Comments on: Monetary policy is ultimately based on a theory of money: A Marxist critique of MMT

By: The peaceful revolution of Richard Murphy – steel city scribblings

The peaceful revolution of Richard Murphy – steel city scribblings — Mon, 02 Aug 2021 09:14:01 +0000

[…] I respect Cambridge economist and Modern Monetary Theorist Richard Murphy. True, I harbour deep suspicions on MMT (often derided as “magic money tree” not only by Chicago Schoolers, Thatcherites, Reaganomists and other stripes of neoliberal but by Marxists who – correctly as best I can tell – see in MMT a defiance of the law of value. […]

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By: Not So Fast: Modern Monetary Theory Criticized By Marxian Theory - Socialist Planning Beyond Capitalism

Fri, 19 Mar 2021 17:09:18 +0000

[…] state and money, the state and economic policy and world money and monetary sovereignty. Read in �� […]

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By: Marx, marxistentzat – Heterodoxia

Marx, marxistentzat – Heterodoxia — Thu, 18 Mar 2021 06:55:07 +0000

[…] Monetary policy is ultimately based on a theory of money: A Marxist critique of MMT March 17, 2021 […]

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By: David Fields

David Fields — Wed, 17 Mar 2021 16:57:47 +0000

And, spot on, MMT glosses over the severity of the bop constraint.

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By: David Fields

David Fields — Wed, 17 Mar 2021 16:14:29 +0000

Ingham’s ontology of money as a social relation of credit/debit constituted by evolving forms of authority allows for a symbiosis with this Marxist conceptualization.

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