If you want a giggle this analysis of MMT from a hard Marxist perspective is amusing for the politics and economics geek. Written by Adam Booth, it could have been improved by even a little reading of what MMT is about. It makes the most basic of errors. So many in fact, I have no time to point them out.
Actually, the first half – got bored, sorry – looks pretty good.
I think what’s pissing on Spudda’s chips is that Marx was actually correct in that money arises from the desire to track debt rather than state action. That’s so not Tutto nello stato that Snippa just can’t allow it to be so.