Friday, October 13, 2023
HomeMacroeconomicsLetter from The Cape Podcast – Episode 16 – William Mitchell –...

Letter from The Cape Podcast – Episode 16 – William Mitchell – Modern Monetary Theory


Episode 16 of my – Podcast – Letter from The Cape – is now available. Coming today from Kyoto, Japan

In this episode, we discuss the way that governments shed their responsibilities to provide adequate housing and public infrastructure through the use of the ‘de-risking’ narrative. This is core neoliberalism and has been used to justify the transfers of billions in public cash to profiteering private corporations as governments tell us they do not have the funds necessary to fulfill those responsibilities. In return, society endures degraded infrastructure and the reduced quality and scope of the services that emanate from the investment. A small segment of society pockets signficant wealth.

Duration: 9:28

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