the_dunk_tank
It's the dunk tank.
This is where you come to post big-brained hot takes by chuds, libs, or even fellow leftists, and tear them to itty-bitty pieces with precision dunkstrikes.
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My "how the bourgeoise use it now" means this: for entities that the state wants to keep afloat and give larger portions of the pie, it does anyways. MMT as I understand it gives no prescriptions, but describes a framework for understanding monetary theory as it already is but economists don't realize. I agree that this description is fine for what it is, and can even be used to describe socialist governments in low level socialism (China, NEP, etc). What I disagree with is that it's doing anything more than describing and giving fake prescriptions based on that.
I'm not super familiar with Hudson, honestly. I read about imperialism from him (Super Imperialism) but not MMT.
I'm not done here but need to put down my phone for a bit. I'll be back later ti complete this post lol