Letter
The Greens: Neoliberalism or MMT?
I agree with Louis Devine. But the Greens have also lost ground due to another reason: they have not summoned up the political courage to educate the public on the economics of Modern Monetary Theory.
The Greens have largely excellent policies. However, they have tried, regrettably, to embed those same policies within an economically flawed neoliberal “lens”, which renders them as “ridiculously unaffordable” to a very large percentage of the population.
The policies, of course, are not “ridiculously unaffordable”. They sit perfectly comfortably within a superior MMT “lens”. I would encourage the Greens to spend the next three years until the next federal election educating the general public about MMT, if their national vote is ever to increase much beyond 12%.
— Terry Gibson from Canberra