this post was submitted on 12 May 2026
1011 points (98.9% liked)
Progressive Politics
4619 readers
1515 users here now
Welcome to Progressive Politics! A place for news updates and political discussion from a left perspective. Conservatives and centrists are welcome just try and keep it civil :)
(Sidebar still a work in progress post recommendations if you have them such as reading lists)
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
This seems to be an MMT critique rather than a leftist one.
MMT is simply saying "public expenditure isn't bounded by arbitrary balances". I made it leftist when I argued for welfare, social housing and infrastructure.