June 9, 2019

MMT: A Trojan Horse for Labour courtesy of the Oligarchy

Links on Dan McCurry ‘Why Labour shouldn’t rule out Modern Monetary Theory’*


Scientifically, MMT is refuted on all counts. Politically and economically, the MMT policy of deficit-spending/money-creation benefits the Oligarchy. Social/environmental programs are in real terms always paid for by WeThePeople themselves either through direct taxation or through stealth taxation via the market price. The social/progressive flag-waving of MMT is for the deception of WeThePeople.

► MMTers are NOT Friends-of-the-People
► MMT is ALWAYS a bad deal for the 99-percenters
► The economist as useful political idiot
► How Bill Mitchell stalks Jeremy Corbyn
► Mr. Corbyn and the perils of political economics
► Political economics: Who hijacks British Labour?
► MMT Progressives: stupid or corrupt or both?
► How MMT enlightens Washington
► MMT and grassroots movements
► Dear idiots, MMTers are Wall Street’s agenda pushers