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this post was submitted on 23 Sep 2023
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the_dunk_tank
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From what I understand, MMTers generally posit the problem as primarily ideological rather than class interest which prevents the state from using it's power to help working people. Marxist of course see the state as a tool of class warfare.
For example (again, from what I understand), the Marxist sees the state not having universal employment and states this is to undermine the working class's power. The MMTer see the same phenomenon and says it is because the state doesn't believe it can simply create the currency/capacity to employ everyone.
Therefore, for the Marxist, the MMTer is engaged in a kind of idealism that denies the classed nature of society.
This is probably an oversimplification.
Deleted that because I guess original MMTers were trying for full employment while making the descriptions. I think that disconnect that I mention must be made much more clear though; that monetary policy is only secondarily related to unemployment, and it masks the direct powers that truly relate to unemployment