Category: Modern Money Theory

Economics, Modern Money Theory, Politics & Culture

Does the Debt Ceiling Matter? Yes and No (and probably not the way you’re thinking)

The difficulty lies not so much in developing new ideas as in escaping from old ones. John Maynard Keynes New House Speaker Kevin McCarthy has been engaged in talks with the White House over the past couple weeks, in an effort to prevent the US government from ‘defaulting’ on its debt later this year. As has happened many times over the last few decades, the … Continue reading Does the Debt Ceiling Matter? Yes and No (and probably not the way you’re thinking)

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Ecological Collapse, Intentional Communities, Modern Money Theory, Politics & Culture, Uncategorized, Universal Basic Income

Recapitulation: How to Save the World

The order which has been taken for granted suddenly appears queer and contingent. There is an appearance of the contingency of order. This is the main value of utopias. At a time when everything is blocked by systems which have failed but which cannot be beaten…utopia is our resource. The utopia seems to say something plausible, but it also says something that is crazy. By … Continue reading Recapitulation: How to Save the World

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Ecological Collapse, Intentional Communities, Modern Money Theory, Politics & Culture, Universal Basic Income

Avoiding Armageddon: (1) How to circumvent the Polarization Industrial Complex

If destruction be our lot, we ourselves must be its author and finisher. Abraham Lincoln In a pair of earlier posts about Rescuing the Future, we looked at the competing delusions on offer from our mainstream political camps, and how Covid has laid waste to these fantasies, leaving us floundering and exhausted. We are mired in an almost cosmic sense of “stuckness,” a foreboding that … Continue reading Avoiding Armageddon: (1) How to circumvent the Polarization Industrial Complex

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