Sean Keith As Well As Alexander Kolokotronis — Only How Volition Nosotros Pay For It?: Modern Monetary Theory As Well As Democratic Socialism

If democratic socialists view social commonwealth equally 1 of the key stepping stones towards a real egalitarian society, the lawsuit of how nosotros tin sack sustainably finance such programs is of the utmost importance.

An economical doctrine named Modern Monetary Theory (MMT) is surging inwards popularity as well as offering answers. MMT is debunking pop narratives almost the harsh necessity of austerity as well as belt-tightening. It is showing that coin is non a finite abstraction, simply a limitless world utility that tin sack endure used to run into human needs. More than this, however, MMT as well as its heterodox economical cousins offering a framework to develop lead democratic, egalitarian political structures, as well as therefore reimagine as well as recalibrate the viability of democratic socialism....

Lays out a Democratic Socialist plan based on MMT agreement of regime finance as well as heterodox economics.

Truthout | Op-Ed
"But How Will We Pay for It?": Modern Monetary Theory as well as Democratic Socialism
Sean Keith, second yr educatee at Northeastern University inwards a BA-MA combined history plan alongside a youngster inwards Chinese, as well as Alexander Kolokotronis, Ph.D. educatee inwards political scientific discipline at Yale University, founder of Student Organization for Democratic Alternatives, as well as formerly the educatee coordinator of NYC Network of Worker Cooperatives as well as worker cooperative evolution assistant at Make the Road New York