I am someone who likes the macroeconomic argument that MMT puts forth, mostly because, in my opinion, it is the most scientific and empirical, and not relying only on abstract models. However, I like to drop on your channel, because, I was interested in Critical Theory and Social Theory, long before I even cared about macroeconomics. I enjoy listening to ruthless, critical analysis. If an argument cannot survive such scrutiny, it isn't worth anything!
Super fascinating and thanks for putting this out, Varn. I'm very much still educating myself on macroecon incl. monetary theory etc. so your perspective on many of these crucial points is invaluable to orientate myself. Even if some of it goes over my head, I'm taking it in, but if you have some recommendations for starter texts, I'd like to see them. I totally see your perspective re your interview approach and I'd be doing a similar thing if I were in your shoes. Mosler is a big name and meaningful engagement has far greater value in the long run. You could see that you had a shared understanding and he responded positively to you. Hopefully you can get him on again in the future and those opportunities to be a little more candid and challenging will come naturally in the flow of dialogue. In the end, for some sort of higher level of theoretical understanding and/or alignment, this approach is probably the right one for you in your context. Ofc, only you know what that looks like.
I believe the challenge for small countries in the global south is more about developing their own economic production using their own sovereign currency, then simply implementing their own fiat currency. MMT says a lot about the function of a national currency for domestic goals. Being able to produce as much of the needs of your country without relying on imports. My favourite MMT scholar on this issue is Fadhel Kaboub: th-cam.com/video/hVeRlqzl-wc/w-d-xo.html. I would love to see him on your channel one day.
It may happen, the problem is that production is still what makes a currency viable. Kaboub is MMT thinker along with Scott Ferguson who thinks the most about it
What else could be the teleos of a communist but bringing forth a classless society? Like, besides having an anterior motive like high jacking social movements for personal power (subversion of communism). Or my schtick, bringing forth a truly democratic society that allows for harmony with nature? (Communism as a means to another teleos)
I am someone who likes the macroeconomic argument that MMT puts forth, mostly because, in my opinion, it is the most scientific and empirical, and not relying only on abstract models. However, I like to drop on your channel, because, I was interested in Critical Theory and Social Theory, long before I even cared about macroeconomics. I enjoy listening to ruthless, critical analysis. If an argument cannot survive such scrutiny, it isn't worth anything!
Super fascinating and thanks for putting this out, Varn. I'm very much still educating myself on macroecon incl. monetary theory etc. so your perspective on many of these crucial points is invaluable to orientate myself. Even if some of it goes over my head, I'm taking it in, but if you have some recommendations for starter texts, I'd like to see them.
I totally see your perspective re your interview approach and I'd be doing a similar thing if I were in your shoes. Mosler is a big name and meaningful engagement has far greater value in the long run. You could see that you had a shared understanding and he responded positively to you. Hopefully you can get him on again in the future and those opportunities to be a little more candid and challenging will come naturally in the flow of dialogue. In the end, for some sort of higher level of theoretical understanding and/or alignment, this approach is probably the right one for you in your context. Ofc, only you know what that looks like.
Good talk. I like his leftist realism.
I believe the challenge for small countries in the global south is more about developing their own economic production using their own sovereign currency, then simply implementing their own fiat currency. MMT says a lot about the function of a national currency for domestic goals. Being able to produce as much of the needs of your country without relying on imports.
My favourite MMT scholar on this issue is Fadhel Kaboub: th-cam.com/video/hVeRlqzl-wc/w-d-xo.html.
I would love to see him on your channel one day.
It may happen, the problem is that production is still what makes a currency viable. Kaboub is MMT thinker along with Scott Ferguson who thinks the most about it
Hello
What else could be the teleos of a communist but bringing forth a classless society?
Like, besides having an anterior motive like high jacking social movements for personal power (subversion of communism). Or my schtick, bringing forth a truly democratic society that allows for harmony with nature? (Communism as a means to another teleos)