3 Comments
User's avatar
тна Return to thread
Jeff Epstein's avatar

Thanks for the kind words. MMT prescribes a job guarantee, which would transform the very concept of work (redefining terms such as work, value, productivity, and etc.), and eliminate much of the exploitation we currently experience. It would also mute much of the highs and lows of the entire economy, preventing huge bubbles and crashes.

Expand full comment
UnskilledLabor's avatar

Yes, MMT is the path forward as far as reform goes. You might want to look into the ideas of Henry George, who wrote Progress & Poverty in 1879. His ideas center around the injustice of land (and all monopolies) as a source of rentier income. The New York based Henry George School of Social Science is very interested in combining the ideas of MMT and Henry George. Here's their website: hgsss.org

Expand full comment
Jeff Epstein's avatar

Yes! We donтАЩt go too in depth but hereтАЩs my interview on the relationship between Georgism and MMT: https://activistmmt.libsyn.com/ep101-12-derek-ross-it-takes-energy-to-get-energy-georgism-and-mmt

Also, MMT founder Warren Mosler believes that all taxes should be replaced with a land value tax.

Expand full comment