The Gower Initiative for Modern Money Studies — The G7 jolly – a symbol of everything that is wrong with the global economic system.

Summary:
The problem in a nutshell.However, currently we have a democratic deficit reinforced by a toxic media which, as Raoul Martinez, the philosopher, artist, and filmmaker so rightly notes:‘As long as the vast majority of wealth is controlled by a tiny proportion of humanity, democracy will struggle to be little more than a pleasant mask worn by an ugly system.’The world system is becoming increasingly dysfunctional and one of the chief factors is the erroneous 'government as big household or firm' analogy that is standing the way of public policy and concerted action international needed to address existential systemic challenges.This propaganda for fiscal conservatism is echoed by the corporate media and enforced globally by Western-led military power.MMT to the rescue.The Gower Initiative

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