Marxist Monetary Theory (Ft. Bill Mitchell)

I am joined by economist Bill Mitchell, one of the pioneers of Modern Monetary Theory (MMT). In this episode of 1Dime Radio, we discuss the intersection of MMT and Marxism and why both frameworks are complementary and essential for understanding how the economy works. Timestamps: 00:00 Preview 03:07 MMT & Marxism 17:01 The Left's Shift in the 70s 21:48 Was Neoliberalism Inevitable? 37:17 The problem with "Tax The Rich" discourse 51:09 Inflation and Job Guarantee questions 01:15:57 Australia’s Radical Political History Checkout William Mitchell's Website: https://billmitchell.org/blog/ Check out Bill Mitchell's Work: https://www.amazon.ca/dp/0745337325?ref_=cm_sw_r_ffobk_cp_ud_dp_DCQWXGC090Q20JKQRDXN Check out the 1Dime Video essays if you haven't already: https://www.youtube.com/@UCQWoY8CkEGeE4t62djCZk-A Follow me on X: https://x.com/1DimeOfficial Follow me on Instagram: instagram.com/1dimeman Read Articles Faster with Speechify: https://share.speechify.com/mzrxH5D Outro Music by Karl Casey Become a Patron of 1Dime and get access to over 45 Exclusive podcast episodes + my discord server: https://www.patreon.com/OneDime Be sure to give 1Dime Radio a 5 Star Rating if you enjoy the show!