Changing language changes reality "Deficits" is not ab money. That's neoliberalism. MMT: Real deficits are deficits of real things in our society. Deficits in health care, education, infrastruct, afford. housing etc. Excellent Ted by @stephaniekelton.bsky.social www.youtube.com/watch?v=FATQ... - ThreadSky

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larsdenmar.bsky.social • 77 days ago

Changing language changes reality

"Deficits" is not ab money. That's neoliberalism.

MMT: Real deficits are deficits of real things in our society. Deficits in health care, education, infrastruct, afford. housing etc.

Excellent Ted by @stephaniekelton.bsky.social

https://www.youtube.com/watch?v=FATQ0Yf0Fhc&t=1s

Comments

tonio5k.bsky.social•77 days ago

Like states rights are a code for racism, concern about the deficit is code for something else, like desire to cut social spending or even racism.

ausmmt.bsky.social•77 days ago

Sociologists, Psychologists and others have been telling us that for decades. It really is the essence of CBT, Stoicism and many other things.

larsdenmar.bsky.social•77 days ago

Whitehead said that everything had already been said & that it is about using/applying the words correctly. The question for me is to find gems like this insight right here with a neoliberal thing and expose it to make ppl think differently & look to MMT. For my book too. Help & ideas R appreciated

ausmmt.bsky.social•76 days ago

Prior to Whitehead, it was either the Bible or Shakespeare, I can never remember which - "There is nothing new under the sun"

For govt debt - I just say that's not my signature on the cash note.

platogue.bsky.social•67 days ago

Masterclass.

Thank you, Professor Stephanie Kelton.

🙏💙

artlith.bsky.social•77 days ago

Well said! Thanks.

larsdenmar.bsky.social•77 days ago

My research has been going more and more in this direction as in using MMT and sociology to "reclaim our language" against the neoliberal ideology. So,it's reassuring to see this post get so much love 🙂

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