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In this episode of 1Dime Radio, I am joined by Professor L. Randal Wray, a heterodox economist and a Pioneer of Modern Monetary Theory. In this episode, we demystify the history of money, what money is, and how modern money works in the economy today (how it is created and how the mechanics of government spending work, and the REAL function of Taxes. Most importantly, we discuss why MMT economists tend to prefer the "L. Randall Wray" over a Universal Basic Income (UBI). 

In The Backroom, Randy and I discuss tariffs, degrowth, reindustrialization, and get into the "tough questions" when it comes to the transition to a socialist society.  Become a Patron at ⁠Patreon.com/OneDime⁠ if you haven’t already!

Timestamps: 

00:00 Trump Tariffs (The Backroom Preview)

02:47 Discovering Modern Monetary Theory (MMT)

07:14 The Basics of MMT Explained

14:26 Central vs Private Banks

17:44 Historical Context of Money and Banking

30:03 The Evolution of Money and Markets

44:49 Gold, Cryptocurrency vs Fiat Money

01:01:17 The History of Central Banking

01:14:22 Inflation, the 1970s Stagflation, and the rise of Neoliberalism

01:39:33 The Job Guarantee vs. Universal Basic Income

02:01:55 Transition to The Backroom segment

Check out L.Randal Wray's "MMT for beginners" book: https://www.amazon.ca/Money-Beginners-Illustrated-Randall-Wray-ebook/dp/B0BXQS7SS6?ref_=ast_author_mpb

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Check out my main channel videos on MMT: https://youtube.com/playlist?list=PLyytc2-LIrN7kIRyPXghWjeb4MV_DDqBK&si=JyWw9QWw5TK_3LVO

Outro Music by Karl Casey

Give 1Dime Radio a 5-star Rating if you enjoy the show!

Get access to The Backroom Exclusive episodes on Patreon: ⁠⁠⁠https://www.patreon.com/OneDime.⁠

In this episode of 1Dime Radio, I am joined by Michael Downs (known for his Blog “The Dangerous Maybe”) - a working-class intellectual autodidact philosopher who recently published the book “Capital VS Timenergy: A Žižekian Critique of Nick Land.”  In this episode, we discuss the themes of his book, which cover the ideas of Nick Land and Curtis Yarvin (known as “Mencius Moldbug”), as well as the challenge of right-wing accelerationism. We also discuss “Timeenergy” as the basis of socialism and examine the question of whether socialism will be a “conservative” movement in opposition to the constant, accelerating change of capitalism. 

In The Backroom, Mikey and I discuss the long-awaited debate between Slavoj Zizek and Nick Land, Mikey’s experience meeting Zizek, and some philosophical questions regarding the rationale for socialism. Become a Patron at ⁠Patreon.com/OneDime⁠ if you haven’t already!

Timestamps: 

00:00 The Nick Land Vs Zizek Debate (The Backroom Preview)

02:59 The Good Will Hunting of Philosophy: Mikey’s Philosophical Journey

13:27 Nick Land and The CCRU 

26:32 Neoreaction (NRX), Mencius Moldbug, and the Dark Enlightenment 

31:05 Capitalism and Artificial Intelligence

47:04 Nick Land vs. Mark Fisher: Philosophical Differences

53:26 Right Vs Left Accelerationism

01:00:08 Technological Innovation The Human vs. Machine Debate

01:23:17 The Evolution of The Internet

01:24:13  Nick Land's Views on Race

01:42:50 Curtis Yarvin and Neoreactionary Thought

02:12:02 Corporate City-States and CEO Dictators

02:13:04 Democracy vs. Dictatorship

02:17:41 The Concept of “Timenergy” / (Time + Energy) 

02:24:40 Automation and the Future of work

02:46:24 AI and The Singularity

02:52:00 Transition to The Backroom 

Buy Mikey’s Book: https://www.amazon.com/Capital-VS-Timenergy-Žižekian-Critique/dp/B0F1N6HJDG

Check out Mikey’s Blog The Dangerous Maybe: https://thedangerousmaybe.medium.com

Follow Mikey on Twitter: JutlandGhost

Follow me on X: https://x.com/1DimeOfficial: 

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Check out my main channel videos: https://www.youtube.com/@1Dimee

Outro Music by Karl Casey

Give 1Dime Radio a 5-star Rating if you enjoy the show!

Get access to The Backroom Exclusive episodes on Patreon: ⁠⁠⁠https://www.patreon.com/OneDime.⁠

In this episode of 1Dime Radio, I am joined by political theorist Benjamin St. Studebaker, a PhD at Cambridge and author of the books “The Chronic Crisis of American Democracy” and “Legitimacy in Liberal Democracies,” on we are witnessing the “end of neoliberalism” (given the ongoing tariff wars and move away from globalization in favor of right wing populsim and protectionism). Whether “Neoliberalism” was really a useful concept in the first place.  We also discuss how liberal thinkers like  Ezra Klein and Francis Fukuyama have been moving away from neoliberal economics and towards a kind of neo-Keynesianism. 

In The Backroom, Benjamin and I discuss the idea of building educational “Monestaries” as an alternative to Academia and Benjamin’s idea of “vulture socialism.” Become a Patron at Patreon.com/OneDime if you haven’t already!

Timestamps: 

00:00 The Backroom Preview: Vulture Socialism and Monasteries

02:55 Welcome to 1Dime Radio

03:33 What was “Neoliberalism” actually?

35:26 The Pivot from China

42:34 Neoliberalism without China or the end of Neoliberalism? 

01:06:05 Trump’s Strategy with China: A Rational Wager?

01:12:54 China's Unique System vs India and Other Developing Nations

01:30:22 Degrowth and Third World Realities 

01:58:54 Transition to the Backroom

Follow Benjamin Studebaker on X: https://x.com/BMStudebaker

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Check out my main channel videos: https://www.youtube.com/@1Dimee

Outro Music by Karl Casey

Give 1Dime Radio a 5-star Rating if you enjoy the show!

Get access to The Backroom Exclusive episode on Patreon: ⁠⁠⁠https://www.patreon.com/OneDime.⁠

In this episode of 1Dime Radio, I am joined by economist Steve Keen to discuss the many myths of “Basic Economics” (Neo-Classical Economics), the end of Neoliberalism, the Trade Wars, Trump Tariffs, Marxism, and MMT (Modern Monetary Theory. In The Backroom on Patreon, Steve Keen talks about what Karl Marx got wrong, and what he got right, as well as his predictions for human civilization. Become a Patron at Patreon.com/OneDime if you haven’t already!Timestamps: 00:00 The Backroom Preview02:27 Steve Keen on Neoclassical ECONomics11:28 Why Economists Didn’t Predict The 2008 Crash15:22 Modern Monetary Theory Proven Through Mathematical Models42:27 Trump Tariffs and The End of Globalization50:20 Reindustrialization, AI, and Automation01:05:20 The Left-Wing Origins of Neoliberalism 01:13:14 Why Social Democracy Failed01:24:41 What Marx got Wrong (and what he got Right)Check out Steve Keen’s YouTube Channel: ​⁠​⁠​⁠​⁠ @ProfSteveKeen  Follow me on X: https://x.com/1DimeOfficialFollow me on Instagram: ⁠instagram.com/1dimeman⁠Check out my main channel videos: https://www.youtube.com/@1Dimee1Dime MMT Content: https://youtube.com/playlist?list=PLyytc2-LIrN7kIRyPXghWjeb4MV_DDqBK&si=s7aBz5IfLSYEK6X3Outro Music by Karl CaseyLeave a like and a comment if you enjoy the show!

In this episode of 1Dime Radio, I am joined by JT Chapman, the man behind Second Thought, the largest socialist YouTube channel at the moment, and The Deprogram Podcast. JT and I discuss the experiences and challenges in producing independent media, the importance of optics, and what Socialism in America could look like. In The Backroom on Patreon, JT debates Marxism-Leninism and talks about the online-left ecosystem.

Become a Patron and get access to The Backroom Exclusive episodes on Patreon if you haven’t already!: ⁠⁠⁠https://www.patreon.com/OneDime.⁠Timestamps: 00:00 The Nebula Controversy: JT’s Stand on Israel03:54 JT Chapman's YouTube Journey: From SlopTuber to Biggest Socialist YouTube Channel09:14 JT's “Radicalization” Journey25:52 Independent Media43:02 Socialism: The Tough Questions43:43 Challenges of Achieving Socialism 55:45 Modern China01:02:37 Patriotic Socialism 01:42:47 FREE SPEECH01:54:57 Preventing Excessive State Power02:01:47 How is JT so productive? Check out Seccond Thought: https://www.youtube.com/@SecondThoughtThe Deprogram Podcast: https://www.youtube.com/@thedeprogram9999Follow me on Instagram: ⁠instagram.com/1dimeman⁠Check out my main channel videos: https://www.youtube.com/@1DimeeMy Video Collabs with Second Thought: https://youtube.com/playlist?list=PLdV0zjZxc1dDUgFhhvWFm2pHR4dJmCRPh&si=ToKX_iFc5nto9HPuOutro Music by Karl CaseyLeave a like and a comment if you enjoy the show!

Get access to The Backroom Exclusive episodes on Patreon: ⁠⁠⁠https://www.patreon.com/OneDime⁠

In this episode of 1Dime Radio, I am joined by homie  @JREG   to chat about the Politics of "Zoomers" (Generation Z/Gen Z). In The Backroom segment  on Patreon, we give some hot takes and find out what Jreg "Really Believes."  Become a Patron and get access to over 55 bonus episodes if you haven't already!

Timrstamps: 

00:00 The Backroom Preview 

02:31 Introduction to One Dime Radio with JREG

04:22 Zoomer Zeitgeist and Political Engagement

08:20 Irony, Nihilism, and Political Identities 

41:22 Climate Change  Doomerism

44:50 Is Jreg Irony Poisoned?

1:08:10 Accelerationism and AI

1:24:42 Finding Community In a Terminally Online World

Jreg's YouTube Channel:https://www.youtube.com/@JREG/featured

Check out the Horseshoe Theory Podcast:  https://open.spotify.com/show/15ILmbGEi4yUlPtsFryzKM?si=a0376e56131843e7

Check out my main channel videos: https://www.youtube.com/@1Dimee

Follow me on Instagram: ⁠instagram.com/1dimeman⁠

Outro Music by Karl Casey

Leave a like and a comment if you enjoy the show!

Get access to The Backroom and 55+ exclusive podcast episodes on Patreon: https://www.patreon.com/OneDime⁠⁠

In this episode of 1Dime Radio, I am joined by Dr. Touré Reed (Son of Adolph Reed Jr.) to discuss his book “Toward Freedom: The Case Against Race Reductionism” In the Backroom on Patreon, Touré and I discuss the question of Reparations and misconceptions surrounding black politics. 

Timestamps: 

00:00 The Backroom Preview 

03:59 Toure Reed on Adolph Reed

06:02 Race Reductionism 

25:20 The New Deal & Black Americans

39:22 Bernie Sanders and “the Black Vote”

50:36 Shift from Class to Cultural Explanations of Inequality: The Moynihan report

58:02 Ethnic Pluralism and Culture of Poverty

01:01:19 Intersectionality and Class Politics

01:07:48 The Problem with Anti-Racism

01:35:59 Transition to The Backroom

Check out Touré Reed’s Book: reed-toure

Check out Touré Reed’s talks on Jacobin: https://youtu.be/JgLk3k7PCzc?si=9uEEztcrRU2Xt5-D

Follow me on X: 1DimeOfficial

Follow me on Instagram: ⁠instagram.com/1dimeman⁠

Outro Music by Karl Casey

Be sure to give 1Dime Radio a 5 Star Rating if you enjoy the show!

Get access to The Backroom and over 55 exclusive podcast episodes on Patreon: https://www.patreon.com/OneDime⁠⁠

In this episode of 1Dime Radio, I am joined by Professor Fadhel Kaboub, Professor of Economics at Denison University, specializing in Modern Monetary Theory (MMT) in the Global South, particularly Africa. In this conversation, I ask Fadhel about whether MMT applies to developing countries in the "third world" and how developing countries can achieve monetary sovereignty and economic independence. I also asked him questions about BRICS, decolonization, Degrowth, and various related topics.  A lot of gold  

Timestamps:

00:00 BRICS Won't Save the Global South

03:03  How Fidel Kaboob got into Modern Monetary Theory 

06:48 Monetary Sovereignty

13:20 Inflation and Monetary Sovereignty 

20:18 Currency Sovereignty in the Global South

33:09 Case Studies: Venezuela and Zimbabwe

50:09 Economic Sovereignty in Developing Countries

59:48 The Geopolitical Bargain of the Century

01:06:29 Uniting the Global South

01:23:37 Degrowth

01:33:39 Migration as Economic Imperialism

01:43:26 Decolonization 

01:54:21 MMT and Statism

02:00:41 Price Setting and Redistribution

Check out Fadhel Kaboub on Twitter/X: https://x.com/FadhelKaboub

More 1Dime MMT Content: https://youtube.com/playlist?list=PLyytc2-LIrN7kIRyPXghWjeb4MV_DDqBK&si=s7aBz5IfLSYEK6X3

Follow me on Instagram: ⁠instagram.com/1dimeman⁠

Outro Music by Karl Casey

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Warren Mosler, the founder of Modern Monetary Theory (MMT), comes on 1Dime Radio to talk about MMT, what Elon Musk's DOGE (Department of Government Efficiency) gets wrong, Trump's tariffs, inflation, and an alternative for a better tax system.DISCLAIMER: The audio for this is not very good because Warren Mosler had bad internet on his end, but after some editing, now hopefully, it's still listenable.

Get access to The Backroom and over 55 exclusive podcast episodes on Patreon: https://www.patreon.com/OneDime⁠⁠
Timestamps: 00:00 Magic Money Computers?1:08 Trump's Tariffs 4:21 Unpacking Modern Monetary Theory (MMT)9:10 Spending and Inflation31:37 Taxation, Abolishing the IRS34:32 Job Guarantee vs. Universal Basic Income44:12 Taxes, Tariffs and TradeCheck out Warren Mosler's work and his books such as "Soft Currency Economics" and "Seven Deadly Frauds" : https://moslereconomics.com/More 1Dime MMT Content: https://youtube.com/playlist?list=PLyytc2-LIrN7kIRyPXghWjeb4MV_DDqBK&si=s7aBz5IfLSYEK6X3Follow me on Instagram: ⁠instagram.com/1dimeman⁠

Outro Music by Karl Casey

Give 1Dime Radio a 5-star rating if you enjoyed the show!

Get access to The Backroom Exclusive episodes on Patreon: ⁠⁠⁠https://www.patreon.com/OneDime⁠

In this episode, Professor Christian Parenti, son of the Legendary Michael Parenti, comes on 1Dime Radio to make the "leftist case for Kash Patel" and talks about his article "The Cargo Cult of Woke." In The Backroom on Patreon, we talk about his spicy article  "How the Organized Left Got the Pandemic Wrong." Become a Patron at Patreon.com/OneDime if you haven’t already done so!

Timestamps: 

00:00 The Backroom Teaser: The Left's Response to the Pandemic 

02:23 Christian Parenti Introduciton

03:29 Compact Magazine and Funding Concerns

10:52 The Leftist Case for Kash Patel as Head of FBI? 

41:46 Will Trump Subordinate The Deep State? 

52:37 The Left's Historical Critique of the FBI

01:03:34 The Origins of Woke Politics

01:27:18 CIA's Influence on the Left 

01:59:15 Transition to The Backroom

Check out my main channel video essays: https://www.youtube.com/@1Dimee/videos

Follow me on Instagram: ⁠instagram.com/1dimeman⁠

Outro Music by Karl Casey

Give 1Dime Radio a 5-star Rating if you enjoyed the show!