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Why does a state like California that has supermajorities in both houses of the legislature not have a livable wage, housing guarantees, universal healthcare, and other very progressive policies? (lemmy.world)

submitted 6 months ago by [email protected] to c/[email protected]

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I keep being told it's because of the Republicans that we can't have nice things. So what gives in California? We should be overflowing with progressive policies.

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[–] [email protected] 5 points 6 months ago (1 children)

The solution of not having enough money is to print more money? I couldn't figure if you're serious but apparently you are...

[–] [email protected] 2 points 6 months ago* (last edited 6 months ago)

I think @[email protected] is oversimplifying by quite a lot, but not completely off base.

The most condensed explanation I’ve found is by Second Thought: Why The Government Has Infinite Money.
The links in the description are great as well, addressing some common questions and counter-arguments.

New documentary film: Finding the Money (BitTorrent magnet link)
The film barely makes any class analysis, but is otherwise good.

If you want a Marxian economic perspective, I highly recommend Michael Hudson. He dispels a few misconceptions here: The Use and Abuse of MMT