Sam Gindin

Modern Monetary Theory and Anti-capitalist Strategies

The pandemic-induced disruption of the global economy of neoliberal capitalism has strengthened the appeal of Modern Monetary Theory (MMT). The fundamental idea of this policy prescription is that state spending, a national budget deficit, can be used to combat recession. Raising overall demand in a given country will facilitate a recovery insofar as there is […]

Why Are We Afraid of Naming and Confronting Capitalism?

The ideological deficiency, not to say the total lack of ideology, within the national liberation movements — which is basically due to ignorance of the historical reality which these movements claim to transform — constitutes one of the greatest weaknesses of our struggle against imperialism, if not the greatest weakness of all.
—  Amilcar Cabral1