Fossil fuel stocks are exploding in response to the war on Iran.
Who stands to benefit? The richest of the rich.
Who stands to lose? All of us who have to pay higher prices for energy and a new round of sellers' inflation.
"Every single country could afford this type of program."
Daniel Kostzer explains why a Job Guarantee is counter-cyclical: it shrinks when the economy grows and expands when needed most.
mmtuk.org/job-guarantee
#JobGuarantee #MMTUK #MMT
Register to attend for free – all are welcome! modernmoneylab.org/calendar
If you’re not in the D.C. area, stay tuned. We are in the process of organizing several more film screenings across the country, to be announced in the very near future.
Film poster. Text: Finding the Money – There's another side to the national debt.
Starting next week, MML U.S. is hosting its 1st public events in the D.C. area. Both events are screenings of "Finding the Money" + discussion of the film’s insights into our country’s money system & how those insights can help us build a better future for working-class people.
"Precarity so defines the human experience... I think it is absolutely essential that we have a decency floor." - @ptcherneva.bsky.social
We need a decency floor in America. We need a Federal Job Guarantee as a *standard feature* of the U.S. labor system.
www.youtube.com/watch?v=XWDq...
If yes, or if you work in a similar role, sign up and let's chat! www.modernmoneylab.org/office-hours
Are you an organizer seeking to understand what kind of narratives about public money can be leveraged to support your cause or the public in general?
Are you an educator seeking guidance on how to teach your students about how our public money system works?
Are you a policymaker or staffer looking for help in designing an anti-inflationary bill with a focus on affordability?
There's not a lot of straight talk when it comes to public money. That's why we're launching weekly Office Hours: to give the right people the guidance they need to ensure our public money system promotes fairness and affordability. www.modernmoneylab.org/office-hours
It's long past time we get to work making Dr. King's vision a reality. We hope you'll join us in doing so. Subscribe to our mailing list and stay tuned to learn more about how we plan to get there, and what role you can play: www.modernmoneylab.org#subscribe
#MLKDay
Mandating the means to economic freedom for all creates a stronger economy – one that is more resilient to financial crises, inflation, and social ills.
With a basic understanding of how our country's public money system works, it becomes clear that the vision Randolph, Rustin, and Dr. King outlined 60 years ago in the Freedom Budget is not only possible but essential.
He saw the economic freedoms outlined in the Freedom Budget not only as foundational to human rights, but also as a "political necessity" essential to maintaining "social peace" and ultimately as a "moral commitment to the fundamental principles on which this nation was founded."
Dr. King recognized that our country was entirely capable of accomplishing great things, such as a guaranteeing everyone access to a good job and to a basic, dignified standard of living.
It was a visionary economic plan that among other things called for "full employment for all who are willing and able to work, including those who need education or training to make them willing and able." Read the full document: www.prrac.org/pdf/FreedomB...
In 1966, Dr. #MartinLutherKing Jr. along with Bayard Rustin and A. Phillip Randolph, unveiled the "Freedom Budget for All Americans".
We need a better, more ambitious message when it comes to taxation. The rich *do not* fund our public services. We do. My latest for New Internationalist.
newint.org/equality/202...
