate, and liberal to radical at the other extreme.
The monetary economics of MMT applies to any monetary production economy regardless of the type of political theory and political economy based on it. MMT as a theory of political economy based on the present system under a capitalist framework is moderate to liberal left with respect to policy, since it prioritizes full employment in economic policy.