The economy is the problem. It doesn't accurately model externalities that we now know are important (climate change) or that we've always known were issues (in

The economy is the problem. It doesn't accurately model externalities that we now know are important (climate change) or that we've always known were issues (inequality). The economy can be doing great and all of that value can be captured by a few people at the top, who then wreak havoc on everyone else. All the while the eco-sphere gets toasted because extracting value from natural resources at an ever increasing pace is also good for the economy. Both the environment and wealth inequality have hit or are very close to hitting the breaking point. My original point about MMT was that we'll need a radically new system to fix the problem. The one we have can't be brought there through the control mechanisms that exist.