by Richard Murphy has some issues about tax and MMT, which my essays on MMT that I posted here asked questions about.I have posted the Steve Keen video here before, but what's really interesting about this Richard Murphy article is the comments section underneath. Many people have trouble fully getting to grips with MMT.MMT is a fantastic system for producing a fairer and wealthier society. Social democracy and capitalism can work together, strengthening both. We end up with far less suffering, a safer society, a well educated workforce producing wealth, less crime - so less money spent on crime prevention - more people in work, so the tax burden is spread more widely, less ill health - because people are happier and less stressed - and excellent infrastructure, etc.The job guarantee can get
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I have posted the Steve Keen video here before, but what's really interesting about this Richard Murphy article is the comments section underneath. Many people have trouble fully getting to grips with MMT.
MMT is a fantastic system for producing a fairer and wealthier society. Social democracy and capitalism can work together, strengthening both. We end up with far less suffering, a safer society, a well educated workforce producing wealth, less crime - so less money spent on crime prevention - more people in work, so the tax burden is spread more widely, less ill health - because people are happier and less stressed - and excellent infrastructure, etc.
The job guarantee can get help people back into work, which won't be a grind but an enjoyable social, work experience, and a way of meeting new people instead of being stuck at home with nothing to do.
And the old and people with disabilities can get the help they require, and need never be lonely either.
The countryside can be managed better, with any litter being cleaned up.
Society can be a social system, not just a competitive environment.
If capitalism can't produce a greener society because the profits are too low, then the government can help out. Remember, there's no wealth without a sustainable green future. If the world dies, we all die.