Modern Monetary Theory Pamphlet
Product Code: MMT
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Weight: 86.0g
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A MARXIST CRITIQUE OF “MODERN MONETARY THEORY”
“Modern monetary theory” has been gaining support on the European left as an enticing alternative to the austerity politics of the past decade. In this pamphlet the authors subject it to a critical Marxist analysis and question whether it is a useful concept in helping us to understand the monetary system.
“Modern monetary theory” has been gaining support on the European left as an enticing alternative to the austerity politics of the past decade. In this pamphlet the authors subject it to a critical Marxist analysis and question whether it is a useful concept in helping us to understand the monetary system.
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Customer Reviews
(write review)Quite insightful
"An excellent critique of a system that is supposed to "fix" capitalism. As this pamphlet shows Modern Monetary Theory is simply not possible for countries that rely on imports and would cause spikes in inflation. A good read for those interested in economics" Clover - Friday 25 June 2021
