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Why does a state like California that has supermajorities in both houses of the legislature not have a livable wage, housing guarantees, universal healthcare, and other very progressive policies? (lemmy.world)

submitted 7 months ago by return2ozma@lemmy.world to c/asklemmy@lemmy.ml

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I keep being told it's because of the Republicans that we can't have nice things. So what gives in California? We should be overflowing with progressive policies.

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[–] Blizzard@lemmy.zip 5 points 7 months ago (1 children)

The solution of not having enough money is to print more money? I couldn't figure if you're serious but apparently you are...

[–] davel@lemmy.ml 2 points 7 months ago* (last edited 7 months ago) (1 children)

I think @novibe@lemmy.ml is oversimplifying by quite a lot, but not completely off base.

The most condensed explanation I’ve found is by Second Thought: Why The Government Has Infinite Money.
The links in the description are great as well, addressing some common questions and counter-arguments.

New documentary film: Finding the Money (BitTorrent magnet link)
The film barely makes any class analysis, but is otherwise good.

If you want a Marxian economic perspective, I highly recommend Michael Hudson. He dispels a few misconceptions here: The Use and Abuse of MMT

[–] PipedLinkBot@feddit.rocks 1 points 7 months ago

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Why The Government Has Infinite Money

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