COSTRUIRE UN’ECONOMIA SALVA VITE, SALVA STATO, SALVA DEMOCRAZIA

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Mariarca Memorial

 

 

 


 

 

ITALIAN

The MMT team

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THE TOPICS THAT WILL BE PRESENTED...















ORGANIZING TO SAVE OUR LIVES AND DEMOCRACIES

THE ITALIAN MMT SUMMIT 2012

A PAGE FOR ACTIVISTS COMMITTED TO MAKING MODERN MONEY THEORY GOVERNMENT POLICY IN THEIR COUNTRIES.

 

Dear International Friends and would-be MMT organizers the world over,

I will not mince words: the Neoliberal, Neoclassical and Neomercantile elites are on the verge of finalizing what amounts to a decades long plan to emasculate sovereign democratic States, their monetary and fiscal powers and us, the citizens. In other words: DEMOCRACY. The evidence of this unprecedented plundering of entire sections of our societies, of entire States like Greece or Ireland, and of the growing despair among millions of families and even firms is undeniable. No need to comment further. We must act. However:

The sophistication and the financial means they employed are massive, the intricacies of their ploy are utterly beyond the comprehension of the ordinary folks. Bluntly put: they win because workers and citizens do not comprehend what’s going on, and are routinely fooled into blaming the wrong institutions or policies. It is now of paramount importance not just to expose the elites’ crimes against democracy, but above all to be able to PROPOSE a strong, authoritative and democratic alternative to the ruling Neoliberal, Neoclassical and Neomercantile dogmas. Enough with slogans, anger or demonstrations. They do nothing to dent the elites’ colossal powers. What is needed is

 

Sane Economics for a Just and Safe Coexistence in Democracy as government policy.

 

To my knowledge, the only scholarly theoretical structure that can today propose such a people-centred alternative to the Neoliberal, Neoclassical and Neomercantile dogmas is the MODERN MONEY THEORY (MMT) approach. It is an economic doctrine that works by redressing the gravest social and financial imbalances in contemporary times, and that finds its roots in the work of Knapp, Keynes, Minsky, Godley and other giants of XX century economics. More: MMT is possibly the only theoretical construct that at present could put history back on its tracks. MMT simply shifts the control of the larger slice of the common good back to its rightful owners: us the people, and the States that we democratically legitimize. And it works, not just here in the North, but just as well in the Developing World.

The people must be informed of the unprecedented possibilities that the MMT approach offers to a sovereign government, that can use MMT to provide full employment, full Social Security, full education, price control and even help firms, by simply understanding the real nature of modern money. Plus a lot more. To inform people of this life saving and nation saving opportunity that the mainstream will never divulge, we need highly motivated activists, thousands of them. Very well: precisely in order to instruct activists on the MMT approach I first published here in Italy a comprehensive essay on the Neoliberal, Neoclassical and Neomercantile ploy, that includes the basics of the MMT approach. Then I launched a nation wide appeal asking readers to fund a grass root initiative to bring to Italy the MMT scholars of the US and Europe to run a seminar on MMT and the ploy. They are:

Professors STEPHANIE KELTON – WILLIAM BLACK – MICHAEL HUDSON – MARSHALL AUERBACK, and as a special guest from France, ALAIN PARGUEZ. (For the contents of the 24-26 of February Italian MMT Summit click here)

 

It will be at this summit that we will lay the foundations of an Italian rebellion against the Financial Coup d’Etat that’s engulfing our countries, but with a difference: we will have a powerful, scholarly, sound instrument at our disposal to run our economies, that are our lifelines, that are our democracies. It’s called MODERN MONEY THEORY. Not just slogans, not just anger.

The Italian MMT Summit will be held from the 24th to the 26th of February 2012 at the 105 STADIUM in Rimini. You can replicate all this in your country, the MMT scholars are happy to assist you in any way they can.

I hope this is inspirational for you. What’s at stake is truly the most precious thing we have to protect the lives of our children and ours: DEMOCRACY.

 

Paolo Barnard, journalist

Italy, January 2012

 

For in depth on MMT visit http://neweconomicperspectives.blogspot.com/

For contacts with the MMT scholars write to Questo indirizzo email è protetto dagli spambots. E' necessario abilitare JavaScript per vederlo.

For an English version of my primer on the Neoliberal, Neoclassical and Neomercantile ploy plus basic MMT click here.

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