iiinova — where your digital self keeps evolving

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Prisonculture @prisonculture.bsky.social · 26m

When some of you say "there's no money for public libraries etc..." I hope you know that there always is and it's just not prioritized.

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Money on the Left @moneyontheleft.bsky.social · 31m

Endogeneity without Exception: Modern Monetary Theory & the Promise of Heterodoxy moneyontheleft.org/2026/10/01/e...

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Money on the Left @moneyontheleft.bsky.social · 8h

What is the Loop? (In the Loop: Revolutionizing Public Finance, Ep. 2) moneyontheleft.org/2026/07/23/w...

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Money on the Left @moneyontheleft.bsky.social · 8h

While orthodox economists understand money to be largely “exogenous,” rendering it external, scarce, and uncontestable, heterodox traditions celebrate money’s “endogeneity,” insisting that monetary forms are fundamentally social, institutional, and generative. moneyontheleft.org/2026/10/01/e...

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Will Beaman @greenbackbetter.bsky.social · 21h

The left has to articulate a full employment vision where the vision *IS* full employment. Not full employment to achieve some external industrial goals, which has the effect of reifying some jobs as necessary and others as make-work. But full employment because being valued and needed is a right.

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Bright D Limm 임대중 @bdlimm.myatproto.social · 23h

@moneyontheleft.bsky.social's body of work on how to redesign public finance is great—and growing. For all those who intuitively already understand that the "how will we pay for it?" question is fake but want to understand how to change the rules of the game, this is IMO the best resource.👇

moneyontheleft.org

Municipal Finance

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Bright D Limm 임대중 @bdlimm.myatproto.social · 23h

Does it make sense for the public to ask Wall Street for funds in order to provide public services + infrastructure, when the public can create a way to fund itself instead? Of course not—but that's actually what all states + cities with bonds are currently doing. The Loop is how we make a change.

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Will Beaman @greenbackbetter.bsky.social · 04/10/2026

Citation is credit without political economy; credit is citation with political economy.

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Will Beaman @greenbackbetter.bsky.social · 04/10/2026

Mao on the Left (MOTL) @moneyontheleft.bsky.social

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Money on the Left @moneyontheleft.bsky.social · 04/10/2026

By embracing endogeneity without exception, Ferguson concludes, we open up vital, yet formerly repressed horizons for public provisioning, social experimentation, and anti-imperialist reparation. moneyontheleft.org/2026/10/01/e...

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Money on the Left @moneyontheleft.bsky.social · 04/10/2026

Billy Saas and guest-host Will Beaman speak with Money on the Left’s own Scott Ferguson about his essay, “Endogeneity Without Exception: Modern Monetary Theory and the Promise of Heterodoxy,” published recently in the Journal of Economic Issues. moneyontheleft.org/2026/10/01/e...

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Money on the Left @moneyontheleft.bsky.social · 04/10/2026

"It is striking that, from the eighteenth century onwards, descriptions of bartering begin to multiply and recur in almost identical terms." moneyontheleft.org/2026/06/20/t...

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Money on the Left @moneyontheleft.bsky.social · 03/10/2026

States & municipalities can cut Wall Street out of debt financing & save hundreds of millions of dollars per year by selling bonds directly to their own public banks & then "looping" the interest right back into their general funds.

moneyontheleft.org

The Seattle Loop: Reclaiming the Public Interest

By Tyler Suksawat & Scott Ferguson A palpable, but indecisive enthusiasm permeated a recent Seattle arts forum, revealing a city desperate for a future that no one quite knows how to build, let…

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Money on the Left @moneyontheleft.bsky.social · 03/10/2026

Green Politics and Public Money with Sheridan Kates moneyontheleft.org/2026/05/02/g...

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Will Beaman @greenbackbetter.bsky.social · 27/08/2026

Credit in Scott’s capacious sense presents a potentially difficult psychic and institutional problem, in that it projects sociality forward to futures whose precise terms cannot be guaranteed in advance. As Hyman Minsky famously said, “Everyone can create money; the problem is to get it accepted.”

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Will Beaman @greenbackbetter.bsky.social · 27/08/2026

We can read that Minsky quote as expressing uncertainty about futurity of the credit we create today. Saying that credit is fundamentally debt in the “schuld” sense stabilizes that futurity in a toxic way: at least we know now that there are strings attached and punishment is in our future.

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Will Beaman @greenbackbetter.bsky.social · 27/08/2026

So when credit issuance asks us to inhabit interdependence without knowing when the relation will have been completed, the Schuld story—debt/guilt/sin as originary cruelty—performs a genuine containing function. It puts walls around an otherwise indefinite temporal and relational field.

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Will Beaman @greenbackbetter.bsky.social · 27/08/2026

But here is the twist. The Schuld story is complicit in the terms of its own legibility. Schuld conflates all public recognition and containment with a creditor-debtor relation, thereby making the social environment itself appear as a creditor. Open-ended futurity is not habitable.

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Will Beaman @greenbackbetter.bsky.social · 27/08/2026

Schuld makes the threat of being localized as a debtor into the principal guarantee that the relation will endure. The Minsky quote is usually read as: “Can I persuade someone to accept my IOU?” And then the answer is “no, because receivability has to be compelled and you’re just a debtor.”

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Will Beaman @greenbackbetter.bsky.social · 27/08/2026

Scott’s article pushes us to ask instead: What kind of world has to exist for us to trust that sociality is safe to project forward? And what can we do in the present to build it?

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Will Beaman @greenbackbetter.bsky.social · 27/08/2026

“Getting money accepted” can therefore mean two very different things politically: It can mean forcing someone to recognize your claim through hierarchies of violence and, scarcity. Or it can mean constructing the world in which acceptance itself is socially provisioned and supported.

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Will Beaman @greenbackbetter.bsky.social · 27/08/2026

Epilogue: if this sounds like a psychoanalytic argument, it is. I’m drawing on Ogden and Winnicot, who are key interlocutors in @videotroph.bsky.social’s earlier book, Declarations of Dependence. But whereas psychoanalysis reads the holding environment interpersonally, we can pose it politically.

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Money on the Left @moneyontheleft.bsky.social · 03/10/2026

By extending endogeneity to public finance, MMT arguably goes furthest to correct the exogenous assumptions in heterodox theory, Ferguson claims, only to introduce new exogeneities into its approach. moneyontheleft.org/2026/10/01/e...

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Will Beaman @greenbackbetter.bsky.social · 03/10/2026

bsky.app/profile/mone...

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Money on the Left @moneyontheleft.bsky.social · 03/10/2026

Despite powerful political, legal, and ideological constraints, all institutions and actors play meaningful roles in monetary generation, rather than functioning as mere recyclers of scarce funds. moneyontheleft.org/2026/10/01/e...

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Money on the Left @moneyontheleft.bsky.social · 03/10/2026

Our hosts lay out a bold vision for Democratic Public Finance (DPF), a paradigm shift that rejects the defensive, austerity-driven mindset of “finding the money” and instead reclaims public finance as a problem of legal, social, and democratic design. moneyontheleft.org/2026/06/13/i...

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Money on the Left @moneyontheleft.bsky.social · 03/10/2026

Now in 3-D! moneyontheleft.org/2026/10/01/e...

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Bright D Limm 임대중 @bdlimm.myatproto.social · 03/10/2026

You and the others at MotL are doing work of such excellent quality and highly practical relevance that it's a pleasure for me to read/listen and promote it. I think the question is not so much *whether* these concepts + proposals will eventually picked up by Left movements as *when.* 🙏

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Money on the Left @moneyontheleft.bsky.social · 03/10/2026

While standard critiques of the barter myth emphasize its lack of empirical support, this article advances a more capacious approach that situates the myth within the conceptual formation of economic modernity itself. moneyontheleft.org/2026/06/20/t...

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Money on the Left @moneyontheleft.bsky.social · 03/10/2026

Identifying endogeneity primarily with volatile private markets and treating revenue and debt service constraints as external, fatalistic limits, heterodoxy often naturalizes the very capitalist narratives of scarcity it seeks to overcome. moneyontheleft.org/2026/10/01/e...

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