Stephen Yearwood
1 min readOct 12, 2019

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Seriously, in large part thanks to you I have a thorough understanding of MMT. Unlike you, I also have a thorough understanding of a DDI.

I assume that at this point everyone agrees that civilization (as society with the rule of law) is in deep, deep trouble. It is in trouble in more ways that economically, but solving its economic problems can contribute directly to ameliorating the others and provide space for their further amelioration.

Civilization can no longer afford for ‘people of goodwill’ to engage in endless analysis and discussion. Any such people who exist have to settle upon the best idea available and advocate for it with all we’ve got.

The meaningful alternatives that are being talked about are a UBI in some form or using MMT prescriptively (which you did advocate your latest post to which I responded). As you say, any meaningful alternative has about the same chance politically. If everyone who supported any real alternative got together to advocate for one of them, however, that would at least give it a fighting chance.

DDI is the best alternative because solves the most problems in the simplest way.

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Stephen Yearwood
Stephen Yearwood

Written by Stephen Yearwood

M.A. in political economy (money/distributive justice) "Please don't confront me with my failures/ I'm aware of them" from "These Days," as sung by Gregg Allman

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