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Monthly Review Blog

Tyrants of the Caribbean

Tyrants of the Caribbean

Now he does feel his title Hang loose about him, like a giant’s robe Upon a dwarfish thief.  —Macbeth, Act V, Scene 2  When tyrants feel they are losing their grip on power, they resort to dramatic gestures. And sometimes carry them out. Since 1984, the so-called War...

Democratic Public Finance

Democratic Public Finance

Billy Saas and Scott Ferguson are joined by Will Beaman to discuss Money on the Left’s framework for what we call “Democratic Public Finance” (DPF). According to this paradigm, money is public credit, a capacious tool for mobilizing everyone’s capacities to meet our...

Speculation, tariff threat and the working people

Speculation, tariff threat and the working people

It may be thought that just as any tendency towards a financial outflow causes a squeeze on the living conditions of the working people via an exchange rate depreciation, any opposite tendency, towards an inflow of finance (in excess of the autonomously determined...