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@videotroph.bsky.social
@moneyontheleft.bsky.social

(posts do not reflect the views of my employer)
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"While the credit theory explains the mechanics of how all banks create money, current law is designed to punish institutions that act on this reality for the public good; therefore, we must redesign the legal framework to make public grant-making possible."

moneyontheleft.org/2025/11/11/b...
bugs bunny is sitting at a table with a purse and stacks of money
ALT: bugs bunny is sitting at a table with a purse and stacks of money
media.tenor.com
December 8, 2025 at 8:53 PM
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Few animate with paint on glass. But Martine Chartrand wanted to do it. So, she flew across the world to learn from the best -- Alexander Petrov.

He mentored her. In turn, she fought to revive his struggling career. We explore:
animationobsessive.substack.com/p/two-artist...
December 8, 2025 at 10:54 PM
A thoughtful conversation about contemporary Chinese political economy in a global context.

Cc: @austerityismurder.bsky.social
Episode 357 - Socialism with Chinese Characteristics with Yan Liang
Yan Liang and Steve Grumbine apply the MMT lens to China’s economic strategy, capital controls, and global partnerships. This is crucial for anyone serious about anti-imperialism and monetary sovereig...
realprogressives.org
December 8, 2025 at 9:23 PM
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bring back shame, combat vice signaling
we all got cowed into avoiding "virtue signaling" as if the public affirmation of socially agreed upon ethical principles was somehow cringey instead of a significant part of what a "society" even is. now all there's left is vice signaling, and it's reshaping society.
December 8, 2025 at 7:34 PM
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"Since the beginning of the Trump Administration, the CFPB has not only shut down all investigations into potential law-breaking, it has also been quietly dismissing or rolling back settled enforcement cases." - @jayapal.house.gov #stopvought #savecfpb
Jayapal Demands Answers on Canceled Consumer Protection Actions - Congresswoman Pramila Jayapal
SEATTLE, WA — U.S. Representative Pramila Jayapal (WA-07) is demanding answers from Russ Vought, the Acting Director of the Consumer Financial Protection Bureau (CFPB), regarding the Bureau’s ongoing…
jayapal.house.gov
December 8, 2025 at 4:31 PM
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From Jesús Colón, Bernardo Vega, Matias Nieves, Oscar García Rivera to AOC, Julia Salazar, JGR, Tiffany Caban, Alexa Avilés, Claire Valdez:

@elivalentinny.bsky.social reminds us that today's Latina socialist electeds reflect both a new chapter in NYC Latine politics and a reversion to its origins.
“The beginnings of Latino politics in New York largely embraced a brand of socialism and was principally the domain of Puerto Ricans,” @elivalentinny.bsky.social writes. “This group organized an entire political movement focused on racial and social justice.” citylimits.org/opinion-the-...
Opinion: The Socialist Roots of Latino Politics in New York - City Limits
"The beginnings of Latino politics in New York largely embraced a brand of socialism and was principally the domain of Puerto Ricans."
citylimits.org
December 8, 2025 at 4:27 PM
Know your rights. Protect your neighbors.

New York is — and always will be — a city for all immigrants.
December 8, 2025 at 2:26 AM
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Everyone participates in society, but only some participation is counted as contribution.

It’s tempting for post-work traditions to say the problem is formalizing obligation, but really what is absent is a job guarantee framework that takes responsibility for whether all participation is dignified.
This is so disgusting.
December 7, 2025 at 11:22 PM
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"Neoliberal Public Finance constrains democratic possibilities by perpetuating the idea that money is always private, uncontrollable, & scarce. This ... trains politicians and publics to treat fiscal sabotage as an impersonal event to be managed, not contested."
Democratic Public Finance: A Radical Vision for Mamdani’s New York City
Summary This document elaborates an emerging economic paradigm that is already latent in Zohran Mamdani’s plans and practices. The paradigm, which we call Democratic Public Finance (DPF), reframes …
moneyontheleft.org
December 7, 2025 at 11:18 PM
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The UK economy is not like a household, it’s much more like a spaceship with a vat of potato salad instead of a fuel tank and a shark-infested Olympic-size swimming pool instead of sleeping quarters for the crew.

The sooner we all wake up to this reality the better.

#PotatoSaladLens
December 7, 2025 at 4:05 PM
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Many thanks! There’s more here if these ideas are of interest: linktr.ee/robhawkesMotL

My MotL contributions include discussions of Gissing, Wharton, Galsworthy, Larsen, Fitzgerald, & B. S. Johnson. I’m now working on an article on Ripley (and one day I’ll finish the book I’m writing on all this).
Rob Hawkes @MotL | Instagram | Linktree
My contributions to Money on the Left are available via the links below 🪄💰
linktr.ee
December 7, 2025 at 10:58 AM
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Reposted by videotroph
Helping us to imagine a more just and equitable future, As Public as Possible proposes a specific set of financial policies aimed at providing a high-quality and truly public education for all Americans, regardless of wealth and race.

moneyontheleft.org/2025/12/01/r...
December 7, 2025 at 1:11 PM
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"The loan model makes urgent community investment dependent on the ability to generate a profit and repay, when, in fact, the entire reason these initiatives require public support is the absence of a prospect for private sector profit."

moneyontheleft.org/2025/11/11/b...
a cartoon of a penguin wearing a baseball cap and sunglasses says need a loan
ALT: a cartoon of a penguin wearing a baseball cap and sunglasses says need a loan
media.tenor.com
December 7, 2025 at 1:13 PM
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"If the whole system is a bureaucracy of made-up debts and accusations, then democratic action appears mainly as refusal and jubilee. ... What falls out of view is the possibility that public credit need not be organized primarily as repayable, quantified monetary debt at all."
The Utopia of Refusal: David Graeber, Debt & the Left Monetary Imagination
by Will Beaman & Scott Ferguson Note: David Graeber leaves behind a rich and complex body of work that remains influential for leftist thought and practice. Since his passing in 2020, however, …
moneyontheleft.org
December 7, 2025 at 1:15 PM
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I need imaginative incentives in order to be drawn into modern discussions of money. Glimpses of what Rob Hawkes is thinking about in relation to novels - The Good Soldier, Patricia Highsmith and, surprise entry, Jeanette Winterson - are helpful as a way in to this thinking.
December 7, 2025 at 10:29 AM
Not to kink shame, but most economists are gravity pervs who disavow their own desire for the playful Looney Tunes pics they love to post in order to justify austerity. Unfortunately, this cuts across left & right orientations. Do better.
December 6, 2025 at 3:13 PM
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So is @moneyontheleft.bsky.social’s.

I agree Murphy seems completely out to lunch, but to use his vulgar MMT 101 stuff in order to steer the conversation back to orthodoxy rather than think about how these insights about public finance could be more creatively incorporated is short-sighted. Imo.
December 6, 2025 at 10:59 AM
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I’m sure many people would be eager to respond to any actual arguments you make besides these appeals to the instincts of imaginary voters who take all their cues from what neoclassical economists think is sensible.

But in the meantime I’ll just say you sound like a conservative.
December 6, 2025 at 10:47 AM
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How about tax billionaires because they destroy democracy? Not because seizing their yachts creates material capacity for healthcare, which would be the material corollary of taxes ENABLING spending as a causal matter.

If you say everyone crowds out someone else, that’s a right wing premise.

4/
December 5, 2025 at 11:13 PM
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And yes, the Corbyn etc. rejoinder is that it’s at the expense of billionaires. But there are so many reasons tax billionaires out of existence that don’t cede all of this zero sum social framing to the far right.

3/
December 5, 2025 at 11:13 PM
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To repurpose Foucault (Postmodern Monetary Theory?) it’s an “incitement to discourse.”

Saying that something is “fully costed” doesn’t close the question—it opens up “costing” as a discursive field where certain subjects are summoned to account for themselves at the expense of others.

2/
December 5, 2025 at 11:13 PM