Episode 20

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Published on:

15th Jun 2019

Our Money: From the Pulpit to the Street with Rev. Delman Coates

“We’ve been given the wrong answers to the right questions,” says Steve’s guest Reverend Delman Coates, founder of the new organization, Our Money. “As a faith leader, it’s time to reclaim a theology of economics.”  
 
Rev Coates recounts that being a pastor, he sees too many people who follow all the rules yet find themselves dislocated and struggling. Understanding that money can be distorted and manipulated, and its relationship to pain and poverty in the world today, he set out to learn the structural and systemic causes. It led him to Modern Monetary Theory. 
 
Beyond the perceived differences between communities in SE Washington DC, Appalachia, or Ohio, the one thing that unites us is the reliance on money to buy goods and services, to keep a roof over our heads, and to provide for our families. Our Money advocates for more government investment in society’s priorities, preferring the creation of currency through public spending rather than private lending by banks.
 
“As a faith leader, it’s time to reclaim a theology of economics.” Rev Coates believes we can move towards a moral economy that works for us and not against us. His eloquence and clarity makes believers of us all.
 
 

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Listened to 31 Aug ep 292. I'm no MMTer, but this ep was compelling. Pls have show w smart person who disagrees like M. Hudson or R Wolff.
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Macro N Cheese
The MMT podcast for the people!
A podcast that critically examines the working-class struggle through the lens of MMT or Modern Monetary Theory. Host Steve Grumbine, founder of Real Progressives, provides incisive political commentary and showcases grassroots activism. Join us for a robust, unfiltered exploration of economic issues that impact the working class, as we challenge the status quo and prioritize collective well-being over profit. This is comfort food for the mind, fueling our fight for justice and equity!
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Steven Grumbine

Steve is a lot more than just the host of Macro N Cheese, he's the founder and CEO of two nonprofits and the “less is more" project manager! He uses his extensive knowledge of project management, macroeconomics and history to help listeners gain a vision of what our future could look like.