open dyslexic mode

In order for the working class to gain power, it's critical to build coalitions with unions and workers so that capital is impacted as Steve explains.

#Capital #Unions #ClassStruggle #WorkingClass

Link to full episode:    • TRS: The Problem with Electoral Politics  

We believe all materials used in this video fall under Fair Use as defined in Section 107 of the Copyright Act of 1976.

What is Modern Monetary Theory?
Modern Monetary Theory is the correct understanding of Macroeconomics.
It proves the following:
1) Taxes don't fund government spending and
2) Deficit spending is good most of the time.

Simple Economics Facts:
Government deficit = Private sector surplus
Government debt = private sector savings
The constraint on government spending is the availability of real assets/resources in an economy, not the federal budget!

To learn more about Modern Monetary Theory, check out our podcasts!
www.macroncheese.com/

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