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After more than four decades of dominance, free-market capitalism is facing a challenge.
Its rival, the rather blandly named Modern Monetary Theory, promises to return economic planning to a less ideological footing.
It’s also keen to strike a blow against the “surplus fetish” that many economists now blame for declining public services and growing inequality.
https://www.abc.net.au/radionational/programs/futuretense/modern-monetary-theory-and-its-challenge-to-neoliberalism/11735024
Its rival, the rather blandly named Modern Monetary Theory, promises to return economic planning to a less ideological footing.
It’s also keen to strike a blow against the “surplus fetish” that many economists now blame for declining public services and growing inequality.
https://www.abc.net.au/radionational/programs/futuretense/modern-monetary-theory-and-its-challenge-to-neoliberalism/11735024
