@DougHenwood @katiecannon2 @srlie True that MMT does not explain the production and appropriation of *value*. It's an explanation of how *money* works. But that's a lot, since money--esp fiat currency--is a very powerful tool & is the primary expression of value in capitalist society.
@DougHenwood @katiecannon2 @srlie Why fiat currency has been and will be used in reactionary ways until and unless we learn to use it in progressive ways--as something that is social and political in origin.
@DougHenwood @katiecannon2 @srlie They are using it to fund wars & enable banksters profits & speculation. We have to use it as a social utility that enables producing what we consider necessary & valued goods & services. And we can! What's stopping us is political, not economic. MMT makes that visible.
