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Real Progressives

@realprogressives.bsky.social
184 followers 111 following 541 posts

Volunteer-run nonprofit organization committed to the mission of educating others about why understanding macroeconomics together with class-based analysis is essential for working class empowerment. linktr.ee/RealProgressives

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Real Progressives @realprogressives.bsky.social · 23h
"There is no chance that budget deficits will force the US government to default on its debt—no matter how high interest rates and deficits might go. However, high interest rates as well as other spending can increase the inflation danger."
levyinstitute.org
Is the US Running Out of Time as the Rest of the World Runs Out of the Dollar? – Levy Economics Institute of Bard College
Global trust in the US and its almighty dollar seems to be in question, with some nations scrambling to create alternative payment systems to compete with it. Some believe it...more
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Real Progressives @realprogressives.bsky.social · 28/09/2026
Dollar hegemony is maintained by fear, not faith—fear of military intervention and economic coercion. New! Episode 398 – The National Debt & the $40 Trillion Nothingburger with James Fauntleroy realprogressives.org/mnc-podcast-... #MMT #dollar #fear #military
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Real Progressives @realprogressives.bsky.social · 27/09/2026
The "government is broke" lie benefits the rich. It keeps the working class from demanding more. New! Episode 398 – The National Debt & the $40 Trillion Nothingburger with James Fauntleroy realprogressives.org/mnc-podcast-... #NationalDebt #MMT #Marxism
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Real Progressives @realprogressives.bsky.social · 27/09/2026
How does the capitalist class use the national debt as an ideological weapon vs the working class? Join us Tues 9/29 @ 8pm ET for Macro n Chill to listen to & discuss our latest Macro N Cheese ep ft @jaybefaunt.bsky.social Register: us06web.zoom.us/meeting/regi... #LearnMMT #NationalDebt #ClassWar
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Real Progressives @realprogressives.bsky.social · 26/09/2026
$4 trillion for #WallStreet in a month. Zero for #reparations zero for #healthcare zero for infrastructure. That's no surprise. Government isn't broke. It just works for capital. Steve Grumbine & jaybefaunt.bsky.social discuss in new ep realprogressives.org/mnc-podcast-...
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Real Progressives @realprogressives.bsky.social · 26/09/2026
NEW EP!! 🍔 Taxes don't fund fed govt spending. Neither do bond sales... They're just interest-bearing savings accounts for dollars already created. The national debt panic is theater. Steve and @jaybefaunt.bsky.social break down the con.
realprogressives.org
Episode 398 – The National Debt & the $40 Trillion Nothingburger with James Fauntleroy
Steve joins James Fauntleroy on The Jaybefaunt Show to explain why the $40 trillion national debt is a bogus scare-tactic. The “broke government” myth serves capital. They agree that liberation will c...
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Real Progressives @realprogressives.bsky.social · 26/09/2026
Steve Grumbine & jaybefaunt.bsky.social debunk the #deficit myths that justify #austerity while our govt spends trillions on endless war & corporate #bailouts New Macro N Cheese ep Sat 9/26 @ 8 am ET. Find all our eps: realprogressives.org/macro-n-cheese/
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Real Progressives @realprogressives.bsky.social · 25/09/2026
"Stephanie Kelton points out that there have been just seven periods since 1776 when the US federal government achieved fiscal balance or ran surpluses. Six of those periods were associated with or followed by depressions." #LearnMMT #History #Austerity
substack.com
A Balanced Budget Policy is Stupidity Writ Large
Constraining government spending as a policy goal is misguided, illogical and can lead to economic instability
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Real Progressives @realprogressives.bsky.social · 25/09/2026
"Epstein was an employee of capital, not its personification — his fortune was a fraction of the value he arranged for one client, and his protection was arranged by the state that serves his employers." melsm25.substack.com/p/the-epstei... #Epstein #Capitalism #ClassWar
melsm25.substack.com
The “Epstein Class” Does Not Exist
The fashionable phrase substitutes a hired functionary for the class that hired him. That is not a shortcut to the masses. It is the abandonment of class analysis dressed up as radicalism
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Real Progressives @realprogressives.bsky.social · 25/09/2026
The National Debt is just accounting. Steve Grumbine joins jaybefaunt.bsky.social to cut through the hysteria w/ Modern Monetary Theory & class analysis. New Macro N Cheese ep Sat 9/26 @ 8 am ET. Find all our eps: realprogressives.org/macro-n-cheese/ #NationalDebt #MMT #Marxism
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Real Progressives @realprogressives.bsky.social · 24/09/2026
Sectoral Balances: Predicting the Next Crises w/ @learnmmt101.bsky.social. Join us for the YouTube premiere of our latest Macro N Cheese ep. tonight @ 7 pm ET! #LearnMMT #PrivateDebt #ClassWar
youtube.com
Sectoral Balances: Predicting the Next Crises w/ Jim Byrne
What do government deficits have to do with the money in our pockets? Returning guest Jim Byrne, of the MMT101.ORG podcast, joins Steve to demystify one of M...
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Real Progressives @realprogressives.bsky.social · 22/09/2026
New! Episode 397 – Sectoral Balances: Predicting the Next Crises w @learnmmt101.bsky.social #MMT #banking #taxes realprogressives.substack.com/p/sectoral-b...
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Real Progressives @realprogressives.bsky.social · 21/09/2026
Why is class analysis so important when discussing MMT and sectoral balances? Join us Tues. 9/22 @ 8 pm ET for Macro n Chill to listen to and discuss our latest Macro N Cheese ep. ft. Jim Byrne, @learnmmt101.bsky.social Register: us06web.zoom.us/meeting/regi... #LearnMMT #ClassWar #PrivateDebt
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Real Progressives @realprogressives.bsky.social · 21/09/2026
New! Episode 397 – Sectoral Balances: Predicting the Next Crises w @learnmmt101.bsky.social #MMT #sectoralbalance #economy realprogressives.substack.com/p/sectoral-b...
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Real Progressives @realprogressives.bsky.social · 19/09/2026
The #Clinton surplus years looked healthy. People were spending, but drowning in #debt to maintain their standard of living. MMTers saw the crash coming. Orthodox economists saw nothing. Learnmmt101.bsky.social explains. #ModernMonetaryTheory Full ep: realprogressives.org/mnc-podcast-...
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Real Progressives @realprogressives.bsky.social · 19/09/2026
Government surplus means private sector deficit. Not sometimes. Always. That's arithmetic. @learnmmt101.bsky.social breaks down the sectoral balance accounting that showed 2008 coming while orthodox economists cheered deregulation.
realprogressives.org
Episode 397 - Sectoral Balances: Predicting the Next Crises with Jim Byrne
Jim Byrne, of MMT101.org podcast, joins Steve to break down sectoral balances, the simple accounting identity that exposed the conditions leading to the 2008 crash. They look at what is revealed and c...
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Real Progressives @realprogressives.bsky.social · 18/09/2026
Think the private sector creates money, while the govt just gets in the way? Wrong! Learnmmt101.bsky.social explains what banks are actually doing. New Macro N Cheese ep Sat 9/19 @ 8 am ET. Find all our eps: realprogressives.org/macro-n-cheese/
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Real Progressives @realprogressives.bsky.social · 17/09/2026
Learnmmt101.bsky.social shows how Modern Monetary Theory's sectoral balances framework predicted the 2008 #FinancialCrisis #austerity #LearnMMT New Macro N Cheese ep Sat 9/19 @ 8 am ET. Find all our eps: realprogressives.org/macro-n-cheese/
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Real Progressives @realprogressives.bsky.social · 17/09/2026
Recession By Design: Who Pays for the Business Cycle? ft. @cowboyeconomist.bsky.social. Join us for the YouTube premiere tonight @ 7 pm ET! #Recession #LearnMMT #ClassWar
youtube.com
Recession By Design: Who Pays for the Business Cycle? ft. John T. Harvey
This week we’re having a long-overdue reunion with John T. Harvey, known to our listeners as the Cowboy Economist because of his plainspoken, accessible way ...
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Real Progressives @realprogressives.bsky.social · 15/09/2026
Macro N Cheese episode 396 “Recession By Design: Who Pays For The Business Cycle?” ft John Harvey RP Substack post: substack.com/@realprogres... Full episode on RP website: realprogressives.org/mnc-podcast-... #economics #capitalism #MMT
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Real Progressives @realprogressives.bsky.social · 14/09/2026
Macro N Cheese episode 396 “Recession By Design: Who Pays For The Business Cycle?” ft John Harvey Full episode on RP website: realprogressives.org/mnc-podcast-... RP Substack post: substack.com/@realprogres... #economics #capitalism #MMT
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Real Progressives @realprogressives.bsky.social · 14/09/2026
New! Episode 396 – Recession by Design: Who Pays for the Business Cycle? with John T. Harvey Link to our FREE #Substack in comments below 👇 #capitalism #cancer #MMT
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Real Progressives @realprogressives.bsky.social · 14/09/2026
New! Episode 396 – Recession by Design: Who Pays for the Business Cycle? with John T. Harvey Link to our FREE #Substack in comments below 👇 #capitalism #cancer #MMT
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Real Progressives @realprogressives.bsky.social · 13/09/2026
How are unemployment, inequality, oligarchy, and recurring crises outcomes generated by capitalism? Join us Tues. 9/15 @ 8 pm ET for Macro n Chill to listen to and discuss our latest Macro N Cheese ep. ft. John Harvey! Register: us06web.zoom.us/meeting/regi... #LearnMMT #Unemployment #ClassWar
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Real Progressives @realprogressives.bsky.social · 13/09/2026
Think WW2 bond drives paid for the war? Wrong. War bonds were about controlling inflation – John Harvey “the Cowboy Economist” explains. Link to full Macro N Cheese episode in comment below👇 #WW2 #bonds #inflation
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Real Progressives @realprogressives.bsky.social · 11/09/2026
cowboyeconomist.bsky.social cuts through the noise: #capitalism created the #ClimateCrisis and exacerbated wealth concentration. The solution will come from outside the system that’s led us here. #ClassStruggle New Macro N Cheese ep Sat 9/12 @ 8 am ET. Link to all our eps in comment below 👇
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Real Progressives @realprogressives.bsky.social · 11/09/2026
Capitalism is inherently volatile. cowboyeconomist.bsky.social breaks down 70 years of business cycles and why the ruling class will never allow full employment. New Macro N Cheese ep ft Sat 9/12 @ 8 am ET. All our eps in link below 👇 #Capitalism #business #employment
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Real Progressives @realprogressives.bsky.social · 10/09/2026
The Red Scare That Stole Critical Thought ft. Andrew Hartman. Join us for the YouTube premiere of our latest Macro N Cheese episode tonight @ 7 pm ET! #RedScare #Education #ClassWar
youtube.com
The Red Scare That Stole Critical Thought ft. Andrew Hartman
They say the greatest trick the devil ever pulled was convincing the world he doesn’t exist. Capitalism pulled off something even trickier: convincing us it’...
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Real Progressives @realprogressives.bsky.social · 07/09/2026
New! Episode 395 – The Red Scare That Stole Critical Thought with Andrew Hartman Link to our FREE #Substack in comments below 👇 #education #redscare #capitalism andrewhartman.bsky.social
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Real Progressives @realprogressives.bsky.social · 07/09/2026
How did the Red Scare teach American students to be compliant workers rather than critical thinkers? Join us Tues. 9/8 @ 8 pm ET for Macro n Chill to listen to & discuss our latest Macro N Cheese ep. ft. Andrew Hartman. Register: us06web.zoom.us/meeting/regi... #RedScare #Education #ClassStruggle
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Real Progressives @realprogressives.bsky.social · 06/09/2026
New! Episode 395 – The Red Scare That Stole Critical Thought with Andrew Hartman Llink to our FREE #Substack in comments below 👇 #education #redscare #capitalism
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Real Progressives @realprogressives.bsky.social · 05/09/2026
Schools teach Helen Keller as an inspiration-porn fable about grit. They erase her socialism her militancy, her suffragism. Same treatment for Frederick Douglass: as if it's a #bootstraps story, not an indictment of #slavery. Link to full Macro N Cheese ep ft andrewhartman.bsky.social below 👇 #sc
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Real Progressives @realprogressives.bsky.social · 05/09/2026
NEW EP! 🎒 The US once had a powerful socialist and communist presence, deeply tied to the labor movement & civil rights. Then the Cold War happened. Steve & @andrewhartman.bsky.social on how the Red Scare weaponized schools to erase every alternative to capitalism.
realprogressives.org
Episode 395 - The Red Scare That Stole Critical Thought with Andrew Hartman
Should schools teach our kids to question and transform society, or train them to accept capitalism as the natural order? Historian Andrew Hartman joins Steve to explore how Cold War anti-communism tu...
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Real Progressives @realprogressives.bsky.social · 04/09/2026
ColdWar classrooms were built to adjust kids to capitalism, not challenge it. andrewhartman.bsky.social explains. Full Macro N Cheese ep ft Sat 9/5 @ 8 am ET. Link to all our eps in comment below 👇 #ColdWar #capitalism #CriticalThinking
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Real Progressives @realprogressives.bsky.social · 03/09/2026
andrewhartman.bsky.social shows how liberal & conservative elites united to erase Marxism from the American classroom replacing critical thought w/ "life adjustment" conformity. New Macro N Cheese ep Sat 9/5 @ 8 am ET. Link to all our eps in comment below 👇 #classroom #socialism
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Real Progressives @realprogressives.bsky.social · 03/09/2026
The Leviathan That Eats The World: AI's Hidden Hunger For Energy, Water & the Planet ft. Erald Kolasi. Join us for the YouTube premiere of our latest Macro N Cheese episode tonight @ 7 pm ET! youtu.be/9kDg-es5vpE?...
youtu.be
The Leviathan That Eats the World: AI's Hidden Hunger for Energy, Water & the Planet w/ Erald Kolasi
YouTube video by Real Progressives
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Real Progressives @realprogressives.bsky.social · 02/09/2026
Why "Comrade" is the Most Powerful Word in Economics. "If you tremble with indignation at every injustice, you are a comrade of mine." — Che Guevara. We don't need to agree on everything. We just need to agree to fight for each other. That is what it means to call someone a comrade. 🇨🇺✊ #Cuba #MMT
realprogressives.org
On Comradeship and Revolutionary Solidarity
We need as many of us as possible working toward a common goal, we only benefit our enemies when we take our frustrations out on each other.
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Real Progressives @realprogressives.bsky.social · 01/09/2026
New! Episode 394 – The Leviathan that Eats the World: AI’s Hidden Hunger for Energy, Water & the Planet with Erald Kolasi Link to our FREE Substack in comments below. 👇
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Real Progressives @realprogressives.bsky.social · 31/08/2026
Can AI be used for public benefit rather than capital accumulation? Join us Tues. 9/1 @ 8 pm ET for Macro n Chill to listen to and discuss our latest Macro N Cheese ep. ft. Erald Kolasi! Register: us06web.zoom.us/meeting/regi... #AI #Capitalism #ClassWar
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Real Progressives @realprogressives.bsky.social · 30/08/2026
New! Episode 394 – The Leviathan that Eats the World: AI’s Hidden Hunger for Energy, Water & the Planet with Erald Kolasi Link to our FREE Substack in comments below. 👇
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Real Progressives @realprogressives.bsky.social · 30/08/2026
The AI bubble is built on corporate debt that can't be serviced - just like every other capitalist boom before it. Link to full Macro N Cheese ep ft Erald Kolasi in comment 👇 #AIBubble #debt #boom
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Real Progressives @realprogressives.bsky.social · 29/08/2026
Chinese open-source AI models are cheaper and spreading globally. Silicon Valley is terrified because their trillion-dollar buildup depends on monopoly control. Link to full Macro N Cheese ep ft Erald Kolasi in comment 👇 #AI #SiliconValley #China
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Real Progressives @realprogressives.bsky.social · 29/08/2026
NEW EP!! 🤖🌍 Silicon Valley wants you to think artificial intelligence is about innovation. Erald Kolasi shows it's about accumulation. The author of The Physics of Capitalism joins Steve for a life cycle assessment of the #AI industry that refuses to stop at the #DataCenter 's front door.
realprogressives.org
Episode 394 - The Leviathan that Eats the World: AI's Hidden Hunger for Energy, Water & the Planet with Erald Kolasi
Erald Kolasi reveals the vast material and ecological costs behind AI and explains why its explosive growth is ultimately a story of capital accumulation, class power, and the struggle over who contro...
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Real Progressives @realprogressives.bsky.social · 27/08/2026
AI looks free because the oligarchs want you hooked. NVIDIA 'invests' billions in OpenAI. OpenAI buys NVIDIA chips. Circular financing makes extraction look like innovation. New Macro N Cheese ep ft Erald Kolasi @ Sat 8/22 @ 8 am ET. Link to all our eps in comment below 👇 #AI #NVIDIA #innovation
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Real Progressives @realprogressives.bsky.social · 27/08/2026
Capital sells AI as efficiency. Erald Kolasi walks through its life cycle assessment: the energy, water, rare earth extraction, and emissions behind every request. New Macro N Cheese Sat 8/29 @ 8 am ET. Link to all our eps in comment below 👇 #AI #emissions #capitalism
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Real Progressives @realprogressives.bsky.social · 27/08/2026
Money Manager Capitalism: Ponzi Finance in the Shadows ft. Eric Tymoigne. Join us for the YouTube premiere of our latest Macro N Cheese episode tonight @ 7 pm ET! youtu.be/l_aQqw_J0Zo?... #Ponzi #Finance #Capitalism
youtu.be
Money Manager Capitalism: Ponzi Finance in the Shadows ft. Eric Tymoigne
If public power repeatedly stands behind private finance when it fails, shouldn’t that same power be directed toward employment, productive capacity, and hum...
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Real Progressives @realprogressives.bsky.social · 24/08/2026
NEW! Episode 393 – 💵 Money Manager Capitalism: Ponzi Finance in the Shadows with Eric Tymoigne. Link to episode in comments to our FREE Substack.
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Real Progressives @realprogressives.bsky.social · 24/08/2026
How is Ponzi finance a natural feature of capitalism rather than a bug? Join us Tues. 8/25 @ 8 pm ET for Macro n Chill to listen to and discuss our latest Macro N Cheese ep. ft. tymoignee.bsky.social! Registration link in comments below. 👇 #Ponzi #Finance #ClassWar
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Real Progressives @realprogressives.bsky.social · 24/08/2026
NEW! Episode 393 – 💵 Money Manager Capitalism: Ponzi Finance in the Shadows with Eric Tymoigne. Link to episode in comments to our FREE Substack.
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Real Progressives @realprogressives.bsky.social · 23/08/2026
tymoignee.bsky.social lays out the alternative: decentralized federal #JobGuarantee where #community decides what it needs - schools, infrastructure & the fed govt covers the bill. Community-driven development, not #DataCenters Link to full Macro N Cheese ep in comment below 👇
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