:seinfeld:

Is it all lib hokum? I was in my local theory shop yesterday and was looking at The Deficit Myth by Stephanie Kelton, something I put on my reading list a year and a half ago.

Since then I've listened to and read Matt Bruenig's criticisms of MMT and found them pretty convincing but I haven't really spent much time reading the anything on the "pro" side.

Is this worth my time to read a book on MMT or is it just a distraction? Thoughts?

  • activated [he/him]
    ·
    3 years ago

    This is the worst podcast ever lol

    One of the hosts, read to die instantly:

    Maxx nails it 👇 I know it is weird to hear that money of all things is queer, because we largely associate it with capitalism and commodification.

    From our perspective, participation in governance (including monetary governance) mediates individuated wills from the start...

    https://twitter.com/agoingaccount/status/1341815617003925504

    This is what happens when stupid people bake their brains with continental philosophy for too long.

      • activated [he/him]
        ·
        3 years ago

        Continental philosophy is the best but some peoples brains just get melted by it and they either turn into this shit, or one of the Nick Land / Bataille type of bloggers.

        • PM_ME_YOUR_FOUCAULTS [he/him, they/them]
          ·
          3 years ago

          Some people's big takeaway from continental philosophy is that they can just write an incomprehensible salad of smart sounding words and be the next Derrida.

          Also, Nick Land, ugh. I remember in the aughts when it seemed like everyone was influenced by him into writing the most incomprehensible, yet vaguely apocalyptic shit. Glad all that seems to have gone straight down the memory hole

          • activated [he/him]
            ·
            3 years ago

            Yeah there's any annoying tendency for some people to just info dump the handful of things from Kant/Hegel/Deleuze/etc. they've read into only barely related discussions. Serious thinkers can actually synthesize new thought that doesn't require the reader have an undergraduate level education to know the context of.

            Glad all that seems to have gone straight down the memory hole

            Yeah turning into a turboracist tends to do that. Even ones I see reference him, typically talking about "hyperstition" which is a legit cool concept, omit his name if at all possible.