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Alexander Valchyshen
@AlexValchyshen
#Tolstoy & #MMT connection

In 1886, great Russian novelist Leo Tolstoy published a non-fiction piece called 'What Then Must We Do?'.

There is a chapter on #money, which in effect sounds very much familiar and close to the #MMT motto -- #taxes-drive-money.

1/4
Tolstoy: "Any money is getting accepted between people only when they are forcefully demanded to be delivered by everybody. When every person needs money to redeem herself/himself from violence, only then money will obtain stable exchange value..."

2/4 #Tolstoy & #MMT connection
Tolstoy (cont'd): "... And what is demanded by the government [to be delivered by people as payment of taxes, fees, etc] obtains value, not what is convenient for exchange."

3/4 #Tolstoy & #MMT connection
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#MMT #money #Tolstoy #babki #sovereign #taxes

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