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submitted 1 year ago* (last edited 1 year ago) by davetapley@lemmy.world to c/workreform@lemmy.world

A video explaining modern monetary theory and how with a little Marxism it can benefit everyone.

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[-] unfreeradical@lemmy.world 1 points 1 year ago* (last edited 1 year ago)

Capitalists absolutely love government debt, because it provides a vehicle for safe investment.

They bellyache about debt to bolster the austerity narrative that they use against public spending supporting working class interests.

this post was submitted on 22 Sep 2023
72 points (81.6% liked)

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