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firstmakeitwork.org/2023/09/16

  • The Role of MMT in Mahinism

    MMT clearly asserts that money represents debt. Mahinism asks, “What is finally owed?” and drags in the Laws of Thermodynamics. The “debt” of MMT is embedded in Mahinism as the measure of the money in circulation.

  • The Dice Are Always Loaded

    Our money is evolving as debt; it represents debt, and at this late date, debt with interest. It has been evolving as debt for 5000 years, and David Graeber explained this evolution in detail. But evolution does not confer correctness on a definition. Indeed, evolution is a process of trial and error, and the errors…

  • A Ban on Social Media; not just for the children anymore.

    It turns out that characteristics of some social media, in particular the use of an algorithm to determine who sees what, and who gets seen, combined with the profit motive and anonymity, are incompatible with ANY functional human society. This is ONE of the reasons our society is breaking apart.

  • Applying Mahinism to your Questions

    In here I will examine topics that don’t appear in the book, per the questions asked about how a given market system can work using Mahinist principles. These examples USE Mahinism, so everyone has a UBI, nobody HAS to do any specific job, and the society is paying for the work. Ownership alone does not…

  • The NZ Economic Cycle (a Bipolar Disorder)

    The New Zealand cycle of austerity and prison-building.

  • Replacing Wellington’s Pipes – who pays?

    How our prehistoric methods of funding local government fail to deal with human nature and the laws of thermodynamics to give us failing infrastructure and insanely rising rates.

  • Submission RE Fast-Track Approvals in New Zealand

    I strongly oppose this bill. I strongly oppose the manner in which Ministers who regard environmentalists as the audible portion of the roadway have arrogated to themselves the right to bulldoze every objection to what they personally regard as “necessary” roads and business activities. Local plans that prohibit environmentally damaging activities can be wholly ignored,…

  • The Great Filter

    The “great filter” is the notion that the reason we do not already detect any sign of the development of a similar society, more advanced than our own, among the stars is that there is some sort of trap that causes self-aware intelligent societies to self-destruct. The intelligent society fails in some fundamental way and…

  • Atlas exposed

    A critique of Ayn Rand’s philosophy that contrasts it with Mahinism. True wealth arises from our collective work, not individual greed. Real societal theft occurs through interest and systemic inequalities, rather than the “looter” caricatures in Rand’s narratives.

  • It’s a UBI! It’s a Guaranteed Job! Is there a difference?

    In a recent online discussion people who support MMT were somewhat upset because I called for MMT and a UBI. That is what I call it in my book, so that is what I call it. Apparently, there are neoliberals busily redefining the language to suit their prejudices out there, and they’ve turned UBI into…