Oddbean

Midwit Monetary Theory is Keynesianism with postmodernism baked in. It’s a synthesis of ideas. Like the Commies, they learned long ago to never properly label things, never die on a hill (ie never actually have principles you can be tied to) - remain fluid so you can always retreat to justify your position and allow adherents to work their way to your justification. They’re pushing a synthesis of fascism and communism. Fascism in actual governance of “liberal democracy”, communism (cultural Marxism) in politics to set the culture or at least, aligned to the cultural elites they want to select for. The insidious thing is by the time normies wake up to what is going on, it will be irreversible. They don’t know how to apply lessons from history when it’s not directly (1:1) comparable (hence the obfuscation and synthesis) - their education doesn’t allow it nor do their information sources. We’re going to have to defeat this shit head on because they’re not gonna stop themselves.