“The New Deal gave a select group of people rights. At the same time, it undermined moral economy. So, it gave them a right without the knowledge and the practices that are necessary to defend them, without the institutional understanding that chartalist or chartalist thought had given them in the past.”
Chartalism and Cheese
Chartalism and Cheese
Chartalism and Cheese
“The New Deal gave a select group of people rights. At the same time, it undermined moral economy. So, it gave them a right without the knowledge and the practices that are necessary to defend them, without the institutional understanding that chartalist or chartalist thought had given them in the past.”
— Jakob Feinig on Macro and Cheese
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