It is a brave economist who dares to say, "the mainstream approach to economics... is part of an ideological structure to reinforce power relations."If these power relations are keeping capitalism in place, and if capitalism has reached its use-by date, then we somehow need to change our political economy.Understanding what is possible is the first step. Imagine a world where no one worries about the federal debt. A brand of economics known as Modern Monetary Theory (MMT), reveals the so-called government debt is just a smokescreen for maintaining the status quo. Show NotesAnnual Lecture at the University of Helsinki by Professor William Mitchellhttps://www.youtube.com/watch?v=JFpD_g8dgsIModern Monetary Theory: Economics for the 21st Century, free, online, 4-week course by mmted.orghttps://www.edx.org/course/modern-monetary-theory-economics-for-the-21st-centuryCreditsTheme MusicPleading Ignorance, by Ed Kuepper, from the album Starstruck.https://edkuepper.com/Additional AudioToo Many Things, by Ed Kuepper, from the album Starstruck.https://edkuepper.com/https://orangefreesounds.com/quiz-show-background-music-loop/https://orangefreesounds.com/fat-warm-dreamy-synth-pad-sounds/Songs permitted for non-commercial use under license “Attribution-NonCommercial 4.0 International (CC BY-NC 4.0)”https://orangefreesounds.com/magic-transition/Sound effects are permitted for non-commercial use under license “Attribution-NonCommercial 4.0 International (CC BY-NC 4.0)”https://www.youtube.com/watch?v=lBYI_lWEK7wN FULL: Treasurer Jim Chalmers speaks about the economy, rising interest ratesABC News (Australia)Press Conference on Jul 18, 2022https://www.abc.net.au/radionational/programs/backgroundbriefing/8319442https://www.abc.net.au/radionational/programs/backgroundbriefing/8319442How Centrelink's 'robodebt' ran off the railsABC Background Briefing, 5 March 2017https://www.youtube.com/watch?v=wxzW1qEvpF8Scruffy Looking Nerf HerderOct 19, 2017