On Modern Monetary Theory. Doug Henwood joins us to discuss whether MMT offers a fiscal alternative for Left governments. What is monetary sovereignty and do all states have it? What are MMT's prospects for states as different as the USA, Nigeria or Brazil? Is it a suspect economic remedy, too much of a quick fix? Are MMT proponents guilty of avoiding political confrontation?
Modern Monetary Theory Isn’t Helping, Doug Henwood, Jacobin
MMT Is Already Helping, Pavlina R. Tcherneva, Jacobin
Modern Money Theory 101: A Reply to Critics (pdf), Éric Tymoigne and L. Randall Wray
Modern Money Theory (MMT) vs. Structural Keynesianism, Thomas Palley
What Is Modern Monetary Theory and Why Is It So Important to the Green New Deal?, Jacob Weindling, Paste Magazine
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On whether we can salvage anything from postmodernism. Have we left postmodernity - and if so, can can we be properly dialectical about it: see it as progress and catastrophe all at once? Is there a moment of truth to postmodernism amidst all the falsity?
We discuss the left intelligentsia's abandonment of materialism; phoney cultural populism; the demolition of Pruitt-Igoe; Knausgaard's six volume 'Min Kamp'; and the end of cultural rebellion.
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