Episode 13

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Published on:

27th Apr 2019

Public Money & The Right to a Job with Raul Carrillo

Steve Grumbine’s guest is Raul Carrillo of the New Economy Project and Modern Money Network.  As an anti-poverty & economic justice attorney he has a unique perspective on the monetary system.
Raul talks about his seminal article, “The Dangerous Myth of Taxpayer Money,” and the legal history of taxation, citing the Supreme Court ruling that the gov’t has power to issue money backed only by the full faith & credit of the US gov’t - not backed by gold, taxes, or bonds.  He reveals some startling facts about the connection between taxation and the civil rights struggle for public education.
Raul & Steve discuss the scramble to find truncated ways to present complex ideas.   Progressives must attack false scarcity, which is at the core of both conservative & liberal thinking.  Raul says that fighting for the Job Guarantee brings people to understand the concentration of power.  It’s an awareness that can create the momentum to take on the system itself.
 
Racial Taxation: Schools, Segregation, and Taxpayer Citizenship, 1869-1973, by Camille Walsh
https://www.uncpress.org/book/9781469638942/racial-taxation/
https://splinternews.com/the-dangerous-myth-of-taxpayer-money-1819658902
@RaulACarrillo on Twitter
Modern Money Network https://modernmoneynetwork.org/
New Economy Project https://www.neweconomynyc.org/
 
Special Thanks to Geoffrey Ginter for the excellent intro song! And of course special thanks to our guest Christian Reilly, the donors of Real Progressives and our excellent staff of volunteers.

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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.