Under Fully-Automated Communism, Your Wage Is $90 Per Hour (Says Math)
Recently, a reader responded to two posts of mine — one that used macroeconomic data to show how much of the nation’s income ends up in workers’ pockets and another that looked into how long a US workweek might be if the US automated as many work-hours as existing technology allows — and the response […]Read More »
On the State Theory of Money, Social Power, & Taxes: Modern Money Systems 3
The following is part-3 in an open series meant to introduce the basics of modern monetary theory (MMT) and to explore the potential for MMT’s radical model of macroeconomic reality to intersect with revolutionary theory and struggle. In Part-1, the basic principles and monetary mechanics of MMT were presented alongside an irresponsibly brief review of […]Read More »
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