MMT in 150 words or less
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Submitted by athena1 on Fri, 11/16/2012 - 4:41am
Modern Monetary Theory is an economic system based on the principals of social justice and the observation that an economic system supposedly without a goal is like a highway system not designed to connect cities. Everything people design has a purpose, and the purpose of the current economic system is to redistribute wealth and power upwards. There is an alternative which is scientifically valid and based in morality. It's called Modern Monetary Theory.
Comments
I think this captures "public purpose" well
But not "the real operations" of the money system. Not sure I can remedy that....
Oh, definitely.
The public purpose part is the biggest selling point, tho, if the target audience is your average liberal. I'm still skeptical of the idea the other part can be put in 150 words.