National Debt

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Behind the Money Curtain: A Left Take on Taxes, Spending and Modern Monetary Theory
Kavanagh, Jim
Article
2018
Taxes do not fund government spending.That's a core insight of Modern Monetary Theory (MMT) whose radical implications have not been understood very well by the left. Indeed, it's not well understood ...
Bleeding the Patient: The Debt/Deficit Hoax Exposed
Article
1993
An edited transcript of a four-hour discussion held by nine progressive political economists. Discusses the hysteria around the government debt-deficit issue and the difficulty in developing counter-a...
Das Capital, Volume 1: A Critical Analysis of Capitalist Production
Marx, Karl
Book
1867
Marx's great work sets out to grasp and portray the totality of the capitalist mode of production, and the bourgeois society that emerges from it. He describes and connects all its economic features, ...
Devastating Crisis Unfolds: Against The Current vol. 132
Brenner, Bob
Article
2008
Bob Brenner, for the ATC editors. The current crisis could well turn out to be the most devastating since the Great Depression. It manifests profound, unresolved problems in the real economy that have...
Finance as Warfare: the IMF Lent to Greece Knowing It Could Never Pay Back Debt
Peries, Sharmini; Hudson, Michael
Article
2017
An interview with economist Michael Hudson, who argues that the International Monetary Fund provided loans to Greece with the deliberate intention that the country be forced to go into default and be ...
The Prosperous Few and the Restless Many
Chomsky, Noam
Book
1993
a collection of short commentaries by Noam Chomsky on global issues, drawn from interviews in the early 1990s. Topics include global economics, racism, NAFTA, and hot topics of the day.