A 10-step framework for understanding Modern Monetary Theory, highlighting its political origins and contrasting it with mainstream economic narratives about money and markets.
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Brett Scott explores the frontiers of modern money and technology, drawing pictures to help readers see the economic system with new eyes. He is the author of 'Altered States of Monetary Consciousness,' a Substack publication with tens of thousands of subscribers.
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The essay examines the 'Stranger King' concept by Marshall Sahlins to analyze the complex power dynamics between Donald Trump and Venezuela, revealing the nuances of colonialism and local agency.
6.4Scraping the Sky
2025-12-09 • finance economics labor wealth inequality societal issues
High finance operates at a disconnect from ground-level labor, distorting value and perspective while illustrating the stratification of economic sectors.
The article outlines ten foundational layers of the financial system, emphasizing that finance is built upon more fundamental systems like agriculture and ecosystems. It argues that the financial sector is not the primary layer bu...
The article explores five conceptual models of taxation, examining how they relate to perceptions of money. It discusses various philosophical perspectives, including libertarianism, classical liberalism, and Marxism, on the role ...
The post critiques the mainstream 'loanable funds' model of banking, which suggests that banks lend out money deposited by savers. The author, influenced by economist Steve Keen, argues that this model is fundamentally flawed and ...
The article explores the dynamics of trading in financial markets, contrasting fundamental and technical analysis, and applies these concepts to the Bitcoin market. It argues that Bitcoin lacks true fundamental analysis, leading t...
The post explores the convergence of AI and Trump-era politics in 2025, highlighting the impact on capitalism, creativity, and corporate responsibility.
The post discusses Modern Monetary Theory (MMT), highlighting its controversial nature and the misconceptions surrounding it. It argues that both conservatives and left-wingers attack MMT due to its challenge to traditional views ...
The author, a former banker turned activist, critiques the concept of 'liberalism' within capitalism, arguing that it presents a contradictory narrative that attempts to merge profit-seeking with social responsibility. He discusse...
The post metaphorically compares Donald Trump's leadership style to a mecha pilot, highlighting the complexities and challenges of managing a vast and decentralized state apparatus.
The post examines elite loneliness and fragility, suggesting that powerful individuals often seek connection and status to compensate for their insecurities, as seen in the Epstein saga.
The author addresses AI builders in 2025, acknowledging their creativity and hard work while highlighting the paradox of technological advancement leading to increased anxiety and societal issues. The text critiques the notion tha...
The article discusses the emotional toll on customer service employees, referred to as 'Bufferland,' who absorb the anger and frustration of customers dealing with corporate issues. It critiques the disconnect between frontline wo...
The audio essay discusses how rejecting the cognitive dissonance associated with liberalism can provide some men with a sense of security, framing the concept of being a 'bad boy' as a means to feel like a 'good boy' in the contex...
The post argues against the transition to a cashless society, presenting ten reasons why reliance on digital payments is detrimental to both the economy and society. Key points include concerns about surveillance, exclusion, censo...
The post explains the global monetary system using visual metaphors of webs and see-saws to illustrate the interconnectedness of economies and the concept of debt as a balance of labor rather than monetary transactions. It discuss...
The author discusses their return to Substack after a hiatus due to mental health struggles, particularly obsessive-compulsive disorder (OCD) and anxiety. They reflect on the impact of social media on mental health, describing it ...
The post critiques the rise of a cashless society, highlighting the risks of digital currencies and advocating for the preservation of cash for economic resilience and inclusion.
The blog post explores the evolution of the term 'Black Friday' from a financial crash in 1869 to its current status as a marketing-driven shopping event. It discusses how corporate marketers have transformed the term from a descr...
The audio episode discusses the potential risks associated with Bitcoin, particularly focusing on a fundamental weakness that could lead to a significant economic crash. The content is aimed at paid subscribers of the Altered Stat...
Brett Scott introduces the audio version of his new piece on Modern Monetary Theory (MMT), reflecting on the democratic versus technocratic uses of knowledge. This post is exclusive to paid subscribers and is part of a series, wit...
0Visualizing Corporations
2025-05-27 • economics corporations systemic issues
The text is a part of a series called The Economy: A User’s Guide, focusing on corporations and their systemic nature. It discusses the tangled mass of entities that make up corporations and how they expand, as well as their impac...
0Beekeepers don't produce honey
2025-05-16 •
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