An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Tuesday, September 17, 2019
Why is “millennial socialism” on the rise? Because liberalism is failing — Lea Ypi
Should be "neoliberalism" instead of "liberalism."
Except I don't see that MMT advocates like Warren Mosler, a banker, seek to end neo-liberalism but to perpetuate it by:
ReplyDelete1) Increasing privileges* for the usury cartel, aka "the banks", in an attempt to make their racket more stable.
2) Government provided wage-slavery for the victims to supplement wage slavery to the private sector.
*e.g. unlimited deposit guarantees
e.g. unlimited loans from the Central Bank at ZERO percent.