@KalebMoode

Hey Kaleb, would you do an episode on the permanent FJG establishing an Employment floor that replaces the Military as being the employer of last resort, ending the pipeline of poor people funneled into the military-industrial complex. Stops a corvee labor trap
I know there is a few people that think framing FJG as an "employer of last resort" is not great messaging, but not me.

At least laying out that as another aspect of the FJG besides it being a 'human right', I feel is really important. It helps to reach people skeptical of FJG.
People skeptical of FJG and/or "big Government", can sympathize with the technical aspect from the MMT perspective that the military is officially the employer of last resort & if we replaced it with a FJG, we can effectively keep citizens out of the military Industrial complex
Also, would you go deeper into how if the Government intentionally refuses to operate guaranteed jobs, it's intentionally refusing to support the price of Labor the way it does for soy beans or oil, and how Labor is the most unique commodity in the Economy

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More from @WilesWj

23 Feb
@cushbomb @ByYourLogic

I've been telling you about how Doug Henwood is a Neoclassical Orthodox Propagandist. His latest ridiculous arguments against the Job Guarantee, should help you see what I've been warning about.
realprogressives.org/podcast_episod…
The act of seeking(having to sell/trade labor for) an income/wage is based on the credit/debt obligatory relationship of a legal tender(currency).

You have to seek State currency because the Government makes you need it, for taxes if nothing else. It creates unemployment.
Because the Government creates unemployment by making people seek it's issued Currency by selling/trading labor or other resources to an agency, either private or public, that offers said currency(it's not a "natural" occurrence) it's the Government's responsibility to employ all
Read 8 tweets
23 Feb
@cushbomb @ByYourLogic

I've been telling you about how Doug Henwood is a Neoclassical Orthodox Propagandist. His latest ridiculous arguments against the Job, should help you see what I've been warning about.
realprogressives.org/podcast_episod…
The act of seeking(having to sell/trade labor for) an income/wage is based on the credit/debt obligatory relationship of a legal tender(currency).

You have to seek State currency because the Government makes you need it, for taxes if nothing else. It creates unemployment.
Because the Government creates unemployment by making people seek it's issued Currency by selling/trading labor or other resources to an agency, either private or public, that offers said currency(it's not a "natural" occurrence) it's the Government's responsibility to employ all
Read 8 tweets
7 Jan
@cushbomb

....

The founders of MMT are Marxists... Hyman Minsky was a Marxist. Michael Hudson is a Marxist. Bill Mitchell is Marxist...

Saying MMT has a position to save cApiTaLiSM means you still have not been paying attention. MMT is Apolitical. MMT is against Neoclassical.
Watch these, completely.
Read 5 tweets
5 Jan
@cushbomb

The Fed can only create credit, it cannot create new USD, only Congress can. QE is the Fed swapping treasury securities/bonds for treasury reserves/USD notes. The Bonds were already purchased/swapped with real USD Congress deficit spent into circulation. 1/
So, because those securities were originally swapped for reserve notes that had been in circulation & securities are calculated in the budget Deficit, when the operation of swapping the securities back to reserves, means no new assets r created by the Central Bank through QE. 2/
It's a balance of payments equation. The federal budget Deficit doesn't change by $1(besides interest no longer being paid on Bonds/securities) after QE. Its still Austerity politics & still serves the elites & banking Creditors who make us participate in a Bond market system 1/
Read 7 tweets
5 Jan
@cushbomb @willmenaker
@ByYourLogic @virgiltexas @briebriejoy

Please make a Michael Hudson episode happen with Chapo & Bad Faith! The left needs a real thought leader, and Hudson is the real deal, not a Neoclassical gatekeeper.
"The long history of debt cancelation"

Neoclassical is the mainstream orthodox that creates the Academic base for the Neoliberal project. There's actually no such thing as "Neoliberal academia".
Read 7 tweets
5 Jan
@jimmy_dore @miserablelib
@briebriejoy @kthalps @J_ManPrime21
Ben is a hack.

He's a Propagandist, disseminating Neoclassical mainstream orthodox. You platform CIA & NATO assets.

Neoclassical Marxists don't threaten the Neoliberal project, they carry water for it.
Neoclassical Economics is the mainstream orthodox from the Chicago School monetarists that Milton Friedman and Larry Summers are prescribed to.

There is no such thing as "Neoliberal academia", only Neoclassical Economics that creates the Academic base for the Neoliberal project.
Michael Hudson, a real Marxist and MMT economist, has been telling us for years that it's the Neoclassical mainstream orthodox that we must destroy & Neoclassicalists are your enemy. And so is the Dem party.
Read 7 tweets

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