Modern Money, Public Purpose, and Democracy

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MEDIA ROOTS — Modern Money and Public Purpose is the 2012-2013 Series on Contemporary Issues in Law and Political Economics at Columbia Law School. The video below displays some hard-hitting, yet, little-known truths about our economy. We can broadcast the truth about money and the people’s democratic sovereignty to control it, especially given the false economic crises facing Americans–where unnecessary … Read More

Can The USA Really Run Out Of Dollars?

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MEDIA ROOTS — Obama’s attacks on the social safety net continue, fueled by the claim the USA is running out of dollars. During the recent Steinhardt Lecture at Lewis & Clark College in Oregon, UMKC Professor L. Randall Wray debunked various economic myths marketed in today’s headlines, which are enforced in universities and echoed by the Obama Administration. These same … Read More

Turning Pine Sap Into ‘Ever-Green’ Plastics

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MEDIA ROOTS — If scientists working for petrochemical corporations can manipulate molecular structures to derive new substances, plastics, so can scientists working for a greener agenda. Messina *** SCIENCE DAILY — Plastic bags are a bane of nature. And not just bags — just about all plastics, really. Most are made out of petroleum, and a piece of plastic, if … Read More

MR Transcript – America’s ‘War On Kids’

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MEDIA ROOTS — Life in modern USA is increasingly polarised. A false two-party system, designed and executed by the elite class, erodes democracy and allows elites to continue to swim in money whilst public institutions, such as schools and parks and post offices, cease to operate. Public purpose is often distorted and the social contract is undermined, as families are dispossessed. … Read More

MMT: Why the USA Is Not Broke

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MEDIA ROOTS — If you’ve taken Economics 101, you may have had the same realisation I did when the course reached the part where the USA, for example, goes off the gold standard and the dollar becomes a purely fiat currency with no gold or anything tangible backing it.  When the issues of the business cycle arise, the inherent boom … Read More

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