Impact of #MMT theory of value
(Derived from a previous response)
Once uppon a time, there was a lie to maintain the argument, that salesmen are making the money and #workers are not involved in creating value anyhow.
When this lie collapsed, they came with another lie (called #Keynesianism)
When this lie collapsed, they came with the next lie (called #Neoliberalism)
Now the bourgeoise predominantly white race has invented another lie?
Meanwhile 50% of energy is consumed by 10% of the people, of which 90% are white.
The poor global south will suffer first and most of #ClimateChange effects.
The #IPCC suggests tax paying to be used for the green transition and refers to papers of a lot of MMT thesis supporting scientists or in other words:
The global white and rich north, that looted the word for centuries don't want to pay a single tax cent, if so just to provide credits with "low interests" to the global south.
So in this sense, I don't believe MMT has good intentions, but to keep on lying and maintain white wealth and the idea, that wealth is just an imagination and unrelated to western armies and companies around the world that keep on killing and looting.
The stability of the #Dollar is foremost a condition of violence. The more violence you can apply, the more stable it appears. For sure I know, that many countries profit to a certain extend from a stable currency. And so everyone plays he wants to align with the rich. (why else does nobody act on #Gaza)
According my value theory, #Biden does the right decision giving #Israel direct access to its weapon stockpiles.
The reason is: To maintain #value! Is this already MMT? 🤔 No it isn't. MMT is just as blind as the other theories.
