Don’t know why he wastes time criticizing him since JT doesn’t do anything wrong. Also really funny that him and other commenters are complaining about The Deprogram being like Chapo.
Upon deeper research, it turns out Day used to post on the subreddit to dunk on BadEmpanada, which is funny since Day himself has strong BadEmpanada vibes.
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