After well over a hundred years we still have a challenging task facing us to explain what capitalism and socialism relly means when we have confusionist reformists dominating the web
http://www.truth-out.org/opinion/item/43082-but-how-will-we-pay-for-it-modern-monetary-theory-and-democratic-socialism
"Neo-Chartalist Democratic Socialism" what the hell does that mean
No longer is the debate about private, public social or common ownership, the argument is about passive versus active ownership
Quote:
The state creates unemployment by imposing a monetary survival-constraint through various financial obligations (such as taxes, duties, fees, fines, etc.). One partial but significant solution to unemployment issues is that a job be offered to anyone who wants one.
Not only is money created by a stroke of the pen, but jobs too…